Get Your Business Funding Ready

Capital Readiness

Did you know that most business loan and credit applications are denied over simple, easily fixable issues?

Lenders evaluate highly specific criteria when reviewing your business. At Zavvy Funding Solutions, we focus on building your

Capital Readiness—a measure of exactly how strong, stable, and credible your business appears to lenders and credit issuers.

Your Capital Readiness dictates:

Whether you get approved
The total funding amount you qualify for
The rates and repayment terms you receive

The stronger your business foundation, the more financing power you command in the marketplace.

This page provides you with the most effective, accessible tools to properly structure and strengthen that foundation. By optimizing your profile, you can increase your approval odds, secure higher limits, and qualify for the best possible terms.

Becoming capital-ready with Zavvy Funding Solutions is the critical first step to unlocking serious financing for your business.

Business Entity

You must have a business entity setup to qualify for almost all types of business financing and credit. This is one of the first checks lenders use to determine if they should even consider your application for financing. You’ll be given preferential treatment by lenders if your business entity is a corporation or LLC. .

Business Bank Account

Many lenders will lend you money just because you have consistent money going through your business bank account. But, most lenders will NOT lend you money if your business doesn’t even have a bank account. Plus a dedicated business bank account can protect your personal finances and make the IRS happy!

Business Address

Many lenders and credit issuers won’t approve you for business financing with good terms unless your business has a separate address. P.O. boxes, UPS and iPostal mailboxes, and home addresses are not preferred; many lenders will instantly deny you credit and financing if you use one of those address types on your financing application.

If your business isn’t in a retail or commercial location, consider a virtual office instead. These give you the same credibility as a big business, without the expense.

Places like Anytime Mailbox and Opus Virtual Offices provide the best and cheapest option for virtual offices.

If you’re in a smaller town, you may need to choose a location in a nearby bigger city.

Personal Credit Restoration & Maintenance

Your personal credit quality is an important factor in getting more approvals and better terms. Many entrepreneurs are risk takers, and their credit quality reflects that by showing derogatory items that resulted from struggles experienced while building their business.

Utilize a credit restoration company to restore personal credit, so that as an entrepreneur, you can improve your overall Fundability (being able to qualify for funding). Better Fundability means you can qualify for more business financing at better rates and better terms.

Website URL

Lenders see a credible business as one that owns their company URL, such as www.yourcompanyname.com. If you don’t own your own domain, it’s more difficult to access the credit and financing you need to grow. Make sure you grab your domain for your company before someone else does!

Simply Click Here to go to GoDaddy’s site, click the “sign in '' drop-down in the top right, then select “create an account” and set up your account. Once your account is set up, you can easily search for your company's domain and grab it very cheaply.

Business Phone

One of the easiest ways to get an application for financing or credit denied is to use a mobile or home phone on the financing application as your business phone; you must avoid this at all costs.

It’s easy and very affordable to get a business phone number for your company. And you can easily forward calls from your business line to your cell phone for more convenience.