Advance Funds Network

Got denied for business funding? Here's the 5-step playbook to get yourself back in shape.

Irving, our Chief Revenue Officer at Advance Funds Network, walks through what to actually do after one:

1️⃣ 🔍 Find out exactly why you were declined. That's the most important step.

2️⃣ 📈 Build up your credit. Pay down credit cards, close out trade lines, or work with a credit repair company.

3️⃣ 💰 Increase your deposits so your bank statements show stronger revenue.

4️⃣ ✨ Clean up any negative days that might be hurting you.

5️⃣ 📱 Build out your online footprint. Instagram, website, the works. If a lender can't find your business online it makes their job harder.

The fastest path back to an approval is usually a 60-to-90-day cleanup of all five. Most denials are reversible.

Doing $20K+ in monthly revenue and ready to take another swing? Comment QUOTE or tap the link in bio for a fresh look at your file.

Advance Funds Network. 18+ years. Over $1B funded. US and Canada.

"If you could get a bank loan without putting up collateral, I'd recommend you go to your local bank."

That's Doug, our Chief Experience Officer, when asked why Advance Funds Network is better than a bank loan. Most lenders won't say that. We do because the truth is most of our customers already tried the bank route. It either took too long or they were unsuccessful, and that's when we come in.

The future of business funding is open banking. Banks compete for your business instead of making you chase them. Advance Funds Network brings a network of banks that actually want to compete on rate and terms.