Restricted industry business loan – Quick restricted industry business loan



Restricted Industry Business Loan

Tel: 919-771-4177
Choose the link above to get a restricted industry business loan with alternative financing options that will let a business get funding based on their gross sales, equipment assets, receivables or other financing options. Up to 120% of Gross monthly revenues, or can be obtained. Up to 75% of the current value of any Computer electronic equipment, machinery, or medical equipment. To qualify, businesses provide their most recent 3 months complete Business checking account statements or an updated equipment list for this Restricted industry business loan program.
Click on the link above, click on “Contact Us” or “Application”
If your business has $15,000 or more per month in sales, an average balance of $3,500 or more, and 5 deposits per month or more, or free and clear equipment, it has an outstanding chance of being approved.
Restricted Industry Business Loan features:
– No application fees or upfront charges
– Just a 1 page Mini application
– No conditions for how the Restricted Industry Business Loan capital is used
– Get up to 125% of Monthly Gross Receipts on a Credit Line
– Flexible restricted industry business Loan approval requirements
– No collateral or financial statements required
– Flexible credit requirements

All you need is the one page application and your most recent 3 months business checking account statements and equipment list and we will have a decision between 24 and 72 hours. Use your general sales or equipment to get the business a working capital line for any purpose. Applying is fast and easy. The entire process takes only 5 to 8 business days to funding. Just about every company has gross sales, gross sales or accounts receivable, so just about every company will prequalify.

Repayment terms range from 3,4, 6, 9, 12 to 18 months for the gross sales funding, and 24, 36, 48 or 60 months for the loan against equipment. Other options have similar terms. Most businesses are approved for the 6 or 9 month bank statement loans terms and 36 or 48 months for the loan against equipment. If receivables financing is approved, the financing typically happens on a monthly basis. The line size of these restricted industry business loans depends upon the figures in the bank accounts and the type and amount of equipment and receivables they have. Those factors include the total monthly deposits, the average daily balance, the number of deposits per month on the revenue side, the age and value of the equipment on the equipment side, and age of the receivables.

Sample restricted industry business loan:
Philadelphia glass has gross sales of $250,000 per month. They provide their most recent 3 months business checking account statements along with the one page equipment list and application. They are approved for a $150,000 line against their sales and $100,000 against their equipment, with a 12 month and 48 month term. They agree to the terms and documents are E-Mailed to them. They complete the documents and Fax the completed documents back. A quick verbal confirmation is completed with the customer and funds are wired into the customer’s business account in 48 hours.

Frequently asked restricted industry business loan questions:

Question: What can I do to get a higher amount for the restricted industry business loan? Answer: If the balances are higher over the course of 6 or 12 months, and if you have more equipment, then you should provide more months of statements or a more extensive equipment list as this may allow for a higher approval amount. Also, if your business has significant accounts receivables, then it should complete receivables financing, as this is the most flexible program that does not restrict the financing by industry.
Question: Does the financing show up on my credit? Answer: It does not show up on your credit unless the line goes significantly past due.
Question: Once the line is paid off, what do I need to do to borrow again?
Answer: Just provide the most recent 3 months updated statements again, verify that the equipment list is current, and a new line will be authorized. In many cases, higher amounts will be approved. Many customers end up with a line that is multiple times the amount they were originally approved for.
Question: Will we get approved?
Answer: If your business has more than $15,000 per month in sales, your business has an excellent chance of getting approved. Just have five deposits or more per month and an average balance of $3,500 or more.
Question: How long does the process take? Answer: The entire process takes approximately 5 to 8 business days.

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