Hi, 2 Business Funding Programs. Business Line of Credit up to $100K and Business Term Loan up to $250K. Both have the same requirements. 1 Year business, 600 credit score, at least $8500 a monthly deposits and best have $750-$1000 Average Daily Balance.
1) Benefits of Business Line of Credit:
Revolving lines of credit from $6K-$100K
12-month repayment term, resets after each withdrawal
Automatic weekly payments
- Instant Funding: Get money in your account within seconds every time you make a withdrawal—24/7, even on nights and weekends.†
- Only pay for what you borrow: Withdraw what you need, when you need it. And pay interest just on the financing you use.
- A consolidated payment for all withdrawals: Make one weekly payment on all withdrawals, avoiding the headache of multiple payment schedules.
- Access more funds automatically: Receive automatic credit limit increases when we review your credit profile and determine if you qualify. We do this on an ongoing basis, so the opportunity is often there.
- Business credit building: Help build your business’s credit by making on-time payments, which we report to the credit bureau.
- Revolving credit: Apply once and funds replenish when you pay them back, so long as you make timely payments.
- No prepayment penalties: Get more flexibility by paying off your line of credit anytime you’d like, with no penalty or fee.
- Transparent pricing: Use our SMART Box® Capital Comparison Tool to get a comprehensive breakdown of your line of credit’s cost—including all the key terms you need to evaluate potential loan offers.
Min requirements:
Time in Business - 1 year FICO Score - 600 and up Business Annual Gross Revenue- $100K ($8500 a Month) Need a Business Checking Account Average Daily Balance- Best to have $750-$1000 Average Daily Balance
2) Benefits of Business Term Loan
Loan amounts of $5K-$250K
Repayment terms up to 24 months
Automatic daily or weekly payments
Same Day Funding: Standard ACH bank transfers take up to three business days. But with us you could get funds in your bank account by 5:00 pm the same day.*
Prepayment Benefits: If you qualify for our 100% Prepayment Benefit option, pay your loan off early in full and have all remaining interest waived without any penalty or fee.‡
Loyalty benefits: If you’re a current customer, you’ll have any remaining interest waived if you take a new small business loan. We can also offer a lower or even 0% origination fee on your next loan.
Business credit building: Help build your business’s credit by making on-time payments, which we report to bureaus.
Predictable, fixed payments: Pay the same amount from the beginning to the end of your repayment term, so you can manage your cash flow with no surprises or large costs up front.
Transparent pricing: Use our SMART Box® Capital Comparison Tool to get a comprehensive breakdown of your term loan’s cost—including all the key terms you need to evaluate potential loan offers.
Min requirements:
Time in Business - 1 year FICO Score - 600 and up Business Annual Gross Revenue- $100K ($8500 a Month) Need a Business Checking Account Average Daily Balance- Best to have $750-$1000 Average Daily Balance To Apply for Funding Would Need The Following: - Last 3 months of business bank statements - Current full credit report. Can get a copy here- www.prestigecreditreport.com - application Get A Free Consult - www.prestigebfs.com Prestige Business Financial Services LLC Main Website- https://prestigebusinessfinancialservices.com Email - [email protected] Phone - 1-800-622-0453 |