Q: What is the difference between Financial Peace University (FPU) and financial coaching? The difference is the level of detail. Financial coaching is the most detailed and comprehensive service we offer. Our coaches will help you develop a plan specific to your financial situation. FPU offers weekly accountability and encouragement in addition to lessons on budgeting, debt elimination, investing, insurance and giving.
Q: How do I know if I need a coach? Financial coaching is the most hands-on service we offer. Our coaches will help you develop and implement a plan specific to your unique situation. You may be facing a crisis like bankruptcy, foreclosure or harassing creditors. Maybe you need help building wealth or starting your small business. Even if you just have some general questions about money management, financial coaching could be right for you. Our coaches are trained to handle a wide variety of situations. They will offer detailed advice and a specific plan to make your money work for you!
Q: Will you set up a payment plan for my coaching fee? We do not want to become your creditor, so we do not divide the fee into payments. As a result, we request the payment in full up front by either a debit card or bank draft. Remember, financial coaching is the most detailed service we offer, which is why it's one of the most costly. Other less-expensive options are available such as daveramsey.com, Dave's books and Financial Peace University, but coaching is focused on your unique situation.
LEGACY LEADER PROGRAM
Q: What is the Legacy Leader Program The Legacy Leader Program is a WISE leadership and mentorship program in partnership with Strongbrook REIC and Strongbrook Direct.
Women learn to become an effective leader and coach in the area of real estate investment, business ownership and personal development. Our Legacy Leader Program provides all the tools that coaches need to work effectively with clients to help them achieve their goals. Business, real estate and life coaches will benefit from using our effective tools and strategies at each stage of the coaching process – Preparing for coaching sessions, Analyzing goals, obstacles and issues, Coaching the client to success, and motivating them to Take Action.
BUSINESS CREDIT & FUNDING
Q: Can you help me get money for a startup business? Yes, we have funding programs especially designed for new startup businesses and franchises. If you have good personal credit or a good credit personal guarantor you can secure up to $150,000 for your new business.
Q: Can you help me get money for my business if I have no financials? Yes, over 90% of our funding programs require no financials to qualify.
Q: Can you help me get money if I have bad personal credit? Building business credit correctly means there is rarely a personal credit check for business owners to qualify. This means all business owners, even those with bad credit, can benefit by building their business credit.
If the business owner has credit challenges and also has some kind of collateral, business cash-flow, or personal guarantor, they can also get funding along with business credit.
Funding can be secured in as little as 30 days and most forms of acceptable collateral will qualify including credit card sales, inventory, equipment, receivables, 401k and securities, even consistent revenue.
Q: Do you offer business credit or cash funding? We offer both, business credit and funding services for our clients. We help clients first obtain money for their business through over 30 financing products and over 2,000 lenders. We then help clients build their business credit so they can obtain even more money with no personal guarantee or credit check.
Q: Can I get approved for money for my business? Yes, yes, and yes we can help you get money for your business. Our business credit building system helps you build credit for your business, even if you have a brand new business. You can then use your credit to obtain higher credit amounts, even funding.
And your business credit can be built regardless of personal credit quality. So even with challenged personal credit, you can still build credit and obtain funding for your business.
If your business has collateral or cash flow, or if you have good personal credit, or if you have a good credit personal guarantor, you can then typically secure money quickly on top of the business credit you acquire.
Q: How much money can I really get with you? Our clients can be approved for millions-of-dollars in funding if you have equivalent collateral or financials.
Even businesses new startup businesses with no collateral can obtain up to $150,000. While businesses with collateral can secure hundreds-of-thousands of dollars to millions-of-dollars depending on the value of the collateral and/or cash-flow you have.
Q: How quickly can I get money with you? To obtain business funding lenders typically want to see that you have either Collateral, Cash flow, or Credit, whether it’s personal or business credit. If you have collateral, cash flow, or good personal or business credit, then you can typically secure money within 30 days or less.
If you have challenged personal credit, no collateral, no business cash flow, you can still secure money using a good credit personal guarantor. With no guarantor or collateral or cash flow, you will need to build business credit to obtain funding which can take up to 12 months.
Q: How do I know if I am a good fit for your company to work with? If you have great credit, you can secure money through the finance suite even if you are looking for funds to start a business. And you won’t need to show financials to qualify. Even if you have a co-signer, or a good credit personal guarantor, you can secure money with this program.
If your business has some type of legitimate business collateral, you can also qualify for funding, even if you have challenged personal credit now. Acceptable collateral includes purchase orders, account receivables, inventory, equipment, credit card sales, commercial real estate, 401ks and IRAs, securities such as stocks, and most other forms of legitimate business collateral. You can even qualify for funding if your business has consistent cash flow each month.
