Our scan shows pre-qualifications for several funding programs. Submitting applications will not create hard credit inquiries. You can receive funding offers for the amount, rate and term. There is no cost to apply and no obligation to accept any offers.
Products
Private Equity
- Must be an incorporated business and be generating $10K in MRR
Credit Union Loans
- These are working capital loans typically funded in days from $5,000 up to $35,000.
- The lenders are local with each lender having their own lending and credit requirements.
- Credit score driven only for approval and can be funded per principal of the business.
- The funds can be used for working capital, inventory, supplies, furniture, and equipment.
- They are relatively easy to obtain when compared to traditional bank business loans.
Revenue Based Loans
- Must average at least $15,000 in gross monthly revenue.
- Need to have been in business for at least 6 months.
- Anyone owning at least 20% with 550+ Fico can sign.
- Funded amount is typically 10% of gross annual revenue.
- 48-72 hour approval in most instances. Funding in 2-3 days.
- Repayment via M-F ACH from business bank account.
- Excludes real estate investment and mortgage companies
Business Credit Cards
- Business credit that start-ups and any owner with good credit can get.
- Business Credit Cards that are not just a personal credit card with business name on it.
- These cards report to the business credit agencies and not on you personally.
- Multiple owners or principles can apply and be approved creating more cashflow.
- $25,000 to $200,000 funding is per owner or principle and not just per the business.
Business Term Loan
- Aggregate totals of $50,000 to $500,000 in Business Term Loans.
- This line of credit comes with low interest rates and generous payback terms.
- There are no restrictions on the cash, so it is available to use in your business.
- During the proposal process credit is not pulled. Only “soft inquiries”.
- Personal credit scores of the business owners need to be at least 680.
Equipment Financing
- Equipment lease financing greatly conserves cash flow.
- Fast approval is usually within 1 to 2 business days.
- Down payment is low typically only 1 or 2 payments upfront.
- Leases under $150k usually do not require financials.
- Lease payments can be 100% tax deductible check with your CPA.
- Equipment does not become obsolete because you don’t own it.
- Provides a huge boost to building business credit scores.
Personal Credit Cards
- A guarantor with 20% or more ownership to have 700+ FICO scores.
- Annual gross personal income must be $75,000 or greater.
- There can be no bankruptcies on the owner’s personal credit reports.
- There can be no judgments, liens or chargeoffs on personal credit reports.
Personal Term Loan
- A guarantor with 20% or more ownership to have 700+ FICO scores.
- Annual gross personal income must be $75,000 or greater.
- There can be no bankruptcies on the owner’s personal credit reports.
- There can be no judgments, liens or chargeoffs on personal credit reports.
Receivable Factoring
- You receive an immediate cash advance when you invoice your customer.
- Quick financing that does NOT require a business plan or tax statements.
- Approval is based on your customer’s credit and not on your credit.
- Frees up Working Capital by not having money tied up in invoices.
- Focuses your resources on other more productive activities such as selling.
- Saves money and time by outsourcing your receivable collections.
SBA Business Loan
- Many of these lines report positively to your business credit profile.
- This line of credit comes with low interest rates and generous payback terms.
- There are no restrictions on the cash, so it is available to use in your business.
- During the proposal process credit is not pulled. Only “soft inquiries” are performed.
- Not credit score driven for approval and are based much more on the business itself.
- No Prepayment Penalties or Balloon Payments – Pay the Loan off anytime.
Business Credit Line
- Quick application and approval process. Revolving lines with cash-out option.
- Multiple Principles or Owners of the company can be funded individually.
- Typical funding results are $25,000 – $200,000 per principle or owner.
- Applicant needs FICO-8 scores of 700 or above with all 3 credit bureaus.
- Applicant’s debt to credit limits need to be under 50% (utilization of revolving debt).
- Applicant must have 3 or less inquiries on each bureau over the past 6 months.
- No bankruptcies, judgments, liens or open collection accounts showing.
