Credit Masters Corporation is an alternative business loan lender located in Redwood City, California. Credit Masters operates by connecting businesses to funding that is offered by willing investors and other funding sources in order to provide funding opportunities for businesses who would not qualify for loans from banks. Credit Masters also offers services to help businesses build their credit histories in order to qualify for loans in the future. Consumers that choose Credit Masters should remember that they must have a credit score of 550 or higher.
One of Credit Masters' biggest advantages is that they offer a number of different loans and lines of credit for all types of business purposes. Some of these types of funds include:
Whether a business is just starting, has bad credit, or already has some business collateral, there are a number of different options for each individual circumstance.
Although each different type of loan has a different maximum amount, Credit Masters offers high loan amounts when compared with many of their competitors. They offer maximum amounts of up to $12,000,000. Potential borrowers needing a large loan may find exactly what they are looking for with Credit Masters.
Credit Masters also offers credit building services for businesses who may have poor credit. Their services allow businesses to build credit while gaining small cash flows-an opportunity that most businesses do not offer. For more information, inquiring businesses will need to contact Credit Masters directly by telephone or by their contact page on their website.
Although our team typically tries to provide more background information on the companies it reviews, Credit Masters' website does not offer very much specific information into their history or business credentials. Because of this missing information, potential borrowers should make sure to verify the validity of all their online transactions through their own methods.
The most troubling thing about Credit Masters, as far as we can tell, is their insufficient website. Although Credit Masters attempts to prove that it has an "outstanding reputation" for providing business loans, its website has the opposite effect by making the company appear outdated and unreliable. The site overall is very difficult to sort through due to extremely long paragraphs and a lack of emphasis on specific information.
Along with occasional spelling errors, Credit Masters' website lacks basic functionality expected in current loan lenders today (e.g. loan calculator, online chat tool, etc.). They even lack an online application process, instead offering only a phone number and message service through their website (no email is even listed on the site). In addition to its lack of functionality, there is also a substantial amount of information that is undisclosed through the website, leaving potential borrowers without the necessary information they need to make comparisons with other lenders. Here is a list of some information we would like to see on the Credit Masters' website: