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10-19-2016, 06:23 PM #2
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- Join Date
- Apr 2016
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Our lending program is a NATIONWIDE platform with loan amounts ranging from $15,000 - $1,000,000. Financing can be achieved in as little as 48-hours, provided the level of comfort is there with the request.
Note the following criteria's:
Time in business > 2-years
Business must be generating at least $1M annually (we will lend up to 10% of gross sales)
Borrower's FICO must be over 620
(No Construction, Adult Entertainment, Dispensaries) - deal must make sense!
Terms: 1-4 Year (Daily, Weekly and Monthly)
Rates: 10% - 30%+
Points: 1-5 points (Broker)
For $150,000- ---> 12 Month banks, Application (Your application is fine)
For $150,000 + --> Application, 12 months banks, 2014/2015 Tax Return, YTD Financials, Debt Schedule. note* requests over $200,000 require real estate: (mortgage statement, tax bill, deed or most recent property valuation (BPO/Appraisal).
There are other docs we'll need but with these documents I will have a decision within 24-48 hours.
Let me know if I can be of assistance.
Sean
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