ALL BUSINESS LOANS SOLUTIONS,

Short Term Business loans

Fixed Simple Interest also referred to as total interest percentage is a quick and easy way of calculating the total payback on a loan.
Fixed simple interest is calculated by multiplying the principal amount by the fixed rate or
factor rate.
  • Term Length

    3-36 Months

  • Simple Rates

    5% – 35%
  • Payment Frequency

    Business day – Weekly

  • Decision time

    1-5 hours

  • Time to fund

    1-3 days

  • Underwriting

    Last 4 Months bank statements
    No personal guarantee required
    No collateral required

Long term Business loans

Long term loans work on compound interest, Compound Interest is interest calculated on the initial principal and also on the accumulated interest on the deposited loan. Compound Interest can be viewed as interest on interest, accrues on daily, weekly and monthly basis.
The longer the term on a compound loan, the more often that the interest is being compounded on, and the larger the total payback will be.
  • Term Length

    1 – 5 Years

  • Simple Rates

    5% – 21%
  • Payment Frequency

    Bi weekly – Monthly

  • Decision time

    1 – 2 days

  • Time to fund

    1 – 2 weeks

  • Underwriting

    Last 2 years tax returns
    No collateral required
    Personal guarantee required

Business Line of credit

This is a business revolving line of credit, you can draw on it as many times as you would like, and when you repay the amount borrow you have the repayment automatically available too all over again.
So if your line of credit approved is for $50,000, and you decide to draw $25,000 you still have $25,000 available at any time. And any payments you make on the initial $25,000 line will also be available.
This is the biggest advantage of a business line of credit, the immediate availability of funds, you can draw on the funds, pay them back and keep drawing on the funds all over again.
  • Term Length

    6 – 12 Months

  • Simple Rates

    5% – 20%
  • Payment Frequency

    weekly

  • Decision time

    1 – 5 Hours

  • Time to fund

    1 – 3 days

  • Underwriting

    660 Fico +
    Last 4 Months bank statements
    No personal guarantee required
    No collateral required

Merchant Cash advance

MCA Is a purchase of future accounts receivable or total sales it’s an advance payment against business future receivables. Merchants received a lumpsum payment in exchange for agreed upon purchase amount.
These merchant cash advances are not loans, they are a sale of a portion of future revenue of the business. Theoretically ( MCA ) have not set time to payback the purchased amount by the funding company. The payments or remittance fluctuate directly with the merchant daily or monthly sales volumes.
  • Term Length

    No set time

  • Simple Rates

    1-3% Cents on a dollar per month
  • Payment Frequency

    Business day – Weekly
  • Decision time

    1 – 5 Hours

  • Time to fund

    1 – 3 days

  • Underwriting

    500 fico plus
    Last 4 Months bank statements
    No personal guarantee required
    No collateral required – none recourse

READY TO GROW YOUR BUSINESS?