We are pleased to announce a new line of service on building credit for business clients: Advanced Business Credit (ABC). This is a full-service program that does not require your interaction with vendors. The work of building credit is done through our expertise in developing trade lines that report to the major credit bureaus.
Advanced Business Credit will undertake the management of your vendor accounts, and report on them directly to the credit bureaus. Our detailed reports will include revolving terms, credit limits, balances, payments and history directly to the bureaus. As a financial planning service, our reports are recognized by the bureaus as independent, objective assessments of the credit-worthiness of your company.
Step 1- Line Of Credit
• $2,000 business credit account.
• Payment history reported to the major credit bureaus.
• Detailed reports include revolving terms, credit limits and balances.
Step 2 - Vendor Management
• We manage your vendor accounts, and report on them directly to the credit bureaus.
• Our reports are independent, objective assessments of the credit-worthiness of your company.
Step 3 - Contracts and Awards
• Our public affiliates provide additional business capital from the State of California.
• State contracts enhance your credit position, and thereby secure advance private funds for faster growth
In addition, ABC will work with its affiliates to secure additional business capital from the State of California. Through this partnership, ABC will determine if your company qualifies for State funds that are available for employee training. The funds are awarded through a contracting process at up to $100,000 per year for small businesses and capped at $975k for big businesses. If eligible, not only would you receive a capital investment of training funds to “upskill” your staff resources; but the State contract could itself be used to enhance your credit position, and thereby secure advance private funds for faster growth.
ABC services are available for a flat fee of $3,500 to build credit and $5,000.00 to include personal credit repair. As an augmentation, if the full fee is paid in advance your company will be eligible for a guaranteed $2,000 business credit account where payments against the draw will also be reported to the major credit bureaus. Otherwise, the fee may be paid in monthly installments, for a 5% administration charge. [Note: There is a separate administrative charge for CETF funding, payable through the State of California award.]
Whether you need personal credit repair, company credit building and reporting or the availability to get training funds we are your source to growing your company.
For more information Call 916-660-0605