Low Cost Working Capital for Start-Ups & Seasoned Businesses

It is well known that merchant capital loans are not inexpensive, often with rates in the teens and higher; but when emergencies hit, they come in handy. Getting capital from your existing equipment through a sale/leaseback also has its’ downside and will take some work by requiring certain documentation and fees. How else can a growing new business get much needed working capital to expand?

We are happy to introduce an updated program for start-up entrepreneurs and established small businesses offered in the form of a credit card with zero percent interest the first year with a low one-time fee which is significantly lower than other working capital loans. Plus you can transfer that credit card approval to your business account and still pay zero interest the first year; this is maximum flexibility to benefit the business owner with no justification needed on what you will use the money for.

Key Features:

• Funding amounts range from $10,000 to $150,000 with $50,000 being the average amount approved
• The ability to transfer funds from the card to your checking account while maintaining 0% interest making the card into a line of credit facility
• Ease of approval based on credit score and cash flow through personal or business accounts
• After the first year, if the card is paid off there is no obligation to keep it, after that interest rates will vary from 8%-22% as with most standard credit cards
• Unsecured working capital

What Will It Cost Me?

• Approvals less than $35,000, the fee is a one-time 11.99% of the approved amount
• Approvals over $35,000, the fee is a one-time 9.99% of the approved amount

What are My Requirements?

• Credit score of 680 or greater
• No revenue requirement
• No bankruptcy, liens or judgments
• No current credit card with over 35% usage
• Home ownership not mandatory but will yield a higher approval amount