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  1. #1

    Startup business

    Does anyone know if you can get money for a startup business?

  2. #2
    Senior Member Reputation points: 3217 CO1's Avatar
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    They have to have at least 1 month of processing statements and 1 month bank.

  3. #3
    Yes, you can get money for new businesses. There are, however, financial requirements for some of them.

    Some ways to obtain funds for these new businesses are through bank loans, line of credit financing, cash advances, business credit cards, angel investments, loans from friends and family, grants, microloans, private lenders and alternative business lending.

    Other ways are to look into state and local funding, especially for minority businesses.

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    Veteran Reputation points: 135672 Chambo's Avatar
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    Quote Originally Posted by SmallBusinessAdviser View Post
    Yes, you can get money for new businesses. There are, however, financial requirements for some of them.

    Some ways to obtain funds for these new businesses are through bank loans, line of credit financing, cash advances, business credit cards, angel investments, loans from friends and family, grants, microloans, private lenders and alternative business lending.

    Other ways are to look into state and local funding, especially for minority businesses.
    Is this dude for real?

  5. #5
    There are a few companies out there that will do Business Start Up Loans, But you have to have a strong FICO score, min of 710 to even get started.
    Last edited by admin; 02-02-2014 at 10:20 AM. Reason: link removed

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    Quote Originally Posted by Chambo View Post
    Is this dude for real?
    He cut and pasted from Wikipedia.

  7. #7
    You can get start up loans for businesses but you need a strong personal credit score minimum of 710.
    Last edited by admin; 12-01-2013 at 12:06 AM. Reason: link removed. too many links posted.

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    Merchant Cash Advance

    Quote Originally Posted by Sycf View Post
    Does anyone know if you can get money for a startup business?
    You can contact merchant funders which provide money to funding industry. However, they may not give to new businessmen.In that case, You can contact banks for loan.

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    Senior Member Reputation points: 3217 CO1's Avatar
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    i MENTIONED THIS TWICE
    Last edited by CO1; 01-30-2014 at 12:44 PM.

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    startup funders

    I have someone looking for 1.8 mill. Has 736 dick and his own medical biz that clears 400k/yr

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    Senior Member Reputation points: 325 Ryan Shiroky's Avatar
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    Quote Originally Posted by AMERICApital1 View Post
    I have someone looking for 1.8 mill. Has 736 dick and his own medical biz that clears 400k/yr
    736 dick?

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    A forum user Reputation points: 2147483647 Sean Cash's Avatar
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    Quote Originally Posted by Ryan Shiroky View Post
    736 dick?
    lol what was that supposed to be?

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    There may be a significant number of variables and an equal number of good options. How about shooting me your contact information and we can discuss the deal further?
    Bob Shaw
    rshaw@advancecredit.com
    734.929.3800

  14. #14
    We specialize in medical accounts receivable financing and provide much better terms than the standard cash advance product. Please feel free to reach out.
    Ben Rutkevitz
    Alleon Healthcare Capital
    benr@alleoncapital.com
    (201) 340-6346
    http://www.alleonhealthcare.com/

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    Quote Originally Posted by Sycf View Post
    Does anyone know if you can get money for a startup business?


    I have a client that gets money for start ups, but there is a process;

    Criteria

    -700 -720+ Credit
    If credit is lower, they will restore it to that amount. They achieve results quickly, within 30 - 45 days, but there is a cost.

    -Incorporated (C or S status only, no LLCs), they can incorporate you
    but there is a cost.

    -25% or less debt to credit ratio.
    If you have $10,000 in available credit, no more than $2500 can be
    used. They can provide trade lines also.

    -No more than a few inquiries in last 30 -60 days
    They can remove them as well, there is a cost.


    Basically, with a clean file, the cost is minimal.

    PM me for a contact, he doesn't want random calls.

  16. #16
    I have live Transfer calls coming into our floor for business start up loans
    looking to find a source to take these
    contact me 954-376-6800
    Mark

  17. #17

    How to get money for business start up.

    Whenever anyone think of starting a business big problem is that of money. Initially what it seems that it is impossible, but absloutely not. If you follow following steps it may be easier for you:

    1. Initially you should start your business as part time without leaving your job.
    2. You should deal every commitment from your home. If you can do part time job you can do it as it will help you financially.
    3. Whatever your savings be it should be depsited in bank.
    4. You can also apply for micro loans. These loans are small loans and can be procured from community sources like online lenders and peer lending groups.
    5. Crowdfunding is also the best way to meet your needs.
    6. You can also apply for business loans rather than home equity loans.
    7. You can also look for angel capital groups.

    Don't forget the saying "WHERE THERE IS A WILL, THERE IS A WAY"

    Good Luck.

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    We deal with startups all the time.
    Depending on their business we can finance their future accounts receivable or construct an ABL. In some cases we can supply pre-revenue working capital and fixed asset financing.
    Thanks, Bob
    rshaw@advancecredit.com
    734.929.3800

  19. #19
    Senior Member Reputation points: 325 Ryan Shiroky's Avatar
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    lol "763 dick"

    that damn autocorrect...

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    Startup business

    lmfao......damn auto correct!

  21. #21
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    Startup business

    got another biz w 2 months cc and back stmnts. only wants 10k and qualifies. found someone to do an mca but only for 4k...anyone out there? NO BROKERS.

  22. #22
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    Startup business

    it is a jewelry store, owner has 30yrs experience successfully co - owning 2 jewelry does in the past. I did his past does cc processing was doing 50 to 60k avg and holidays 6 figures just in cc sales alone.

  23. #23
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    We deal with 90% start up's. We look for:

    My ideal customer is:
    -Looking for over 20k (20-200k)
    -Has, or says they have, good to fair credit 620+ (I can work with all credit ranges if I have too, if they want the big money they need 700+ credit and hopefully some existing trade-lines)

    Most of the people we talk to are starting businesses or trying to flip RE etc. Based on their situation we help them obtain multiple credit lines that will work with their situation. We prefer good credit but have a no upfront/out of pocket fee credit repair service that can help those we cant help today.

    If you have leads that fit this criteria, I would be interested in talking with you.

    Thomas Dionne
    www.fundinghelp.com
    (904) 416-1109

  24. #24
    We work with 150 start-ups a month. With good credit (700 or better) we can get up to 150k in business credit cards or personal loans/lines of credit. No upfront fees to your clients and good commissions to you.

    Call or email me for more information.

    Sam Tiburzi
    sam@financestore.com
    240-345-3314

  25. #25
    We provide lines of credit and medical AR Factoring facilities for start up medical practices. To alleviate the start up risk we will sometimes ramp up the advance rate, starting at a conservative amount before getting to our normal 75%-80%.
    Ben Rutkevitz
    Alleon Healthcare Capital
    benr@alleoncapital.com
    (201) 340-6346
    http://www.alleonhealthcare.com/



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