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DominoFX Group is a unique technology-enabled platform servicing underrepresented small businesses. We combine the speed and convenience of technology, the knowledge and guidance of responsible lending, and the investment capital of strategic lending partners, private capital and banks.

We address the most common and pervasive needs of these communities: lack of information on where to access funding outside of their bank, lack of investor/banking relationships, fewer resources for collateral in distressed neighborhoods, risk of falling victim to predatory loans, missed opportunities and wasted time -We provide the solution through our platform.

DominoFX Group works with its sister organization, The Domino Effect, to connect Founders to Funders with technical assistance, business courses, business advisors, and access to other programs and services.

FREE COURSES & TRAININGS on our YouTube Channel

📚READ THE BLOG

Get educated and learn the strategies that speed up the way you access capital for your business.

Getting funded is about more than just the money, it's about mindset. So often, the challenges and ways to overcoming those, are left out of the conversation. The only way forward is to acknowledge what's wrong and dive in on fixing those errors.

Start grabbing the steps to stop limiting beliefs and start opening up possibilities. We help you go from frustrated to funded — even when the bank says no.

Whether you're just starting or have been denied by a bank, we help you:

✅ Understand what lenders actually need through personalized financial literacy and coaching.

💡 Use our smart analyzer to get matched with funding options that fit your business stage.

🧠 Fix what’s broken — from your business credit to your documentation — with expert support

.💵 Access real capital through our network of private lenders and funding partners.📈 Build toward long-term bankability so you can graduate back to traditional lenders.


You don’t have to guess or go it alone. We give you the roadmap, the tools, and the money.

OUR EXPERTISE

Dedicated to Finding You The Best Funding

Get the expert guidance you need to find the best funding option for your growing business. Let’s create the perfect funding plan to get your business the money it needs to grow!

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How to Qualify for a Business Loan (Without Wasting Time or Getting Denied!)

June 08, 20254 min read

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If you’ve ever spent hours applying for a business loan only to get ghosted — no callback, no money, no explanation — trust me, you’re not alone. Most women, moms, and minority entrepreneurs I work with have been there.

At DominoFX Group, we help you stop wasting time and start getting YESes from the right lenders. In this post, I’m breaking down the real reason business loans get denied, what lenders are actually looking for, and how to qualify for a business loan the smart way.

📌 Want a full checklist to follow? Download it from our blog here »
📅 Ready for real help? Book your FREE strategy session now »
🎥 Prefer video? Watch this episode on our YouTube Channel »

funding session, get a loan

Why Getting Approved for a Business Loan Actually Matters

Getting a loan isn’t just about getting a check — it’s about creating options:
✅ Hiring help
✅ Scaling your product or service
✅ Finally investing in marketing
✅ Paying yourself and building a real business legacy

But what stops most people?

❌ Applying for the wrong type of funding

❌ Using personal credit instead of business credit

❌ Not looking fundable on paper

❌ No revenue documentation

❌ No business credit history

The truth is: if your business isn’t set up properly, you’ll keep getting denied — even if your idea is genius.

Step 1: Pick the Right Type of Business Loan

Different funding types are meant for different stages. Knowing the difference can save you time, stress, and inquiries on your credit.

Here’s a breakdown:

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📝 Read more on this in our article: What Business Loan is Right for Me?

Step 2: Make Sure Your Business is “Lender-Ready”

This is one of the most overlooked parts of qualifying for business credit or loans. Lenders check to see if you’re legit — even before pulling your credit report.

Here’s your “fundable profile” checklist:

  • ✔️ Registered LLC or Corporation (no sole proprietors)

  • ✔️ EIN from the IRS

  • ✔️ Business checking account

  • ✔️ Business phone number (not your cell)

  • ✔️ Website and professional email (no Gmail)

  • ✔️ DUNS number

This is foundational. No matter what type of loan you’re applying for, this stuff must be in place first.

👉🏾 Need help with setup? Book a call with our team » 888-488-4145

Step 3: Build Business Credit (The Right Way)

One of the fastest ways to qualify for a business loan — without relying on your personal credit — is to start building business credit with your EIN.

Here’s how you do it:

  1. Open net-30 accounts with vendors that report to business bureaus. Start with:

    • Uline

    • Quill

    • Grainger

    • Nav

  2. Pay on time (or early)

  3. Build at least 3-5 tradelines that report to:

    • Dun & Bradstreet

    • Experian Business

    • Equifax Business

Once your profile is established, you can access $50K+ in business credit — often with no personal guarantee.

📚 We break this all down in our article: Best Business Credit Cards with EIN Only

Step 4: Know Your Numbers

You don’t need perfect credit to get funding. But lenders will want to see that your business is financially stable.

What they look at:

  • Revenue (typically $5K/month or more)

  • Profit margins

  • Debt-to-income ratio

  • Average daily bank balance

  • 3–6 months of consistent income

  • No overdrafts

You also want to track your business credit score through Nav or CreditSignal — just like you do with your personal credit.

💡 If your revenue is up but cash flow is tight, SCHEDULE your FREE Funding Session to get your Current Blueprint.

Step 5: Gather the Right Documents

Once you’ve built your profile and know your numbers, get your documents ready to go. When lenders ask, you want to move fast — because real opportunities don’t wait.

Have this ready:

  • EIN letter

  • Articles of incorporation

    loan documents
  • Business license

  • 3–6 months of bank statements

  • Voided business check

  • Profit & loss statement

🚀 This is how you get funded in under 30 days.

What’s Next?

✅ Set your business up the right way
💳 Start building business credit today
🧾 Get your documents in order
📅 Book your FREE 1:1 funding strategy session here »
🎥 Subscribe to our YouTube channel for weekly videos and real talk on getting funded

funding session, get a loan

💬 Final Thoughts

Funding is the key to freedom. But only if you know how to get it.

We’re here to help you go from frustrated to funded — whether you’re a new entrepreneur, mompreneur, or veteran in business.

🧠 Want to go deeper?

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Testimonials

Real results from business owners just like you

Cheryl Reisner, a former bank lender from Shreveport, Louisiana. The suite’s business credit building process unlocked more funding options than she ever imagined, opening up new possibilities for her business. Cheryl believes every business owner can benefit from the Business Finance Suite, as it revolutionizes how they operate.

Louis, a Miami-based business owner found success using the Business Finance Suite, which helped establish a business credit profile. This enabled them to apply for funding without using their Social Security number, eliminating personal liability for credit applications. The speaker highly recommends this program to fellow business owners.

Edward from El Paso, Texas, struggled to secure funding for his small businesses until discovering the Business Finance Suite. Within a month, the suite helped set up his business correctly, establish trade lines and revolving credit, and now he’s on track to receive funding. Edward guarantees it’s worth the investment and only wishes he’d found it sooner.

Brian praises the Business Credit and Funding Suite for its exceptional service and support. Within 3 to 4 months, he was able to secure $50,000 in funding for his business and plans to refer more clients, grateful for the help he received.

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