business credit repair

November 1, 2015 By Tagrid Shunia Leave a Comment

Why Lending Institutions Hire Us to Restore Credit

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Whether it’s a commercial credit lender or retail banker, they trust our work and services to help customers restore their personal credit and business commercial credit. This company has built trust with a number of lending institutions; therefore, they refer us to their valuable clients for credit help.

There are many online credit restoration companies that use a computer software system that scans your credit report, formulate disputes and consider it credit restoration. This type of system is not only generic but also a waste of time and valuable money; you also aggravate the credit bureaus. Our credit restoration process for business credit repair and personal credit repair are hands on, manually processed, and not one client has an identical credit repair solution from the other.

For Example: One client had a judgment and collection for the same debt; you cannot have an open judgment and open collection for the same debt. My company called the attorney’s office, settled the judgment, however, the collection agency was reluctant to release the judgment with the county. Later, my company spoke to the executives at the collection agency informing their process is incorrect and it was a must to release the judgment. Finally, the collection agency released the judgment with the county. A generic online credit restoration company involve themselves for hands on credit solutions. It’s impossible, unless you hire a credit attorney who charges more than us.

For more information on how we can locally help you fix your business commercial credit and personal credit in Naples FL and Fort Myers FL and Bonita Springs FL please fill out the online contact form about your concerns or give us a call at 855.477-9007. Read what our valued clients have to say about First Pro Capital and Credit Consulting Professionals on our Testimonials page.

October 26, 2015 By Tagrid Shunia Leave a Comment

Business Commercial Credit Scores Can Also Contain Erroneous Information

Business Commercial Credit Scores Can Also Contain Erroneous Information Not only do personal credit reports contain erroneous credit information, but also business commercial credit reports. If you are a small business owner, it is important to maintain personal credit and good business commercial credit. In addition to maintaining decent personal and commercial credit, a business owner should keep the business credit and personal credit separate. If you’re a sole proprietor or a business owner with 20 employees or less, your personal and business credit scores are closely linked in the eyes lending underwriters.

In keeping your personal credit separate from your business credit, you can secure one or the other if one of the two falls into delinquency. For example: You have an investment property with a partner, the investment property becomes delinquent because your partner failed to pay the mortgage. The delinquent mortgage will only report on your personal credit and will not report on your business credit because the mortgage was reported under your personal credit, even though the property was titled under an LLC.

A quick and easy way to keep track of your personal credit and business commercial credit is credit monitoring; this is a helpful tool for both business credit and personal credit which provides email alerts and up to date credit reporting.

We recommend the following companies for credit monitoring (not a paid promotion):

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September 13, 2015 By Tagrid Shunia Leave a Comment

Business Owners Need Good Business Credit and Personal Credit

Business Owner Need Good Business Credit and Personal Credit

I am pleased to say majority of our customers are self-employed small business owners. Working with self-employed small business owners is great! You can always check your business credit by ordering a business credit report with Experian Business Dun and Bradstreet and Equifax Business , which is highly recommended. If you find any flaws or concerns that appear on your business credit report, simply email or contact me for a free credit consultation. Our credit consultations are always free and very thorough! During the credit restoration process, there are step by step guidelines that customers need to maintain; otherwise you won’t get the credit results that are anticipated or achieved:

No new credit inquiries
No new credit, this includes increasing your credit card balances
No new late payments or collections during the credit restoration process
Monitor your personal credit with Equifax or Experian

Also, keep your personal credit cards separate from your small business expenses.

For more information on how we can locally help you fix your business credit and personal credit in Naples FL and Fort Myers FL and Bonita Springs FL please fill out the online contact form about your concerns or give us a call at 855.477-9007. Read what our valued clients have to say about First Pro Capital and Credit Consulting Professionals on our Testimonials page.

June 23, 2015 By Tagrid Shunia Leave a Comment

Attorney Compelled to Help With Credit

An attorney was frustrated with his client’s file and gave his credit problem client to our company. attorney compelled to help with credit After interviewing the client, sending extensive audits and reviewing their responses, our company was able to remove her two bad mortgage accounts.

There was not much leverage to work with this client’s bad credit. One of the two lenders, in their correspondence, verified the account was opened and closed at a certain date which was not the same date as they reported on the credit report. In their correspondence, the lender also vaguely disclosed how many late payments were reported, therefore the account was completely deleted off the client’s credit report. Her other mortgage account was open for 18 months, it was on the same property this client foreclosed on, and it was the last lender with her foreclosure process. Again, our company verified the late payments and the late payments did not equal to the duration of the account when it was opened and closed, therefore, the account was deleted with the credit bureaus.

The final result, the client is financing her new home which she wasn’t supposed to be shopping for a new home in the first place based on her credit and credit scores. Her attorney was compelled to help her and called our company because he did not want his client to lose her $30,000 earnest money deposit.

If you would like to see a copy of our results please call and also receive your free thorough credit consultation for business credit and personal credit.

For more information on how we can help you fix your business credit and personal credit in Naples FL and Fort Myers FL and Bonita Springs FL please fill out the online contact form about your concerns or give us a call at 855.477-9007. Read what our valued clients have to say about First Pro Capital and Credit Consulting Professionals on our Testimonials page.

