I keep up with a lot of news relating to business financing.
And one thing I’m commonly hearing is about how one type of financing has burst on the scene and helped hundreds-of-thousands of business owners nationwide grow their businesses.
USA Today, the Wall Street Journal, even SBA are all talking about this financing… many sources are even saying it’s “the best financing available”.
So what is this type of financing, and most importantly… will it work for you?
It actually goes by many names including revenue lending or financing, cash flow based financing, merchant advances, and some other similar names.
And if you have consistent cash flow of more than 10k per month… yes, it probably WILL work for you… no matter if you have collateral or personal credit challenges.
With cash flow financing you can get money quickly, in as little as 72 hours, with only a review of your most recent business bank statements.
Lenders look at your last four months bank statements to insure you have more than 10k in deposits, have more than 6 deposits per month, and that you don’t have a bunch of NSF charges.
If you fit this criteria, you can be approved.
Here are some other things you will want to know:
FICO scores as low as 500 are OK
No collateral is required
No tax returns or other financials are reviewed
Rates and terms vary based on risk factors such as time in business, industry, credit score, and bank account management…
…And payments are made through smaller daily automatic withdrawals versus larger payments.
If you are looking for fast and easy money, this IS the best solution. This is also an awesome solution if you do have credit issues or lack collateral… factors that would disqualify you for most conventional financing.
Chances are good, you might qualify right now. The only way to find out is to contact me at firstname.lastname@example.org or 303.513.8664
It only takes a phone call to determine if this type loan fits your plans for expansion and how you can safely obtain one…