CRITERIA For Venture Capital
Our Venture Capital Division consists of an extensive database of over 5,000 Potential Investors from a wide diversity of industries and countries. A Venture Capital firm is generally a private partnership or closely-held corporation funded by private and public pension funds, wealthy individuals, endowment funds, foundations, corporations, foreign investors, angel investors, etc., and the Venture Capitalists themselves. These firms will fund start-up ventures, often well before anyone else would be willing to invest. In exchange for these funds, the firms often take an active role in running, or at least overseeing, the venture. These Venture Capital Firms help finance many start-ups and earn staggering amounts of money for their investments. Documents Needed: One Page Project Overview, Investor Ready Executive summary, Investor Ready Business Plan which includes all needed Financial Statements Other documentation may be required such as PowerPoint Presentation (aka a Slide Deck) and a Private Placement Memorandum(PPM). Typically there is no income or asset verification but limited due diligence and thorough research into the business model of the company as well as risks involved will be assessed by IRA.. Terms: A certain percentage of equity in the Company must be given up. Sometimes Venture Capitalists like to be placed on the Board of Directors or have an active role in the management of the Company.
CRITERIA For Angel Investors:
Our Angel Investor Division is actively involved with numerous Angel Investor Groups across the nation. Angel Investors are willing to provide funding for start-up businesses without asking for a large equity stake in the growing business. Angels differ from traditional Venture Capitalists in another significant way, while conventional Venture Capitalists typically invest relatively large sums of other peoples money, Angel Investors often contribute relatively modest amounts of their own money to businesses very near the beginning of the start up cycle, even in some cases providing seed capital. Documents Needed: One Page Project Overview, Investor Ready Executive summary, Investor Ready Business Plan which includes all needed Financial Statements Other documentation may be required such as PowerPoint Presentation (aka a Slide Deck) and a Private Placement Memorandum Typically there is no income or asset verification but limited due diligence and thorough research into the business model of the company as well as risks involved will be assessed by IRA.. Terms: Typically, a certain percentage of equity in the Company must be given up.
CRITERIA For Commercial Loans:
Our Commercial Loan Division is providing resources for acquisition, development, construction, hard money, bridge, mezzanine, and permanent financing for commercial real estate projects. Documents Needed: Minimal Documentation -Typically no income or asset verification. Personal guarantee may be required. An Investor Ready Executive Summary and an Investor Ready Business Plan with Financial Statements is usually required. Terms: Up to 30 year amortization – Adjustable or Fixed Rate. LTV: Up to 90% Loan to Value.
CRITERIA For Hard Money Loans
Our Hard Money Lenders specialize in hard to place short-term real estate-secured loans including commercial, construction, bridge, land acquisition, development, residential (in selected areas), raw land and other real estate related loans. Loan sizes will range from $250,000 to No-Limit. We can deliver term sheets within 48 hours and closings in as little as 10 days. Docs: Minimal – Typically no income or asset verification. An Investor Ready Executive Summary Terms: 6 Months to 3 Years With Extension Options Available LTV: Up to 80% of Quick Sale Value Interest Rates: 8% – 14% Accrued Interest No Prepayment Penalty
CRITERIA For Start-up Loans – Personal & Unsecured Loans/Lines:
Are you seeking from $10,000 to $250,000? Approval amounts and interest rates are based on personal credit history. No Collateral or Equity Required. RATES: Prime +2% -9% TERMS: 24-84 Months
CRITERIA For Asset Based/Working Capital Loans:
Borrow up to $3,000,000 collateralized by your company’s assets, such as accounts receivable, inventory, equipment and in some instances, real estate. TERMS: 12-60 months, with renewal provisions.
CRITERIA Equipment Sale-Leaseback:
Borrow up to $1,000,000 utilizing the equity in your used business equipment! Get funds from the equity in almost any existing asset you own. Your equipment is purchased from you paying you cash… then simultaneously leased back, without ever leaving your premises. RATES: VARY TERMS: 36-72 months
CRITERIA For Visa/MasterCard Advance in 48 Hours:
Does your business have monthly Visa/MasterCard sales of $10,000 or more? If so, you can receive a lump sum cash advance, in exchange for a simple and efficient repayment process. Cash is available for any purpose and all industries are accepted. Build your business credit with fast approvals. No business plan, collateral, tax return, or minimum credit score is required.
CRITERIA For Accounts Receivable and Purchase Order Factoring:
Secure a line of credit up to $2,000,000 by unlocking your businesses most valuable asset… Cash Flow! Savvy owners use their invoices or credit card receipts as collateral. Turn your unpaid receivables into cash every 48 hours. Start up Companies Accepted. Personal credit not considered as a factor. ADVANCE RATE: Up to 90% of advanced against your invoices FACTOR FEE: 2% to 4% of funded amount depending up volume.
CRITERIA For Home Equity & Real Estate Re-Financing:
Take advantage of today’s low rates. Borrow up to $150,000 cash for your business utilizing the equity in your home. Non-conforming borrowers, with less than perfect credit accepted down to 525 Beacon. TERMS: Up to 30 year amortization on loans and 10 years on Lines of Credit RATES: Fixed or Adjustable
CRITERIA For Note Financing:
If you hold a note that provides an income stream, we help turn that note to Cash Now, rather than waiting on monthly payments.
CRITERIA For Equipment Leasing:
Equipment Leasing to $2,000,000. 100% Financing – 100% Tax Deductible. 1 day approvals. Leasing provides 100% financing on all types of equipment, new or used.
CRITERIA For SBA Loans:
Expand or purchase a business. Our small business administration loans are issued from a number of different SBA approved lenders and partially secured by the government, offering low rates and long terms.