Let’s be real!
Getting funded isn’t about cutting corners or magical hacks. It’s about building your business foundation and getting your personal credit that banks actually trust.
Step 1️⃣: Tighten up your persona credit and establish your business credit.
Get your current credit card utilization down under 30% utilization, then under 10%. It is not magic, just discipline. Build business credit files and scores with Dun & Bradstreet, Experian Business, and Equifax business bureaus.
Step 2️⃣: Build real bank relationships.
Do this with multiple banks. Have consistent deposits, use their products (savings & checking accounts, credit cards), show healthy activity. It’s a long game, not a one-week sprint. Banks are relationship-oriented lenders. Make them comfortable.
Step 3️⃣: Apply for vendor and cash credit lines strategically.
Timing and sequencing here is everything. Spray-and-pray applications only get you denials.
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