Funding a startup is one of the most difficult challenges any entrepreneur will face. Having personally founded over a dozen startups, the Seed Capital executive team understands just how difficult it is to secure funding and turn an idea into reality.
Seed Capital's mission is to assist entrepreneurs in financing their start-ups through innovative funding and credit building techniques. By providing the cash credit lines needed to launch a business our clients benefit from our team's vast knowledge and experience, and our policies have been created to ensure that the motivations of our clients and our firm are clearly aligned.
Our founders have started or been angel investors in ventures that achieve Annual Revenues of over $80 million. Since 2008, Seed Capital has facilitated more than 2 Billion dollars in funding for its consulting clients, resulting in over 20,000 new businesses. From retail to technology to product development, we have been part of or advised hundreds of companies and offer valuable consulting experience from both failure and success.
All too often in the quest to realize their dreams, entrepreneurs give away precious equity to finance their companies. Unfortunately, selling even a small percentage of shares to an investor can change the power structure and cause you to lose control of your vision. You don't have to give up your ownership for startup funding; there is a better way. Seed Capital's vast experience and knowledge with business credit will allow you to keep your equity and get the capital you need now and execute a step-by-step plan to build business credit and ultimately free yourself from all business related debt. You should own your business, it should not own you.
Already have a business? Did you know that 80% of businesses fail due to undercapitalization.... you can't afford NOT to have access to capital before you need it. Will your business be well positioned to respond to the constantly changing market dynamics? Will you be able to seize opportunities as they arise by having instant access to substantial liquid capital. Seed Capital will assist you in the development of your business credit and provide financial flexibility, the best insurance policy to ensure prolonged prosperity for your company.
The lines are underwritten and qualified wholly on a borrower’s credit rating and stated business information.
PHASE 1 is for each client to get pre-qualified, this requires a review of the client's personal credit report. Clients will be told quickly if qualify for the $50,000 Guarantee.
PHASE 2 features applications for UNSECURED, REVOLVING lines of credit that can be used for any purpose the business owner deems necessary including expansion, bridging cash flow, marketing, paying off existing business debts or any other reason.
PHASE 3 is all about using your lines in the best way possible. Banks prefer to lend to businesses that they have had long working relationships with, and Seed Capital will consult you on how to use your credit lines to maximize your future credit availability while still paying the least amount of interest.
Seed Capital has an A+ RATING with the Better Business Bureau and has helped thousands of clients to attain the working capital credit lines they needed to start their businesses. Here is a small sample of our clients who have obtained the initial working capital credit lines necessary to grow their business and are now on their way to the ultimate freedom, opportunity and security excellent business credit provides.
"When my paint contracting business needed additional working capital, we turned to Seed Capital to help us. I am pleased to say my business obtained $127,000 in credit lines and all the money was available to me in less than 3 weeks. I highly recommend Seed Capital and thank them for providing my business the opportunity to grow."
"When my partners and I decided to self-fund our social networking startup, we were constantly having to choose what features to build and which we couldn't afford just yet, severely limiting our ability to grow. With the help of Seed Capital we were able to raise $87,000 in working capital to fund new development and a detailed marketing plan while keeping full ownership of our business."
"My plaster and stucco business was limited to a maximum bid size of $25,000 by the State of Nevada Contractors Board. Seed Capital was able to secure $133,000 in credit lines allowing my business to qualify for jobs up to $250,000! Now I am able to bid on jobs 10 times the size! Thanks Seed Capital!"
"I received $97,000 in working capital for my wholesale clothing business and I am using my supply credit for shipments and sending catalogs. My business is growing like never before all because I took the time to work with Seed Capital and follow their plan. My revenues are now growing exponentially due to my ability to access the working capital I needed, when I needed it."
"As a Real Estate Investor, I wanted to take advantage of foreclosures and short sales, and I applied with Seed Capital and achieved over $215,000 in credit lines, most at 0% for 6-15 months. This has allowed me to purchase 5 additional properties with significant cash flow."
Yes. You can use a Sole Proprietorship, LLC, S Corp or C Corp. However, banks prefer to lend to individuals that have formed LLC's or Corporations. Forming a business entity shows the banks that you are serious about your new venture and that you are willing to take the correct steps to legally protect it. Don't have an entity yet? That's no problem, we can help get your business started correctly no matter what state you are in.
The Seed Capital program is the result of vast amounts of bank research, credit bureau research, legal consultation and trial and error. Our level of understanding comes from the ability to compare and contrast thousands of applications and the resulting credit granted. It may seem like it's too good to be true, but in fact the results of our program aren't magic, they are simply the function of experience, technical knowledge and a lot of hard work.
There are no annual sales minimums to become a client and the Seed Capital program is not income dependent. However, it is of the utmost importance that you are truthful in your statements about personal and business income as banks will be comparing your statements with their own research and due diligence.
The CEO's credit score is by far the most important aspect, but at least one of the partners in the business should have a credit score of 680 or higher. Banks believe that if you have been vigilant in achieving a high personal credit score then it is likely you will apply the same financial responsibility to your business. Banks want to see consistent repayment history over time and the stronger your credit is the more they will be willing to lend.
The business owner will have inquiries to their personal credit report and those can have a negative impact on the personal credit score for up to 6 months. If you carry high balances on credit lines that report to your personal credit file your scores will be negatively affected. Never max-out any credit line if you want to maximize your credit scores.
Any type of Business is eligible for the Seed Capital program; however, businesses with clear paths to profitability are preferred. Remember, the credit lines will help get your business up and running fast, but you do have to service the debt, so be sure you can start ringing up sales quickly.
After taking the time to write a thorough business plan detailing your concept, it may be hard to believe that you haven't thought of everything... But one thing we can guarantee to add is perspective. The founders of Seed Capital will review your concept (under NDA) and make positive suggestions and recommendations. Those could be for potential clients, partners, employees or even possible material changes to the revenue model. Every business is different but it's a good bet that we know someone who can help take yours to the next level.
In some very rare occasions we will become equity partners with a minority position in each startup in our incubator program which allows us be part of the future success yet leave the entrepreneur as the absolute majority stakeholder. We have longstanding relationships with venture capital firms all across the U.S. If you have a scalable business with traction, intellectual property or some other significant barrier to entry we'd love to hear about it.
We highly recommend you read the article 28 Mistakes Entrepreneurs Make When Pitching to Investors and adjust your deck accordingly.
We guarantee at least $50,000 in Cash Business Lines or our program is FREE. The program is not based on income, provides Unsecured Credit Lines, and Startups are OK!