Equipment Sale Leaseback
- Get immediate cash by leveraging your Business Equipment.
- The equipment stays on your property for your use.
- You can write off 100% of the monthly payments.
- No restrictions on how the money is used.
- Take idle equity out of equipment and use it for working capital.
Merchant Advance
- Funding is based upon your monthly merchant account receipts.
- Approval within 24 hours and access to cash line in as little as 3 to 4 days.
- No restrictions on how you use the cash, and no closing costs.
- Good personal credit or business credit is NOT required.
- No fixed payment, you pay a little on each new credit card swipe.
- Need to have at least $10,000/month in merchant account receipts.
Personal Line of Credit
- A guarantor with 20% or more ownership to have 700+ FICO scores.
- Annual gross personal income must be $75,000 or greater.
- There can be no bankruptcies on the owner’s personal credit reports.
- There can be no judgments, liens or chargeoffs on personal credit reports.
Truck/Utility Vehicles
- Does NOT need to be a specific-use commercial or utility vehicle.
- There are lenders currently having operating leases in all 50 states.
- The program is available to new businesses with a minimum 640 Fico scores.
- Only uses personal credit for approval but won’t show up as a personal tradeline.
- Lease payments, in many cases, are 100% tax deductible. Discuss with CPA.
- Minimized obsolescence. At the end of the lease options to keep or return it.
Revenue-Based Guidelines
What We Look For
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- MINIUM FICO SCORE OF 500
- MINIMUM MONTHLY REVENUE OF $5,000
- MINIMUM TIME IN BUSINESS OF 6 MONTHS
- Must NOT be in either of the following industries: GAMBLING, BAIL BONDS, CANNABIS, GUN SHOPS, ADULT ENTERTAINMENT, NON-PROFITS
- SAME DAY FUNDS (RECEIVE FUNDS INSTANTLY AFTER APPROVAL)
- LOW CREDIT ACCEPTED (APPROVAL BASED ON REVENUE NOT CREDIT)
- NO COLLATERAL NEEDED (APPLY, SIGN & FUND WITH NO COLLATERAL)
- SLIGHTLY HIGHER COMMISSIONS (UP TO 10% OF THE AMOUNT FUNDED)
- COST OF FUNDS (PAYBACK TERMS ARE HIGHER THAN CREDIT-BASED)
- PAYMENT FREQUENCY (PAYMENTS ARE WITHDRAWN DAILY OR WEEKLY)
- REPAYMENT TERM LENGTH (TERMS ARE USUALLY 6 – 10 MONTHS)
Credit-Based Guidelines
What We Look For
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- MINIMUM FICO SCORE OF 680
- NO OUTSTANDING CHARGE-OFFS
- NO LATE PAYMENTS WITHIN THE PAST 18 MONTHS
- 1 YEAR MINIMUM PRIMARY INDIVIDUAL CREDIT HISTORY
- 4 OR LESS HARD INQUIRES WITHIN THE PAST 6 MONTHS
- NO MORE THAN 20% OF ACCOUNTS CAN BE AUTHORIZED USERS
- NO REVENUE REQUIREMENTS
- NO RESTRICTED INDUSTRIES
- CO-BORROWERS ACCEPTED
- FUNDING RANGE: $1,000 – $250,000
- NO TIME IN BUSINESS REQUIREMENT (GREAT FOR START-UPS)
- NO REVENUE REQUIREMENT (BUSINESS REVENUE DOES NOT MATTER)
- COST OF FUNDS (MOSTLY 0% LINES OF CREDIT)
- NO COLLATERAL NEEDED (APPLY, SIGN & RECEIVE FUNDING WITH NO COLLATERAL)
- REQUIRES GREAT CREDIT (MINIMUM 680 FICO)
- CAPITAL ACCESS (TAKES 7-14 DAYS TO ACCESS CASH)
- SLIGHTLY LOWER COMMISSIONS (UP TO 7.5% OF THE AMOUNT FUNDED)
