Our clients can be approved for millions-of-dollars in funding if you have equivalent collateral or financials. Even businesses new startup businesses with no collateral can obtain up to $150,000. While businesses with collateral can secure hundreds-of-thousands of dollars to millions-of-dollars depending on the value of the collateral and/or cash-flow you have.
How quickly can I get money with you?
To obtain business funding lenders typically want to see that you have either Collateral, Cash flow, or Credit, whether it’s personal or business credit. If you have collateral, cash flow, or good personal or business credit, then you can typically secure money within 30 days or less.
If you have challenged personal credit, no collateral, no business cash flow, you can still secure money using a good credit personal guarantor. With no guarantor or collateral or cash flow, you will need to build business credit to obtain funding which can take up to 12 months.
How do I know if I am a good fit for your company to work with?
If you have great credit, you can secure money through the finance suite even if you are looking for funds to start a business. And you won’t need to show financials to qualify. Even if you have a cosigner, or a good credit personal guarantor, you can secure money with this program.
If your business has some type of legitimate business collateral, you can also qualify for funding, even if you have challenged personal credit now. Acceptable collateral includes purchase orders, account receivables, inventory, equipment, credit card sales, commercial real estate, 401ks and IRAs, securities such as stocks, and most other forms of legitimate business collateral.
You can even qualify for funding if your business has consistent cash flow each month. You can also qualify for funding if you have good business credit built. If you don’t have this built, our system will help you build your business credit so you can secure funding based on your business credit profile.
If you don’t have good credit, or good business credit, and if you have no cash flow yet for your business, no acceptable collateral, and if you also have no cosigner, you will not secure money quickly through the finance suite. If you are in a rush to get money and you don’t have any of these essentials, it will take you a year of business credit building to truly secure cash money.
So if you are in a hurry and don’t have these essentials, we might not be the best solution for you.
But if you do have one of the essentials, not all of them like a bank requires but even just one, you stand a good chance of benefiting from the Business Finance Suite.