Must Know About Alternative Lending Programs

Cash-flow Financing is the MOST popular type of alternative funding today. These are cash advances that look at bank account management for approval. If you have more than $10,000 in deposits, you can be approved, a very fast and easy way to secure money.

You must manage your bank account responsibly, and have consistent deposits. You can typically get as much as 12% of your annual revenue advanced. This is high risk lending as no collateral is pledged and you only need a 500 FICO for approval.

Collateral-based financing can be obtained if you have some type of viable collateral to offset what you’re borrowing. Even as a startup with bad credit, you can still secure collateral financing if you have collateral. Rates are super low; much lower than with conventional SBA loans, as low as 2%.

Some types of acceptable collateral includes accounts receivables and purchase orders, stocks, bonds, and 401k, inventory and equipment, real estate, and even an insurance book of business.

Unsecured, credit based financing is a great way to get money for your business if you have good personal credit or know a guarantor who does. You can secure credit up to five times of what your highest revolving limit account has now… up to $150,000.

Rates are usually 0% for 6-18 months. This is No Doc funding, so even startups can qualify. Accounts report to the business bureaus.

Private Money is also available if you have good tax returns. Crowd Funding doesn’t require cash flow, collateral, or good credit. You can even get specialized funding to buy equipment, signs, and vehicle wraps.

Contact us today 772-232-8131 and let us help you find the right money and credit for your business quickly, easily, and with little effort.

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