Start-Up Funding Options Available
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  1. #1

    Start-Up Funding Options Available

    Hello all - wanted to share the 3 most common ways we help fund start-ups and acquisitions of small businesses:

    1) Unsecured loans. These can go up to 300k on 3, 5 or 7 year terms - rates are fixed about 6% to 12%, on average. There is no down payment or collateral required, also no early pay off penalty. Must have 700+ credit score, or a co-signer with 700+ scores.

    2) Business credit cards. Goes up to 150k with most lenders offering 0% interest for the first 6 to 18 months. There are ways to get cash off the accounts without increasing your interest rate. Must have 700+ credit score, or a co-signer with 700+ scores.

    3) Business directed retirement account (BDRA). Tap into an old retirement account tax and penalty free for the use or starting, growing or purchasing a business.

    I have been assisting start-ups for 7+ years, and am happy to chat with anyone looking for start-up funding, or with clients that may be seeking start-up funding.

    Thanks,

    Sam Tiburzi with Finance Factory. 240-345-3314 | sam@financefactory.com

  2. #2
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    Quote Originally Posted by FinanceFactory View Post
    Hello all - wanted to share the 3 most common ways we help fund start-ups and acquisitions of small businesses:

    1) Unsecured loans. These can go up to 300k on 3, 5 or 7 year terms - rates are fixed about 6% to 12%, on average. There is no down payment or collateral required, also no early pay off penalty. Must have 700+ credit score, or a co-signer with 700+ scores.

    2) Business credit cards. Goes up to 150k with most lenders offering 0% interest for the first 6 to 18 months. There are ways to get cash off the accounts without increasing your interest rate. Must have 700+ credit score, or a co-signer with 700+ scores.

    3) Business directed retirement account (BDRA). Tap into an old retirement account tax and penalty free for the use or starting, growing or purchasing a business.

    I have been assisting start-ups for 7+ years, and am happy to chat with anyone looking for start-up funding, or with clients that may be seeking start-up funding.

    Thanks,

    Sam Tiburzi with Finance Factory. 240-345-3314 | sam@financefactory.com
    is the unsecured loan sba? and your site says max $350k, which is max amount sba for no collateral

  3. #3
    This would not be SBA backed.

    We don't have any options for start-up SBA.

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