Credit Restoration

Once a negative item is reported to your personal or business credit report, it has an immediate impact on your company's business credit profile. This should come as a serious warning for anyone who requests a copy of your credit report and may cause some companies to refuse to do business with you.

A negative credit report can make it very difficult to qualify for additional credit, be it corporate or personal. If you do find a lender who is willing to do business with you, the increased interest rates and fees associated with the loan will make the cost of borrowing money much greater. You may even have difficulty obtaining insurance if your credit problems are serious enough.

The good news is that if you are committed to staying in business, there are steps you can take to turn your credit around. The reality is that you need to be prepared to spend quite a bit of time and your own efforts to repair your damaged business credit profile.

Thankfully, the law gives you the right to dispute any credit listing on your credit reports that you feel may be inaccurate, untimely, misleading or unverifiable (questionable items). If a credit bureau can't verify the accuracy of a disputed listing, then it must be removed from your credit report.

Though Business Financing Solutions works with any business and with all credits, the option to begin the process of credit restoration is made much easier as our consultants will assist in determining which course is necessary to improve your rating. 

Our Credit Consultants will:

• Communicate with your creditors on your behalf
• Position you to avoiding excessive legal fees and/or bankruptcy
• Begin to repair your personal and/or business credit profile

In the court system, you are presumed innocent until proven guilty. However, in the credit system, it may feel as though you are guilty until you prove your innocence. Don't waste another minute, let BFS help to increase your bottom line.