Every year my tax business is automatically offered low interest business loans from banks I work with during tax season.
I get offered these loans without having to complete a credit check, I do not have to provide bank statements, nor do I have to use my social security number or be a personal guarantee on the loans.
Usually I am offered almost $30,000, but I only take what I need at that time because loans are great, but they have to be paid back! Ugh.😂
This year my tax business received loans totaling $13,476.90. That money helped pay some bills, paid staff, and paid fees that my business is charged for our clients cash advance loan processing.
The loans are paid back fast, which helps build my business' good reputation with the banks. That good reputation automatically opens doors to higher loan amounts. Although the loan amounts increase every year, I just take what I need. But I do love having the option to take the max offered.👍
Be sure your business is structured and set up properly, positioned on the winning side. It does not matter if your personal credit is bad, it only matters that your business credit is good.
Join me in our weekly business coaching sessions and let me help you get to the money!🤑