If you are in a business or starting one from scratch and in the need for business loans or line of credit your “loan IQ” better be in order or you will be wasting your time, credit scores, and even money with unscrupulous loan brokers, ignorant bank loan officers, and other scams that predominate the internet. We are not talking about getting business cards such as Office Depot , Staples, Office Max or gasoline fleet cards. We are talking about serious loans or lines of credit over $50,000 into the millions of dollars. At Global Financial Services an informed client is our best client.
If you have any of the following “ financial disorders” or state of mind you have a low “loan IQ” and probably need our services to get you back on track:
1. You think that just because you have a corporation your personal credit will not be checked by the lender. Or, you are a sole proprietor with lousy credit and have no idea why you need a corporation or LLC.
2. You have no clue what Dun and Bradstreet is or the other major business credit bureaus and have no interest in forming business credit before you apply for business loans.
3. You think the lender will be “sympathetic” to your low FICO scores because of the medical bills you incurred that wound up in collections and on your credit bureaus due to your heart attack or other misfortunes.
4. Your personal credit is trashed and you need a business loans guarantor with excellent credit but refuse to understand this or look for one to help you in the financing process. Basically, you want to do it all on your own!
5. You business partner absconded and/or stole money from your business leaving you in debt and with a stack of unpaid bills. You refuse to seek alternative creative financing as a result and think the lender should give you a “second chance”.
6. You are in the film business and/or high risk business and want thirty million dollars next week for your so called “fantastic project”. Meanwhile, you are broke, have trashed or no credit, no business tax returns or other documentation for business loans or investor.
7. You work in Walmart, make $12/hour, have no business experience, no savings, no credit history and want $500,000 for your new “hip-hop” record label.
Need we say more? At Global Financial Services “cookie cutter” business loans and financing is not our specialty. We seek all realistic creative financing options to achieve your financial goals provided that you have the state of mind and financial stability to make it happen. Call us today at 310-860-7510 for a free confidential evaluation of your situation.
This article was added on Saturday 12 June, 2010.
