Business Lines of Credit, Factoring, invoice discounting, money for business

Process for Obtaining Business Line of Credit

First you complete the online application. You can either complete the form online or you can print it out and fax or mail it to us.

Preliminary lender approvals take only 1 to 2 business days once the application is received.

We will contact you to let you know the terms of the approval. You will sign a fee agreement and we will invoice you for $1997 for the purchase of a shelf-corporation. (click here to read about shelf corporations and why the are necessary)

We will send you a brief list of items the lender has requested. You will send these items with a check for the $1997. This $1997 is fully REFUNDABLE in the unusual event the lender fails to close your loan after having issued a preliminary approval.

We will move the Shelf Corporation to your name, compile your documents with our paperwork and submit the final loan package to the lending entity.

The lender issues a final approval and forwards loan papers for your signature.

You sign the paperwork and the lender issues a checkbook (and in some cases a credit line card).

Your transaction is now complete.

The business of obtaining credit lines for businesses has taken-off in recent years. Not since the 1970s have we seen such an availability of unsecured, low interest rate, business lines of credit. In many cases, it is no longer necessary to factor (sell invoices) in an effort to solve temporary cash flow problems. No longer is it necessary to pay 25% to borrow money for 30 or 60 days. Today’s credit lines offer low interest rates, easy payback schedules, and best of all, you only pay interest on the money you actually use.