Have you ever applied for small business funding? Then maybe you have encountered some of the following that our clients have shared with us as well:
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-It was a 4 month daily payment
-You applied once, and got called 35 times the next day
-You were told if you did one option, a new "dream" option was available in 30 days? Then it was discovered to be a lie?
-You got your credit ran 6 times, when they said it was a soft pull?
-The guy that called kept pressuring you
-Everything that came out of the guy was a LIE?
Well, now we have a new scenario. The current covid situation threw lending into a tailspin, the PPP program was laced with issues, and numerous small business owners were left in the dark.
Our signature program for our clients, the merchant cash advance consolidation has RETURNED.
We can also work with our revolving lines of credit again! 650 credit and 2 years in business required with no huge revenue drops in March and April.
*MONTHLY payment (there is no daily, weekly or bi-weekly, its monthly ONLY).
*Use of interest rate vs. rate factor, YOU control the cost of your funding based on when you pay it back.
*Long terms bring MONTHLY payments to a low, manageable level. Gain the flexibility of having a minimum monthly payment, with the option to pay over to get your balance down. Does your cash advance allow that?
*Reports to business credit, which is critical for traditional funding. Your cash advance broker most likely said that daily payment reported, but that was a lie.
*Approvals based on credit, and average daily balance. Not deposits or number of deposits.*Fund in 1 day, no financials needed. No need to dig up P/L, balance sheets, tax returns, get declined for showing a loss. This is not part of the process.
*No restrictions on use of funds, unlike PPP which is an audit magnet.
*Rates vary based on credit, we will give you an exact ballpark on your consultation based on information you provide. This is alternative funding, these are not cheap, they are meant to be paid early to avoid costs, and best used to reduce the debt stress from cash advances you have received prior.
This program is restricted to certain states, if you are seeing this, you are in the correct state. Certain industries will not be approved at this time. We will be happy to give you the information on your scenario during your consultation.
Strong Capital Funding has nothing but positive reviews online, we take a no games approach and will give you all information UPFRONT. Check us out for the social proof, see what others say:
Reach out today by phone at 602-691-5131 / Kelley / or via our website www.strongcapitalfunding.com
Please note, we always make it very clear we are NOT a lending institution, we are a consulting company who charges NO fees to our clients, we work with a lender that offers the above mentioned program. If you are a broker or working on behalf of a client, please do not reach out. No harm intended, but we have found these situations to be high risk and we do not work with other funding companies.