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Liz Rusell's Alt.Capital Loan Products Hand Out
1. alt.Consulting is an Equal Opportunity Provider and Employer
For more information, contact
Liz Russell Deborah Temple
liz@altconsulting.org deborah@altconsulting.org
(501)307-7833 (870)403-3285
Business Basic Loan Business Breakthrough Loan
Loan Range $500 to $1,000 $500 to $50,000
Maturity 1 year Up to 7 years
Interest Rate 9.625% to 11% 8.5% to 11%
Use of funds Working capital, equipment Working capital, equipment, real estate
Collateral Personal guarantee Collateral and personal guarantee
Fees $50 closing fee plus costs Closing fees and costs vary
Use of Funds Business purpose; cannot be used to pay existing debts or loans;
cannot be used to pay owner(s);
Benefit 15 hours of free managerial
assistance; completion of
managerial assistance and
satisfaction of debt qualifies
borrower for consideration of a
Business Breakthrough Loan
Earned interest rate reductions; low-cost,
high-value management consulting services
Eligibility
Current on all federal debt including taxes and student loans
No federal liens or judgments
Current on all child support
No open bankruptcy
Must be a legal business
In business for at least 3 months and have demonstrated sales.
Must meet target market eligibility and industry eligibility defined here:
http://altconsulting.org/small-business-loans/
Earned Interest
Rate
Reductions
N/A Ask how you can earn up to 2% reduction in
your interest rate.