Zero Balance Letter
Do you have a Zero Balance Letter? Then use it to help you with your company financing needs.
Apply below or Call: 919-771-4177 for more information.
These letters are proof that your company paid even if you got behind, missed payments, defaulted, or reached a settlement.
A Zero balance letter is important to the Lenders because it acts as a sign of proof that they will be paid on their new loan.
An E-Mail from the Lender can be used. In most cases the lender sends an E-Mail with the attached payoff document attached.
Submit the Payoff documents at the same time you apply.
Provide the confirmation of payoff when there are multiple MCA Defaults, or accounts with a slow pay history.
How does it help get a Loan?
Lenders don’t know if you still owe on some loans. Verification of Payoff proves you do not owe anything on that debt. Lenders will then not include it in your debt to income ratio.
Companies with previous Defaults benefit the most doing this. Especially if their Company has High Sales.
(Video Transcript: Click to Expand)
Use Zero Balance Letters after a Default to get Business funding or an MCA.Welcome to Bankstatementloan.com
You defaulted on a Business Loan and cannot get a loan or MCA.
Do you have Zero Balance Letters? Call us at 919-771-4177 if you do and we will help you get the business funding you need.
To Apply, Click or Tap on the Apply button, or on the End Screen of this Video, or call us at Tel: 919-771-4177.
Zero Balance Lenders are proof that you or your business paid, even if you got behind, missed payments, defaulted or made a settlement.
This is important to the Lenders because it acts as a sign of proof that your business will pay them even with derogatory business credit.
Submit the Zero Balance Letters at the same time you apply.
Provide all letters if there are multiple MCA defaults or Accounts with a slow pay history.
To Apply, Click or Tap on the Apply button, or on the End screen of this Video, or call us at Tel: 919-771-4177.
Interested in SBA referred Expert Business Mentors? Click on the preceding link for Experienced professionals in their field.