BUSINESS LOANS, USD 50,000 to $10 Million

Lending Area: United States, Canada


UNSECURED, $50,000 TO $5 Million

Lending Area: United States

NO UPFRONT FEES

Business Owners that accept credit cards and/or cash and checks for a service or sales of merchandise, our privately funded unsecured small business loans (also known as merchant cash advances) are a fast and easy alternative to government funding and over 98% of loan requests are approved. Receive working capital for your business; loan funds within 5 business days. Loan proceeds are wire transferred to your business bank account, and funds can be used for any purpose with no cash controls.


ELIGIBLE BUSINESS TYPES
Any type of business that has regular cash flows is considered, such as: automotive repair shops, bars, bowling alleys, cannabis industry, caregiver facilities, clothing retail, computer stores, convenience stores, country stores, dentists, distributors, equipment & tool rental stores, florists, franchises, furniture stores, golf courses, grocery stores, hospitality (hotels, motels, resorts), liquor stores, manufacturers, mattress retail stores, medical offices, restaurants, salons/spas, suppliers, transport companies, travel agencies, vehicle rental companies, etc.



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)



LOAN DETAILS
    • loan type: term loan.
    • loan amount: $50,000 to $5,000,000 (maximum loan 2x the three month average cash flow through business bank account)
    • loan term: from 6 to 60 months
    • prepayment penalty: none
    • funding time: 1 to 5 business days
    • payment plan: daily, weekly, monthly - according to business type



      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

      BUSINESS LOAN REPAYMENT

      Repay your business loan on a payment plan (daily, weekly, or 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.


      Payment is only due when the business is making money

      (e.g. if the 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







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      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.


       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


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      SECURED, $500,000 TO $10MM

      Lending Area: United States, Canada


      NO UPFRONT FEES

      Our asset-based business loans cater to B2B firms (i.e. suppliers, distributors, and manufacturers) with annual revenues from $5MM to $50MM and consistent profitability. Each business is evaluated on its own merit, not on a FICO score. These privately funded business loans are secured with a minimum of $1.5MM in gross collateral (accounts receivable, inventory, machinery, and or equipment) with no cash controls and no contacting customers. Funding can take place within 2 weeks. In the case of a term loan, loan proceeds are wire transferred to your business bank account, and for line-of-credit loans, funds are available as you need them.



      ELIGIBLE BUSINESS TYPES

      B2B firm (i.e. suppliers, distributors, and manufacturers)



        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

      QUALIFYING CRITERIA

      • in business: 36 months
      • annual gross revenue: $5MM+ per year
      • gross collateral: $1.5MM+ (accounts receivable, inventory, machinery, equipment)



      LOAN DETAILS
      • loan type: term loan or line-of-credit (interest only payments)
      • loan amount: $500,000 to $10 million
      • interest rate: 12% to 20% per annum, simple interest
      • origination fee: 3% to 5% of the loan amount, no upfront fees
      • 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) 2016, 2017 Financial Statements
      4) Year-to-Date Financial Statements
      5) Last 6 Months Bank Statements
      6) Last Tax Return

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