Becoming an entrepreneur is an exciting and rewarding adventure. But the hard work, enthusiasm and commitment required for success may not be enough to overcome some challenges – particularly in obtaining financing necessary to expand and maintain a business. By Elice Morgenson
Becoming an entrepreneur is an exciting and rewarding adventure. But the hard work, enthusiasm and commitment required for success may not be enough to overcome some challenges – particularly in obtaining financing necessary to expand and maintain a business.
Banks deny an average 80 to 90 percent of all loan applications, and the application process itself can be lengthy and rigorous, slowing down the progress and sustainability of an otherwise healthy business venture. In fact, bank loans to small businesses have fallen to a 12-year low, leaving an enormous percentage of the more than 30 million businesses in the U.S. without traditional sources of funding.
However, Global Financial Training Program is helping to fill the void, opening up funding avenues for entrepreneurs that would be unavailable through traditional lending sources.
Global Financial Training graduates arrange loans for businesses of every type and size, regardless of their credit standing, industry or number of years in business, says CEO Phil Dushey. Even entrepreneurs with little or no credit history, as well as those who have suffered damaging financial pitfalls, may qualify for funding. Global Financial Training graduates offer other creative ways to stay in business with minimal financial strain, including real-estate financing and equipment buy-back and leasing programs.
Global Financial Training Program involves an in-depth, four-day course at its New York headquarters. Participants have the advantage of Global’s more than three decades of experience in the loan brokerage business, learning all aspects of owning and running their own finance companies, including acquiring new leads and marketing.
Program graduates start out strong, receiving their first year of leads directly from headquarters. They also have access to unlimited advice and support from the program and a one-on-one mentor available to them for the life of their businesses. Their potential earnings can easily top six figures.
– Elice Morgenson