Eazy Cash Loan - Business Financing / Product Guide / 2021
Finance Company Services, Small Business Startup Loan, Business Equipment Financing, Elite Customer Service, Business Financing and Fast Business Financial Funding
Eazy Cash Loan-Financing is an automat business financing platform built for performance. The technology allows for our clients to receive multiple lending options for their business needs. Each application we receive is analyze and funded by Eazy Cash Loan-Financing or we syndicate the loan with a close banking relationship who specializes in that specific lending niche. The approval/funding flow is simple and efficient, while our loan products are robust and the very best in class.
Loan Process Timeline Application – Platform Analysis/UW – Lender – Options – Acceptance – Funding
Working Capital / ACH Loan / MCA Loan
Small business working capital is technically defin (and calculate) bas on the amount of
your current business assets minus your current liabilities: The amount that remains is
considere your working capital.
Though the “right” amount of working capital for each small business startup loan varies base on their industry, sales cycle and supplier relationships, working capital is an important metric to proactively manage. in short, At Eazy Cash Loan-Financing, we’re commit to empowering business owners with access to the working capital resources, to ensure their small business startup loan stability through all the ups & downs.
Fast, flexible access to short-term funding is essential to the growth of your business. Our working capital products feature 3 to 24 month terms and fix daily, weekly and monthly payment options. Our extensive bank/lender network will approve almost every business with the proper amount of revenue and time in business
ACH Loan: An ACH Working Capital Loan is basically the same thing as a “Revenue Based” Loan. An ACH Loan bases the approval amount on the applicant’s last 3-6 months of gross revenue or bank deposits. A solid rule of thumb – if an applicant is depositing $20,000 monthly into their business banking account or has gross monthly sales of $20,000, their loan approval cap will most likely be $20K or 1X of their monthly bank deposits. Depending on the industry, time in business, business owner’s credit score and monthly revenue……the approval amount will come back between .5X to 1.25X.
Eazy Cash Loan-Financing’s MCA application requirements are designe, with the realities of the small business owner in mind. We don’t require high credit scores or a robust business credit history. Instead, our approval process considers a variety of factors, including project sales volume and sales history.
Eazy Cash Loan-Financing MCA’s are not actually a loan. Instead, You decide the amount of funding you need to access (up to your approve limit), based on monthly sales volume. Your repayment schedule is based on settle credit card and debit card transactions. Many Eazy Cash Loan-Financing clients opt to repay their merchant cash advance daily in small percentages, while some choose a weekly ACH transfer. (repay options are base on qualification guidelines)
Usage of Funds: Our customers use these funds for buying inventory, taking advantage of timely opportunities, handling emergencies, buying/repairing/Business Equipment Financing, managing payroll, increasing their marketing efforts, hiring additional employees, updating their office and much more. You never know when unexpect opportunities or costs will occur. It’s always wise to have funds available to protect and grow your business.
ACH / MCA Product Info:
Approval Amount: $3,500 – $2,000,000. 3 – 24 Month Pay-Back Terms. Approvals in 24 hours or less with proper documentation. Daily/Weekly/Monthly Payments – Paid via Automate ACH. No Personal Collateral. Funding Within 1-3 Days!
Must have owned business for 3+ Months. Being in business for 12+ Months will provide better options/terms. No minimum personal credit score. Above All, Monthly sales revenue of $7,000+ (Minimum average over last 3 Months). Minimal negative daily balances on primary business account. Positive Month ending balance – enough to handle future ACH/MCA payments. Sign Credit Application. 3-6 Months Bank Statements. ( We always ask for the last 3-4 months) Debt Worksheet (Document to see what other loans/advances the business has.)
Small Business Startup Loans
Small business startup loan are specifically design to provide working capital to small businesses. We are Best finance company services provider There are many different types of small business startup loan options available to today’s entrepreneurs. So, If you are unable to identify any specific problems you may need to re-evaluate your strategy. In short, To receive the maximum benefits from the Small Business Startup Loan you choose to use, it is extremely important that you have all of the details surrounding your new business plans in place.
Small business startup loan are a great option for those starting or expanding a business. In Other Words A Small Business Administration small business startup loan is a guaranteed loan, offered by the Small Business Administration. So When searching for small business startup loan, use the internet to help you find the right lender for your needs. For Example, Most government-back small business startup loan are administered through the Small Business Association, which partners with multiple lending institutions that in fact distribute the funds.
Methods of small business startup loan
There are two main methods of small business startup loan available through the SBA. The first method is called an unsecured line of credit. This process requires the business owners to pledge only their personal assets as collateral. The second method is called a secured small business startup loan. This type of loan requires the business owners to pledge property.
Both unsecured and secured small business startup loan can be applied for online. When applying for one of these loans, business owners will need to complete and submit an application that will be reviewed by a staff of professional loan officers.
