12/06/2024
New funding program.
No one does this anywhere that I’m aware of except the man I’d be referring you to.
It can be used for any business purposes including startups, working capital, business acquisitions, real estate, etc..
STARTUP BUSINESS FUNDING PROGRAMS
RECOURSE OPTION: Via Personal Loans & Business Credit Cards (Credit Requirements Apply)
- USA residents only eligible to apply.
- From $5K up to $650K approvals via credit cards and personal term loans.
- Zero interest the first 6 to 24 months for credit cards. As low as 6% thereafter. Personal loans start at 7% & up
- Stated income options for revolving credit. Term loans require at least $50K in gross annual income.
- Credit cards automatically renew. Terms loan can go up to 7 years.
- MINIMUM REQUIREMENTS TO APPLY:
1) All 700+ FICO scores or a credit partner that does.
2) Revolving credit utilization at or below 25%.
3) No more then 5 new accounts opened the past 24 months.
4) 4 or less inquiries the past 6 months.
5) No late payments the past 12 months.
6) Free of unpaid collections and charge offs.
7) No bankruptcies the past 10 years.
8- At least one 2yr+ credit card with a 2,500+ limit.
- Close in 2 to 4 weeks.
- NO UPFRONT/APP FEES!
NON-RECOURSE OPTION: Via Private Equity Bridge Loan (No Credit Or Income Requirements Apply)
- Can be used for domestic and international startups.
- From $3MM to $100MM approvals.
- Lite doc. No tax returns required.
- No personal guarantor/credit requirements.
- Interest rate 12% to 26%.
- 3 year interest only payments term with principal balloon at the end.
- Closing projection: 60 to 90 days.
- PLEASE NOTE: 10% down of amount requested is due after signing off on term sheet to start processing. This would cover all cost required from borrower(s) start to finish including SEC and attorney fees, due diligence and closing cost (including 4 points that will be paid out to the rep(s) at settlement by the lender). THE LENDER WILL NOT FRONT THESE COST. Any amount left will be issued to the borrower at closing along with the amount requested. Once a business plan is submitted then a phone or ZOOM Call with the lender rep would be provided upon requested. POF for 10% down required to receive term sheet.
- CHECKLIST BEFORE APPLYING:
1) Business Plan.
2) Exit Strategy including how the loan will be paid back.
3) Proof of 10% down of amount requested.