100% Financing: A Unique Investing Option

100% Financing: A Unique Investing Option 

By Ray Antonelli

In today’s market, “no money down” financing is almost unheard of.  However, there are lenders who actively seek out those who have great credit and have a need.  The uses are endless. Some examples: food trucks, franchises, real estate investing, equipment purchases, even providing a cash flow cushion for small businesses. There are no restrictions to use the funds.

Another benefit is very little paperwork to apply and really fast approvals. The funds start to become available in as little as two weeks from date of application. Another unique feature is no upfront fees: a comfort when dealing with a company for the first time.  Good to great credit is a must.  However, unlike most loans a substitute guarantor (business partner, spouse or other family member) is welcomed if the client’s credit does not meet current lending standards.

Traditional banks still might make these types of loans. However, in addition to spotless credit, they usually ask for a mortgage on your personal residence and also make the client re-qualify every year. Whereas an unsecured business line of credit (UBL) is permanent and not tied to any asset.  As long as you make on time payments the line is yours to keep. Also if you pay back the lines you can reuse the funds again and again  and no interest is charged while the balance  is zero.

Contact: Ray Antonelli; 216 337 7520 or ray100@gmail.com.

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