Open-ended Unsecured Business Line Of Credit up to 300K . The Credit Line has the option of increasing every 6 months for the entire amount of time it is open. Program Is Contingent Off Of Building Businesses Credit Not Personal Credit. Business will receive UBLOC within 30 days.
Requirements:
•Above 680 Credit Score
•Under 30% Credit Utilization
•Minimal Inquiries
•No Late Payments For At Least 6 Months
•No Public Records
•No Collections
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Commercial Real Estate, Business Acquisition, and Hotel/Hospitality Loans Up To $5M. Consolidate Unsecured Debt Up To $1.5M. Over 10-25 Years
Requirements:
• Minimum 650 Credit Score
• Upward Trending Business Revenue Over The Past 3 Years
• Have Not Filed For Bankruptcy Over The Last 7 Years
• No Felony Convictions
Documents Needed:
• 3 Most Recent Years Of Personal Tax Returns
• 3 Most Recent Years Of Business Tax Returns
Hard Money and commercial real estate mortgages 100,000 and above Nationwide USA
Construction and development loans 1,000,000 and above