Case Study – Damien
- We helped prepare Damien’s company in such a way that lenders are more likely to lend to it, as outlined here, including properly building his business credit profiles
- Starting with a list of over 200 banks, we narrowed down to 14 banks to work with. We then introduced client to 3 local, region based lenders that offer no-doc business credit cards and 1 credit union that offers personal line of credit
- Within a month, we got Damien approved for $85,000! These are unsecured, no-doc business credit cards that do not show up on client’s personal credit report plus 1 personal line of credit!
When we work 1-on-1 with a client, we call hundreds of banks to see what their underwriting criteria is. Although we have a list of preferred lenders we work with, we continue to add more banks to our network. This is necessary as lenders change from month to month and it keeps our database of lenders up to date.