Our Financing Solutions:
REVENUE-BASED FINANCING
Funding from $5,000 – 5M with weekly,bi-weekly, and monthly payment options and up to 36-month terms!
- Funds available within 24 hours of completed application
- Unsecured loan, no collateral needed
- Credit scores lower than 500 accepted.
- 3-36 month terms
- Weekly payment options available
- No restriction of industries if it makes sense, we will fund it!
A Revenue-based Financing is a quick and effective way to obtain financing when you need to borrow money for a specific investment in your business, such as starting a new project, expanding, large purchases, business cash-flow, emergency situations, and marketing.
Unlike traditional financing we work with all types of credit! Our revenue based loans do not require copious amounts of financial documents such as P&LS, personal & business tax returns, etc. Unlike a traditional bank we can have funds deposited into your business account within 24hrs! While bank and credit unions usual turnaround times are between 3-6 weeks.
A Revenue based Loan can also be extremely helpful in a situation where a capital infusion is needed immediately. Such as emergency situations or slow months in a seasonal business.
- 6 months in business or longer
- 3 business bank statements and a 1-page application
- Minimum 10k average in monthly deposits/revenue
LINE OF CREDIT
Line amounts up to 500k with weekly or monthly payment options and up to 24 month terms. Rates decrease and funding amounts increase based upon good payment history. Rates start as low as 1% monthly and are fully amortized!
- Lifetime approval
- Use it when you need it
- Fully amortized
- Weekly / Monthly payments available
- 6-24 month terms
- Good payment history could lower your interest rate and increase your funding amounts
A business line of credit can be a valuable tool for a business owner to make sure they have access to resources they require to meet day-to-day financial obligations or to fulfill other short-term financial needs. It is a great tool to have in your back pocket. You never know when you may run into a rainy day or a great opportunity!
HOW DOES IT WORK?
One of the best features about our line of credit is that once you’re approved you are approved for life. There is no need to reapply for a capital, you just simply draw from your LOC as needed. You can use it tomorrow or 6 months from now! The line of credit is fully amortized, meaning you only pay interest on the amount of time the balance is outstanding. For example, if you use $10,000 and pay it back in a month then you only pay interest for 1 month, if you use $10,000 for 12 months than you only pay interest on 12 months.
- 1 year in business or longer
- Minimum 600 credit score
- Must have 3 months business banking statements (cannot be personal statements)
- Minimum 20k average in monthly deposits/revenue
EQUIPMENT FINANCING
Up to 6-year terms (72 months), rates starting as low as 6% APR, and monthly payments!
- Rates starting as low as 6%
- Monthly payments
- Fully amortized
- 36–72-month 3–6-year terms
Equipment financing refers to a loan used to purchase business-related equipment, such as a restaurant oven, a vehicle, or a copier scanner. Equipment loans provide for periodic payments that include interest and principal over a fixed term. These loans are secured by placing a lien on the equipment as a guarantee.
- 2 year’s time in business or longer
- 625 Credit score
- 1 page application and 3 months banking statements if the amount is 149k or lower
- 1-2 year personal and or business tax returns if the amount is 150k or more in funds