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How Online Lenders Revolutionized Access To Credit So You Can Grow Your Biz - Shared screen with speaker view
Bailey
04:18
Hi Everyone! You can find future Alignable Small Business Innovation Series events here: https://growyourbusiness.alignable.com/events/
Dylan Richardson
04:41
Hi everyone, this is Dylan Owner of TSS Photograph of Deep East Texas.
Michael Mowins
05:52
What is the interest rate range for funding? Is it competitive with rates from your bank?
Bailey
06:20
Here’s the Alignable Financing Solutions Center where you can find resources to help with your business funding: https://growyourbusiness.alignable.com/small-business-financing-solutions/
Deborah Campbell
19:04
What are the rates for long term loans- 24-36 months or longer? Also do you offer refinancing of heavy equipment?
Dianna Hanshew
20:26
Or any invoices/receivables let alone outstanding since COVID.
Sanjo Omoniyi
20:40
Can the answers to this question be pushed out to all of us? Thanks.
Juliana - Alignable
23:22
Hi Vicki, Learn more about Fundbox’s line of credit pricing:https://www.bit.ly/3CtEji7
Toni Milelli
23:23
what is the rate range for those short term loans and/or line of credit type loans?
Deborah Campbell
23:26
When you said longer term pay back. Are you talking 24 or more months?
Juliana - Alignable
23:30
We will be answering all your questions during the event. We’ll get to some of your questions via chat and any other questions will be answered live by the panelists. Thank you for your patience.
Deborah Campbell
27:00
Oh, these are all short term
Deborah Campbell
27:28
Is there draw fees?
Rachael Kain
28:44
So it’s not compound interest?
Deborah Campbell
28:55
Can you lend to someone that already has a line of credit or do we have to pay that off first?
Eric Luebanos
29:16
Does it show up on your credit report
Joseph Juska
29:27
When will the commercial for a single company end and a real webinar begin?
Deborah Campbell
29:44
Can you give us an example for a $50,000 loan over 12 months - please include all fees etc.....?
Joseph Juska
30:02
Their rates are horiable and like credit card interest
Joseph Juska
31:41
5% interest for 12 weeks = 21.66% annual interest = credit card artes
Nodella S Jordan
31:48
do you counsel potential customers on whether they need a loan to ensure they can get the most out of that money?
Joseph Juska
32:33
Also with a credit card if I charge the day after billing and get billed 30 days later then have 20 days to pay I can get $1,00 for 7 weeks for free.
Bailey
32:45
If you’d like to apply for a line of credit or term loan with Fundbox, you can use this link. They’ve offered Alignable members $100 off fees: https://www.bit.ly/3CrSXXc
Joseph Juska
33:04
Then if I need another 5 weeks I would pay way less then their fee
Deborah Campbell
33:20
Please go over all the fees, draws fees etc.....
Thomas Cody
33:47
Are loans available for 501 (c) (3)?
Joseph Juska
34:36
Hey everyone is Alignable ever have any worth the time supposed seminars or are all just worthless commercials?
Rick
35:12
How long do your term loans run for?
Joseph Juska
35:43
DC don't hold your beath. They will not tell you all costs up front because that would let you know how more expensive they are than credit cards.
Joseph Juska
36:18
They don't do SBA loans because they charge too much and the SBA will not be party to such a riu=poff
Bailey
37:22
You can also check out the Alignable Small Business Funding Guide for more business funding solutions: https://growyourbusiness.alignable.com/financing/small-business-funding-guide/
dawn bartholomew
37:29
Hey Joseph, you are making more STATEMENTS than you are questions my friend. why don't you say goodbye.
Deborah Campbell
38:46
Are your rates better than paypal loan builder or Idea financial?.....if so please explain all the fees you charge.
Bailey
39:55
Hi Deborah - You can find out more about Fundbox’s fees here: https://www.bit.ly/3CtEji7
dawn bartholomew
39:57
Are there monthly fees besides the overall percentage fee?
Juliana - Alignable
40:36
Fundbox can answer your questions directly via the 800 number listed on this page: https://www.bit.ly/3CrSXXc
Joseph Juska
41:20
How are they better than other guys? They make it easier to take more of your money than the other guys
Jessie Valladares
43:01
Hi guys, I lost Connection and now I cant see all the useful links
Deborah Campbell
43:45
Once you are approved and have a fundbox account, do you have to go through a lending process and questions each time you ask for funds?
Juliana - Alignable
43:54
Hi Jessie, happy to list the links in the chat:
Juliana - Alignable
44:09
Find out about minimum qualifications and how the process works:https://www.bit.ly/3CGtxW1Learn more about Fundbox’s line of credit pricing here:https://www.bit.ly/3CtEji7Explore a wide array of Fundbox’s resources for small businesses here:https://www.bit.ly/3qQ94vy
LaTrell Duncan Fitchett
45:18
LaTrell Fitchetthttp://pushingstem.weebly.comhttp://pushlalapress.comduncanlatrell@yahoo.com202-455-9081
ethan gao
46:18
I am applying but Plaid is not letting me connect my bank which is Independent Financial
ethan gao
46:26
That is where I have my business accounts. What to do in that situation?
Jessie Valladares
48:10
Ethan try using an incognito browser
Sharon Johnson
48:35
Have you seen small boutique consultancies using Fundbox?
Zuheidy Serrano
48:50
Do you have any special funding for new start ups?
Grace Domingo
49:02
Hello, I have to drop off and missed the intro of this call. Is this recorded call be sent out to everyone who registered? Thanks
Deborah Campbell
49:53
Is the rate for a term loan lower than a line of credit?
Juliana - Alignable
49:54
Hi grace, Yes, you will receive a recording to this event in the follow-up email.
Zuheidy Serrano
52:18
What would be the ideal credit score to receive any type of funding?
Bailey
52:22
As we come to the end of this webinar, you can check out the Alignable Small Business Funding Guide for additional financing solutions: https://growyourbusiness.alignable.com/financing/small-business-funding-guide/
Deborah Campbell
52:25
What paperwork is required to get an approval?
Bailey
52:59
If you’d like to ask Fundbox a question directly, you can give them a call using the 800 number found here: https://www.bit.ly/3CrSXXc
Bailey
53:46
If you have additional finance questions, check out the Finance Experts and Advice Group on Alignable: https://www.alignable.com/groups/finance-experts-advice
Bailey
54:35
Hi Brent - You can apply using this link. Fundbox has given Alignable members $100 off fees: https://www.bit.ly/3CrSXXc
Eric Luebanos
54:48
DO YOU REPORT ON THE CREDIT REPORT ONCE APPROVED...DOES IT SHOW UP
Trisha Mendez
55:29
Have you worked with sole proprietor and growing into a corporation?
Sharon Johnson
55:58
Thank you!
Cynthia Miller
56:05
Thanks!!
Connie Christie
56:12
Thank you all! Valuable information.
Cecilia Hodges
56:18
Thank you for this info
Anna Goetz
56:23
Thank you guys, it was very informative.
Thomas Cody
56:29
Thank you.
Chuck
56:31
THANKS, EVERYONE! GREAT QUESTIONS. HAVE A TERRIFIC DAY!
Sanjo Omoniyi
56:40
Thanks for the great advice.
Sylvia Crews
56:43
Hi Everyone from Sylvia Crews LTH Infants and Toddlers sylviacrews.int@gmail.com Thank you