Most business owners go to their bank when they need money.
As many entrepreneurs are now discovering, banks have really tightened up their lending guidelines making it harder than ever to be approved. This is one of the main reasons that you want to check for financing with a company that offers you multiple finance options. The truth is there are billions-of-dollars ready to lend right now for you and your business. But much of the funding that is available cannot be secured through a conventional bank. Factoring companies, credit unions, merchant companies, private and angel investors all have money to lend to you right now. But if you are not sure exactly what type of financing you need, it is tough to know where to look. For example most business owners don't know about Business Revenue lending, or Purchase Order or Account Receivable Financing, or Equipment lease backs or merchant advances. Most banks do not offer these types of financing options. And unless you knew exactly the type of financing you are looking for, you would not know these options exist. Our business finance suite was designed to fix this problem. The finance suite hosts thousands of lending institutions with money to lend to you and your business. Every kind of legitimate financing option that is available today can be obtained through the funding suite. Thousands of banks, credit unions, private investors, factoring companies, merchant advance companies, and more are all available in one place. This kind of access insures business owners will be approved for the financing they seek. Having access to thousands of lending sources insures you can be approved for the funds you want for your business. And having access to finance options allows you to obtain funding based on the strengths of your business, giving you a significantly greater chance of being approved.
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Securities Based Loans are an excellent source of funds for someone who holds publically traded stocks. Securities-based lending is generally involves a revolving line of credit that uses your eligible investment portfolio as collateral. This funding option permits you to access funds without immediately liquidating your portfolio. This gives you the ability to access liquidity while maintaining your portfolio's current exposure to the market. You will continue to receive the benefit of any dividends, interest or capital appreciation that may accrue in the account. Some of the other main benefits of securities financing include: * Interest rates range from 2% to 4.5%, fixed, interest only payments * Loan periods up to 10 years * Loans are NON-recourse, and not recorded * Borrower retains full beneficial interest (dividends, appreciation, etc.) * Funds may be used for virtually any purpose, anywhere in the world * Borrower's nationality and residence can be anywhere in the world This is a non-recourse, non-recorded loan and the lender cannot come after you personally nor report you to the credit bureaus in case of non-payment. If you default, you get to keep the money, and the lender gets to keep the stock as the sole remedy. At the end of the loan period, the borrower will receive back from the lender the same number of shares originally pledged as collateral, which automatically includes any appreciation as well. This is a great option for many business owners, especially foreign nationals, borrowers with limited or undocumented income, and there is no credit check so you qualify even with challenged credit. And Securities Based Loans are 1 of many funding programs i have available for you. Call us today and we can discuss your needs at 888-684-8750. Overcoming the "I Don't Have Enough Money in my IRA" Challenge
If you have an IRA or are interested in self-directed IRA investing, but don't think you have enough money to make an investment - this checklist is for you! Discover 10 different ways you can potentially partner on a deal with your IRA and you will see there are still opportunities to help build wealth for retirement. This exclusive free download will showcase several tactics that can take the excuse "I don't have enough money to self-direct my IRA" and throw it out the window. Many investors give up on alternative investment opportunities because they don't think they have enough money to get started. If self-directed IRA investing seems right for you, this free checklist can help you get started. Special Bonus Inside: Discover how you can get a 50% discount on accounts for your entire family! Call us and we'll tell you how to get it. One of our electrical contractor clients just secured $137,000 in account receivable financing! They were looking to get more of their profits re-invested into their business, but instead were waiting up to 90 days just to get paid on work they had done! So we secured $137,000 in account receivable financing so now they get 80% of their funds next day after their receivable comes in, instead of waiting months to get paid. And they get the other 20% less their discount when the invoice is paid. This has helped them get paid faster, increase their profit margins, and now they’re growing their business at a rapid pace! If you're tired of waiting for the money you are owed, call us to Cash Flow your business. 888-684-8750 As business owners we tend to rely on our bank when we need funding. The problem with this is banks only have access to limited financing options. And most financing options banks do offer look at all the business financials, the personal credit and assets of the owner, and other business factors such as revenue and assets. These loans, such as SBA insured loans, are tough to qualify for as all aspects of the business must be perfect to be approved. This is where I can help you. Many types of financing I have available for you will not look at all the business financials, or the assets or credit of the owner, or even the revenue and business assets. There are many sources of financing available that only focus on certain aspects of your business, not the entire business itself. For example Purchase Order financing is a way you can secure money for your business quickly. With this option a factoring company is only focusing on your outstanding purchase orders, and nothing else. The lender is more concerned with your ability to pay than yours, and the lender will even collect on the outstanding purchase orders for you. Your business and personal credit and assets don't really tie into the lending approval decision; they are mainly concerned with only your purchase orders. Account Receivable financing focuses on your receivables, Equipment Financing focuses on what equipment you own, Revenue Financing focuses only on your business revenue. These are only a few of many financing options that are available to you which focus only on certain aspects of your business, not your entire business. This makes it easy for you to obtain financing based on the strengths of your business, while insuring lenders ignore the weaknesses. Another benefit of having finance options is that your monthly payments can also vary. If you obtain a SBA loans, your payments are set on how much you must repay each month. So if you have a slow month, it might be tough to repay that loan payment. But many finance options limit how much you must pay back to how much revenue you are bringing in. For example you can obtain $50,000 through a Merchant Advance and you will be charged a small percentage on your future credit card sales until you pay back the loan. If your credit card sales drop in a month, so does your loan payment. So as your sales fluctuate so does your payment. Business Revenue lending works the same as it is based on your business revenue. If your monthly revenue drops in a month, so does your loan payment. I have a multitude of financing options available for your business. If financing is a consideration at this time, let's examine your options. If you have collateral you might qualify for business financing… even if you have challenged personal credit and no cash flow.