June 23, 2015 By Tagrid Shunia Leave a Comment

A Free Credit Consultation Solved Problem

A potential client was referred to us to improve his credit scores. The client contacted me and sent me a copy his three merge credit report. After reviewing his credit, the client did not need credit restoration services but only credit advice. The potential client had impeccable credit meaning he had no late payment history, no collections, no charge offs or judgments which categorizes someone’s credit impeccable.

The problem with this client credit was his spending, he was over his limit with many of credit cards which brought his credit scores down. To solve his credit score issue, I asked the potential client to pay down the two credit cards by 70% so he can increase his credit scores and get approved for a Small Business Loan. My credit advice which is the thorough credit consultation was absolutely free and this potential client couldn’t be happier knowing I told him the truth which was not necessary of purchasing credit restoration which he didn’t need. However, we have clients with the same issue and want us to update their accounts with the credit bureaus, regardless if it seems as an easy fix to them.

Example Two: Another potential client called us on a troubled debt, it was a collection. The potential client was willing to borrow against her 401k to get rid of her $30,000 collection. After the free credit consultation, the creditor counter offered our offer to $15,000 which my client could not afford the full payment in advance. Instead, the potential client turned down the offer but I made her aware at any time the creditor may forcefully demand the full face value of the payment. Again, this consultation was at no charge and the potential client was content of consultation, even though she did not enroll with our credit restoration process.

Example Three: A business owner was seeking business credit restoration, I asked the client to order his business credit report through Experian Business, the business owner wanted to fine tune his business information and one court judgment that was released. Within two weeks, my client’s Experian Business score went up from fair to good, not to mention his Dun and Bradstreet Paydex score and his Equifax Business score. Now, my client has the ability to purchase another business.

For more information on how we can help you fix your business credit and personal credit locally in Hollywood FL please fill out the online contact form about your concerns or give us a call at 855.477-9007. Read what our valued clients have to say about First Pro Capital and Credit Consulting Professionals on our Testimonials page.

March 27, 2015 By Tagrid Shunia Leave a Comment

A Commitment is needed to Restore Your Credit

Most of our clients are self-employed small business owners, real estate investors and independent contractors. Our clients who commit to our credit restoration process are very determined and committed to fine tune or fix their personal credit or business credit or both. For Example: A small business owner downsized his business; he closed one of his store fronts. Our client was determined to get his scores back up in the 700s. Our client did not mind the continuous rapport with the banks and lenders that reported him erroneously late. It was a difficult case because he was misinformed by a mortgage banker which resulted in unnecessary late payments. Within two months our dedicated client went from a 525 mid score to a 693 middle credit score, he had not seen his credit scores up like this for two years because of the horrible advise he was given by the mortgage banker. We have a few more accounts to work on, but now his new credit scores give him leverage that he did not have before for new business credit and new personal credit

Keep good personal credit and business credit, it is the key to a business’ longevity, even though you had a distressed situation, you can fix or fine tune your personal credit and business credit to look good again.

March 3, 2015 By Tagrid Shunia Leave a Comment

Q’s and A’s on Paying a Collection Account

Question: I am applying for a short term business loan for my business and I was just notified by my bank representative that I have a collection account which is reporting on my business credit. I have called the creditor numerous times to negotiate some type of settlement but they refuse, so now what?

Answer: Is the business collection with a collection attorney or is it with a collection agency? Usually, collection attorneys rarely settle well, you’re better off settling the collection account with a collection agency than a collection attorney. If the collection agency refuses to settle, our recommendation is to hire a third party credit expert like us who will handle settling the debt and fixing the credit rating on your business credit report. Even though the collection is a business account, if you signed a personal guarantee, chances are the collection will appear on your personal credit too.

Question: I have three medical collection accounts on my personal credit; however, the medical collection agency refuses to take a settlement offer, so now what?

Answer: More and more medical collection agencies are refusing to settle medical collections for less, it is in the contract between the medical facility and the collection agency when they are hired to collect the debt. Unfortunately, this has become more of a common practice with medical collection agencies, especially with accounts that owe between $500 -$1000.00. Our approach to these types of collection conflicts is hands on, we approach the collection agency with the client to re-mediate the debt, if this approach does not work, we later execute a credit audit, which successfully works.

For more information on how we can help you fix your business credit and personal credit locally in Palm Beach and Palm Beach Gardens FL please fill out the online contact form about your concerns or give us a call at 855.477-9007. Read what our valued clients have to say about First Pro Capital and Credit Consulting Professionals on our Testimonials page.

~ Allow our team of professionals to assist you!

