Here are some of the lending niches available to Business Owners:
UNSECURED BUSINESS LINES OF CREDIT: $25k to $250k. Very good credit required but no
income verification and can be used for any business purpose. Works great for start-ups, working capital, funds needed to close a deal with seller financing.
Microloan to 25k for any business purpose. Start-ups fine. Installment loan.
Business installment loan to 50k. 6 months in business required. Credit to 600.
Unsecured business line of credit to 100k. 3 yrs of business required.
Private/Hard money loans for investment,cash out, commercial property. 5 yrs. interest
only, 50-80% ltv, rates 8-11%. Creative use of equity such as combining other collateral, using market value rather than purchase price. Qualifying usually from
business cash flow of property. Credit not usually an issue.
Equipment financing. Sale/leaseback for start-ups to 30k. Otherwise, usually 100%
financing of equipment costs.
Gas station underground tank financing. Installment loans over 5-7 years.
Seller held notes-secured and unsecured. All considered with some seasoning-usually
minimum of 6 months.
Work with Mr Pedro loans and see the difference in financing because they approved my loan within few days of application after been played several times online then I decided to give a try and work with Mr Pedro on refinancing my business which all went well and smooth than I expected, You can contact him on pedroloanss@gmail.com to obtain your loan at 2% rate.
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