Frequently Asked Questions
#dominofxgroup #abillioninfunding
Have a question about DominoFX Group, our loans, or our programs? Take a look at our most frequently asked questions.
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.
DominoFX Group
What is DominoFX Group
DominoFX Group is a minority-led small business online lender marketplace with a fully online application process offering a wide array of loan products. DominoFX Group partners with the best in non-bank financing, private capital and various state banks to administer programs using our technology enabled platform and team of experienced banking professionals.
Is DominoFX Group a bank?
No. DominoFX Group is an online lender marketplace, but not a bank. By definition, banks take deposits and keep them in accounts for customers. We partner with banks, CDFIs and private capital and other trusted, reputable lenders.
Where is DominoFX Group headquartered?
DominoFX Group is headquartered in Northern California, but has partnerships in multiple states, working with small businesses nationwide and building an entrepreneurship school in every state.
What are the Qualifications for a Business Loan?
Qualifications differ depending on the lender, so there's no simple answer.
When you apply with us, our team navigates a diverse lender marketplace to match you with the right lender for your business.
Whether you have challenged or perfect credit, our team will find you the right lender or program. We pull in the right lending partners for each client to provide them with with the best options they qualify for.
What can I expect when I apply for a loan?
Our online application requests information about you, your business, and your business's finances. It then asks you to upload official documents that support the information you provided. In order for us to provide you with the best options available to you as well as staying compliant with laws and lenders, we review these documents and perform verification on your identity and finances.
How quickly your application proceeds depends on the type of loan, how quickly you provide additional information, and other factors which vary on each business owner's need and unique situation.
We have guides, videos, and resources to help you every step of the way. Please visit https://www.dominofxgroup.com/blog.
How do I get an update on my loan application?
Visit dominofxgroup.com or login to your back portal, depending on the program you are in. If you prefer to talk to a persn, we want to speak to you! Please call us at the phone numbers on our Contact Us page.
Does DominoFX Group run my Credit?
Our in-house underwriting team does soft credit pulls. From there, we can understand which lenders will approve you.
We do this through our lender matching technology and, of course, our team of expert Business Finance Advisors.
A majority of the lenders on our platform will also do soft credit pulls. If you are going to get a hard inquiry when you want to accept your offer, we'll let you know upfront immediately.
What is the Interest Rate on a business loan from DominoFX Group?
The rates can change depending on the different lending products. At banks, interest rates are generally the prime rate +2%, but strict qualifications restrict many businesses from reaching an approval that aligns with their business goals.
We offer SBA loans, equipment financing, business term loans, lines of credit, inventory financing, A/R financing, and asset-based lending. All these products come with different rates, and they all change constantly.
For equipment and SBA funding, interest rates are in teh single digits (6-8% range)
A/R and asset-based lending come with single digit interest rates if you have high-quality receivables or collateral.
If you don't have B2B receivables or collateral, rates are around 1% per month and will increase from there. This equates to 10-18% annually.
We have all the lenders, banks and investors in one place. We look to get you the best deal and get you the most competitive interest rate for whatever you're looking to accomplish.
Do you have options to Build Business Credit?
ABSOLUTELY! Business Credit is a beast and a game changer that can help you start when you have challenged personal credit, no collateral or cash flow. OR if you're an established business looking to boost the value of your business, offset your business expenses by 50-90%, separate your business from your personal liability and provide more flexibility in your cash flow.
We've helped hundreds of businesses build their business credit. Schedule your FREE Funding Planning Assessment today. We'll look at your business' foundational aspects and
make sure they're done the right way, that gives you the biggest chance of getting approved for credit, financing AND being able to get it at the best terms.
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Stop Waiting, Start Owning: What It Really Takes to Build and Fund Your Business
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“I don't look to jump over 7-foot bars - I look for 1-foot bars that I can step over." - Warren Buffett, Berkshire Hathaway Chairman and CEO
Become a MEMBER, Join today and unlock amazing benefits through The CEO Creative, one of the top tier-1 net 30 vendors for building business credit.
For Women, Veterans, and Underrepresented Entrepreneurs—Ownership Isn’t a Dream; It’s a Strategy.
Let’s have a real conversation about what it takes to be a business owner in today’s world—especially if you’re a woman, veteran, or come from an underrepresented group. It’s not about inspiration or vision boards. It’s about execution, preparation, and a relentless commitment to ownership.
👉Here’s the truth: the world isn’t conspiring against you. Yes, there are systemic barriers, but focusing on what you can’t control won’t get you funded. You need a plan. You need knowledge. And most importantly, you need to stop waiting for someone to hand you an opportunity. Ownership isn’t just a title; it’s a mindset.
