Typically,  we will be doing an audit of the current status of the business, the business credit, the owners credit, lender compliance items, and correcting, completing or editing all items we find.

It is critical that the first 90 day window be used to get everything ready to apply for business funding so that the maximum amounts with the best rates and terms can be obtained. Applying before then will often lead to declines or obtaining far lesser amounts on less favorable terms. Making sure that lender compliance items have all been completed and that both the owners and the business credit reports are correct is critical. Followed by having a minimum of three reporting cycles for the business credit process so that there has been enough time for the business scoring to take place. Lastly, make sure that a business bank rating of a low five has been obtained which in itself is a three monthly bank statement cycle. process. All this along with making sure that the required business documentation is in order and ready to present to lenders.

We will be building business credit through the selection of Net 30 and revolving vendor credit lines that are useful to the business and will build business credit. To achieve this we will need at least three reporting cycles. We will be seeking to optimize, correct and time the personal credit reports and scores of the business owners. During this first 90 period we will be making sure that the business online footprint has also been optimized and that the required documentation for larger business funding requests are all up-to-date and in place.

As part of the business success  process we are going to complete an audit that defines all the stages and items we will be completing, optimizing, and building. This initial audit shows us where we are for these items at the starting point and by the end of the first 90 days we should be at a point where all these items have been completed. Then we will continue to build, maintain, and fund the business part of the success service.

Success training will focus on making sure that:

• All credit accounts are used on a monthly basis.

• That these accounts are paid on a ten day early basis (at least).

• To develop and maintain a low five business bank account rating.

• To maintain proper accounting and other business records to be ready for immediate lender submission at any given time.

It is during this time period that larger funding amounts can be pre-qualified for and applications made.

It takes a minimum of 90 days to start the business building process, to obtain a low five bank rating, to age out existing credit inquiries, to start to optimize the owners personal credit, and to complete the online optimization process. Trying to short cut any of these items will result in credit declines or at a minimum being approved for far lesser amounts and much worse rates and terms. Be patient and go with the proven process.