Please note that eligibility for these products is influenced by industry, geographic location, credit score, and current financial standing. Most offerings are uncollateralized.
Unlock rapid liquidity with our short-term financing, offering a percentage of monthly sales with flexible daily or weekly repayments. Ideal for immediate needs with minimal prerequisites.
Terms: 3-12 months
Payments: Weekly
Requirements:
$35,000+ Monthly Revenue
6 months in business
500 minimum credit score
Experience stability with fixed-rate term loans, offering predictable repayments and potential tax benefits. Perfect for businesses seeking longer-term financing without the uncertainty of variable rates.
Terms: 12-24 months
Payments: Weekly/Biweekly/Monthly
Requirements:
$35,000+ Monthly Revenue
1 year in business
600 credit score
Flexible and accessible, our lines of credit allow businesses to draw funds as needed, ensuring capital is always within reach.
Terms: 3-18 months
Payments: Weekly & Monthly
Requirements:
$35,000+ Monthly Revenue
3 years+ in business
700 credit score
Simplify your financial landscape with our consolidation options, designed to merge existing debts into a single, manageable repayment plan.
Terms: 6-18 months
Requirements:
$35,000+ Monthly Revenue
1 year in business
600 credit score
Understand what the client wants in terms of funding and for what purpose
Ask about their timeline for needing the funds
How much are they currently depositing into a business bank account; Time in business, and what industry they’re in
Any current financing they’re currently paying off and how they feel about it. Ask if they’ve looked into this type of financing before and if so, why they didn’t take it or why they couldn’t find it
Offer an honest assessment and set realistic expectations
Is there anything in the client’s past that could negatively impact the deal, such as defaults, negative pay history, or criminal history
Encourage the client to fill out an application while on the call and confirm that they’ve received it
Provide clients with your personal contact information in case they have any questions or concerns
Ok, well I know you have funding with our competition, That’s how I got your information.
I might have an opportunity to get you on a better payment structure and cheaper funds. Competition breeds improvement. We are happy to compete to get you the best rate available in the marketplace.
We offer a wide range of products, yes we do offer MCA’s but we also have lines of credits and term loans as well. What exactly are you looking for?
We mainly offer short term business financing that is based on the deposits in your business bank account.We can also do LOC’s and term loans. This financing requires ZERO collateral and I could have the funds in your account today. What type of funding solution are you looking for?
Our term typically average in the 6-24 month range with rates starting in the low teens depending on your credit score and financial history. How is your credit looking right now?
Can be as short as 2-4 hours. I can get your file into processing and get some numbers for you as soon as you complete the application and send over the last 3 months bank statements. Are you in front of a computer right now? I can walk you through the application if you have a couple of minutes.
Are you willing to send me the last three months’ bank statements and I could look over them to get a more accurate picture of what we could do for you. That way you dont waste your time filling out an application if we can’t get you an approval.
As of March 1, 2024 – Bi-Weekly & Monthly are not available in Canada.
Monthly Payment Requirements:
Our Line of Credit options are pretty simple, we approve you for a max amount, and you are allowed to draw from it as you see fit. You only make payments on what you draw.
It’s really the access you have to the funds traditional line you can access when you need it as you need it; where as the nontraditional would we approve you up to an amount, you make a draw from it and the remainder is still available to you pending the most recent bank statement or month to date to access any of the remaining funds
$5 million is our max amount for US and $350,000 for Canada in the first round of funding, our approvals are typically dependent on 3 factors:
We do have programs up to 36 months for US and 24 months for Canada, typically for top tier clientele. The longer we go out the more expensive the funds tend to be, our sweet spot tends to be about 9-12 months for both US and Canada.
Understood, the bank is not going to be able to get that low. Our programs start in the low teens and go up from there based on deposits and credit score.This is a non-collateralized option, so there is no collateral needed and I can have it in your account today. Tell me more about what you want to use the funds for
Term Loan – Financing over a specified term (typically 6-24 month spans) with a lower fixed rates & payments (meaning the payment will always be the same). With term loans it is not an advance, and can typically have interest written off on taxes. Minimal/no fees for the most part
MCA (Merchant Cash Advance) – Is a cash advance/deposit of a specified % of monthly sales. With a payment of that % will be drawn from the account daily/weekly. Tends to be around 4-10 month terms, Rates/Payments are fixed; typically has lender fees associated and rates tend to be a little higher.
Most of our programs have early pay incentives. Depending on the program the discount can range from 5% – 50% off the cost of the funds. How long do you plan on having the funds out until you paid it back in full?
Yes, we do offer consolidation programs; Savings as high as 55%, Offering additional funds built into the Reverse Consolidation, however you would need to meet the following criteria
This is not our most preferred method of consolidation, however we do have it in the case you need it. During this you will not be able to receive any additional funding, and we are putting funds in your account each week to cover the cost of your current loans, and you are paying us back directly.
No we do not, so you do not have to put up any of you assets for this type of financing
We have various programs, we offer short term business financing, term loan options, business lines of credit, equipment financing, and the list goes on, what’s the solution that you have in mind, how much and what’s the use of funds for?
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To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.
What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.
