Business Funding Before the “Business”
Are you still in the idea phase of your “business” but need some capital to take the next step?
Leveraging your personal credit to access business capital is oftentimes necessary (and very common).
Funding Options
(Based on Personal Credit)
Most “Business” lenders want to see a minimum of 1 year (some require 2-years) in business before they are even open to having conversations about funding. Aside from the time in business, many lenders have minimum monthly revenue requirements ranging from $10,000 to $50,000. So how do you get the funding in the first place to get to this point?
Below you will find a table breaking down the funding solutions we provide based solely on your personal creditworthiness and financials.
| Funding Product | Credit Score | Time in Business | Approval Range |
| 0% Credit Card | 680+ | NA | $5K – $100K |
| Unsecured Term Loan | 650+ | NA | $5K – $50K |
| Home Equity LOC | 650+ | NA | $30K+ |
.
View the Best Funding Options For Your Business in Minutes
We have financing for commercial real estate acquisition, business and franchise acquisition, and real estate fix n’ flip loans as shown in the menu links along the bottom of this page. Check-out the many financing options to meet your need.
|
Funding Product |
Amount |
Access |
Rates |
Terms |
|
0% Credit Card
Secure multiple 0% accounts to launch Your business. Cash Accessible 0% interest. Revolving Credit Lines/cards. Available in the name of the business or individual.
|
$5K – $75K | 7-10 Days | 15.99% +
. Note: 0% for the first 12-18 months |
Monthly payment of 2% – 3% of balance |
|
Business Line of Credit
Great way to have access to capital when you need it but have no payment unless you spend it.
|
$5K – $200K
. * larger lines are available. See the LOC link in the menu at bottom of this page. |
1-5 Days | 8.99% + | 6-24 Months |
|
Short Term Business Loan
Access funds very quickly for any Business expenses. Typically more expensive than alternative options.
|
$5K – $100K | 24 – 72 Hours | 15% + | 6-12 Months |
|
Business Term Loan
Great option for longer terms for more established businesses. This is a great resource for general working capital needs.
|
$20K – $500K | 5-10 Days | 11% + | 1-5 Years |
|
SBA Micro and Express Loans
Efficient and streamlined SBA loan process. Secure the capital you need to propel your business forward. Great for Start-up, Working Capital, Refinancing debt, and smaller Franchises.
|
$20K – $150K | 10-14 Days | Prime +3.75% | 7 – 10 Years |
|
SBA
Larger SBA loans for buying a business or commercial Real Estate, Working Capital, or equipment.
|
Up to $5 Million +
* We can go up to $8 million * We also have USDA B&I loans up to $25 million |
45+ Days to Close | Prime +2.75% |
Up to 25 Years |
We have a larger Line of Credit program as shown in the link below. That is great for retail, restaurants, manufacturing and more…