What It Really Takes to Get Funded 🏢
Financing isn’t about luck. 🍀 Lenders don’t care about your feelings or how hard you’ve worked. They care about the numbers. So, here’s what you need to focus on:
Structure Your Business Properly:
Get your LLC. Open a business checking account. 💳 Separate your personal and business finances because comingling funds is a red flag to underwriters. 🚩Clean Up Your Credit:
If your personal credit isn’t where it needs to be, fix it. 🛠️ Stop applying randomly online—you’re just hurting yourself. Pause, strategize, and work on your credit score or revenue documentation.Understand the Game:
Learn what lenders are looking for—annual revenue, time in business, and credit score. If you don’t have one of these, figure out how to leverage the others. No one is going to do this work for you.Establish Business Credit
If you have no cash flow, credit or collateral then I highly suggest you start with business credit. You can get financing under your EIN, separate your liability and qualify for better rates, terms and higher approvals. Excellent for startups and seasoned businesses. The biggest companies in the world have business credit including Facebook and Walmart.
I built DFX to bridge the gap for women, veterans, and other entrepreneurs who are ready to own their futures. 🌟 Our platform combines financial literacy with access to lenders who actually understand the needs of underrepresented businesses. But access alone isn’t enough—you need to show up prepared and I'm going to help you do that.
The True Meaning of Ownership
Ownership is about control. 🕹️ It’s about making decisions for your business that don’t involve draining your personal savings 💸 or begging for a lifeline. If you’re serious about growing, you need to think beyond today.
That means leveraging long-term financing options like SBA loans, business credit, or revenue-based funding.
It’s also about responsibility. If you don’t understand the basics of business finances, now is the time to learn. 📚 Start with the free resources on my YouTube channel, where I break down funding strategies step-by-step.
No More Excuses
Stop whining about what you don’t have. ❌ The resources are there. The information is available.
The question is: are you willing to do the work?
You don’t have to do this alone. 🤝 At DFX, we’re here to guide you. Whether it’s financial literacy through The Domino Effect or referral funding within our network, we’re providing the tools you need to succeed. But it’s up to you to take the first step.
Ready to Start? 💸
Comment “OWN” on our latest blog or DM me on Instagram if you’re serious about building your business. 💬 Need a deeper dive? Check out our YouTube videos here or subscribe to this newsletter for more actionable advice. 📨
Ownership isn’t a maybe. It’s a must. So, what are you waiting for? 🚀
Resources to Help You Execute:
Here is a quick checklist to get you started. Remember imperfect action beats inaction, get started, stay consistent and let's Build! 🚀
🔍Watch our YouTube Channel
The Domino Effect - to LEARN⬇️🧏♀️ FREE COURSES & Trainings 🧠
How to get money💰 to grow your business👩🏻💻 Financing for Diverse Entrepreneurs
📚Claim Your Business Credit Building Guide: https://financeguide.dominofxgroup.com/
Subscribe on LinkedIn to stay connected with the best resources to grow your business: https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=718759297885977395
Registered for our Monthly Masterclass: "Let's Get You Funded" ~ Limited Spots!
Ready to Level Up? Join The Domino Effect Club! 🎉
DFX isn’t just about loans—it’s about creating a roadmap for entrepreneurs to thrive. Join The Domino Effect Club for access to free monthly masterclasses, pitch events, live coaching, and funding blueprints tailored to your needs. We have exclusive giveaways, challenges, and a community of like-minded founders who are here to support your journey.
Let’s get you funded, connected, and growing.
For Women & Veterans🪖
For my fellow veteran entrepreneurs, you have unique resources at your disposal to fund, grow, and scale your businesses. Here are a few to look into:
DFX: a financial literacy and referral platform helping diverse entrepreneurs establish a credible foundation. Then matches those Founders to Funders, even if denied by traditional banks. Get started https://dominofxgroup.com/get-started
How We Help: DFX simplifies the SBA loan process, ensuring you meet eligibility requirements and connect with the right lender for your business’s needs. Whether you’re looking for working capital or long-term financing, we’ll help you every step of the way.
· Services
Experience. Over 100 years professional lending experience
Resources. Access to hundreds of private (non-bank lenders)
Response. Experience underwriting team. Streamline system with In-depth analysts and advisors.
Target Focus. No two loans are the same, and no two lenders have the same lending policy. We know where to go and what they want to see in the loan package.
· Schedule Your 📲 Funding Planning Session: https://plan.dominofxgroup.com
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.
