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Check Out Our Fundation Group LLC Recession Funding Review and Make Your Best Business Financing Decision Today

Will Our Fundation Group LLC Recession Funding Review Help Satisfy Your Need for Business Funding? We Put It to the Test

Fundation Group LLC is one of many lending companies online. They provide term loans and lines of credit. Foundation confirmed the information we found about them online. We look at the specifics and drill down into the details. So check out our Fundation Group LLC recession funding review.

Fundation Group LLC Recession Funding Review: Background

Fundation Group LLC is located online here: http://www.fundation.com/. Their physical address is located in Reston, VA. Plus you can call them at: (888) 390-0064. So their contact page is here: https://fundation.com/about/.

Their capital base has come from Goldman Sachs; Garrison Investment Group; and Midcap Financial, LLC.

Fundation Group LLC Recession Funding Review: Term Loans

Funding as soon as one business day. Up to $500,000 is available; terms go up to 4 years. Payments are twice per month. No specific collateral is needed. They want a personal guarantee. Fundation will take out a UCC-1 blanket lien for most borrowers.

They do not seem to have a time in business requirement anymore. Fundation also does not seem to have an annual revenue or personal credit requirement anymore.

Fundation Group LLC Recession Funding Review: Fees

Rates are risk-based; the higher the risk, the higher the rate.

Interest rates are not listed; they will be determined based on several factors. There are no prepayment fees.

Cost of Loans

Several factors are considered when Fundation decides on the cost of a loan. These factors include time in business and seasonality. They also include financial metrics. So these metrics include profit margin and amount of debt.

Fundation Group LLC Recession Funding Review: Lines of Credit

Up to  $150,000 is available. The new balance after each draw is amortized in equal installments over 18 months. Payments are monthly. No specific collateral is needed. They want a personal guarantee. Fundation will take out a UCC-1 blanket lien for most borrowers.

They do not seem to have a time in business requirement anymore. Fundation also does not seem to have an annual revenue or personal credit requirement anymore.

Fundation Group LLC Recession Funding Review: Fees

There are no prepayment fees. Just pay the outstanding balance plus accrued interest if you prepay
your loan or line of credit.

Keep your business protected with our professional business credit monitoring. It’s a worthwhile investment, saving you money even during a recession.

Fundation Group LLC Recession Funding Review: Advantages

Advantages include no apparent time in business requirement. Their maximum loan amount is fairly high.

Fundation Group LLC Recession Funding Review: Disadvantages

Disadvantages are they want personal guarantees for pretty much everything and will take out a UCC blanket lien.

A Fantastic Alternative – Establishing Business Credit

Business credit is credit in a small business’s name. It doesn’t attach to an owner’s individual credit, not even when the owner is a sole proprietor and the solitary employee of the small business.

As such, a business owner’s business and individual credit scores can be very different.

The Advantages

Because business credit is distinct from personal, it helps to protect a small business owner’s personal assets, in case of a lawsuit or business bankruptcy.

Also, with two distinct credit scores, a small business owner can get two different cards from the same merchant. This effectively doubles buying power.

Another benefit is that even startup ventures can do this. Visiting a bank for a business loan can be a formula for disappointment. But building small business credit, when done right, is a plan for success.

Personal credit scores depend upon payments but also other factors like credit utilization percentages.

But for small business credit, the scores actually only depend on whether a business pays its invoices punctually.

The Process

Establishing company credit is a process, and it does not occur without effort. A company has to actively work to establish company credit.

However, it can be done readily and quickly, and it is much quicker than establishing consumer credit scores.

Vendors are a big aspect of this process.

Performing the steps out of sequence will cause repetitive denials. Nobody can start at the top with small business credit. For example, you can’t start with retail or cash credit from your bank. If you do, you’ll get a rejection 100% of the time.

Business Fundability

A company must be fundable to credit issuers and vendors.

For that reason, a company will need a professional-looking web site and e-mail address. And it needs to have site hosting from a company like GoDaddy.

And, company phone and fax numbers must have a listing on ListYourself.net.

In addition, the company telephone number should be toll-free (800 exchange or the equivalent).

A small business will also need a bank account devoted strictly to it, and it needs to have all of the licenses essential for operation.

