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1) Get Incorporated
Getting incorporated is a requirement for our lenders. Also, there can be tax advantages in doing so. The cost varies from state to state, but is usually around $125. |
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2) Financial Documents
Financial documents are needed in order to help find the right solution for you. Receiving the proper financial documents in a timely manner can speed up the approval process. |
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3) Business Plan
A strong business plan can provide details that can actually give you a better chance for approval. |
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4) DUNS Number
A DUNS number is given after the client has signed up with Dun & Bradstreet. This is the starting point in building a Paydex Score. |
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5) Build Business Profile
Once a business profile is established, IUG will continue to customize your financial package to suit your needs. |
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6) Paydex Score of 75+
Achieving a Paydex Score of 75 is another requirement for our lenders. The higher the score, the better the rates. |
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7) Review Files
IUG will review all documents for final preperation for submission. |
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8) Final Approval
Once you have received final approval, the preperations will be made for you to receive financing. |
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9) Finance
Congratulations! You have successfully been funded! |
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(614) 423-4809 |
Initial Underwriting Group is an Underwriting service and CANNOT provide you with legal or financial advice. The information on this website is designed
to provide accurate and authoritative information in regard to the subject matter covered. It is presented with the understanding that IUG is not engaged in rendering legal,
accounting or other professional services. If legal advice or other professional assistance is required, the services of a competent professional should be sought. IUG is unable
to file for a Sole Proprietorship for business credit purposes.
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Other effective finance options:
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What will IUG help with?
We will help you find the business plan template right for you, write and proofread your plan, and work with you one-on-one to make sure it's completed and done right!
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Why So Cheap?
We are NOT in the business of doing business plans for a fee. The more money we save you here the wiser you can invest your funds.
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