Bridge Loans

Bridge Loans

Now Funding CONSTRUCTION and TRUCKING Industry Bridge Loans!

This bridge loan is unique, basing approvals solely on the last 3 bank statements and a signed application. We are looking for businesses that have very little or no assets to pledge to get working capital. Credit is not a problem. Industry type is not a problem.

PRODUCT: Unsecured Bridge ACH Product

ITEMS REQUIRED FOR ANALYSIS: 3 months most recent bank statements and current online printout of their bank account.
MINIMUM NSF PER MONTH: 5 days in a month
MINIMUM DEPOSIT PER MONTH: 6-8 deposits
MINIMUM GROSS DEPOSITS PER MONTH: $15K per month

CREDIT PROFILE: 500 FICO+ Open Bankruptcies are fine if debt obligations and arrangement are being met.

ADVANCE FACILITY: No minimum or Max Amount. Approval amount is 15-20 percent on (3 months average deposit) to start in first round and up to 50 percent in later rounds of financing.
RATE:
1.40 for bridge ACH product

TERM: 2-4 Months
MINIMUM TIME IN BUSINESS: 6 months.
PAYMENT STRUCTURE: ACH daily remittance-8 to 10 percent holdback of daily deposits. Payments are not fixed and are withdrawn daily (based on deposit amount) Monday thru Friday (E.g. If a merchant does $10K, then the daily payment is $1K). Any weekend deposits will result in that remittance collected along with Monday’s deductions.

 

Get funded in 7 business days!


Call (888) 789-4365 Or Click Below To Apply!


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© 2013 Liberty Capital Group, Inc. Business Working Capital, Equipment Leasing Company, San Diego California.
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