Products

Unsecured Business Credit

 

Business Stage:

Collateral or Financial:

Requirement:

 

 

Funding Amount:

Interest Rate:

Purpose: 

 

Type:

Document require:

> No age requirement

> None

> Strong Personal Credit (business owner or cosigner)
                No Bankruptcy, Judgment, Lien, Collection
                Open Credit Card Accounts with 12 months history
                Credit limit of $4,000 minimum and balance below 50%
                No late payment in last 2 years
 

> $10,000- $200,000

> 0%-3% Introduction rate (6-12 months); After is 7-19% APR

> Build Business credit and separate from personal credit, buy 

inventory, equipment, expansion, working capital, etc. 

> Revolving Business Credit Cards

> Recent complete credit report

Revenue Base Funding

 

Business Stage:


Collateral or Financial:

Requirement: 

 

 

 

Funding Amount:


Interest rate:

Purpose: 

Type: 

Document require: 

> 5 months + in business history & $10k of monthly revenue or 
$120k of annual revenue

> No collateral/ Recent tax return and Bank statements

> Personal Credit at 550 Fico
                No Bankruptcy and foreclosure in the past 12 months
                Tax lien/ Judgment is OK

> No more than 3 NSF (nonsufficient fund) fees in the bank statement
> At least 5 deposits each month equal to $10,000 minimum
> Annual revenue of $120k+ minimum

> Up 8-10% of annual revenue
>Funds ranges $10,000-$500,000

> No interest rate/ But lender use factoring rate

> Expansion, working capital, buying inventory

> Short term loan of 6-18 months/ Money deposit to bank account

> Application
> Recent 3 months of business bank statement, 
> Recent 3 month of Merchant statement (if business accept   credit card), 
> Business tax return.

Diamond Retirement Funding (Roll Over program)

 

Business Stage:

Collateral or Financial:

Requirement:

Funding Amount:

Interest Rate: 

Purpose:

 

Type: 

Document require:

> Any

> None

 > $35,000 + in an old retirement account ( 401k, IRA, ect.)

> $35,000- unlimited

> 0%

 > Start-Up, expansion, buying equipment, real estate investment, 
buying inventory, and etc.

> 401k plan (re-invest your retirement money into your own 
business)

> Retirement Statement

3 Years Business Term Loan

 

Business Stage:

Collateral or Financial:

Requirement: 


Funding Amount:

Interest Rate:

Purpose:

Type:


Document require:

> 2 years bussiness history

> Yes

> Profitable and cash flowing business with minimum of $250k 
annual revenue

> $50,000- $500,000

 > 10.99%

>Business acquisition, expansion, buying equipment, 
buying inventory,  refinance high interest rate loan and etc.. 

> 3 Years Business Term Loan

> 2 years of Business tax return and personal
> 2013 interim financial (P&L and balance sheet)
> Personal credit report
> Mini business plan for the funding