Acceptable collateral might include:
Call Us to see how much money and credit you can get for your business right now. Most people are familiar with how personal credit works. You start with no credit profile, get small credit cards to initially build your credit score, then as your credit grows you can use it to qualify for loans, auto vehicle financing, even mortgages. With business credit you can do the exact same thing. A business itself can also start with nothing, put small credit accounts on the report called “vendor” accounts to establish a score, then that credit can be used to qualify for loans, auto vehicle financing, even mortgages. Having business credit provides any business owner some major advantages. For one, with both personal and business credit built the business owner has double the borrowing power as the owner now has two profiles they can use to obtain credit. When business credit is built the right way, it can be built with no personal credit check or guarantee. This makes it perfect for credit challenged individuals, and those who want to eliminated their personal liability on their business debts. All too many business owners get into serious trouble, lose their personal assets, even file personal bankruptcies, all to get rid of business debt. With business credit this doesn’t need to happen as the business owner them self isn’t liable for the business debts, only the business is. That means in case of default, the lender couldn’t pursue the personal assets of the business owner. SBA states that business credit approvals are typically 10-100 times higher than consumer credit approvals. So another benefit of business credit is the business can obtain A LOT more money in approvals. And, business credit can be built quickly, much faster than consumer credit. It takes 6 months for an initial consumer credit score to even be established. With business credit it is very practical for a business to qualify for credit within 90 days or less, then build that credit to a point where the business is getting $10,000 credit card approvalswithin 6 months or less. Business credit is one of the strongest assets any business can have. Please contact us with questions during your business credit building process. BY: Jon Marion, CNBC
A change is coming to private investing markets, and it could revolutionize how small businesses are financed: unaccredited investors can start buying stock in start-ups. The JOBS Act took effect in 2012, helping pry open the initial public offering pipeline that was effectively welded shut in the wake of the global financial crisis, fostering millions of dollars of investments in burgeoning start-ups. The only ones left out of the equation were ordinary Americans. But based on President Barack Obama's speech, they probably didn't expect it. "Because of this bill, start-ups and small business will now have access to a big, new pool of potential investors — namely, the American people," Obama said at the signing ceremony for the act. "For the first time, ordinary Americans will be able to go online and invest in entrepreneurs that they believe in." For years, this portion of Obama's JOBS Act pledge went unfulfilled, as the Securities and Exchange Commission dragged its feet in the final stages of the regulatory process that would allow unaccredited investors to begin backing growing companies. As of Monday, it all changed. Title III of the Jobs Act has gone into effect, and with it, unaccredited investors are now allowed to invest alongside accredited investors (people with a net worth of $1 million, or who meet other income designations) in equity of start-ups — not just their products. In other words, ordinary Americans with a lower net worth are no longer excluded from the same investment opportunities as wealthier, accredited, investors. They're not relegated to being able only to back a Kickstarter project, to receive a product when it's complete. And that means Americans can take the same crack at a hot start-up's prospects as if they were Marc Andreessen, the Silicon Valley investor who has backed start-ups like Facebook(FB) and Airbnb. Prior to the rules change, investors could crowdfund for products like the Oculus VR headset, which took in $2.44 million in 2012, but didn't issue a share to its consumer-investors. Oculus, however, sold shares to Andreessen Horowitz, the investor's venture capital firm, which generated a reported eight-times cash return. There have already been crowdfunding successes for accredited investors like the ones that bet on Zenefits through online investment platform WeFunder, according to Nick Tommarello, who founded the website more than four years ago. One Zenefits backer, who bought in for $5,000, turned a profit of more than $1 million on the health-care start-up's stock by selling shares before its $4.5 billion valuation was hurt in a regulatory scandal. "Banks don't take risks and VCs only invest in hot start-ups," Tommarello said, adding, "but the expectation is probably that you're going to lose money." New prospective investors shouldn't expect outsized returns like the one Zenefits' early investors pocketed. Even supporters of crowdfunding are quick to point out that the risk profile of start-up investing is completely different than the stock market, and that the growing business is subject to separate regulatory requirements from companies listed on exchanges. " The level of information about an entity available to potential investors in crowdfunding ventures will be somewhat limited, and certainly less than a traditional investment vehicle would be required to disclose," said Mike Brodsky, a director in Deloitte Advisory's forensics and investigations group. "Investors considering purchasing securities through crowdfunding should not expect the same level of diligence." The regulation change is a historic one, but don't expect your average start-up stock trading platform (and, there are plenty) to look like — for example — a ScottTrade account. Start-up equity investing can still take plenty of forms, not just cash-for-stock, said Dara Albright, longtime proponent of crowdfunding. It may include debt deals, or a combination of stock and products — a hybrid of crowdfunding and actual investing. "This is going to change everything," Albright said. "We're going to see more creative types of investing." Unsecured revolving