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Your Approves Solution - Frequently Asked

Questions

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Funding Eligibility

What are the minimum requirements to get funding?

You should have 7-10 accounts reported on your personal credit, with at least 5 being credit cards. Utilization should be below 30%, with no recent negative marks and no more than three inquiries in the last six months.

Can I secure funding without a business?

Yes, you can. However, if you’re qualified for 0% interest funding, forming an LLC can help you qualify for higher limits.

Can I get funding with just my EIN?

Yes, but to access higher limits and 0% interest terms, a strong personal credit score (680+) is often required.

Can I get business funding with bad personal credit?

If your business has been established for at least two years and has proven revenue (e.g., bank statements and tax returns), you may still qualify for non-0% options.

What if I don’t qualify?

We’ll work with you to make you eligible in the future, often through credit repair and strategic planning.

Funding Eligibility

What are the minimum requirements to get funding?

You should have 7-10 accounts reported on your personal credit, with at least 5 being credit cards. Utilization should be below 30%, with no recent negative marks and no more than three inquiries in the last six months.

Can I secure funding without a business?

Yes, you can. However, if you’re qualified for 0% interest funding, forming an LLC can help you qualify for higher limits.

Can I get funding with just my EIN?

Yes, but to access higher limits and 0% interest terms, a strong personal credit score (680+) is often required.

Can I get business funding with bad personal credit?

If your business has been established for at least two years and has proven revenue (e.g., bank statements and tax returns), you may still qualify for non-0% options.

What if I don’t qualify?

We’ll work with you to make you eligible in the future, often through credit repair and strategic planning.

Credit and Application Impact

Will my personal credit be used for funding?

Yes, banks evaluate personal credit, even for business funding, as it shows your reliability as a borrower.

Will business credit lines report to my personal credit?

No, our team focuses on securing business credit that doesn’t report to consumer credit bureaus, except for lenders like Capital One and Discover, which we rarely use unless requested.

How will this process affect my credit score?

Applying for funding may result in credit inquiries, which could temporarily lower your score by 2-10 points. However, new accounts can enhance your credit over time by increasing your available credit and establishing more robust creditworthiness.

Will this affect my utilization rate?

Yes, adding new credit can impact your utilization ratio. However, when managed properly, additional credit lines can help reduce utilization percentages over time.

What is a thin credit profile?

A thin credit profile means you have few or no credit accounts reported, which can make it harder to qualify for financing. We can provide guidance on how to build and strengthen your credit profile.

Credit and Application Impact

Will my personal credit be used for funding?

Yes, banks evaluate personal credit, even for business funding, as it shows your reliability as a borrower.

Will business credit lines report to my personal credit?

No, our team focuses on securing business credit that doesn’t report to consumer credit bureaus, except for lenders like Capital One and Discover, which we rarely use unless requested.

How will this process affect my credit score?

Applying for funding may result in credit inquiries, which could temporarily lower your score by 2-10 points. However, new accounts can enhance your credit over time by increasing your available credit and establishing more robust creditworthiness.

Will this affect my utilization rate?

Yes, adding new credit can impact your utilization ratio. However, when managed properly, additional credit lines can help reduce utilization percentages over time.

What is a thin credit profile?

A thin credit profile means you have few or no credit accounts reported, which can make it harder to qualify for financing. We can provide guidance on how to build and strengthen your credit profile.

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We specialize in credit enhancement and debt consolidation pathways that deliver real results.

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Email: [email protected]

Phone: (855) 705-8055

Address: 777 Brickell Ave Suite 500 #1012 Miami, FL 33131

© 2025 All Rights Reserved.

We specialize in credit enhancement and debt consolidation pathways that deliver real results.

Quick Links
Get in Touch

Email: [email protected]

Phone: (855) 705-8055

Address: 777 Brickell Ave Suite 500 #1012 Miami, FL 33131

© 2025 All Rights Reserved.