- NOT A MCA OR DAILY PAYMENT LOAN
- NOT A 6 MONTH OR 12 MONTH TERM
- A 680 CREDIT SCORE IS NEEDED TO QUALIFY - COVID RELATED
- BUSINESS LOANS OVER EXTENDED TERMS UP TO 10 YEARS
- STATED INCOME NO DOC BUSINESS LOANS AVAILABLE
UNSECURED BUSINESS LOANS OR BUSINESS LINES OF CREDIT
Our unsecured business loans or business lines of credit are paid back monthly and amortized up to 10 years to give clients the flexibility of borrowing large amounts of capital and paying it back over an extended term.
They are NOT daily payments loans, MCA loans, or cash advance loans. They are NOT amortized over 6 to 12 months. We provide long term business financing ONLY under the EIN number of the corporation, limited liability company or DBA without affecting the clients personal credit reports and scores.
WHAT MAKES OUR COMPANY DIFFERENT FROM EVERYONE ELSE?
All clients go thru a discovery process with one of our trained staff. The discovery process is where we ask you a series of questions and give you the honest truth about your file. Our staff will figure out all the different financing options for you. Each clients situation is different. Clients are in different industries and have different credit scores, gross sales, revenue and profit margins. They make and show different amounts of income depending on corporate structure, equity and fluctuations in cash flow. Business funding is not a one size fits all model. This is what our trained staff is here to determine. Our capital comes from hundreds of different sources (Banks, wholesalers, crowdfunders, private lenders and investment groups) and they all have different underwriting criteria.
Business owners, Partners, LLC’s and 1099 contractors will not be required to show tax returns, pay stubs or other proof of income for some of our programs. Income is stated and not verified.
Our unsecured business loans create higher cash flow for businesses because they are fixed rate monthly payments not daily payments. Unlike a factoring loan which is paid daily our loans are paid once a month and allow business owners a longer payback term (up to 10 years) so they can use the capital more efficiently. (Credit and state will vary. Call for details)