How long does the AFT process take?
It takes 60 to 180 days to establish a good file with business credit agencies and get the approvals without a personal guarantor. What normally takes years we can establish within a matter of months based on pro-actively following certain simple steps in the exact order and correctly. Think about it, will any real lender finance you personally without good FICO credit scores? The answer is NO. If you have bad or no personal credit, you can only find very high interest money. The same is true if you have no business credit scores. No real lender will finance your business if it does not have good business credit scores. Did you know that without having good business credit scores, lenders will rely solely on your personal credit? So, if you have a FICO score above a 700, and are willing to risk your personal credit, then you have a chance of being financed. Less than optimal personal credit will result in declines, unless of course you have good business credit scores.
