DOES YOUR BUSINESS NEED FUNDS? PAYROLL? WORKING CAPITAL? EXPANDING?
Business Revenue Loans
Business Revenue Lending will lend your business money based only on you having consistent revenue now. If your business has $120,000 or more collected in revenue this year, you might qualify for this program even if you have personal credit challenges.
Approval amounts range from $5,000-$1,000,000 based on the amount of current revenue your business reflects on your business bank statements. To determine your approval amount the lender will review 3-6 months of your bank statements. If your statements reflect you earn more than $120,000 in revenue, if you don’t have a lot of Non-Sufficient-Funds showing on your banks statements, and if you are processing 30 or more transactions in a month, you stand a great chance of being approved.
Loan terms are typically between 2-18 months and you can be approved with as low as a 500 consumer credit score, sometimes less. To pay back the loan they will collect a daily or weekly payment until the loan is paid back in its entirety.
This is an exceptional funding program for any business that has consistent revenue each month, even if you don’t have financials to supply. All that is reviewed for approval is your bank statements and sometimes your merchant statements. So if those statements are solid, you stand a great chance of being approved.
You just can’t beat a program that lends you up to $1,000,000 even if you had challenged personal credit, just because your business is bringing in revenue. And it only takes 1-2 days to close and secure your money.