Business Funding
What is Business Funding?
Business funding refers to the process of acquiring financial resources to start, grow or maintain a business. It involves securing the necessary capital to cover the expenses associated with running a business, such as purchasing equipment, hiring employees, marketing, and other operational costs. There are various sources of business funding, including personal savings, loans, grants, and investments from individuals or institutions. The type of funding a business pursues depends on its stage of development, industry, goals, and financial situation.
The great thing about being able to work with us for business funding needs is that we have personal relationships with some of these institutions and know exactly what they are looking for. As long as you as you meet the requirements then there shouldn’t be any problems on why you shouldn’t be approved for the type of funding you need to grow your business. Fill out the form below to see if you qualify. If you don’t qualify then you can you can utilized our other services to help you get to the point where you can qualify.
Business Funding Qualification
• 700+ Fico Score
• No late payments
• 3-5 open primary accounts
• 3-5 years of average age of credit history
•$2.5K or higher personal credit card for comparable credit
• Over all utilization under 30%
• Each card under 30% utilization
• Business must be 3 months old
Less that 4 inquiries per bureau
• $10 Million Max Funded Amount • 1 – 2 Year Terms
• Approved Amount Based on Cash Flow
• Rates Starting at 15% – Up to 24 Month Terms
• Subordinate 2nd Lien Behind Senior Lender
• No Collateral coverage, No equity, No warrants, & No covenants
• 1 Year Time in Business
• 600+ FICO
• $1 Million in Annual Sales
• $10 Million Max Funded Amount
• 1 – 2 Year Terms
• Weekly/Monthly Payments
• No Prepayment Penalty
• Refinance up to 2 Loans
• Could Report to Business Credit
• 2 Years Time in Business
• 600+ FICO
• $500,000 Annual Sales or $40,000
Deposited Monthly
• Business Bank Account
• $750,000 Max Line of Credit
• Approved Amount Based on Cash Flow
• Same Day Funding Available
• Only Pay for What You Use
• Weekly/Monthly Payments
• True Revolver; Each Payment Frees Up
Additional Available Funds
• 1 Year Time in Business
• 600+ FICO
• $500,000 Annual Sales or $40,000
Deposited Monthly
• Business Bank Account
• $10 Million Max Funded Amount
• Approved Amount Based on Cash Flow
• Same Day Funding Available
• 6 – 24 Month Terms Available
• Daily/Weekly/Monthly Payments
• Early Payoff Discounts Available
• 1 Year Time in Business
• No Minimum FICO
• $500,000 Annual Sales or $40,000
Deposited Monthly
• Business Bank Account
• $5 Million Max Funded Amount
• Approvals: 1-5 Days, Funding 4-10 Weeks
• SBA 7a: 10 Year Term SBA 504: 25 Year Term
• Rate: Prime + 1% – 2.75%
• Monthly Payments
• No Prepayment Penalty
• Reports to Business Credit Bureaus
• 2 Years Time in Business
• 660+ FICO
• $40,000 Deposited Monthly in Business Bank
Account or $500,000 Annual Sales
• No BKs/Liens/Foreclosures in Last 3 Years
• $5 Million Max Funded Amount
• 1 – 5 Year Terms
• Rates Start at 7%
• 100% Financing Available
• Purchase & Leasing Options
• Vender & Private Sales
• 1 Year Time in Business
• 550+ FICO
• Business Bank Account Required
• Invoice Required
• Facility Size: $100,000 – $100,000,000
• Revolving Line of Credit
• Line of Credit Amount Fluctuates as
outstanding A/R Fluctuates
• Rates Starting at Prime + 2%
• Up 95% Financing of Current A/R
• 7+ Days Application to Funding
• 1 Year Time in Business
• No Minimum FICO
• $1 Million in Annual Sales
• $250,000+ in A/R on Short Terms
• Facility Size $100,000 – $10,000,000
• Revolving Line of Credit
• Line of Credit Amount Fluctuates as
Inventory Fluctuates (up and down)
• Rates Starting at Prime + 2%
• Up to 85% Financing of Inventory
Liquidation Value
• 7+ Days Application to Funding
• 1 Year Time in Business
• No Minimum FICO
• $1 Million in Annual Sales
• $1 Million in Current Inventory