The reality regarding Business Loans and How To Get Them
1. Business Credit Builder is a Myth – “Fly by night” company advertisements in many cases are seen everywhere with only and 800 number without any address endorsing their “credit builder” program getting wide range of business loans over millions of dollars without personal guarantee. These scam artists are painting a rosy picture with little chance of success. Don’t fall for this garbage – it takes period to build a strong business credit standing to qualify for thousands of dollars in business loans. Because of the economy and increasingly large number of defaults on loans and lines of credit by corporations the lenders now require a personal guarantor with strong credit history and assets to ensure payment back to the lending company in event of a default. Additionally under the US Patriot Act which is a result of “post 9-11″ legislation lenders now check Dun and Bradstreet (D&B) profiles on the business corporation, LLC or sole proprietor contained in the required verification compliance required by the government. We at Global Financial Services don’t make outrageous funding promises but rather rely on strong business credit building expert advices that has been highly effective through the years. To find out more go to www.gfsbusiness.com under the section “lender requirements and Dun and Bradstreet” in the menu selection and spend ten mins reading. Put in mind that each time a broker offers you enormous amounts of funding in a short time plus it sound too good to be true, then it’s not at all. Give us a call at 310-860-7510 from 8AM-5PM Pacific for a free no – obligation consultation to your individual situation.
2. Considering the economic status of today, battling desperate companies and scam artist prowling on their capitals, so- called loan consulting forms are noticed popping everywhere making huge assurances on funding once an upfront fee is being paid by the borrower or business. To begin with, under the law it’s illegal for any broker or consultant procuring loans to ensure a loan, interest rate, payment terms or amount of funding…….period! Just the actual bank or lender or financial institution funding the loan has the authority to do this and the simple fact is none of them is going to do so until they obtain the important information and/or application on the borrower or business entity seeking the loan or credit line. Often these unwary borrowers who fall in this scam never see their upfront payment back let alone receive their financing and best of luck finding these people who stole their funds as they are likely either bankrupt or have changed their 800 number, address and company name so they will do it all once again! At Global Financial Services and educated consumer is our best client. There are no charges for upfront free for a loan. We provide business credit building and consulting for a fee as well as corporation and LLC formation in connection with financing that is a necessary service for business development and asset protection. For additional info on our services call us at 310-860-7510 between 8AM – 5PM Pacific time Monday through Friday to get a free initial consultation on your business and loan requirements.
3. Grants on the Government are Scams -If lately you have been up watching the evening news, being desperate in looking for some business funding that doesn’t require to be repaid, then you probably are waiting and expecting what they call government grants. You might have perhaps seen these “pitch men”, authors and scam artists pitching these grants that never need to be paid back for various programs offered that allegedly cater to a huge number of businesses. But, the likelihood of these on becoming reality are almost zero. Business owners actually don’t fall in these categories; research development for energy conservation, ecological preservation, solar energy along with other environmental research designed to benefit society and our world. Should your business be considered a dress shop or a restaurant, then your character of getting grants for the government are almost similarly worse to buying a 5-million dollar house without any money and selling it at 10 million the next week. Do you understand the whole scenario? It is not a viable type of funding. Now if you’re able to deal with reality on the planet and are ready to stop dreaming then visit Global Financial Services in Beverly Hills, California for an honest evaluation and possible solution of your business financing needs such as business loans. We’re available daily from 8am-5pm Pacific Time and at numbers 310-860-7510 or visit www.gfsbusiness.com.
