Get the cash you need now to grow your business
Your hard work and passion is the backbone of your small business. What will you do to grow your business this year? Does your small business need to expand, remodel, purchase equipment, add inventory, or simply run that dream ad campaign? If so, a business development loan might be right for you.
Our Business Development Loan is a short-term unsecured loan up to $100,000 max. You must have personal credit of 540 or better and be in business at least 1 to 2 years. These loans will range from 6 to 12 months and are based on your business’ average credit card monthly sales volume. They are repaid a small portion everyday by a fixed payment that is collected Monday through Friday through a Bank Controlled Account. A Business Development Loan is much less expensive than the Merchant Cash Advance. The benefit of this program is that our funders will report daily positive payments to the Credit Bureaus. This reporting accelerates a credit score because of the numerous daily payments collected in a month.
My vision is to help Southern California small businesses improve their credit score through the successful repayment of a Business Development Loan. The result: your chances of qualifying for a traditional bank loan in the future should improve. Our Lender’s Business Development Loan works for the merchant, not the other way around. Small businesses with a healthy cash flow can qualify for $5,000 to $100,000 in financing with a Business Development Loan.
- A approval in 2 business days, funding within 5
- Rates typically up to 50% lower than merchant cash advances
- Interest charged only on business days – 257 days for a 12 month loan
- Daily payments reduce your principal faster, so you pay less interest
- My partners lend responsibly – lending only what your business cash flow can bear
Who Qualifies?
To qualify for financing, an owner-operated business should:
- Have a business bank account
- Maintain an average bank account balance of $3,000
- Have been in operation for more than 1 year
- Operate a storefront business with a diversified customer base
Don’t miss out on the increased sales that you could be enjoying today by expanding your business.
What does it cost?
Rates as low as 20 percent.
