New York City

BUSINESS LOANS, from USD 50,000 to $10MM

Lending Area: United States, Canada


UNSECURED (US Only)

$50,000 TO $1 Million - NO UPFRONT FEES

Todai (SG) - Sushi & Seafood Buffet Restaurant

WHO QUALIFIES

- B2C & B2B firms that accept cash, credit cards, or checks for services or sale of merchandise.



FAST & EASY PROCESS

Our privately funded unsecured small business loans are a fast and easy alternative to government funding.


- 1 to 3 days, receive funds for your business

- 98% of loan requests are approved


APPROVAL: same or next day when your application and other required documents are received.

FUNDING: usually same day of your approval, your funds are wire transferred to your business bank account.


 

BUSINESS LOAN BENEFITS

  - No collateral
  - No fixed payments (unless requested)
  - No coupons or checks to write
  - No impact on a business owner's ability

     to qualify for other financing

  - No business use restrictions on the funding

  - No hassles - quick application & fast funding

  - Use the funds for any purpose



QUALIFYING CRITERIA

  • in business: 6 months
  • gross revenue: $25,000+ per month
  • daily cash flows: minimum 10 days/month
  • owner credit score: 500+
(bankruptcy OK, tax liens OK, and bank turn downs)
  • storefront: in a commercial building and or online     (not home-based businesses)


 

ELIGIBLE BUSINESS TYPES

1) B2B firms: suppliers, distributors, & manufacturers

2) Any business that has regular cash flows is considered: 

Automotive repair shops

Bars

Bowling alleys

Cannabis industry

Caregiver facilities

Clothing retail

Computer stores

Convenience stores

Country stores

Dentists

Distributors

Equipment & tool rental

Florists

Franchises

Furniture stores
Golf courses

Grocery stores

Hotels, motels, resorts

Liquor stores

Manufacturers

Mattress retail stores

Medical offices

Restaurants

Salons/spas

Suppliers

Transport companies

Travel agencies

Vehicle rental companies

LOAN OVERVIEW

    • loan type: term loan.
    • loan amount: $50,000 to $1,000,000 (maximum loan 2x the three month average cash flow through business bank account)
    • factor rate (not APR): see bottom of section*
    • loan term: from 6 to 60 months
    • prepayment penalty: none
    • funding time: 1 to 3 business days
    • payment plan: daily, weekly, monthly as a fixed percentage of your bank deposits, which provides you with a repayment structure that coincides with the cash flow of your business.
    • payments only due: when business is making money. If, for example, your business had a fire and was shut down for 2 months, no payments are due and no interest accrues.




      FOR LOAN APPROVAL

      Please Provide: (email here)

      1) Application for funding, completed/signed (request by email)

      2) Last 3 months business credit card statements

      3) Last 3 months business bank statements UNLESS business does NOT except credit cards, then 6 months bank statements are needed

      4) Government issued photo ID

      5) Voided business check






      CANNABIS INDUSTRY BUSINESS

      LOANS AND EQUITY FUNDING

        - Distributors and Growers

        - Edibles

        - Fencing Companies

        - Security Companies

        - Money Transfer

        - Greenhouse Companies

        - Cannabis Medical

        - Retail Dispensaries

        - Seeds and Clones


      Credit Card Processing available upon

      request on a case-by-case basis.




      SHORT TERM LOANS

      6-12 month terms

      Finance Projects That Have an Immediate
      Return on Investment

      • Updating or refreshing locations
      • Inventory deals with a quick turnaround
      • Marketing campaigns
      • Seasonal hiring or inventory
      LONG TERM LOANS

      15-60 month terms

      Fund Larger Projects
      That Pay Back Longer Term

      • Expansion or new locations
      • Large-scale inventory purchases
      • Machinery and Equipment purchases
      • New product development

      --------------------------------------------------------------------------------------------------------------------------------------------------------------


      * FACTOR RATE

      These types of business loans are based on a factor rate, not an APR (annual percentage rate). When you get the quote from the lender you decide if the loan terms make sense for your business situation.


      A factor rate is determined by several factors, including:

      -- How much you need to borrow

      -- How quickly you need to receive financing

      -- Your personal and business credit history

      -- Your time in business and revenues

      -- Whether your need for capital outweighs cost


      From an approval perspective, business financing that uses a factor rate, is easier to qualify for. With this type of financing, your future invoices effectively serve as collateral to secure the loan. A low personal or business credit score or a shorter time in business may not necessarily be an obstacle to getting financing. Getting a more traditional business loan from a bank or through the U.S. SBA (Small Business Administration), on the other hand, will entail meeting more stringent credit, time in business requirements, and you will be required to provide 2 to 3 years of business tax returns depending on your loan size.


      ____________________________________________________________________________________                                          _____________

      SECURED (US or CA)

      $1MM TO $10MM - NO UPFRONT FEES

      BMW Spartanburg Robotic Welding Line

      WHO QUALIFIES

      - B2B firms (i.e. suppliers, distributors, and manufacturers) in business 3 years.

      - Annual gross revenues from USD 5MM to $50MM and consistent profitability

      - Gross collateral (accounts receivable, inventory, machinery, and or equipment) of $1.5MM.



      FAST & EASY PROCESS

      Each business is evaluated on its own merit, not on a FICO score. These privately funded business loans have no cash controls and there is no contacting customers. Funding takes place within 2 weeks. For term loans, loan proceeds are wire transferred to your business bank account, and for line-of-credit loans, funds are available as you need them.


                    TERM LOAN

      • Increase production capacity
      • Purchase machinery or equpment
      • Collateral consists of inventory, machinery, and equipment
      • Seeking consistent payment terms
                  LINE OF CREDIT

      • Require an interest only payment
      • Seeking to improve cash-to-cash cycle
      • Remedy accounts receivable challenges
      • Supplier and customer payment terms do not coincide

      LOAN DETAILS
      • loan type: term loan or line-of-credit (interest only payments)
      • loan amount: $1 million to $10 million
      • interest rate: 12% to 20% per annum, simple interest
      • loan term: 6 to 24 months
      • funding time: usually 2 weeks
      • payment plan: monthly


      FOR LOAN APPROVAL

      Please Provide: (email here)


      1) Accounts Receivable Aging Report
      2) Accounts Payable Report
      3) 2017, 2018 Financial Statements
      4) Year-to-Date Financial Statements
      5) Last 6 Months Bank Statements
      6) Last Tax Return