Review of First Round of Business Funding Service
I am happy to report that I received credit approvals from four credit card companies after application submission during my first round of funding with Fund & Grow (F&G). It would have been helpful if F&G was able to make me aware of a few things during the process though: 1) One of the credit card companies requested a "clean" copy of my EIN letter for verification purposes because the initial letter had print marks of hole punch marks since the letter was initially hole punched for storage in my binder. It would have been helpful for F&G to be aware of the required print quality prior to uploading for the credit card company's verification since this could have potentially resulted in my application being denied, but thankfully it was addressed soon enough when I spoke to the credit card company. 2) F&G moved forward in assisting me with a credit application even though I didn't meet the threshold requirement of having my business bank account opened for a minimum of 60 days. Due to this, my credit application was denied, and instead I reapplied by submitting an application in person with a banker for reconsideration. This resulted in taking extra time for me to receive all of my credit approvals when this delay could have been avoided if I went forward with applying in person from the start.