Peter J. Burns III, founder of Burns Funding, is highlighting innovative solutions to help aspiring entrepreneurs secure funding, even in challenging credit markets. Burns, a veteran entrepreneur with a track record of creating over 200 businesses, is calling for greater awareness around alternative funding methods to bridge the gap for individuals struggling to obtain traditional financing.
“The current funding landscape is tough, especially for unsecured credit,” says Burns. “But instead of turning people away, we’re finding creative ways to make funding accessible, regardless of their financial background.”
Burns Funding recently introduced a multi-layered approach combining credit card cash conversion, seasoned shelf corporations, and proprietary methodologies like the Burns Funding Method. Together, these tools have unlocked over $1.15 million in fresh capital for five clients in just a few days. These strategies allow borrowers to leverage untapped resources without impacting their personal credit.
Statistics show that only about 10% of applicants in Burns Funding’s pipeline meet traditional funding criteria, such as a FICO score of 700+ or household income of $100,000. “The reality is most aspiring entrepreneurs don’t check all the boxes for unsecured capital,” Burns explains. “With innovations like shelf corporations and cash conversions, we’re helping them achieve their goals.”
Burns shares examples, including a truck driver who secured over $200,000 in capital to purchase commercial property. By leveraging his credit card’s unused balance to acquire a shelf corporation, he obtained funding without personal liability. Similarly, another client, an aspiring entrepreneur with strong credit but low income, used the same methodology to launch his startup.
“The beauty of this approach is its flexibility,” Burns says. “It’s non-recourse, doesn’t affect personal credit, and is tailored to the client’s goals. We’ve created opportunities for people who thought funding was out of reach.”
Burns emphasizes that education is crucial for long-term success. “Accessing funds is only the beginning,” he says. “We must empower entrepreneurs to manage their finances wisely, understand debt, and plan for sustainability.”
Through Burns Funding, Burns aims to continue creating opportunities for underserved entrepreneurs. “This isn’t just about funding; it’s about leveling the playing field and making entrepreneurial dreams a reality,” Burns says.
For more information on Burns Funding’s innovative solutions, visit www.burnsfunding.com
About Peter J. Burns III
Peter J. Burns III is a serial entrepreneur with nearly five decades of experience founding, scaling, and mentoring over 200 businesses across diverse industries. As the founder of Burns Funding, he specializes in innovative financial solutions for entrepreneurs, particularly those navigating funding challenges. Burns is passionate about empowering others through education, mentorship, and strategic support, advocating for financial literacy as a cornerstone of entrepreneurial success. Based in La Jolla, California, he remains committed to creating opportunities for aspiring business owners worldwide.
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Contact Person: Peter J. Burns III
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City: La Jolla
State: California
Country: United States
Website: peterjburnsiii.com
