Wednesday, February 04 2015
The TRW Credit and Funding Program is designed to help clients obtain credit and financing for their business.
In many cases, clients can secure business financing right away in the TRW Credit and Funding Program, before they even start building their business credit.
This brings up an important question, who can get money right away through the TRW Credit and Funding Program, and how can’t?
To get access to cash money within 60 days or less clients must have one of the 3 “C”s of lending. Unlike most conventional banks that require all 3 “C”s, with the TRW Credit and Funding Program you only need 1 to get approved.
The first “C” is collateral. Business owners who have collateral can typically get money quickly, even if they have personal credit issues.
Collateral can be purchase orders, account receivables, inventory, equipment, stocks and bonds, a 401k, real estate, cash, or other forms of viable collateral or assets.
The other “C” you might have that can get you fast funding is Cash flow. If you as the business have been open for a year and can show merchant statements or bank statements in which you have consistent cash flow coming in, you can get approved for money within 60 days or less. And, you can be approved even if you have personal credit challenges.
The third “C” of approval is Credit. If you as a business owner have good personal credit, or if you have a good business credit profile established, you can get money fairly quickly. This is unsecured money where nothing else other than credit is used for approval, so you must have REALLY good credit to get approved for this type of financing.
If a business or business owner has collateral, cash flow, or good credit, they can be approved for money quickly.
At the same time if you as the business owner have no collateral or assets, no cash flow coming in, and bad or no personal or business credit, you will not get cash money quickly, not through the TRW Credit and Funding Program or anywhere else.
In these cases, we help you build your business credit. And in doing so, we give you one of the “C”s you will need to get money. This will take about 6 months to do, and at that point you can start getting $10,000 Visa, MasterCard, Discover, and American Express accounts.
This is one of the amazing benefits of the TRW Credit and Funding Program. We get many people money quickly, and for those who don’t qualify right away we help them build their business credit so they will qualify, instead of just turning them away as most conventional banks will do.
The TRW Credit and Funding Program is the most comprehensive financial solution in the world today. When clients come in with the right expectations, they are typically blown away with the credit and funding potential they obtain.
Just remember, you must have one of the 3 “C”s of lending to get money quickly, or be patient as we help you build your business credit so you can get cash funding.