Our Services:
Merchant Cash Advance
A merchant cash advance (MCA) is not a loan, but rather an advance based upon the future revenues or credit card sales of a business. A small business can apply for an MCA and have an advance deposited into its account fairly quickly. An MCA (Merchant Cash Advance is possibly the best alternative to a conventional business loan. As opposed to a bank loan, A Merchant Cash Advance is an advance against a given business's future income. A lump sum is provided to the merchant and is then repaid through a percentage of the business's future card receipts.
Short Term & Receivables Based Financing
Short term loans are used as a way to fill immediate short-term needs or cash flow issues.
Perfect for purchasing inventory, filling gaps between accounts payable and receivable, and any emergency repairs or maintenance that need to be covered.
Generally collected via daily or weekly ACH Payments
A disadvantage for this kind of loan is that having a shorter term also means having a higher cost involved as opposed to traditional secured financing in a short term.
Medium Term Loan
Medium-Term Loans are a simple interest business loan. Low rate and flexible terms ranging from 1 to 5 years. No prepayment penalties. A business owner can pay off loan as fast as they want without worrying about an early payment charge. There is no collateral required for Medium-Term Loans, but a personal guarantee is needed.
Business Lines Of Credit
A Business Line Of Credit is also known as a "LOC". Provides business owners with access to working capital to fix cash-flow issues or other short-term business needs. A business owner can draw funds when he or she needs them whether its once a day, once a month, or even just once a year. Unlike a loan which can be used for one specific purpose, a business line of credit can be used for many things at once.
Business Line of Credit and Term Loans
Products:
- Capital for entrepreneurs and startups.
- Line of Credit program - Capital for brand new business (beginner).
- Term Loan - Capital for businesses that already but hasn't reached a certain level of income they want (experienced).
SBA Loans
An SBA loan is a low interest government backed loan (U.S. Small Business Administration).
It has the longest terms and lowest rates available. Monthly payments. Available to business that have been in business for at least 2 years. Businesses must have a FICO score of 640 or higher. Collateral is required for loans of more than $25,000. Come with single digit rates. Because of their federal guarantee, SBA Loans are the cheapest long-term funding option available to small businesses.
COMMERCIAL LOANS:
Investment Property Purchase or Refinance
Loan Amount: $75K-$5MM, Term 30-year fully Amortized Loan
Credit Requirement: 650 Minimum Fico
Rates: 6.99% - 9.49%
ARV PRO LOAN:
Designed for "Fix and Flip" Investors who are looking for a short term, Interest only loan to acquire and improve a property.
Loan Amount: $75K - $1MM
Term: 1 year interest only
Credit Requirement: 650 Minimum Fico
Rates: 8.75% - 9.00%
CREDIT FIX LOAN:
Designed for investors with credit issues seeking an interest only short term loan.
Loan Amount: $75K - $2MM
Term: 24 months interest only
Credit Requirement: No minimum Fico
Rates: 8.75% - 10.00%
FAST50 LOAN:
Designed for Investors that have credit issues but high equity seeking easy credit qualifications.
Loan Amount: $75K - $5MM
Term: 30- year fully amortized loan.
Credit Requirements: 620 Minimum Fico
Rates: 6.49% - 9.24%
More Options
Invoice Factoring:
Non-Recourse Invoice Factoring & Accounts Receivables Financing
Purchase Order Funding, Trade Finance & Letters Of Credit
Government Factoring & PO Funding
AR Management & Credit Protection
(Alternative to conventional bank financing through invoice factoring)
Are you a small business looking for working capital? Are your client's government or commercial business with excellent credit but take too long to pay? Is bank financing not an option? If you answered yes, non-recourse invoice factoring is the solution to fuel your business. Receive an advance up to 90% of the accounts receivable amount the day the work is complete, or the service is performed. when you factor your invoices, you get the cash flow you need-fast and efficient!
Who can afford to wait 45 to 75 days for payment? Invoice financing is the solution to meet payroll, pay taxes, buy raw materials, pay suppliers or cover critical expenses to keep your business functioning.
What Is Invoice Financing?
Invoice Financing is a type of asset-based lending, and there are two different types. The first type is when the business opens a line of credit leveraging their good accounts receivable as collateral. The second is when the business sells its accounts receivable to an invoice factoring company. When you sell your accounts receivable, either the business or the factor has the options of taking the credit risk.
What Is Invoice Factoring?
Invoice Factoring is a financial transaction and a type of debtor finance in which a business sells its accounts receivable (invoices) to a factoring company at a discount. Invoice factoring should not be considered a loan but a financing solution to keep your cash flow running.
A business will sometimes factor its receivable assets to meet its present and immediate cash needs. It might also factor their invoices to mitigate credit risk. Factoring is commonly referred to as accounts receivable financing.
Equipment Financing:
Loan Amount depends on the type of equipment needed since the repayment term is usually as long as the expected life of the piece of equipment. Usually involves a fixed interest rate and a fixed term so that payments do not fluctuate.
Financing just about any equipment your business needs:
Restaurant Equipment
Computer Hardware & Software
POS Terminals
Construction Equipment
Commercial Vehicles
Capital Equipment
Why Finance Equipment?
100% Financing with no down payment
Maintain Cash
Manage Risk
Plan expenses for cash flow and business cycle fluctuations
Keep up to date with new technology
Address tax considerations
Leverage equipment expertise
Avoid getting stuck with out of date equipment
Options:
Get the payment choices you're looking for with our flexible financing options
-$Buyout: Available as a lease or an Equipment Financing Agreement (EFA).
-Fair Market Value: Get a lower lease payment. At the end of the term, purchase the equipment, or return it.
-Net Terms: Buy now and pay later with financing for 30, 60, or 90 days.
Products:
The first type of lease product:
Sales Leaseback: Is a financial transaction that allows us to purchase your equipment, then lease it back to you.
Typically, sales leasebacks are up to 80% of the forced liquidation value of your equipment.
Not all the equipment qualifies. It's usually large/heavy equipment (excavators, bulldozer, tractor, big rigs, monster truck, et.)
You can get up to 75% of the Forced Liquidation Value.
Forced liquidation value (FLV) is the amount of money that a company will receive if it sold its assets in an auction immediately. The value would be determined by equipment leasing appraisal company.
Start-up Loans:
There are no minimum revenue or collateral requirements. Provides flexible terms with no prepayments penalties. Business owners must have a Credit Score of 700 or higher.
Credit Repair Services:
Great for businesses that do not qualify for MCA or need to improve their credit rating to have more lending options
Credit Card Processing:
Cash discount Program