"To qualify for initial cash funding a business owner will need to have one of the 3 Cs of lending which are either Collateral, Cash flow, or Credit. If you have one of these they might qualify for immediate funding. Below are more details on funding programs, terms, and qualification requirements"

1. Advanced Funding Program Cheat Sheet
The best client for the finance suite is a business owner who can funding. To qualify for initial cash
funding a business owner will need to have one of the 3 Cs of lending which are either Collateral, Cash flow,
or Credit. If your client has one of these they might qualify for immediate funding. Below are more details on
funding programs, terms, and qualification requirements. More funding program details are also available in
the training document Business Funding Suite Overview.
Unsecured Credit Lines/ Cards
Business Revenue Lending
Collateral Required
Collateral Required
Good personal or business credit
Consistent revenue verifiable on bank statements
$10,000-$150,000
$5,000-$500,000
Revolving credit cards
3-18 months
5-29% APR, 9% funding fee paid after approval
10-45%
Excellent personal credit required, no late payments or
derogatory credit within the last 12 months can be on
personal credit now, no open collections or bankruptcies,
less than 2 inquiries in the last 6 months on consumer
credit report
Approval amounts are typically 5 times the amount of
their existing highest limit credit card now, must have
open credit cards with balances below 30% of their card
limits
Application, credit monitoring login credentials
Loan Amounts
Loan Amounts
Term
Term
Rates
Rates
Credit Requirements
Details:
Deal Submission requirements:

2. 500 credit score or higher, no bankruptcies
No credit score requirements to qualify
650 FICO scores or higher
Business must earn $10,000 in monthly revenue, must
be in business for 12 months or more (6 months possible
with compensating factors), business must do over 10
transactions each month, financial services industries are
prohibited, damaged credit is acceptable
Receivables must come from another business or
government agency not an individual, business must be
open for at least 1 year to qualify, medical receivables
can qualify along with construction and conventional
receivables
Application, 6 months business bank and merchant
statements
Application, breakdown of existing receivables, sample
invoice
Credit Requirements
Credit Requirements
Credit Requirements
Details:
Details:
Deal Submission requirements:
Deal Submission requirements:
Account Receivable Financing
Private Equity
Collateral Required
Collateral Required
Account receivables
20% of loan amount required as collateral
$5,000-$20 million
$250,000-$100 million
Up to 80% of receivables can be advanced within 24
hours, 20% minus lender’s fee is released once actual
invoice is paid
Revolving lines of credit and loans available
1.25-3% discount. 4% fee is common
8-18%
Loan Amounts
Loan Amounts
Term
Term
Rates
Rates

3. 500 credit score or higher
580 or higher FICO score
Business must bring in $5,000 or more monthly in credit
card sales,typical approval amounts equal to one month’s
credit card processing volume
Equipment financing, leasing, heavy equipment
financing, and equipment sale-leaseback are available
Loans and credit lines available
Application, 3-6 months bank and merchant statements
Application, details on equipment being financed
Application, 2 years business tax returns, personal credit
report
Credit Requirements
Credit Requirements
Details:
Details:
Details:
Deal Submission requirements:
Deal Submission requirements:
Deal Submission requirements:
Merchant Advance
Equipment Lending/ Leaseback
Collateral Required
Collateral Required
Credit card sales
Existing equipment, or new equipment business wants
to purchase
$1,000-$500,000
$10,000-$2 million
3-18 month term, revolving line-of-credit also available
12-48 months
10-45%
5%-21%
Loan Amounts
Loan Amounts
Term
Term
Rates
Rates

4. 500 FICO score
630 FICO score
No penalties for roll-over
Fixed payment paid twice monthly
Application, copy of 401k statement
Application, 3 months bank statements, 2 years financial
statements, 2 years business tax returns, most recent
personal tax return
Credit Requirements
Credit Requirements
Details:
Details:
Deal Submission requirements:
Deal Submission requirements:
401k Financing
Alternative SBA Financing
Securities Financing
Qualified Requirements
Collateral Required
Collateral Required
401k or IRA
None required
Stocks, bonds
Up to 100% of what is in their 401k
$50,000-$500,000
up to 90% of value of stock or bonds
5 year loan
2-4 years
500 FICO score
Prime +2, usually 4-6%
8-25%
2-5%
Loan Amounts
Loan Amounts
Loan Amounts
Term
Term
Term
Rates
Rates
Rates

