Every business owner will tell you there is no better debt financial instrument than a Line of Credit. It's on standby when you need it and you only pay interest when it's being utilized. It also has…

[Linda Wintersteen]

Every business owner will tell you there is no better debt financial instrument than a Line of Credit. It's on standby when you need it and you only pay interest when it's being utilized. It also has a "No Pre-payment" penalty component that term loans and Merchant Cash Advance/daily payment loans don't offer. ​ ​Banks offer Lines of Credit that are secured by assets such as cash, real estate, marketable securities and accounts receivable. I have one private lender who offers an LOC secured by investment/commercial real estate collateral.
​
​For those business owners who don't have collateral, .Here are the advantages this unsecured Line of Credit offers
​
1. Get approved within an hour (this is real...have done this for clients multiple times}
​2. Next day access to draw down on their LOC
​3. Lender offers two options:  monthly or weekly payments
​4. This is a "true" LOC...only pay interest on the funds you drawn down to use for
your business
5. LOC up to $250,0006. Soft credit inquiry...no reduction in credit scores due to a hard inquiry. 

Time in business: 1 year
Application requirements: a simple 1 page app & your last 3 months
of business bank statements...no Tax Returns or company Financials. 
Credit score: 600 minimum
1.Deposit activity minimum: $20,000 per month in your business banking account.
Available in all states except: NV ND SD
2. Businesses not eligible: gambling, auto dealers, political campaigns, legal/illegal substances, adult entertainment, firearms, NFP's

Linda J Wintersteen
602 330 1598

[Linda Wintersteen]

A few of my products that I have

The Market's most competitive 30 year fixed, low-doc rental property mortgages:
 
   1.  Rates in the 7% to 9% range 
  2.  Low-Doc: No tax returns nor Financials
  3.  Property must be rented…the lease is used for debt ratios
  4.  Purchase and Rate & Term Refi’s up to 80% LTV
  5.  Cash-out Refi’s at 75% LTV
  6.  Minimum property value of $100,000
  7.  620+ credit score
  8.  Close in 3 weeks if appraisers aren’t over-booked
  9.  Excellent for refinancing recently rehabbed property
     (properties owned less than 6 months may increase rate)