
Why this Program Now?
In today’s business credit market there are so many offers circulating, that in the end, they fall short of expectations. Everywhere you look the promises are very similar; “we can build your business credit up to an 80 Paydex score in ‘X’ amount of time for ‘X’ amount of money”. Additionally, there are promises of obtaining various amounts of financing via business lines of credit. The fact is, some of these promoters in the past, had indeed, been able to perform on the promise of securing financing. That was then, this is now.
Unfortunately, things have changed. The country is in a “credit crunch”. Unless you haven’t been paying close attention, securing a business line of credit today has become very, very difficult. Banks/lenders have tightened their lending belts. Today we live in a market where credit isn’t just given away any longer. In today’s environment, more documentation is being asked for. If it’s not provided, chances are, a denial is forthcoming. A good personal credit score and an aged corporation isn’t enough. We know this all too well because research and other’s experiences have proven so.
The Adjustment to the Market
The services offered by Creative Funding Resources are “head-and-shoulders” above the norm. Rather than just an individual selling you an incomplete aged corporation that will have major issues securing funding, why not allow us to provide you with the complete opposite. We stock two(2) types of corporations: those with business credit and those without. However, both come with full financial documentation.
In business, all too often we will come across great business opportunities that usually lack the right business vehicle and the money to make things happen. So instead of being able to seize the moment, we lose out. However, if we had a company in place with the right structure and substance, we’d be in a position to turn that opportunity into profit. This is where our specialty lies. Our corporations allow you to take advantage of these opportunities and others with total confidence.
Fully Documented Corporations without Credit
These are the companies most utilized to achieve financing goals. Contrary to popular belief, it isn’t necessary to have aged corporations with a Paydex score to secure lines of credit. In fact, all that’s required in terms of any existing business credit, is that there be nothing negatively outstanding and that Duns at least has a record of your existence. Meaning, a lender (if referring to Duns), would see a generic business file that validates your corporate being.
Beyond that, a Full-Doc aged corporation without business credit and one with a clean record will suffice.
Fully Documented Corporations with Credit
In cases where the end user has long term goals that go beyond obtaining lines of credit, an aged corporation with credit is the way to go. Especially when it comes with its current financials and tax returns. Furthermore, these entities will yield higher approvals when seeking funding. Generally speaking, a Full-Doc aged corporation with credit will receive approximately 25-50% higher approvals than one without credit. This can be huge if one is attempting to acquire large funding amounts.
Another additional advantage is, this type of corporation will receive faster approvals and have greater credibility. Not to mention, you may establish substantial business trade references outside of bank loans and lines of credit.
In the end, it’s a matter of goals. But rest assured both will achieve the short term objective of funding. Finally, in both cases a strong credit guarantor is required. There are no exceptions in that matter.
Our Aged Corporations
Unlike most other sources of seasoned corporations, the companies we offer are a minimum of 6 years old. This is pretty much unheard of today. Most others offer corporations that are only 2 to 5 years old. Their inventory of corporations over 5 years old is very limited. If they have any at all, their pricing is astronomical because of the rarity of aged corporations older then 5 years old.
Our inventory starts at 6 years old and tops out at 15 years old or older. The average corporation we stock is 10 years in age. What this does is put you beyond the level of questioning your company’s longevity, sustainability, and future. Not many businesses can say they have been around for this period of time, however, you can. In addition we offer corporations that represent all the top business categories. Some of which include:
Business Management~Administration~Health Care~ Importing/Export~Telecommunications~Transportation~Information Services~ Media/ Publishing, Asset Management~ Professional Services and many, many others…
A Full-Doc Financial Package
As you know we offer both aged corporations with existing business credit and those without. Each corporation comes with a full set of corporate financials and tax returns for the past 2 years. Our pricing is superior in all facets vs. the competition. The industry standard is to ask an average of $30,000.00 + for a fully documented aged corporation with credit. So a typical 3 year old seasoned corporation would cost nearly $30,000.00!! Then, you must add over $1,000.00 for each additional year of aging beyond the 3 years.
At Creative Funding Resources we have a packaged pricing system that includes both the aged corporation and its business credit already in place. Our pricing starts at $10,000.00 for a Full-Doc, 6 year corporation without credit and just $15,000.00 for one with credit.
Contact us at 909-714-9863 for more information or email info@creativefundingresource.com
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