Banks, Insurers, virtually every major service provider to a business requires owners and businesses with moderate to great credit. SpotOn Financial provides our clients not only the what's and why's but the how to increase credit scores. If you need credit repair. Set your appointment for a review and let's start the process to improve credit scores for you and your business.
Our personal credit repair services are available only to business owners that we provide other business services. We do not provide consumer focused credit repair services. We have partnered with consumer credit repair agencies in our network that provide those services.
Under our Business Credit Repair program we work directly with our clients and leverage our network of commercial attorneys and debt settlement professionals to help repair the credit of the business owner and the business itself. In addition to repair services we help a client with a second chance credit program to re-establish credit.
SpotOn Financial believes everyone needs a second chance. Our second chance credit program is designed to help business owners and their businesses with less than perfect credit to re-establish credit history using our proven process of credit repair. The road to building a successful business is having access to credit products along the way. We are here to help to improve credit scores and build future success.
SpotOn Financial understands the importance of credit to a business. If a business struggles managing its credit and that credit is never repaired the options become few and in some extreme cases eliminated due to poor payment and credit management history.
Our credit repair program is not a quick fix where we mail a few credit dispute letters and attempt to inflate your FICO score that is not credit repair, that is a waste of your time and when you hire someone to do it, your money. To be a bankable risk to lenders, potential clients, insurers, even top employee talent your business must have a positive credit history and when it doesn't you need to have a team of professionals able to assist you in getting your credit repaired.
Our process begins with our initial meeting with your management and if necessary your advisors. The purpose of that meeting is understand what the issues are, how those issues were created, and then develop a plan and strategy to reduce or eliminate those issues from happening in the future.
Our credit repair program is a fee based service paid monthly. The typical time frame to improve the credit of a business is three to six months, on average based on the adoption of our plan and implementation of our strategy some clients have taken up to 12 months, others it is an ongoing process. We partner with our client to make life changing processes, we change the thought process, we change the payment habit process, and we teach clients how to maintain those process well after our contract expires.
Our credit repair program is a step by step proven model that works over time! We tell our clients you didn't wake up one day with bad credit for you or your business. It took time and frankly that is the only real solution to improve your business credit profile. It's about your patterns of behavior, it is about cash flow management, it's about the proper terms and conditions of payment for you and your business. SpotOn Financial helps you develop your plan, creates your strategy, and then helps you meet those goals of improving your credit and ultimately your business.
Most business owners struggle with budgeting and management of cash flow. Although seemingly easy to do, it is something that even major corporations don't always get right. Here are a few simple habit forming tips that will help you build or repair your business credit in no time.
1) Review your personal credit report every 90 days. This is critical to make sure you report is accurate and if not, you can quickly address any issues.
2) If you fall behind on your bills. Don't panic and worse don't ignore the creditor calls. Reach out to your creditor and discuss options such as debt settlement, debt negotiation, or a revised payment plan. Many people simply run from the debt, that strategy only makes you tired. The debt stays there.
3. If you don't do number 1 or number 2, strongly consider this tip! Whenever possible pay your bills on time even if you can't pay the full amount. Many creditors will not report your payment late if they receive a payment period, often times it can be a minimal payment until you get caught up.