Frequently Asked Questions
What Questions Are Clients Asking About Business Credit & Funding?
Our clients come to us with the desire to grow and nurture their business. Webb Street separates itself from other financial credit services by offering unique services to our clients. Unlike any other business credit builder or credit repair service out there, Webb Street thrives on building strong and long-lasting relationships with our clients. Still skeptical about whether or not Webb Street Financial is right for you and your business? Continue reading to learn just how broad our services are, and how our financial credit services can help your business bloom today!
Q. CAN YOU HELP ME GET MONEY FOR A STARTUP BUSINESS?
Yes, we have funding programs especially designed for new startup businesses and franchises. If you have good personal credit or a good credit personal guarantor, you can secure up to $150,000 for your new business.
Q. CAN YOU HELP ME GET MONEY FOR MY BUSINESS IF I HAVE NO FINANCIALS?
Yes, over 90% of our funding programs require no financials to qualify.
Q. CAN YOU HELP ME GET MONEY FOR MY BUSINESS IF I HAVE BAD PERSONAL CREDIT?
Building business credit correctly means there is rarely a personal credit check for business owners to qualify. This means all business owners — even those with bad credit — can benefit by building their business credit. If the business owner has credit challenges and also has some kind of collateral, business cash-flow, or personal guarantor, they can also get funding along with business credit. Funding can be secured in as little as 30 days, and most forms of acceptable collateral will qualify, including:
- Credit Card Sales
- Inventory, Equipment and Receivables
- Retirement, 401K, Securities and Consistent Revenues
Q. DO YOU OFFER BUSINESS CREDIT OR CASH FUNDING?
We offer both business credit and funding services for our clients. We help clients first obtain money for their business through over 30 financing products and over 2,000 lenders. We then help clients build their business credit so they can obtain even more money with no personal guarantee or credit check.
Q. CAN I GET APPROVED FOR MONEY FOR MY BUSINESS?
Yes, yes, and yes! We can help you get money for your business. Our business credit building system helps you build credit for your business, even if you have a brand new business. You can then use your credit to obtain higher credit amounts, including funding. Moreover, your business credit can be built regardless of personal credit quality. So even with challenged personal credit, you can still build credit and obtain funding for your business. If your business has collateral or cash flow, or good personal credit, or if you have a good credit personal guarantor, you can then typically secure money quickly on top of the business credit you acquire.
Q. HOW MUCH MONEY CAN I REALLY GET WITH YOU?
Our clients can be approved for millions of dollars in funding if they have equivalent collateral or financials. Even new startup businesses with no collateral can obtain up to $150,000. While businesses with collateral can secure hundreds of thousands of dollars to millions of dollars depending on the value of the collateral and/or cash-flow available.
Q. HOW QUICKLY CAN I GET MONEY WITH YOU?
To obtain business funding, lenders typically want to see that you have either collateral, cash flow, or business or personal credit. If you have collateral, cash flow, or good personal or business credit, then you can typically secure money within 30 days or less. If you have challenged personal credit, no collateral, or no business cash flow, you can still secure money using a good credit personal guarantor. With no guarantor or collateral or cash flow, you will need to build business credit to obtain funding which can take up to 12 months.
Q. HOW DO I KNOW IF I AM A GOOD FIT FOR YOUR COMPANY TO WORK WITH?
If you have great credit, you can secure money through the finance suite even if you are looking for funds to start a business. And you will not need to show financials to qualify. Even if you have a co-signer, or a good credit personal guarantor, you can secure money with this program. If your business has some type of legitimate business collateral, you can also qualify for funding, even if you have challenged personal credit now. Acceptable collateral includes purchase orders, account receivables, inventory, equipment, credit card sales, commercial real estate, 401ks and IRAs, securities such as stocks, and most other forms of legitimate business collateral. You can even qualify for funding if your business has consistent cash flow each month. You can also qualify for funding if you have good business credit built. If you do not have this built, our business credit builder system will help you build your business credit so you can secure funding based on your business credit profile. If you do not have good personal credit or good business credit, and if you have no cash flow yet for your business, no acceptable collateral, and if you also have no cosigner, you will not secure money quickly through the finance suite. If you are in a rush to get money and you do not have any of these essentials, it will take you a year of business credit building to truly secure cash money. So, if you are in a hurry and do not have these essentials, we might not be the best solution for you. Now, if you do have one of these essentials, we (unlike a bank) require but just one, and you stand a good chance of benefiting from the Business Finance Suite.