LenCred works with married couples who own small businesses on a regular basis to obtain unsecured capital. If you and your husband or wife are looking to finance your small business growth, it would be wise to consider working with the experts here at LenCred to obtain unsecured capital. Navigating the small business financing market can be confusing and tiresome. If you have never acquired outside financing or used anything other than your local bank to get capital, you’ll want know what it takes to get unsecured capital and where to get it. That’s where LenCred comes in. We can help you:
- Analyze your personal credit history and business needs – LenCred advisors will thoroughly analyze your personal credit history to determine whether or not you qualify for financing. They will also ask you in depth questions regarding the nature and financial status of your business to determine what type of financing may be the best for you. In most cases, LenCred Advisors discover that unsecured capital may be the best fit. If that’s the case, they will begin developing a plan to obtain unsecured capital for your business through their network of lenders.
- Develop your funding plan – LenCred will develop your funding plan after analyzing your business needs and personal credit history. Your funding plan includes the lenders in their network that offer unsecured capital and the order in which they will help you apply to those lenders to get the best result.
- Apply for unsecured capital – After your funding plan is finalized, the process of obtaining unsecured capital for you0 begins. Depending on the amount of funding needed and the state of your personal credit history, it could take up to 30+ days to get the funding you need.
Why Unsecured Capital?
Unsecured capital can be fairly simple to obtain, if you have a good personal credit history and are willing to provide the lenders with a personal guarantee. This just means you are personally guaranteeing that your business will pay back the unsecured capital. Furthermore, lenders that offer unsecured capital don’t require that you pledge collateral to be considered for approval. Approval for unsecured capital is largely based on your personal credit history. If you want to find out if you or your spouse qualifies, please fill out the form to contact LenCred Advisors.