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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The Cash Flow Access Problem
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“So often people are working hard at the wrong thing. working on the right thing is probably more important than working hard." - Caterina Fake, Flickr co-founder
The Cash Flow Access Problem: How to Get Funding for Your LLC (Even With Bad Credit)
Why You’re Getting Declined for Funding (And How to Fix It)
Let’s keep it real: Most small businesses fail NOT because of a bad idea but because they run out of money.
And guess what? It’s not because funding isn’t available. There are millions of dollars sitting there, waiting for business owners—but most people:
🚫 Don’t know where to apply
🚫 Don’t have their business set up the right way
🚫 Get denied by banks and stop trying
🚫 Think bad credit = no funding
Here’s the truth: The money is there. You just need to know how to get it. And that’s exactly what I’m about to break down.
By the time you finish reading this, you’ll know where to find business loans, how to get funding for an LLC, and how to get approved EVEN with bad credit.
💡 Bonus: Stick around, and I’ll even drop my FREE Business Credit Guide so you can start getting money TODAY.
Why Traditional Banks Keep Saying NO to Small Business Loans
Let’s talk about the biggest mistake entrepreneurs make when they need funding: going straight to the bank.
Here’s the reality—banks don’t like small businesses. They love:
✅ Big corporations
✅ Established businesses with perfect credit
✅ Low-risk, high-cash-flow companies
What they don’t love?
❌ Startups looking for their first business loan
❌ LLCs that aren’t set up properly
❌ Entrepreneurs with bad credit
And the worst part? They won’t tell you why you got denied. They just hit you with that generic:
“Unfortunately, we are unable to approve your application at this time.”
Sound familiar? If so, it’s time to stop playing by their rules and start tapping into the funding sources that actually WANT to work with small business owners.
How to Get Business Funding for Your LLC (Even With Bad Credit)
1️⃣ Business Credit: Stop Using Your Personal Credit for Business Loans
🚨 This is where most people mess up.
If you’re using your personal credit card or your own money to fund your business, you’re doing it wrong.
Here’s why:
📉 It lowers your personal credit score
📉 It limits how much funding you can get
📉 It makes lenders see you as high-risk
Solution? Start building business credit.
✅ Get an LLC & EIN (DO NOT use your SSN!)
✅ Open a business bank account
✅ Apply for a DUNS number (FREE with Dun & Bradstreet)
✅ Start with Net 30 vendor accounts (Uline, Quill, Grainger, etc.)
✅ Move up to business credit cards and lines of credit
Once you have a strong business credit profile, you can get funding WITHOUT using your personal credit.
2️⃣ Revenue-Based Loans: Get Approved with NO Credit Check
If your LLC makes at least $10K/month in revenue, you can qualify for revenue-based financing WITHOUT a perfect credit score.
These lenders look at cash flow, not credit.
💰 Revenue-Based Loans
💰 Merchant Cash Advances (MCAs)
💰 Business Lines of Credit
Here’s what you’ll need:
✅ 3-6 months of business bank statements
✅ At least $10K/month in deposits
✅ An active LLC or corporation
If you meet those requirements, you can get funded in 24-48 hours.
3️⃣ SBA Loans for Veterans, Women, and Minority-Owned Businesses
The SBA (Small Business Administration) has some of the best funding programs out there, but most people don’t know how to apply.
Best SBA loan options for small businesses:
🔹 SBA 7(a) Loan – Up to $5M for working capital, expansion, or buying equipment
🔹 SBA 504 Loan – Best for real estate and major purchases
🔹 SBA Microloan – $500 to $50K for startups and small businesses
The SBA doesn’t lend directly, so you’ll need to find an SBA-approved lender.
📌 Pro Tip: If you’re a woman, veteran, or minority business owner, you may qualify for special funding programs with lower interest rates.
4️⃣ Private Lenders & Alternative Funding (Skip the Banks!)
If the banks won’t fund you, go around them.
There are hundreds of private lenders, fintech platforms, and business credit programs designed to help small businesses get money without the headaches of traditional banks.
💰 Business credit cards (0% interest for 6-12 months)
💰 Invoice financing (Turn unpaid invoices into instant cash)
💰 Equipment loans (Buy what you need without upfront costs)
💰 Private investors & venture capital (For high-growth startups)
These options give way more flexibility than bank loans, and many don’t require perfect credit.
How to Apply for Business Loans (Without Getting Denied)
Most people get denied because they apply the wrong way. Follow these steps to boost your approval chances.
✅ Step 1: Check Your Business Credit Profile
Use Nav, CreditSafe, or Experian Business to check your business credit score.
✅ Step 2: Set Up Your LLC Properly
Make sure your:
🔹 LLC name matches your EIN
🔹 Business address is NOT a PO Box
🔹 Business phone number is listed on 411 directories
✅ Step 3: Apply for the RIGHT Funding
Don’t waste time applying for loans you won’t qualify for. Choose the funding option that fits your business:
➡️ $0 Revenue / Startup? Business credit + SBA microloan
➡️ $10K+ Monthly Revenue? Revenue-based loans
➡️ Buying Real Estate or Equipment? SBA 504 loan
➡️ Bad Credit? Business credit + private lenders
Final Thoughts – Get Funded Now
If you’ve been struggling to get funding, you’re not alone. But now you know:
🚀 Banks are NOT your only option
🚀 You CAN get business funding with bad credit
🚀 Business credit + private lenders = game changer
🔗 Want to get funding FAST? Click here to book a FREE funding strategy call: 👉 plan.dominofxgroup.com
💰 Want to build business credit the RIGHT way? Download my 📚FREE Business Credit Guide here: https://financeguide.dominofxgroup.com/
🚀 Let’s get you funded and start scaling your business TODAY.
Resources to Help You Execute:
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: apply for funding today!
Get started https://dominofxgroup.com/get-started
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.
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 Diversely
Subscribe on LinkedIn to stay connected with the best resources to grow your business: https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=718759297885977395
FREE GUIDE: download 12 Credit lines and cards
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.