June 29, 2013 By Tagrid Shunia Leave a Comment

Good Business Begins with First Pro Capital and Credit Consulting Experts

Trimming, repairing or growing your financial landscape begins with a simple phone call to First Pro Capital and Credit Consulting Experts. Both companies are in one marketplace to assist our clients with their personal credit, alternative business loan, business credit restoration, and alternative commercial real estate lending. [Read more…] about Good Business Begins with First Pro Capital and Credit Consulting Experts

May 21, 2013 By Tagrid Shunia Leave a Comment

Business Credit Restoration and Commercial Loan Workouts Tailored for You

Are you looking to restructure your business debt and commercial real estate debt? You are not alone; 98% of our clients are self-employed, real estate investors and corporate executives. If you are in a distressed situation it maybe because of:

A non-performing business partner
Unable to refinance your existing loan due to new credit restrictions
Your current lender will not renew your business line of credit
Your commercial real estate property is in pre-foreclosure or foreclosure status
Loss of accounts receivable
Your commercial real estate property is “underwater”
Your balloon note has matured

Proven Track Record

We have helped a countless number of clients settle business debt and personal debt. Our negotiating system never fails us. We provide you fast and prompt service that no other company can match, guaranteed unmatchable service. One solution doesn’t fit all, each business owner, real estate investor or corporation has different circumstances from the other, so why give the same solution to all? Your workout is tailored to your situation. Our first step is a free thorough consultation with you regarding your alternatives to fixing your business credit, settling distressed business debt, a business loan workout or commercial real estate loan workout. Your consultation is free; the consultation is detailed and analytic. We ask our clients to have their Dun and Bradstreet D-U-N-S ready and also order their Experian Business and Equifax Business Credit report prior to your free thorough business credit consultation. After you complete your free consultation, the next step is settling your distress business debt, restructuring your business loan workout or commercial loan workout with your current lender, in an efficient time frame by delivering the service that we promised you.

The FDIC allows creditworthy borrowers to restructure or short pay-off their existing commercial real estate loan if the property is underwater. In addition, the FDIC allows extensions to creditworthy borrowers who have commercial real estate loans that have matured. Click here to read the complete FDIC guidelines.

Make the decision to have a turnaround solution for your business credit, business loan or commercial real estate loan.

Now it is your turn to receive your free thorough credit consultation

For more information on how we can assist you locally to fix your business credit, solve your distressed business debt locally in Weston FL and Sunrise FL please fill out the online contact form about your concerns or give us a call at 561.244.9914. Read what our valued clients have to say about First Pro Capital on our Testimonials page.

~ Allow our team of professionals to assist you!

April 11, 2013 By Tagrid Shunia Leave a Comment

Alternative Business Solutions for Business Debt

We provide valuable alternative business solutions for the self-employed. It can been a challenge for many small business and mid-size business owners during a buyout of business partner or growing pains of your business. Today more and more business owners are opting to alternative business solutions like fixing business credit, solving distressed business debt and utilizing a short term alternative business loan for cash flow.

Alternative Business Credit

If your small business can’t get financed, consider a micro business loan, it’s an alternative small business loan that can be renewed after the maturity date. A micro business loan is a 6-12 month term which is based upon your business bank account’s average balance and your personal credit.

A factoring loan helps several small business owners with working capital, business expansion and consolidating business debt. It’s an alternative small business loan that is not available in retail banks. Factoring healthy accounts receivable maybe your next business loan alternative. A factoring loan is also renewable at the end of the loan term.

An asset based loan is based upon your tangible assets, your business accounts receivable, your business credit score and your personal credit. An asset based loan is a business line of credit amortized for three to five years. We do not compete with retail banks on asset based loans, our asset based loan programs are more flexible with the types of industries and sometimes credit than retail banks. Ex) Some manufacturing companies have difficulties getting financed for an asset based loan with a local lender, where as our lenders welcome most manufacturing companies.

Our SBA lenders are flexible with types of industries. Some industries will get penalized with a lower loan to value, that is not a bad thing, especially when other SBA banks decline an industry because it is considered a high risk industry. Our company offers a very aggressive SBA 7(a) program. Read more about our available non bank business loan programs

Business Debt Solutions

It’s not fun when a mid-size business or small business files a Chapter 11 pre-petition, administrative claim, and post petition claim against a debtor who filed a Chapter 11. Getting your money back on invoices that are owed to your company is challenging, because there are other creditors settling their payoffs too. Instead of waiting and anticipating for your invoices to be paid by a company who filed a Chapter 11 bankruptcy, why not sell your pre-petition claim, your Chapter 11 administrative claim and your post petition claim to one of our third party vendors. Our company will arrange and prepare your entire transaction, and have our third party vendor sell your pre-petition, administrative claim and post petition claim on your behalf and your approval at a discounted value. It’s better to receive some of your money back than no money at all. Time is money; your company cannot afford wasted time, opt in to sell your Chapter 11 Claims.

Reducing and solving your business debt will improve your business credit score with Experian Business, Dun and Bradstreet’s Paydex score and Equifax Business Credit. If your company has outstanding collections or charge offs, select an expert to settle your business collection accounts, business charge off accounts, deficiencies and fix your business credit report. It is very important to have a good business credit score and overall good personal credit

Get the best service and quick results that your business deserves with our alternative business solutions and business credit repair!

Now it is your turn to receive our free consultation!

For more information on how we can settle business debt and business credit restoration locally in Palm Beach FL and Jupiter FL, please fill out the online contact form about your concerns or give us a call at 561.244.9914. Read what our valued clients have to say about First Pro Capital on our Testimonials page.

~ Allow our team of professionals to assist you!