Credit Suite Reviews: Is It Legit?

Credit Suite is a company that streamlines the credit-building processes by providing business owners with step-by-step guidance and resources to boost their credit scores, helping them find funding, and enabling them to access more opportunities. 

We look more closely at Credit Suite and what user reviews say to help you make an informed decision about them. 

What Is Credit Suite?

Founded in 2014, Credit Suite is a company dedicated to helping entrepreneurs and small businesses navigate cash financing problems. 

How?

Credit Suite offers two main solutions: the Credit Suite Fundability System and its own financial products. 

The Fundability System is a comprehensive software solution designed to guide entrepreneurs and small businesses through the business financing landscape. 

Meanwhile, Credit Suite’s financial products offer funding directly to you.

We’ll cover each of these in length in the sections below. 

How the Credit Suite Fundability Program Works

The Credit Suite Fundability System is a software solution that acts as the backbone of Credit Suite.

The Credit Suite Fundability program works by:

• Helping You Understand Fundability: It’s frustrating when you don’t know why you’re being declined by lenders and vendors. Credit Suite’s Fundability System helps you understand the “why” behind your rejections. Then, it gives you the support needed to address those problems so you can tap into more funding with ease. This bolsters your business credit profile so you can make real strides. 
• Identifying and Connecting You With Lenders and Other Funding Sources: Credit Suite features a comprehensive list of over 1,000 lenders and other credit sources. More than that, they help you find funding that you are already pre-approved for. This makes it easier to access funding, build your business credit score with each major business credit bureau, and establish credit history. They’ll help you find the right financial institution or lender that will say yes. With time, you’ll see a greater credit limit and funding.
• Providing You With Step-by-Step Guidance and Extensive Resources/Support: The Credit Suite team provides you with step-by-step guidance as you work toward building your credit and accessing funding. Their extensive list of resources and customer support makes it easy to learn, grow, and get the help you need as you navigate business financing. Additional features like controlling what data lenders see are an added bonus. Business finance can be complex, but they simplify it.

So, what do users of the Fundability System have to say? Here are a few Credit Suite reviews from clients featured on their website. 

“My name is Junius Bennett. I am the CEO of Nu Life Veterans LLC. My experience with Credit Suite has been amazing… I enrolled into that service in 2021, and they had a straight a suite of advisors to help me get my credit, Fundability, credibility, and everything together. And once I did that, oh man, the sky’s the limit.” - Junius Bennett

“Hi I’m Pam Cappucio with Credit Create. I’m here to tell you I’ve been an entrepreneur since about 1992. And then I thought I was a retired entrepreneur which that was very nice for some time. However,  when the market crashed I needed help… and I became a partner of Credit Suite. Let me tell you that was probably the best thing I ever did because that training is unbelievable. You cannot ask for one more thing. Really I can’t think of one thing that I could ask them to do.” - Pam Cappucio

Credit Suite Financial Products

Credit Line Hybrid

Credit Suite is most known for its Fundability System. However, it has a few financial products worth looking into if you need to fund your business. 

The first is the Credit Line Hybrid. The Credit Line Hybrid is a “no-doc” credit line designed for business owners who have good personal credit but no revenue or time in business. 

The Credit Line Hybrid can get you approved for as much as $150,000. You can also tap into terms like 0% interest for 6 to 18 months. 

It requires no income or assets and no collateral on your part. 

All you have to do is:

• Make Sure You Qualify: You or a credit partner with at least 10% ownership need a 680+ credit score across the three major credit bureaus (personal, not from a business credit report) and two open credit card accounts with two (or more) years of history and at least a $5,000 limit. Good personal financial health is a must. You must also have no history of late payments and charge-offs, under 40% utilization, less than three unsecured accounts opened in the past three months, no more than four inquiries in the past year, and no bankruptcies, collections, leans, or judgments on your credit report. 
• Complete a Consultation: Fill out the form for a consultation.
• Wait for Approval: Wait to see if you pass the credit check and are pre-qualified.
• Meet With Credit Hybrid Line Advisors: Meet with advisors to discuss funding terms.
• Get Your Funding: Get the cash infusion your business needs. 

Cash Flow Financing

Cash Flow financing is an effective way for those with business revenue but below-average credit to get the funding they need. 

This can be common for businesses that are off the ground but unable to secure funding. It’s also why your personal credit score is often crucial to business credit.

Credit Suite can help you find the right business loan options with ease. You simply tell them your business information (credit score, business revenue, acceptable collateral). Then, they’ll work with you to identify viable funding sources. 

If you’re looking to learn more about business funding sources for your business and qualification requirements, take a look at their comprehensive resource on small business loans. They’ll help you learn more about business credit cards, credit union loan options, and beyond.

How Quickly Can Credit Suite Help You Get Financing?

Credit Suite can help you build credit almost immediately. However, it’s a process that comes in stages. 

The first thing that you’ll be able to qualify for right away is vendor credit. Vendor credit is easily accessible and will help you start building business credit. 

After 60 to 90 days of utilizing business credit and making on-time payments, you can move on to store credit. This store credit can be accessed without a personal credit check or guarantee. 

By six months, you should be able to get $50,000 in credit from Visa and MasterCard accounts. Then, you can expect to tap into $100,000 or more within a year or two. 

Credit Suite facilitates this progress, allowing you to reach all of the above goals. As long as you stick to their guidance, you can get financing quite rapidly!

Who Is a Good Fit for Credit Suite (And Who Isn't)

It’s important to know if Credit Suite is right for you before you sign up. 

Credit Suite is an excellent resource for business owners wanting to build business credit seamlessly. 

It’s designed for those who may not know what to do or what to look for. Perhaps you can’t find the right business credit builder loan or companies that help build business credit. 

In this case, Credit Suite is a company that will help you tap into funding faster. It gives you the step-by-step support you need to see real results. Most business credit builders may not offer that. 

Who isn’t it for? Credit Suite is not the best fit for those who haven’t seriously established their business yet. 

The Fundability System will cost you $497/month for eight months or $2,997 all at once. If you’re not committed to your business or have yet to fully form it, that’s a lot of money to dedicate to building business credit. 

You don’t want to go into debt and sacrifice financial stability before you get started.

If you’re a serious business owner who needs help with funding and building credit, Credit Suite is for you. If you’ve yet to fully dedicate yourself to your business or credit monitoring and building, it’s best to wait until the need arises. 

Build Business Credit with eCredable

As stated above, a vendor tradeline is an excellent way to build credit. 

Here at eCredable, that’s just what we help you do. 

We report our subscriptions as a tradeline to the top three major business credit bureaus: Dun & Bradstreet, Equifax Business, and Experian Business. Then, we report your third-party bills to Equifax Business. 

These additional trade lines help you establish payment history and build your credit score faster. 

You can choose between the following business credit builder options:

• Business Lift: This subscription offers all of the above with a low $19.95 monthly payment. 
• Business Lift+: Get business credit-building support and additional financial insights at just $39.95 a month. 

Ready to boost your business credit and improve your funding opportunities? Get started with an eCredable Business subscription today!