We are
Debt Sellers, LTD.
Our Licensed, Bonded, and Insured organization helps small businesses properly launch and grow their own business by providing coaching, advice, guidance, and other resources.
Everyday there are millions of business owners and aspiring startups that are looking to obtain funding.
What happens when the business owner is not qualified but needs funding in order to start or scale their business?
Our organization will consult with a small business owner on the three pillars of accessing funding: Credit, cashflow, and collateral.
Credit: Normally, lenders look for at least a 700+ Credit score; however, some lenders provide funding for as low as a 450 score.
If a client's score is not fundable, the client must work on becoming fundable through credit repair.
Cashflow: Normally, lenders look for at least $10K/M in revenue. If a client does not generate at least $10K/M in revenue, our focus is to form a new business for the client and create income projections to show the capacity to take on the loan.
We like to project the business to exceed 100K/M once funding is obtained.
Collateral: Normally, lenders are looking to have collateral for a loan. Especially when an applicant is looking to obtain an SBA loan, when a client does not have any collateral, we usually refer the client to work with Debt Sellers, LTD. to place assets on the balance sheet to become more qualified for funding.
This is done by following Generally Accepted Accounting Principles (GAAP).
Who We Are
Highly qualified and motivated professionals.
Beyond credit history, another important thing that lenders consider while deciding whether to offer your business a loan is the amount of collateral that you have.
We tend to work with clients on providing education and resources on how to leverage their business financials in a legally compliant and ethical way.
Often lenders are looking at what you would use as collateral.
Collateral is an additional form of security that can assure a lender that you have a second source of loan repayment. Assets such as equipment, buildings, accounts receivable, and inventory are considered possible sources of repayment if they can be sold by the bank for cash. Collateral can consist of assets usable in the business as well as personal assets that remain outside the business.
You can assume that all assets financed with borrowed funds will be used as collateral for the loan. Depending on how much equity was contributed by you toward the acquisition of these assets, the lender may require other business assets as collateral.
Your home or personal assets may be considered collateral, based on one of the following criteria:
- The lender requires the residence as collateral.
- The equity in the residence is substantial, and other credit factors or sources of collateral are weak.
- You operate the business out of the residence or other buildings located on the same parcel of land.
In our Program we will will consult, advise, and educate clients on available resources to access funding.
$50M
Largest Capital Raised through Consulting
2000+
Clients Advised
250+
Individual Financial Literacy Educators
GET IN TOUCH.
Telephone: 2144632543
E-mail: sales@debtsellers.org
Address: 1910 Pacific Ave
Suite 2000
Dallas, TX 75201
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