5. 520 FICO score
Most stocks and securities accepted
Application, copy of securities statement
Credit Requirements
Details:
Deal Submission requirements:
Inventory Financing
Collateral Required Inventory
$150,000-$500,000
Revolving line-of-credit
2-5%
Loan Amounts
Term
Rates
520 credit score or higher
Must have $300,000 or more in inventory to qualify, loan
amounts as high as 50% of inventory
Application, list of inventory
Credit Requirements
Details:
Deal Submission requirements:
No credit score requirements to qualify
A business can obtain a letter-of-credit for up to 95% of
the order, cannot be for unfinished goods
Application, copy of purchase order
Credit Requirements
Details:
Deal Submission requirements:
Purchase Order Financing
Collateral Required Purchase Orders
$5,000-$25,000
Up to 95% of purchase order can be advanced, 5% less
fee is released once actual invoice is paid
1-4%
Loan Amounts
Term
Rates

6. 720 FICO score or higher, no BKs or tax liens
Business must have revenue more than $350,000 to
qualify, credit lines typically do not exceed 10% of annual
sales
Application, 2 years business tax returns, resume,
business plan, current P&L, 4 months business bank
statements
Credit Requirements
Details:
Deal Submission requirements:
Enterprise Unsecured Credit Cards and Lines
Collateral Required Good personal credit
$50,000-$250,000
Revolving line-of-credit
5-30%
Loan Amounts
Term
Rates
620 FICO scores or higher, no BK in the last 4 years
For profit companies only, positive trends in sales
growth,, financials required for qualification, SBA 504
and 7a programs available, can be used for working
capital or real estate purchase
Application, 2 years business tax returns, resume,
business plan, current P&L, 4 months business bank
statements
Credit Requirements
Details:
Deal Submission requirements:
Enterprise SBA Loans
Collateral Required Collateral must be 50% of loan amount
$200,000-$12 million
10-25 years
2-2.75% + prime rate, 3-5 lender points
Loan Amounts
Term
Rates

7. 660 FICO score or higher
Can get 100% of funds to purchase and rehab property
Application, summary or work needed done, home
inspection, appraisal, two years of business tax returns,
contract, 3 months bank statements, 3 months pay stubs
Credit Requirements
Details:
Deal Submission requirements:
Rehab Financing
Collateral Required Residential investment property
$25,000-$250,000
Loan-to-value up to 65% of after-repaired value
8%-18%
Loan Amounts
Term
Rates
650 FICO score
Conventional, SBA 504 available,
Application, 2 years business tax returns , appraisal
Credit Requirements
Details:
Deal Submission requirements:
Commercial Real Estate
Collateral Required Commercial real estate
$75,000- $20,000,000
Up to 55% loan-to-value for refinances, up to 65%
loan-to-value for purchases, 20-30 year loans
4-8%
Loan Amounts
Term
Rates
Sign Financing
Collateral Required Commercial signage
$1,500-$50,000
3-12 months
Loan Amounts
Term

8. 620 FICO score or higher
All types of signs qualify, new businesses can qualify,
security deposit equal to 2 months of payments typically
required
Application, sign invoice
Credit Requirements
Details:
Deal Submission requirements:
Wrap Financing
Collateral Required Vehicle wrap
$1,500-$15,000
3 to 12 months
Loan Amounts
Term
600+ with Strong references
Loans under 250k don’t require financials, financing
above 250k does require business financials
Credit Requirements
Details:
Floor plan Financing
Collateral Required Floor plan of vehicles
$25,000-$250,000
Revolving line-of-credit
9.5%
Loan Amounts
Term
Rates
620 FICO score or higher
Any business can qualify, security deposit equal to 2
months of payments typically required, automobile
wraps only
Application, graphic wrap invoice
Credit Requirements
Details:
Deal Submission requirements:
8%-12%Rates
Application, 2 years business tax returns, current and
prior income statement and balance sheet, current
personal financial statement
Deal Submission requirements:
8%-12%Rates

9. 520 FICO or higher
Only available for insurance agents
Credit Requirements
Details:
Book of Business Financing
Collateral Required Book of Business
borrow 2-3 times annual renewal commissions
3-10 year loan
4-9% + prime rate
Loan Amounts
Term
Rates
Application, summary of existing renewablesDeal Submission requirements: