for a no doc business loan to grow your small business.
is a recap of our program as well as a link to
apply via our simple confidential application (For added security,
there is no need to give us your Social Security number).
Simple Process to apply:
our simple Stated Income, aka No Income Documantation
pre-qualification form (No up front fees)
do our best to pre-qualify you for a line of credit to grow
up to $150,000 in as little as 15 days on our no doc commercial
entity with EIN # that's been in business at least 2 years
credit, generally 720 or more mid
score (If you aren't quite there, we can refer you to one of our
partners that can go lower)
If you feel you don't qualify or have been turned down or approved
for much less than you need, we have another program (hard money
business loans) where your personal credit does not factor in our
approval. Loans up to $400,000 based on your cash flow. And while
term business loan program isn't a no doc program, it's a simple
doc secured program based on your business credit a 1 page application
and 6 to 12 months of bank statements. Give us a call and we'll
have a specialist get in touch with you right away.
Program Is No Longer Available - Sorry
to the personal credit bureaus
rates as low as 8.99% and 0% the first 6 to 12 months!
Program Is No Longer Available - Sorry
Frequently Asked Questions
Exactly what can I use your Unsecured Business Credit Lines
Our unsecured business credit lines can be used for pretty much
anything for your business, but are effectively used to overcome
short term capital requirements, which we define as a Zero to Eighteen
month payback time-frame. Here are some examples: Marketing campaigns,
expansion, and flipping real estate.
Will I need to show any personal or business income verification?
Generally no. However, if your business has already experienced
growth and profit, we have full doc products totaling over $250,000,
allowing your business to leverage unsecured funds to continue expansion.
What if my business is just getting started; can I still
get unsecured credit for my business?
Absolutely! We offer products specifically for Start-Up companies.
If you've been in business for less than two (2) years, you may
still qualify for up to $75,000 in unsecured business capital.
Will your Unsecured Business Credit Lines report to the
personal credit bureaus?
Never! We guarantee that all business credit lines you acquire
through us will not report to the personal credit bureaus, unless
you begin missing payments and default. You may draw on the entire
balances of these lines without fear of bringing down your personal
If my personal credit isn’t great, can I use a co-signer?
We accept co-signers. If you have someone with stronger credit
than you and they are willing to personally guarantee your business
credit line, we will help you so you're able to utilize your co-signor
to acquire capital for your small business.
Are business credit cards a Unsecured Business Credit Line?
Yes, a business credit card is one of the most common forms of
unsecured commercial credit. While the format of the credit line
causes most business owners from obtaining them, our trained professionals
teach our clients how to draw on the lines efficiently, so that
they may be used like a check-book line of credit, without paying
rediculous cash advance fee’s. While credit cards are often
stigmatized by the public by begin associated with bad-debt, we
coach our clients to creatively utilize these source of cash to
grow their businesses faster than their competitiors.
Problems With Small Business Financing
business financing has completely changed in the last 20
years or so. Small town banks used to seek out small businesses
to help them grow with good financing. I remember vividly, banks
actually having relationships with small businesses, and even with
individuals as opposed to just being a number and someone to charge
fees to left and right.
It seems like
all the banks want now is to loan money to big businesses and for
credit cards with rates that quickly jump to 20 to 30 percent or
more, often for little or no reason. Worse even, they often really
aren’t interested in making loans to anyone. This is particularly
true with the bigger banks. Many of them just take the ridiculously
low rates on loans from the Federal Reserve and buy U.S. Bonds and
play the nice easy spread. Of course, many of the mega banks invest
like a casino where they know they have a backstop, namely the Government
or Federal Reserve and ultimately the U.S. taxpayer. Must be nice.
Meanwhile, small businesses are starved of capital and this is where
most jobs are created.
a small one to 20 person small business to do? Many of the small
firms borrow against their home or use credit cards to finance critical
purchases. Not only is this type financing for a small business
the most expensive loan for this purpose, it affects their credit
and the interest, unlike with a real small business loan
isn’t deductible except on some home equity loans (pretty
much extinct now). That’s where our new no doc, unsecured
small business loans come in. You aren’t putting
any additional liens on your home or other assets. They are real
business lines of credit.
If you need
capital to grow a small business, check them out. They might be
just what you need to take your small business to the next level.
It costs nothing to apply for a small business line of credit.
you're looking for a loan or line of credit to start a business,
check out our LOC to start a business video below. For an interesting
article on Bankrate on small business loans, go to small