Often misunderstood, it's human nature in a way whether your a business owner or company controller to wait too long before you pull the trigger on business capital. As an owner of US Trust Business Loans and sister companies, I have concluded this i is the single biggest reason business owners revenues start descending and things can unravel.
The best time to borrower is when you don't really need it, nor would you wish to pay interest on capital not needed. I couldn't agree with you more. Our business lines of credit have a liberal credit score requirement of 625. No late payments on credit cards, installment loans or mortgages. We fund from $30,000 to $2 MM and you DON'T PAY INTEREST on what is not borrowed. You must take a minimum draw at funding, but will only pay interest on that amount. Our line of credit has weekly and monthly payments and is based on consistent business revenue. We can fund from 75% to 150% of your gross monthly business revenue. Restaurant, Robotics, Manufacturing, and Medical are some of the biggest industries we fund on a consistent basis. Reach out if your serious about the right type of capital and my LOC must be in first position. Don't be overleveraged with over 3 merchant cash advances. In certain situations, we can buy-out merchant cash advances costing you more than 100% in annual percentage rates.
Comentários