Funding Programs Overview:
Unsecured Personal 5-7 year term loans up to $200k
Loans up to $100,000, terms up to 7 years. No Collateral Required, unsecured loans deposited into your bank account. Need a 650 fico score & last 2 pay stubs or last 2 yrs personal tax returns to qualify. Typically need 50k in personal income minimum. Rates from 7 to 25% OAC. How this can help your clients: If you are a new business that is pre revenue, or a young business unable to qualify for a traditional business line of credit this is a great option that is contingent on your personal credit and verifiable income. The loan is cash deposited into your bank account making it perfect for consolidating previous business debts, paying for employees, marketing, education services, products, equipment, and anything else you can pay for in cash/debit.
0% Business & Personal Credit Lines/Cards up to $150k
0% business & personal credit lines/cards, 0% for 9, 12, 15 & 18 monthsWill be 4 to 6 accounts that cumulatively can add up to $150K+ on approved creditFunding in the name of the business, with cash accessibilityAffordable monthly payments, typically 2% of the balance. For example; $10k = $200/mthNeed a 680 fico score & a $5,000 credit card limit to qualifyHow this can help your clients: This funding type is most commonly referred to as a 0% interest credit card (for 12-18 months) making it perfect to consolidate/transfer high interest rate debts onto and giving you the opportunity to pay down debts interest free. It’s also perfect for paying for marketing, education services, products, equipment, and anything else you can pay for on a credit card.