Licenses

These licenses all must be in the perfect, appropriate name of the company. And they must have the same business address and phone numbers.

So keep in mind, that this means not just state licenses, but potentially also city licenses.

Keep your business protected with our professional business credit monitoring. It’s a worthwhile investment, saving you money even during a recession.

Dealing with the Internal Revenue Service

Visit the IRS web site and acquire an EIN for the small business. They’re totally free. Select a business entity such as corporation, LLC, etc.

A company can get started as a sole proprietor. But they will most likely wish to switch to a kind of corporation or an LLC.

This is in order to minimize risk. And it will make best use of tax benefits.

A business entity will matter when it pertains to tax obligations and liability in case of litigation. A sole proprietorship means the business owner is it when it comes to liability and taxes. No one else is responsible.

Sole Proprietors Take Note

If you operate a company as a sole proprietor, then at least be sure to file for a DBA. This is ‘doing business as’ status.

If you do not, then your personal name is the same as the small business name. Therefore, you can end up being directly responsible for all small business debts.

Plus, according to the Internal Revenue Service, by having this arrangement there is a 1 in 7 probability of an IRS audit. There is a 1 in 50 probability for corporations! Prevent confusion and noticeably reduce the chances of an IRS audit at the same time.

Setting off the Business Credit Reporting Process

Begin at the D&B web site and obtain a totally free D-U-N-S number. A D-U-N-S number is how D&B gets a business into their system, to produce a PAYDEX score. If there is no D-U-N-S number, then there is no record and no PAYDEX score.

Once in D&B’s system, search Equifax and Experian’s websites for the company. You can do this at www.creditsuite.com/reports. If there is a record with them, check it for accuracy and completeness. If there are no records with them, go to the next step in the process.

By doing this, Experian and Equifax will have something to report on.

Vendor Credit

First you must build trade lines that report. This is also referred to as vendor credit. Then you’ll have an established credit profile, and you’ll get a business credit score.

And with an established business credit profile and score you can begin to get retail and cash credit.

These sorts of accounts have the tendency to be for the things bought all the time, like marketing materials, shipping boxes, outdoor work wear, ink and toner, and office furniture.

But first off, what is trade credit? These trade lines are credit issuers who will give you initial credit when you have none now. Terms are often Net 30, rather than revolving.

So, if you get approval for $1,000 in vendor credit and use all of it, you must pay that money back in a set term, such as within 30 days on a Net 30 account.

Keep your business protected with our professional business credit monitoring. It’s a worthwhile investment, saving you money even during a recession.

Retail Credit

Once there are 3 or more vendor trade accounts reporting to at least one of the CRAs, then move onto retail credit. These are companies like Office Depot and Staples.

Just use your SSN and date of birth on these applications for verification purposes. For credit checks and guarantees, use the business’s EIN on these credit applications.

Fleet Credit

Are there more accounts reporting? Then move to fleet credit. These are companies like BP and Conoco. Use this credit to buy fuel, and to fix and maintain vehicles. Just use your SSN and date of birth on these applications for verification purposes. For credit checks and guarantees, make sure to apply using the company’s EIN.

Cash Credit

Have you been sensibly handling the credit you’ve up to this point? Then progress to more universal cash credit. These are companies such as Visa and MasterCard. Just use your SSN and date of birth on these applications for verification purposes. For credit checks and guarantees, use your EIN instead.

These are frequently MasterCard credit cards. If you have more trade accounts reporting, then these are doable.

Fundation Group LLC Recession Funding Credit SuiteMonitor Your Business Credit

Know what is happening with your credit. Make certain it is being reported and deal with any mistakes ASAP. Get in the practice of taking a look at credit reports. Dig into the particulars, not just the scores.

We can help you monitor business credit at Experian and D&B for 90% less.

Update Your Data

Update the details if there are inaccuracies or the details is incomplete.

Fix Your Business Credit

So, what’s all this monitoring for? It’s to contest any mistakes in your records. Mistakes in your credit report(s) can be corrected. But the CRAs normally want you to dispute in a particular way.

Disputes

Disputing credit report errors typically means you send a paper letter with duplicates of any proofs of payment with it. These are documents like receipts and cancelled checks. Never send the originals. Always send copies and retain the original copies.

