Results 1 to 4 of 4
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12-05-2023, 12:18 AM #1
- Join Date
- Nov 2023
- Location
- Miami, FL
- Posts
- 1
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)**
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12-05-2023, 08:13 AM #2
Sounds like Brickell Capital
it's in the wrong place
belongs in promotionsSteve 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.
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12-05-2023, 09:50 AM #3
- Join Date
- Apr 2021
- Posts
- 36
Also sounds like Plexe
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12-05-2023, 02:11 PM #4
sounds like the mf's who keep bonking my deals...
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