CORPORATE CREDIT PROGRAM:
Below you will find an overview of some of our services.
The intent of this overview is to outline key components of our group7 Corporate Credit Program and the major role it will play in identifying and obtaining additional credit lines and operating capital without your personal guarantee.
If the need for corporate credit is your main area of concern, let us help. Group7 proposes a corporate credit plan that will provide the credit lines you need to fund your business.
The group7 Corporate Credit Program will:
6. Provide The Business Credit Resources Center, which includes, lists of credit card companies, vendors, banks, lenders and more
7. Apply for 3-5 business retail cards with no personal guarantees
8. Provide you with a Platinum Mastercard with no personal guarantee
9. Provide resources for vehicle leases, equipment financing or loans under the corporation's name
The intent of this overview is to outline key components of our group7 Corporate Credit Program and the major role it will play in identifying and obtaining additional credit lines and operating capital without your personal guarantee.
If the need for corporate credit is your main area of concern, let us help. Group7 proposes a corporate credit plan that will provide the credit lines you need to fund your business.
The group7 Corporate Credit Program will:
- Save money by bettering your credit score and lowering interest rates
- Obtain a favorable D7B Paydex score of 75+ and Experian Intelliscore of 75+ based on the companies payment experiences
- Assistance in obtaining a D&B rating
- Assist in developing a credit profile with D&B and Experian
6. Provide The Business Credit Resources Center, which includes, lists of credit card companies, vendors, banks, lenders and more
7. Apply for 3-5 business retail cards with no personal guarantees
8. Provide you with a Platinum Mastercard with no personal guarantee
9. Provide resources for vehicle leases, equipment financing or loans under the corporation's name
HOW WE OPERATE• A free initial consultation to determine your financing needs
• We select the best funding path & source for your transaction • We prepare and present your financing/loan application • We act as the liaison between you and the lender to expedite funding • In exceptional circumstances we may need to charge an arrangement fee or an administration charge but this will always be discussed and agreed with you in advance Our professional standards:• At all times, we conduct our activities with integrity, confidentiality and professionalism and we will actively encourage similar conduct by others within the lending industry. • We will act with competence, and strive continually to maintain and improve upon our professional judgment through a complete understanding and knowledge of the lenders' loan products. • We will adhere to the principles of confidentiality and accuracy of inquiries and replies in all exchanges of financial and credit information. Where relevant, we will abide by the regulations under the Data Protection Act 1984. • We will never knowingly make false or misleading statements, or withhold or alter vital information which may jeopardize an intelligent loan decision, and we will correctly represent our relationships with all parties to the loan application. |
COMMISSIONS AND FEES:Group7 charges a commission fee for all deals that are closed between our Clients and any Direct Funding Source we provide access to. Whether Venture Funding, a Loan, or an Acquisition or Merger is secured; except where the Lender or Acquisition/merger partner is paying our fee. group7’s fee structure is based on the Lehman Formula. group7 is expected to be paid by our clients when a deal is closed within 7 business days after a transaction closing with any Direct Source of funding or Acquisition/Merger. The Lehman Formula is based upon 5, 4, 3, 2, 1 percentages. 5% up to 1 million dollars, 4% on the 2nd million dollars, 3% on the third million dollars, 2% on the 4th million dollars, 1% on the 5th million dollars or more. (Example: group7 assists with securing $3 million. group7’s Fee would be $120,000) Group7 shall use its best efforts to assist in developing or arranging financing or acquisition/merger partner that is satisfactory to the client. Client will provide group7 with an Executive Summary/Business Plan and/or Other Necessary Documentation. The agreement contains the entire agreement between the parties relating to the financing or raising of venture/equity capital or acquisition/merger for any client company and correctly sets forth the rights, duties, and obligations of the parties. Any oral representations or modification concerning this agreement shall be of no force. You agree to pay the $250.00 Service Fee and Lehman Formula Commission Fee(The service fee of $250 only applies to Venture/Equity Capital Assistance clients) In lieu of signature(s) confirming acceptance of above information, Please type your full name in the box provided below.
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