We offer Working Capital loans up to $1MM, funding as fast as one day, credit scores down to 500! Easy application.
Loans on Equipment - up to $5 Million! Business Loans up to $10 Million! Factoring Loans up to $3 Million! For Business and Factoring Loans, you must have a business bank account and have been in business for a minimum of 3 months.
We provide loans for equipment purchases or on equipment you already own.
National bank with bank rates.
Equipment, Business and Factoring Loans can be funded as fast as 24 hours!
Equipment Financing
• $10,000 to $5,000,000 financing sizes.
• 650+ Credit (670+ preferred, can consider down to 625 with strong compensating factors).
• Any NEW or USED mission critical equipment (mission critical meaning that it is essential to the operation of the business).
• No minimum time in business, equipment financing for startups is available but 3 months bank statements are required.
For a startup we would want to see a higher credit (usually 700+) and strong compensating personal financials and industry experience.
• Loans up to $150K are application only, and larger solid transactions where we don’t need to look at compensating factors, are as well (case-by-case).
• Approvals are usually issued within a few hours and funding can occur same day (Our record is 82 minutes!).
• Most industries are eligible with the exclusion of adult entertainment, marijuana related, firearms, and similar.
Additionally, trucking requires a 700+ credit score and 2 years minimum TIB.
• 100% financing on equipment purchases (0% down payment required).
This does not apply for startups, in most cases a down payment would be required on a purchase for a startup.
• Nationwide footprint, all 50 states + D.
C.
• 60-month financing terms available
• Custom payment structures available to meet the needs of the business: delayed payments, seasonal payments, step payments, semi-annual payments, etc.
• We’re one of the nation’s top equipment financing lenders and we have over 30 certified lease finance professionals (CLFP) on staff.
Real Estate Loans
We have real estate loans for you! Millions to lend!
General Lending Parameters
• Lending Footprint: Nationwide (Metro, Urban, Suburban)
• Loan Types: Purchase, Refinance, Rehab, Construction (CBC and GC’s), Fix and Flips
• Property Types: Commercial, Luxury Homes, Residential 1-4 Units and Multi-Family, entitled land in prime locations, Mines, Marijuana-related and more.
• Occupancy Type: Owner Occupied for Commercial, Non-Owner Occupied Only for residential.
THIS CANNOT BE YOUR PRIMARY RESIDENCE.
• Construction: Must Be Shovel Ready & entitled with Active Permits or ready to pull permits.
• Loan Size: $150,000 to $50,000,000+ - Exceptions Down to $100k
• Rates: Varies
• FICO Min: Varies.
No FICO requirement for hard money loans.
We qualify the asset, not the borrower.
• Lien Position: 1st Mortgage
• Loan To Value: Up to 90% for Purchase on Fix & Flips!
• Loan To Cost: Up to 85%
• After Repaired Value: Up to 75% and up to 100% of Rehab costs!
• Loan Term: Varies
• Payment Type: Full amortization and, Interest-Only for Hard Money loans
• Loan Time frame - Typically less than 30 days, some may close as fast as 7-10 days.
We also have lenders for loans up to $50 million and higher.
For more information, email us with a phone # and we will call you back promptly.
NO UPFRONT FEES! We do not get paid until you get your loan!
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