business credit lines are a smart way for you to grow and expand your business. Pay only on the credit you use making revolving credit lines a perfect financing source for your business. Plus revolving business lines can be used, paid down, and then reused making them very practical for any business owner. This gives our clients tremendous peace of mind to know that additional money is available if needed. The amount they approved for will vary based on your volume of business. You can secure a revolving credit lines/cards for over $150,000 with no financials needed to qualify, and credit lines up to $250,000 if you are showing business tax returns and financials. Some revolving lines do require collateral to qualify. Collateral can include accounts receivables, inventory, machinery & equipment, and even real estate. Other credit lines are available with limited to no financial documents needed to qualify. Most business revolving credit lines require a personal guarantor to be approved. This means that if business owner fails to meet the terms of the agreement they will be personally liable. Their personal credit will also be used to qualify for some revolving business credit lines. They can also qualify with a strong business credit profile and score. Through the business funding suite our clients can easily establish excellent business credit scores in less than 60 days. They can then use their newly established business credit profile and score to qualify for unsecured credit lines without personal credit being as much of a factor. Most banks have cut back dramatically on the funds they are offering to small business owners. As a result many owners have found it very difficult to obtain revolving business credit lines. Through the business funding suite our clients have access to the best revolving business credit lines available today with the most lenient personal credit score and documentation requirements. Our clients can easily and quickly get approved and receive their credit line in only a few weeks through their own funding suite. If your business needs capital then you should begin the process of growing your business with available cash at (888)684-8750. There is a massive amount of financing currently available for small businesses. Business credit is one financing type that works perfect for many businesses. The business can build its own credit score and profile and use that to qualify for business credit cards in the business name which require no personal credit check or personal guarantee to qualify. There are also unsecured credit cards and lines that consumers with good credit can qualify. It’s common to see approvals range from $50,000-150,000 on these accounts, and they work for businesses with no financials, even startup businesses can qualify. Over 80% of US businesses use Equipment financing to obtain equipment. Business owners can get financing, even leasing to help with the purchase of equipment, even heavy equipment. And business owners can also use equipment they already own as collateral and get cash back through an equipment sale-lease-back. Vehicle wrap financing is a specialized niche type of financing that gets business owners funding to put a graphic wrap on their vehicle. Commercial signage financing is another nice program that business owners can use to obtain signage for their business.Stocks and securities can be used as collateral for a business owner to obtain a line-of-credit up to 90% of the value of the stocks. Rates on these programs are the lowest of all type of business financing, even as low as 1.6%. Business owners with a 401k can use that 401k as collateral and get financing for up to 200% of the 401k value. Plus, rates are typically less than 2% for 401k financing. Merchant advances are another type of financing business owners can qualify for if they accept credit cards now. These are not loans, but actual cash advances against future credit card sales. Revenue lending is a similar program that uses future cash flow as collateral for financing. Even business owners with bad personal credit can qualify, and get approved within 72 hours or less in most cases. Business owners with account receivables can get financing within 24 hours at rates less than 2%, even with credit challenges. Account receivable financing is perfect for many industries including the medical and construction industries, and any other that has receivables with their customers. Companies can also get purchase order financing to obtain letters-of-credit to fulfill purchase orders.Inventory financing can be obtained to purchase inventory, or borrower against inventory a business owner already has and get a working capital line-of-credit. SBA offers two main programs that can really help business owners. Loans can be obtained up to 12 million dollars. SBA 7a loans are great for working capital, while 504 loans are perfect for real estate purchases. There are many private investors, crowd sourcing groups, and angel investors who also have money to lend. If a business owner has a make sense project and needs funds, sometimes private money is the best way to go when lenders say no. Business owners can also qualify for commercial real estate financing. Money can be obtained to purchase real estate, and cash-out refinances are also readily available.Business owners can even obtain auto vehicle leasing in their business name through many types of business leasing programs. Real estate flippers can take advantage of a very special program known as a house reseller program. With this financing can be obtained for 100% of the purchase and rehab costs of properties. There are a multitude of financing options a business owner has access to if they know what to look for. It’s also important to note that ALL of these programs, and many more, are available to clients through the Business Finance Suite. If you need to know or need to obtain money for your business you have come to the right place. Just call our office or email me for more information. dan@trevanaproperties.com (888) 684-8750 |
Dan GarciaTrevana Properties is a placement company working with a variety of hedge funds, REIT's, commercial banks, specialty boutique lenders, private investors and other funding sources not widely known to the general public. Archives
November 2016
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