Results 1 to 11 of 11
Threaded View
-
10-25-2015, 01:35 PM #1
Reputation points: 10
- Join Date
- Oct 2015
- Location
- Ohio
- Posts
- 5
Unsecured Business Loans
Qualifying Requirements
$14k or more in monthly business bank deposits
Less than 500 credit scores okay
2nd position deals okay in many cases – call for details
7 or fewer NSFs and negative balance days are needed
Min 8 + deposits / transactions per month
Nearly any industry is okay
Most lien situations are okay
Typical approvals are 30% to 40% of monthly deposits 4
month turn available vs 3 month with the competition
Time in business: 3 months minimum
Ownership: 50%
Collection can be either ACH (5 day per week), Lockbox, or split if with a
compatible processor.
Initial docs needed for offer: 4 months bank, 4 months cc, and any completed and
signed app.
Daily ACH
Starts at 27%
Caps at 39% Very High Risk Option
Loan capped at 250K
Contact Lisa
Similar Threads
-
%100 Unsecured loans Cash tomorrow!!!
By GETCASHNOW in forum PromotionsReplies: 1Last Post: 01-07-2015, 04:51 PM -
Partner opportunity: Small business loans with no minimum revenue / time in business
By LM SBL in forum Deal BinReplies: 2Last Post: 12-03-2014, 11:07 AM -
Interest paid on an Unsecured Business Loan is an ordinary business expense...
By SBF in forum Business LoansReplies: 6Last Post: 05-29-2014, 07:52 PM