Business Line of Credit - Unsecured up to $250,000 | ISO Agreement Available
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  1. #1
    Noob Reputation points: 10
    Join Date
    Nov 2023
    Location
    Miami, FL
    Posts
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    Business Line of Credit - Unsecured up to $250,000 | ISO Agreement Available

    High commission split! In addition to providing additional working capital, we will consolidate up to 2 Merchant Cash Advances - Check guidelines below

    Contact:
    Shickell Laidley
    s-dl@altfinadvisor.com
    +1 786-769-7605
    www.altfinadvisor.com

    How to Submit a Business Line of Credit Application:

    Complete Business Line of Credit Application
    Provide the last 3 Months of Business Bank Statements
    Provide a Clear Copy of the Driver’s License
    *
    Line of Credit Amount, Terms and Interest Rate
    Up to $250,000
    6 or 12 Month Term (Revolving)

    Interest Rate:
    6 month term starts at 8.99% or 1.5% monthly
    12 month term starts at 17.99% or 1.5% monthly

    No pre-payment penalties
    Only pay interest for the months that you use
    No fees to keep the line open
    Automatic Line Increases
    *
    Minimum Guidelines:

    Time in Business – 1 Year (*Transportation & Construction - 2 Years)
    Minimum Annual Sales *$360,000 or $30,000 per month (Transportation Industry 2 Million | Construction Industry 1 million)
    Minimum FICO - NONE*(check DISQUALIFIERS in lieu)**
    Minimum Bank Statement Ending Balance $2,500

    DISQUALIFIERS. (Automatic Decline)*
    Bankruptcy
    Overdrafts and NSF's in last 12 months
    Defaults
    Debt Consolidation/ Renegotiated payments
    Unpaid Collections/Charge Offs
    Foreclosures
    Judgements over $2,000
    Tax Liens

    Consolidation*- Merchant Cash Advance*Cash advance refinance
    Maximum 2 cash advance positions; (no missed payments, no renegotiated payments and no reverse consolidation; need a minimum of 8 weeks seasoning or track record for any recent cash advance funding)

    Request for additional funding – maximum 1 cash advance position; client must qualify for double the amount of the existing debt. example: a $50,000 existing balance requires a minimum $100,000 approval

    RESTRICTED INDUSTRIES
    Non-Profit Companies, Used Auto Dealerships, Real Estate Investors, Lenders and Financial Institutions, Check Cashing, Adult Entertainment, Residential Property Rentals, Firearms, Gambling, Marijuana

    RESTRICTED STATES (Primary LOC only)
    North Dakota, South Dakota, Nevada, Tennessee, Hawaii, Puerto Rico, New York, California
    Secondary LOC **(New York , California & Tennessee can get funded through secondary loc)**

  2. #2
    Senior Member Reputation points: 72398 Olderguy's Avatar
    Join Date
    Sep 2021
    Location
    Irvine, CA
    Posts
    2,244

    Sounds like Brickell Capital
    it's in the wrong place
    belongs in promotions
    Steve Benjamin
    Professional Business Loans

    522 Contessa
    Irvine, CA 92620
    steveprobiz@gmail.com
    https://probizloans.net/
    Broker, Underwriter, general business loan expert
    949.228.1050


    @ 24 hour funding working capital loans
    @ Term loans from 3 years to 10 years at 9.5% and up
    @ Equipment financing up to 7 years
    @ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
    @ SBA loans - 7A and 504.
    @ Private money equity and debt for major investments
    @ Personal Loans up to gross income from personal tax return.

  3. #3
    Also sounds like Plexe

  4. #4
    Senior Member Reputation points: 16767 fundinggrasshopper's Avatar
    Join Date
    Jun 2022
    Location
    NYC
    Posts
    197

    sounds like the mf's who keep bonking my deals...

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