Connect Your Business to Capital
At Executive Consulting, we specialize in helping businesses access the capital they need to grow and succeed. We are committed to securing the capital you need and empowering you with the knowledge and resources for sustained success.
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What Is Funding?
“Funding” is the ability to use personal and business credit to access capital. This means you can get the money you need without having to save it, work extra for it, or borrow from family and friends. Essentially, it allows you to make money using other people’s money (OPM).
Our Process: (How the Magic Happens)
FACT:
- According to recent data, about 20.8% of new businesses fail within the first year, and nearly 50% fail within five years. Why? Business owners quickly realize it costs A LOT of money to run a business. These failure rates are often attributed to financial challenges, including insufficient capital.
- Cash flow issues are the number one reason small businesses fail. Approximately 82% of small businesses face failure due to inadequate cash flow management.
Who We Serve
Our services cater to a wide range of clients, including:
Why is Funding Important?
Entrepreneurial Aspirations:
Every had a deal you couldn’t wait to get into? A vision for business? A partnership? Transition from being an employee to pursuing entrepreneurial endeavors with the necessary capital and funding support you’ve always worked for.
OPM (Other People’s Money):
Every had a deal you couldn’t wait to get into? A vision for business? A partnership? Transition from being an employee to pursuing entrepreneurial endeavors with the necessary capital and funding support you’ve always worked for.
Hedge Your Investments:
Qualifying for substantial funding gives you cushion- contributing to your capital stack, available credit, and month over month cash flow when used for investments.
Scalability:
Entrepreneurial Aspirations:
Microwaves have a purpose. Cars have a purpose. Your credit profile has a purpose. Unlock opportunities to acquire assets and grow your businesses by leveraging your credit file.
Legacy Building:
Create a lasting financial legacy for your family’s future.
When is Funding Needed?
Proactive Preparation:
It’s better to have access to capital now rather than needing it later and not having it
Business Growth:
Expand and scale your existing systems and business operations.
Working Capital:
Covers day-to-day operational expenses for your business.
Investment Capital:
Funds for new projects or equipment.
Growth and Expansion:
Resources to scale the business.
Operational Stability:
Ensures smooth business operations.
Innovation and Development:
Funds for developing new products or services.
Asset Purchase:
Lack of capital should not prevent you from seizing investment opportunities.
New Ventures:
Secure the necessary funds to venture into new business opportunities.
FAQ’s for FUNDING
What percentage do you charge for the total amount acquired?
We structure by rounds. For 1 round, which is typically a 30 days process , we charge 15%. For 2 rounds, typically a 60 day process, we charge 12%. Lastly for 3 rounds, typically a 90 day process, we charge 10%.
Why is funding important?
Funding provides the necessary capital at a fast pace to invest, which might’ve taken years and countless hours of hard work to “save”. Funding gives you the opportunity to invest in the business you always wanted to start or to grow and scale your current business.
Isn't this debt?
YES, credit is not free money. It’s the bank’s money which needs to be paid back. However, when managed responsibly, positive debt is a powerful tool for growth and investment which opens doors and opportunities we would’ve worked all our life to reach.
Can I get funding with bad credit? Having negative items on my file?
We highly recommend against this. This is only an option for high level funding such as equipment financing for experienced business owners. For someone new to credit and business and are looking for traditional funding (capital stacking) it’s a hard NO.
What information/ documents would be needed to apply?
Documents needed would be:
- Identification Documents (ID/SSN/Passport)
- Proof Of Address
- Credit Reports
- Paystubs/ Bank Statements
Tax Returns/ P&Ls if applicable
Is this on the personal side or business?
We offer both personal and business funding options. The type of funding that is best for you depends on your specific needs and circumstances.
Can I get funding for a brand new business?
Yes, we’ve funded hundreds of thousands for new businesses, as it will come down to your personal credit as you will be personally guaranteeing the business.(PG)
My business isn't structured properly. Can I still qualify for funding?
Yes, you could possibly still qualify for funding but we would help restructure the business or even just create a new one to improve your fundability and maximize the amount of capital acquired.
What are the interest rates on the products?
Interest rates vary widely depending on the type of funding, the specific banks, your credit profile, and market conditions but we like to focus on 0% products.
Are there risks in getting funding that I should be aware of?
Of course. Which is why we don’t want to fund just anybody, we gauge the person’s seriousness, level of experience, and plan they have for the capital. The obligation to repay and possibility of over-leveraging are definitely risks to keep in mind.