Fixing credit report inaccuracies also means you precisely itemize any charges you contest. Make your dispute letter as understandable as possible. Be specific about the issues with your report. Use certified mail so that you will have proof that you sent in your dispute.

A Word about Building Business Credit

Always use credit responsibly! Don’t borrow beyond what you can pay off. Track balances and deadlines for repayments. Paying punctually and fully will do more to boost business credit scores than pretty much anything else.

Building business credit pays. Great business credit scores help a business get loans. Your credit issuer knows the business can pay its financial obligations. They know the company is bona fide.

The business’s EIN attaches to high scores and loan providers won’t feel the need to demand a personal guarantee.

Business credit is an asset which can help your business for years to come. Learn more here and get started toward growing company credit.

Fundation Group LLC Recession Funding Review: Upshot

A company needing higher amounts will likely do better with Fundation. But there are negatives.

Entrepreneurs will find they have to give up a personal guarantee and, on top of that, have a UCC blanket lien held by Fundation. A company that fails and ends up going out of business could be particularly harsh for an entrepreneur – so companies which are unsure of the chances of their success would do well to seek out other types of funding, where they either hand over a personal guarantee or a UCC blanket lien but not both.

And finally, as with every other lending program, whether online or offline, always remember to read the fine print and do the math. Go over the details with a fine-toothed comb, and decide whether this option will be good for you and your company. In addition, consider alternative financing options that go beyond lending, including building business credit, in order to best decide how to get the money you need to help your business grow.

The post Check Out Our Fundation Group LLC Recession Funding Review and Make Your Best Business Financing Decision Today appeared first on Credit Suite.

Do High DA Backlinks From Blog Comments Help Rankings?

If you have ever left a comment on NeilPatel.com, you’ll notice that there is no URL field.

Why?

Well, a few years ago, blog commenting exploded. I was literally getting thousands of spam comments a day from people just leaving a comment for the purpose of link building instead of providing value to the community.

Sure, there are spam plugins like Akismet, but it doesn’t catch everything.

Now, most blog comments contain the nofollow attribute in which they tell Google not to follow the link or drive any “SEO value” to that URL.

But still, people still leave blog comments for the purpose of link building.

So, over the past 7 months, I’ve been running an interesting experiment to answer the age-old question…

Do backlinks from blog comments actually help rankings?

Experiment rules

First off, for this experiment, we used “domain score,” which is similar to domain authority.

If you want to know your domain score, the backlinks report in Ubersuggest will tell you what it is.

With this experiment, I sent out an email to a part of my list looking for participants and had 794 websites apply.

From there, I set the following criteria:

  1. English-only sites – It’s easier to rank on many of Google’s international search engines even without building links. I removed non-English speaking sites as I didn’t want to skew the results.
  2. Low-authority sites – I removed any website with a domain score greater than 20 and any site with more than 20 backlinks. The reason being is when a site has a lot of authority, they tend to rank easily for new keywords, even if they don’t build any new links.
  3. No subdomains – I didn’t want a WordPress.com site, a Blogspot site, or even a Tumblr site. Again, this would skew the results so I removed them.

After eliminating the sites that didn’t meet the above criteria, I was left with 314 sites.

Of those 314 sites, many dropped off because they didn’t complete the required work on their part (which was to write a blog post), so I was left with 183 sites at the end that participated.

How the experiment worked

Similar to my previous link building experiment and my on-page SEO experiment,  I had these websites write a 1,800 to 2,000-word blog post on whatever subject that was relevant to their site.

The websites had 2 weeks to publish their content and then after 30 days, I looked up their URL in Ubersuggest to see how many keywords each URL ranked for in the top 100 spots, top 50, spots, and top 10 spots.

As I have mentioned in the past, Ubersuggest has a big database of keywords. We are currently tracking 1,459,103,429 keywords.

Now, most of these keywords are barely searched but a decent amount of them get hundreds, if not thousands, of searches per month. A much smaller percentage of keywords generate hundreds of thousands or even millions of searches per month.

In other words, the majority of the keywords people are searching for are long-tail phrases.

We then spent a month building links and then waited another 3 months to see what happened to each site’s rankings.

But here’s the thing: We didn’t build the same type of links to all sites. Instead, we broke the 183 sites into 4 groups (roughly 46 sites per group).

Here were the groups:

  1. Control – we didn’t build any links to these sites, we just wanted to see what happened to their rankings over time with no focus on link building.
  2. Nofollow high domain score blog comment links – with this group, we built 10 links through blog comments. The links pointed to the newly written post and they were from blogs that had a domain score of 50 or higher and they all contained a nofollow attribute.
  3. Dofollow high domain score blog comment links – with this group, we built 5 links through blog comments. The links pointed to the new post and were dofollow from blogs with a domain score of 40 or higher. (I reduced the domain score criteria for this category and the link quantity as we struggled to find a large number of high authority blogs that pass link juice in the comment section.)
  4. Dofollow low domain score blog comment links – with this group, we built 10 links through blog comments. Each link pointed back to the article and it was from a blog that contains a domain score of at least 20 but no higher than 39. (I was able to build more links here as there are many more low domain score blogs than high domain score ones.)

Keep in mind with the link building for groups 2, 3 and 4,
there was no specific anchor text agenda. Because the links were built through
blog comments, it was too hard to control the anchor text as we didn’t want to
be spammy.

And each comment left on the blog contained at least 75
words as we wanted to ensure that each comment provided value and the core
purpose wasn’t just link building.

Alright, so let’s dive into the results.

Control group

Do you really need links to rank on Google? Well, the chart below says a lot…

As you can see over time, you will naturally grow your search rankings even if you don’t build any links.

Of course, if your content is amazing and you do on-page SEO, you’ll rank higher, but still not growing your link count doesn’t mean you will rank for anything out there… instead, you will still rank for long-tail terms that aren’t too competitive.

Nofollow high domain score blog comment links

Now the results from this group were interesting…

As you can see, the sites in this group had better results than the control group even though the links were nofollowed.

Keep in mind, though, that it could be many variables that caused this, such as the content quality may have been better.

Overall, the sites did perform better than the control group but not by a substantial amount.

Dofollow high domain score blog comment links

Google is sophisticated, they are able to know if a link is from user-generated content (such as blog comments), so I assumed even though the links where dofollow they still wouldn’t have much (if any) impact.

But, shockingly, sites in this group had the largest gains.

As you can see from the chart above, links from high authority sites, even if it is through user-generated content, help with rankings. They just have to be dofollow.

Dofollow low domain score blog comment links

With this last group, we were able to build more dofollow links because we focused on sites with lower authority.

And as you can see from the chart above, it did help with rankings more than building nofollow links but it didn’t help nearly as much as getting links from blogs with higher domain scores.

We built 10 links instead of 5, but the quantity didn’t help
as much as having high domain score links. This group increased their rankings
by 337% versus 828% that group 3 experienced even though they had half the
links.

Again, we still saw gains, just not as large as the previous group.

Conclusion

Who would have thought that building links through blog
comments still helps?

Now, if you are going to use this tactic, you’ll want to focus on blogs that have dofollow comments.

If you aren’t sure how to find them, you can perform a Google search for the following:

  • “title=”CommentLuv Enabled”” KEYPHRASE – this will showcase blogs that have CommentLuv enabled which means they pass link juice.
  • “dofollow blogs” – you find a lot of blog articles listing out blogs that have dofollow links. Some of them look like this but you will have to double-check each site as many are nofollow even though bloggers claim they are dofollow.
  • Followlist – this is a directory of blogs that have dofollow links.

When building links, focus on higher domain scores as it has a bigger impact on rankings.

In addition to that, you’ll only want to leave a comment if you can provide value. Don’t stress the anchor text, focus on the quality of your comment as you don’t want to be a spammer.

Posting spammy links will just cause your comment to be
removed.

Lastly, don’t just leave a valuable comment for the sake of generating a link. Make sure it is on relevant blogs as well. And if that means the blog doesn’t have as high of a domain score that’s fine because the data above shows that even low domain score links still help (just not as much).

So, have you thought about leaving more comments on other blogs? It’s a great way to get your brand out there, generate referral traffic, and boost your rankings.

The post Do High DA Backlinks From Blog Comments Help Rankings? appeared first on Neil Patel.

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