FAQ — Entrepreneur Funding SPE Program

Question 1

Who qualifies for the SPE program?

Accepted Answer

Almost anyone can qualify. The SPE program was specifically designed for entrepreneurs who have been turned away by traditional lenders. You do not need an existing business, revenue, operating history, or strong personal credit. Startups, existing businesses, franchise buyers, and entrepreneurs with poor or no credit history are all eligible.

Question 2

Do I need good credit to qualify?

Accepted Answer

No. Personal credit is not a barrier to enrollment. The SPE program builds a fundable business entity with its own credit profile — separate from your personal credit. Many of our most successful graduates had poor or no personal credit when they enrolled.

Question 3

Do I need an existing business?

Accepted Answer

No. The program is open to startups with no existing business. In fact, the free fundable corporation we provide through the grant program is the business entity you will use to access funding. You do not need to have anything in place before enrolling.

Question 4

Can I qualify if I have had a bankruptcy?

Accepted Answer

Yes. A prior bankruptcy does not automatically disqualify you. The SPE program builds a new, separate business entity with its own credit profile. Your personal financial history does not determine the fundability of the corporation we establish for you.

Question 5

Is there an age or residency requirement?

Accepted Answer

You must be at least 18 years old and a U.S. resident. The program is available to entrepreneurs in all 50 states.

Question 6

What exactly is the "free fundable corporation"?

Accepted Answer

Through our 501(c)(3) grant program, we provide you with a fully formed business corporation at no cost. This includes the legal entity formation, EIN (Employer Identification Number), a registered business address, and the foundational credit profile structure needed to access up to $250,000 in business funding. This is not a shelf company — it is a new entity built specifically for your funding goals.

Question 7

Why is the corporation free?

Accepted Answer

Entrepreneur Funding is a federally recognized 501(c)(3) non-profit organization. Our mission is to close the capital gap for entrepreneurs. The free corporation is made possible through our grant program, which is funded through our non-profit operations — not through fees charged to you.

Question 8

Who owns the corporation?

Accepted Answer

You do. The corporation is formed in your name and for your benefit. Entrepreneur Funding has no ownership stake in your business. Once the entity is established and funded, it is entirely yours to operate.

Question 9

How long does it take to set up the corporation?

Accepted Answer

The free fundable corporation is established within 7 days of enrollment. This includes entity formation, EIN issuance, and business address setup. The funding phase begins immediately after the corporation is in place.

Question 10

How much funding can I access?

Accepted Answer

The SPE program is designed to provide access to up to $250,000 in business capital. The exact amount depends on the funding sources activated during the program, but $250,000 is the target and the basis of our written guarantee.

Question 11

How does the 30-day funding timeline work?

Accepted Answer

The timeline begins at enrollment. Days 1–7 are dedicated to establishing your free fundable corporation. Days 8–30 are the active funding phase, during which we work to activate the credit lines and capital sources that make up the $250,000. Most graduates receive their full funding within 30 days of enrollment.

Question 12

What type of funding is this — loans, grants, or credit lines?

Accepted Answer

The $250,000 is primarily structured as business credit lines — revolving credit facilities issued to your new corporation. These are not personal loans and do not appear on your personal credit report. They are business-to-business credit instruments tied to the fundable entity we establish for you.

Question 13

Will this affect my personal credit score?

Accepted Answer

No. The funding is issued to your business entity, not to you personally. There is no personal guarantee required, and the credit lines do not appear on your personal credit report. Your personal credit score is not impacted.

Question 14

What exactly does the written guarantee cover?

Accepted Answer

If you follow the SPE program as outlined and do not receive $250,000 in funding within the program timeline, your deposit is returned to you in full. The guarantee is issued in writing at the time of enrollment — it is a binding commitment, not a marketing claim.

Question 15

What does "follow the program" mean?

Accepted Answer

Following the program means completing the steps outlined in your enrollment agreement: providing accurate information, responding to specialist requests in a timely manner, and not taking actions that would undermine the fundability of your new corporation (such as opening personal credit accounts during the funding phase). The specific requirements are detailed in your written guarantee at enrollment.

Question 16

Is the guarantee really in writing?

Accepted Answer

Yes. The guarantee is a written document issued to you at enrollment. It specifies the funding target, the timeline, the conditions, and the refund terms. You receive it before any money changes hands.

Question 17

How is the deposit refunded if the guarantee is triggered?

Accepted Answer

If the guarantee conditions are met and funding is not achieved, your deposit is refunded via the same payment method used at enrollment. Refunds are processed within the timeframe specified in your guarantee document.

Question 18

Is there a deposit required to enroll?

Accepted Answer

Yes. There is a program deposit required at enrollment. This deposit is fully refundable under the terms of the written guarantee if the program does not deliver the promised funding. The deposit covers the cost of establishing your free corporation and activating the funding process.

Question 19

Are there any other fees?

Accepted Answer

The program deposit is the primary cost. There are no hidden fees, monthly charges, or ongoing costs associated with the SPE program itself. Once your corporation is funded, you manage it independently.

Question 20

Why is a deposit required if the corporation is free?

Accepted Answer

The free corporation is provided through our grant program — that cost is covered by Entrepreneur Funding. The deposit covers the operational costs of the funding activation process: the specialist time, the credit-building steps, and the coordination required to access $250,000 in capital within 30 days. It is fully refundable if the program does not deliver.

Frequently Asked Questions

Who Can Qualify?

No More Questions.
Just Funding.

Frequently Asked Questions

Who Can Qualify?

No More Questions.Just Funding.

No More Questions.
Just Funding.