How To Get Capital For Your Business Even When Your Credit Sucks And You Want To Crawl Under A Rock

If you are a business owner YOU CAN get access to capital regardless if your credit score is down the drain (below 600). There are approximately 28 million small businesses in the country, including yours. Don't think for one second that you stick out like a sore thumb, knocking yourself because your business can barely stay afloat.

A majority of business owners don't have a clue what options are available when they find themselves in this position, or who to turn to. Chances are you started your business because you want a shot at the "American Dream", financial freedom at some point, to potentially have access to more options for your family and valued relationships, or perhaps to leave a lasting legacy in this world. While many think starting a business separates them from the average employee out there, this sorely isn't the case.

In fact, several business owners we've funded have paid their employees more than they made the whole last calendar year. Now wonder why it's so easy to be an employee. No stress, show up for 8 hours a day, get paid, and don't worry about the top line revenue of the business. Still think it's glamorous to be running a business?

While yes, it can be glamorous, history shows that those who breakthrough have spent years mastering their craft and overcoming rejection to start earning the big bucks. What am I getting at here? It's wonderful that you had the courage to start a business but to effectively run it you will need capital and even if you have five or six figured in monthly revenue coming in- you're going to need outside capital to expand or else your business will be a time sucking stagnation machine where you never truly get ahead.

Intelligent, confident entrepreneurs and business owners understand that they must bet on themselves and do whatever it takes to climb to the peak of the mountain. Attaining outside capital whether from an investor or in the form of a loan, is going to feel uncomfortable initially but the ROI, if you know what you're doing, can payoff tenfold.

You're probably wondering what some of your options are at this point and I'm going to tell you right now.

First option is to take an advance based on the future revenue of your business. What this means is a lender will provide you with cash wired straight into your account with the faith that lending you that capital will help increase sales of the business. Typically, they like to see deposits of at least $15k per month or greater. In order to qualify for an advance on future capital- you must be in business for a minimum of 3 months and have healthy monthly deposits. The last thing a lender wants is to see a borrower drowning because they can't service the debt. This form a capital is based on a daily or weekly payment withdrawal from the business account. You can expect to get funded in as little as 2 days in some cases. This is quick capital with higher payback rates.

Second option is to go with an asset based loan. If your credit is in the dumps but you own viable collateral (business RE, Equipment, land, etc...) , you can leverage that towards a loan. The lender feels more comfortable with a secured loan in the case of a default- the lender would take over the collateral. If you have equity in your collateral you could pull out capital from that and do a Refinance as well. You can expect to get funded on a refi between 30-60 days depending on the lender.

Let's face it, you are in business to profit. That means you NEED money. Starting out you may question yourself, doubt your abilities, and wonder if you chose the right industry. That's NORMAL for any entrepreneur/business owner. You shouldn't have to stay scared and lose sleep at night because you're worried if you'll make a dime tomorrow.

Let us help you and provide the fuel for your business to launch and soar to new heights. Your customers, your family, and your employees are counting on you. DO NOT let your lack of credit worthiness drag you into the abyss.

Visit www.starcadecapital.com or call 585-455-2197 to see what you're options are for getting funded today.