Securing the most advantageous business capital can be the difference between having your business flourish or crumble in the matter of months. Us Trust Business Loans speaks with entrepreneurs on a daily basis that are seeking capital, yet typically apply only when they need it the most. That’s a wrong internal reason, so why “romance” yourself? Making this fatal error is not like filing your tax returns late. Both reasons have consequences, yet very few decide to own them. We can all pay late filing fees, but can’t unwind inflated financing contracts when we procrastinate, or our monthly business cash flow is on a downward spiral. Human nature comes in many forms. If you are seeking a low and manageable interest rate/factor rate along with intermediate or long term, secure the financing when your cash flow is robust and flowing. If you request business funding when your cash flow is off thirty-five to fifty-percent, you will receive unattractive terms and rates or could even get flat out rejected.
Our firm offers medium to jumbo lines of credit that replenish dollar for dollar after every weekly or monthly payment is made on time. Additionally, you’re only paying interest on the amount you draw. There is a minimum $20,000 draw at funding and then you can sit on the balance of the line until it’s needed. Perfect credit isn’t required, but a 620 Experian fico score is mandatory and it’s the most liberal in the open market. Don’t have any credit cards, recent delinquencies, or late mortgage payments in the past 6 months. Our lines of credit fund from $35,000 to $2MM and you must have consistent cash flow. Not every business industry qualifies either. If you’re qualified, our funding partner will buy-out a “pesky” merchant cash advance that you have paid down fifty-percent in principal balance. Don’t allow yourself to be vulnerable when you can prevent this from the beginning.
#Shortterm&longtermcapital #ifundretail.com
Written by Christopher Yates, CEO
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