Mel Feller Shows You How to Obtain a Loan With No Credit by Mel Feller Mel Feller understands very well that a business loan will help you to start or expand your business, but if you do not have credit, it can be hard to get a good loan. Still, there are other options, like using collateral to secure a loan. In some cases, you may not always be able to get as much money as you wanted, or you may have to pay higher interest rates. Still, if you have a good business plan, you may be able to find a lender that is willing to take a chance on your business.

1. Mel FellerShowsYou How to Obtain a Loan WithNo Creditby Mel Feller
Mel Fellerunderstandsverywell that abusinessloanwillhelpyoutostartor expandyourbusiness,but
if you donot have credit,itcan be hard to geta good loan.Still,there are otheroptions,like using
collateral tosecure a loan.Insome cases,you maynot alwaysbe able to getas much moneyasyou
wanted,oryou mayhave to pay higherinterestrates.Still,if youhave agoodbusinessplan,youmaybe
able to finda lenderthatiswillingtotake a chance onyour business.
However,Mel Fellershowshowtostart the loanprocessquicklyandwithoutcreditbydoingthe
following:
First, developarelationshipwithalocal bank.Large national bankstypicallyhave more restrictionsthan
smallerbanksthattake a more personal approach.Openabusinessbankingaccountwithalocal bank
and use youraccount responsibility.Thishelpsyoutobuildyourreputationwiththe bank.
Second,talk toyour bankabout a loan.You wanta loanthat isbackedby the Small Business
Administration –mostbanksprovide these loans.These are lessriskyforthe bankbecause the
governmentwillhelpif youdefaultonthe loan.Show the bankrepresentativehow youcanrepaythe
loanthroughcurrent cash flowforyourbusinessorthroughthe businessexperiencethatyouhave.
Third, offercollateral tosecure the loan.Withoutcredit,abankwill be waryof lendingyoumoney
because theycannotbe sure that you will repaythe loan.If youoffersome type of collateral,suchas
the equipmentyouwillbuywiththe loan,youbecome amore attractive borrower.
Fourth, buildcreditwithabusinesscreditcard.If youare turneddownbythe bankdue to lack of credit,
youmay still qualifyforabusinesscreditcard.The creditlimitonthiswill probablybe lessthanyou
were lookingfor,butitwill helpyoutobuildyourcreditasa business,makingyoueligible forloansin
the future.
Finally,note thatasa lastresort,some companieswillgive youanupfrontcashloanin exchange fora
certainpercentage of yourcreditcard sales.These loanscome withhighinterestratesbutmaywork for
youif youdo nothave other options.
Registeryourbusinesswiththe federalgovernmentinordertogetan EmployerIdentificationNumber.
Thiswill allowyoutobuildcreditasa businessinsteadof relyingonyourpersonal credithistory.

2. ABOUT MEL FELLER
Mel Fellerisacertifiedexecutivecoachandconsultantforleaderswhoneedtoachieve significant
personal andorganizational results.
One of Mel Feller’sexpertise,insightsandengagingstyle helpshisclientsgainwisdomandclarity,which
resultin:
Executiveswholeadmore effectively
Teamsthat seektocommunicate andcollaborate,and
Organizationsthatare alignedwithbusinessstrategy
Mel Fellerhasoverthree decadesof coachingandconsultingexperience indiverse industries,which
providesarich frameworkforhisorganizational insightsandcreative solutions.Ibringsa thoughtful
approach to hiswork,carefullyintegratingbothmycoachingandconsultingskillsandabilities.When
consulting,myfocusison“what youare doing”(i.e.,goal setting,problemsolving,takingactionand
achievingresults).Whencoaching,myfocusison“whoyou are being”(i.e.,how youare leading,
aligningyourvaluesandtappingyourgifts).Asaclient,theybecome more consciouslyaware of how
payingattentionto – and balancingboth – are criticallyimportanttotheirsuccess.
Whenyoucombine Mel Feller’skeeninsightsandengagingstylewithhisin-depthskills,technical
certificationsandbroadindustryexperience,the resultisauniquelyqualifiedexecutive coachand
organizational consultant.
So...whatkindof coach are you?"
I getthis questionalot.Moreover,the answeris…Iam a Life Coach,Executive Coach,CareerCoach,and
BusinessCoach.Icoach teens,businessexecutives,authors,artists,entrepreneurs,retiredseniors,busy
momsand entire organizations.
“Truth telling,honesty,andcandor:IlovedyouMel Feller!Youhave somuch energyandknowledge!I
trulyhope I getanotheropportunitytobe coachedby you.I see myself alittle clearernow,andit’snot
so bad.”
Lisa Mathews
“Mel Felleryouaddedmore value thanwe canpossiblysee rightnow.Mel Feller,youare warm,
inviting,andaccommodating.Thankyouforcomingalongside usinthistransition!”

3. VanessaCavanaugh
“Mel Fellerthe besteducationsessionthatwe have attendedinmanyyears!Thankyousomuch — I am
veryexcitedtoputeverythingyouhave taughtusintopractice!”
Michael Randolph
“Mr. Mel Feller,Thankyou,thankyou,thankyoufor givinga marvelouskeynote atourSymposium!
While we have notyetcollectedthe official feedback,the unofficialfeedbackwas thatYou Were a Hit! I
heardnothingbutcomplimentsregardingyourpresentations.Thankyouformakingsucha positive
impacton our attendees!”
Lyle CunninghamVP
"Mel Felleruseshishumor,compassion,anddirectnature tohelpbringoutthe bestin me.Mel Felleris
committedtohelpingme live...Imean,reallylive,life toitsfullest."
Jose Rodriguez
Mel FellerLinks
https://www.instagram.com/mel.feller
https://ourmrmel.tumblr.com/
https://www.pinterest.com/cfs360/
https://twitter.com/melfeller/following
https://wordpress.com/page/melfellerinternetbusinessinnovations.wordpress.com
https://dribbble.com/melfeller
https://biggerpockets.com/forums/79/topics/49008-larry-goins-bootcamp

4. https://txbusinessdb.com/p/mel-feller
https://xindex.com/c/12031660488/mel-feller-financial-services-group-inc
https://buzzfile.com/business/Coaching-For-Success-940-569-9260
https://melfellerrealestateinnovations.wordpress.com
https://myspace.com/mfcfs360
https://goodreads.com/user/show/86266194-mel-feller
https://mfcfs.contently.com
https://alignable.com/wichita-falls-tx/coaching-for-success-360
https://quora.com/profile/Mel-Feller
https://about.me/melfeller
https://independent.academia.edu/MelFeller
https://medium.com/@mfcfs360
https://melfellerentrepreneurialideas.wordpress.com
https://about.me/melfeller
https://thecoachingoffice.com

5. https://quora.com/profile/Mel-Feller
https://linkedin.com/pulse/reflections-journaling-mel-feller-mel-feller
https://creonline.com/finally-my-first-deal
https://etrainingguide.com
https://reitips.com/open-letter
https://thecoachingoffice.com/testimonials.html
https://fortunebuilders.com/student-success-old/testimonials/page/9
https://agrandpaslove.blogspot.com
https://plus.google.com/u/0
https://youtube.com/channel/UCk_zDXJgadnWwmab0PhaIkQ/videos
https://linkedin.com/in/mel-feller
https://challengesinlife.com
https://melfellersuccessstories.com
https://melfeller.com

6. https://melfellerbusinessblog.com