When you have good personal credit, we can help you get hundreds of thousands of dollars in unsecured lines within a few weeks. Below are the requirements for the different types of funding.
Minimum of $50,000, up to $150,000 in credit-based unsecured bank lines of credit (Requirements)
a. Personal Guarantee
b. Personal credit score of 680+ *
c. Must have a minimum of 6 months of established personal revolving credit
d. Personal credit utilization of less than 45%
e. Late payments less than 2 years old need to be removed*
f. Credit counseling management history needs to be removed*
g. Unpaid collections or charge-off history need to be removed*
h. Bankruptcy, liens or judgments need to be removed*
i. Max of 3 inquiries per bureau less than 6 months old
* We offer programs to help with this.
For those who are interested in creating some extra monthly income and receiving larger amounts of funding, we offer a program called Business Cash Flow and Funding. Below are the requirements for Cash-Flow-Based funding:
Up to $350,000+ in cash-flow-based unsecured business funding (Requirements)
a. Personal Guarantee
b. Personal credit score of 680+*
c. Minimum of $30,000+ in business cash-flow for at least 4 months*
d. Corporation or LLC must be at least one year old*
e. Paydex score of 80+*
f. No active bankruptcy or unpaid tax liens or judgments*
g. No current negative items reporting on personal credit*
* We offer programs to help with this.
For those looking for larger amounts of funding, please go to the Business Cash Flow and Funding tab or contact your sales representative.