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Loan Product Summary

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Requirements & Documents

Loan Product Summary

MCA

MIN-MAX  $ AMOUNT $10,000-$5,000,000
MIN-MAX  TERM 3-24 months
CREDIT SCORE  MINIMUM None
ANNUAL REVENUE  REQUIRED $150,000
REQUIRED TIME IN  BUSINESS 4 months
COST OF CAPITAL Medium/High 15%-45%
TIME TO APPROVE 24 Hours
DOCUMENTS REQUIRED
  • Loan Application
  • 4 months of business bank statements
  • 4 months of credit card processing statements

BUSINESS LINE OF CREDIT

MIN-MAX  $ AMOUNT $10,000-$250,000
MIN-MAX  TERM 6-12 months
CREDIT SCORE  MINIMUM 620
ANNUAL REVENUE  REQUIRED $250,000
REQUIRED TIME IN  BUSINESS 1Year
COST OF CAPITAL Low/Medium 10%-25%
TIME TO APPROVE 1-3 Days
DOCUMENTS REQUIRED
  • Loan Application
  • 4 months of business bank statements

BUSINESS TERM LOAN

MIN-MAX  $ AMOUNT $25,000-$5,000,000
MIN-MAX  TERM 1-5 Years
CREDIT SCORE  MINIMUM 660
ANNUAL REVENUE  REQUIRED $250,000
REQUIRED TIME IN  BUSINESS 2 Years
COST OF CAPITAL Low/Medium 6%-26%
TIME TO APPROVE 3-5 Days
DOCUMENTS REQUIRED
  • Loan Application
  • 6months of business bank statements
  • 2 Years of business tax returns
  • 1 Year of Personal Tax Returns
  • YTD Financials if above $100,000

EQUIPMENT LEASING

MIN-MAX  $ AMOUNT $10,000-$5,000,000
MIN-MAX  TERM 1-5 Years
CREDIT SCORE  MINIMUM 550
ANNUAL REVENUE  REQUIRED $150,000
REQUIRED TIME IN  BUSINESS 6 months
COST OF CAPITAL Low/Medium 6%-35%
TIME TO APPROVE 1-2 Days
DOCUMENTS REQUIRED
  • Loan Application
  • 4 months of business bank statements
  • Copy of Invoice

SBA LOAN

MIN-MAX  $ AMOUNT $150,000-$10,000,000
MIN-MAX  TERM 5-25 Years
CREDIT SCORE  MINIMUM 680
ANNUAL REVENUE  REQUIRED $500,000
REQUIRED TIME IN  BUSINESS 2Years
COST OF CAPITAL Low 5%-9%
TIME TO APPROVE 2-3 Months
DOCUMENTS REQUIRED
  • Loan Application
  • 12 months of business bank statements
  • 2 Years of business tax returns
  • 2 Years of Personal Tax Returns
  • YTD Financials
  • Credit Report

HARD MONEY REAL ESTATE LOAN

MIN-MAX  $ AMOUNT $150,000-$50,000,000
MIN-MAX  TERM 1-10 Years
CREDIT SCORE  MINIMUM None
ANNUAL REVENUE  REQUIRED 60%-80%
REQUIRED TIME IN  BUSINESS None
COST OF CAPITAL Medium 7%-14%
TIME TO APPROVE 1-3 Days
DOCUMENTS REQUIRED
  • 1003 Loan Application
  • 4 months of bank statements
  • Copy of Purchase Agreement
  • Recent Mortgage Statement (if refinance)
  • Credit Report

COMMERCIAL MORTGAGE

MIN-MAX  $ AMOUNT $50,000-$50,000,000
MIN-MAX  TERM 1-30 Years
CREDIT SCORE  MINIMUM 600
ANNUAL REVENUE  REQUIRED LTV
REQUIRED TIME IN  BUSINESS 2Years
COST OF CAPITAL Medium 7%-14%
TIME TO APPROVE 1-3 Days
DOCUMENTS REQUIRED
  • • 1003 Loan Application
  • • 4 months of bank statements
  • • 2 Year of business tax returns
  • • Copy of Purchase Agreement
  • • Recent Mortgage Statement (if refinance)
  • • Credit Report

INVOICE/AR FACTORING

MIN-MAX  $ AMOUNT $150,000- $50,000,000
MIN-MAX  TERM 30-90 Days
CREDIT SCORE  MINIMUM None
ANNUAL REVENUE  REQUIRED 60%-80%
REQUIRED TIME IN  BUSINESS 6months
COST OF CAPITAL Low/Medium 5%-30%
TIME TO APPROVE 1-3 Days
DOCUMENTS REQUIRED
  • Factoring Application
  • AR Aging Report
  • Copies of Invoices
  • 4 months of business bank statements
  • 1 Year of Business Taxes