You can also qualify for funding if you have good business credit built. If you don’t have this built, our system will help you build your business credit so you can secure funding based on your business credit profile.
If you don’t have good credit, or good business credit, and if you have no cash flow yet for your business, no acceptable collateral, and if you also have no co-signer, you will not secure money quickly through the finance suite. If you are in a rush to get money and you don’t have any of these essentials, it will take you a year of business credit building to truly secure cash money.
So if you are in a hurry and don’t have these essentials, we might not be the best solution for you.
But if you do have one of the essentials, not all of them like a bank requires but even just one, you stand a good chance of benefiting from the Business Finance Suite.
Q: What is Credit Repair? The process of working with credit bureaus and creditors to improve a person's credit report as a way of increasing their FICO credit score. It is the general practice of a consumer challenging inaccurate, misleading, or unverifiable information on the consumer's credit report to improve one's inaccurate credit standing.
Q: Is credit repair legal? Absolutely, although it depends on the method. The Fair Credit Reporting Act allows anyone to dispute inaccurate items on their credit reports. There's nothing we do that you cannot do yourself when it comes to fixing your credit situation. Individuals can restore their credit on their own but this can take time and a lot of knowledge when it comes to the credit laws.
Q: Can I Restore My Own Credit? Yes, you can. You can also represent yourself in a court of law, and do your own oil changes on your vehicles. We are a service company. Just as you are probably better at what you do than we would be, we are probably better at credit restoration than you would be. We offer experienced, professional help at very affordable rates for your convenience and benefit. Check out our Do-It-Yourself Software at http://enjoyyourlegacy.com/main/buildyourlegacy/credit/personalcredit/
Q: How Long Does The Process Take? Everyone's credit situation is completely different, so how long it takes for you to achieve your expected results depends on the number of derogatory credit items on your reports, your participation in getting credit reports to us, and the level of credit bureau cooperation. We will do our part, the auditing and creating dispute letters based on your reports, usually within 48 hours from the date we receive them. Most of the wait-time after is usually spent waiting for the credit bureaus or creditors to respond.
Q: How Does My Credit Score Change If I Open Or Close Credit Accounts? At first glance, it may seem like a good idea to close old credit accounts or open a host of new ones. But it’s not. More accounts can hurt, not help. Financial experts agree that you should not open multiple new accounts just to show a credit history. If you have had little credit in the past, build your credit history slowly. Open no more than one or two accounts initially. Also, don’t close your old accounts. A long credit history has a positive impact on your credit score. Having a large number of accounts in good standing with zero balances is a plus, not a negative.
Q: If I Keep Paying My Bills Will That Raise My Credit Score? Paying your bills on time should do nothing but help your credit score. Good payment histories will help clients who are trying to buy a home, refinance a home, or qualify for new credit. We often tell people that while we work on the past, you should be working on the future.
Q: What Do I get with my Professional Services Agreement (PSA) Purchase? With Strongbrook REIC’s one-time upfront professional services fee, you secure hundreds of documentable man-hours for the team to process your personal finances, educate you to make intelligent financial decision, locate and analyze potential deals, help you line up financing, arrange property management, assist you in setting up your asset protection, etc. For more detailed information visit us at http://www.womeninvestorsexchange.com/investment-opportunities.html
Q: Can I learn to invest all on my own and save myself the $15,999? You could do that but it would be difficult to duplicate Strongbrook’s model. Strongbrook REIC’s services will not only save you lots of time but you will also ultimately save money in making good choices.
Generational Wealth Zone partnered with Strongbrook REIC because they are appropriate for individuals who want to tap into real estate investment specialists with a coordinated, professional approach.
Q: If I sign up today, what happens next? Within the next business day you will be contacted by both Generational Wealth Zone and Strongbrook REIC and paired up with a Client Service Coordinator who will assist you in going through your Game Plan options. Your CSC will guide you through your investor education, help you set your goals and direct you to the various professionals within Strongbrook to assist you in securing your loan, completing your real estate transaction or organizing your asset protection.
Q: What happens if my credit does not qualify me to buy a property? Both Generational Wealth Zone and Strongbrook REIC will educate you on how to find credit partners. Strongbrook REIC clients also partner with each other for credit. The generally accepted expectation is that 20% of property ownership goes to the individual leveraging their credit.
Q: If I retain Strongbrook REIC’s services, do I have to use all of their affiliated companies? No. You may pick a different mortgage brokerage, real estate brokerage, insurance company or property management company.
However, after most of Strongbrook REIC’s clients do their research, they find that utilizing all of Strongbrook REIC’s resources offers both financially and time saving advantages.