Small business startup loan are a great way for new business owners to get started, but they aren’t meant for long-term use. For instance, Small business startup loan come with interest rates that are generally high, but finance company services are some that are very competitive. Of course one of the main advantages to using small business startup loan is that they give you a fast route to your desired success. However, like most things in life, you get what you pay for. You can find out more about small business startup loan by registering for a free small business startup loan guidebook
Business Financing / Advance Consolidation
When your small business has fluctuations in sales, needs to invest in inventory or equipment to support its growth, or experiences a delay in accounts receivable, a Merchant Cash Advance or Working Capital Loan can provide access to the funding you need — without requiring that you sacrifice your business’s cash flow. Similarly, A business financial statement shows what the sale of assets mean to each partner.
Most traditional lenders offering merchant cash advances consider only business applicants with an established credit history and years of documented performance. Likewise, many of the alternative lenders/brokers that advertise cash advance loans charge small business financial exorbitant interest rates, unreasonable terms and since the business is in a bind…..gets stuck with multiple advances.
If you are stuck in this type of situation, Eazy Cash Loan-Financing will pay off up to 6 other MCA’s. Example: You took out a $50,000 advance a year ago and have $20,000 remaining, but would like to pay off the existing $20,000 with an extreme APR and then get an additional $20,000. We would simply pay off your outstanding balance of $20,000 with your current lender and
structure a new advance with your newly approved amount of $20,000 – bundle into one single $40,000 advance, which only requires one single advance payment.
At Eazy Cash Loan-Business Financial Service, we offer transparent working capital and MCA solutions, which are design to support the needs of small business financial including startups that have been in business for as little as 3 months.
Consolidation Product Info:
Approval Amount: $20,000 – $2,000,000. 12 – 60 Month Pay-Back Terms. Approvals in 48 hours or less with proper documentation. Daily/Weekly/Monthly Payments – Paid via Automate ACH.
Personal or Business Collateral May Be Required.
Must have owned business for 12+ Months. Personal credit score of 500+ or have collateral to leverage. Most importantly, Monthly sales revenue of $20,000+ (Minimum average over last 3 Months). Minimal negative daily balances on primary business account. Signed Credit Application. 3-6 Months Bank Statements. (May need 6 Months – depending on consolidation.) Debt Worksheet – Mandatory. Real Estate Worksheet – Collateral – If Applicable. Facilities List Worksheet – Collateral – If Applicable.
Grow & Invest In Your Business
Some businesses have different needs, so they demand and deserve Business Equipment Financing with longer/better terms. Maybe you’re looking to remodel or expand. Maybe you have an opportunity to buy out a competitor. Our term loan will enable you to get the capital you need for your growth project, and take up to five years to repay. Therefore Eazy Cash Loan Business Equipment Financing Term Loan offers low rates and flexible terms, and does not require collateral.
Leverage the success of your business into a loan with better terms. For those business owners who have weather the storm for 1+ years, our term loan product was built with you in mind.Business Financial management involves the use of resources (cash), assets, liabilities and equity to achieve financial goals
Eazy Cash Loan-Business Equipment Financing offers easy to understand, award winning, credit products with customer-friendly features like no prepayment penalties, 1-3 year pay back terms, Weekly, Bi-Weekly and Monthly payments and highly competitive pricing with rates starting at 8.99%.
Our Term Loan was built to allow as both a reward and to be used as a tool for your business to grow. Business financial is the act of channeling funds from investors and savers to various entities that require it. Move or expand your working space: Give your business room to grow with a bigger office, new retail location, or more warehouse space. Refinance Debt: Convert high-interest debt into one monthly payment at a fixed rate you can afford, with no early repayment penalties. Buy inventory or equipment: Invest in new equipment and fulfill every order through bulk inventory purchases. Hire More Employees: Take your business to the Eazy Cash Loan level by expanding your team and adding new skill sets.
Term Loan Product Info:
$20,000 – $500,000. 1-3 Year pay back terms. To clarify, No pre-payment penalty. Interest rates starting at 8.99%. Application to Funding within 1-3 days. Weekly, Bi-Weekly & Monthly Payments. Use the funds for pretty much anything your business financing needs: SBA Bridge Loan, Expansion, Inventory, Payroll, Staffing, Marketing, Debt Restructure, New Equipment, etc.
Qualifications: 1+ years in business. 620+ personal credit score. $20,000 minimum monthly revenue. Signed application. 6 months most recent bank statements. Debt Worksheet – If Need
If you manage different products and need to maintain inventory, having cash at hand is essential. Likewise, Meeting the demand of your customers is vital to your profitability and business reputation. For instance, Running a business can put you in a position where you must make a purchase that is only offered for a limited time or has a short shelf life, requiring you to come up with an immediate capital solution. Aside from this, seasonal shifts in sales and supply volumes can take a toll on the working capital of a business. This can create a greater demand for more inventory than usual, which is why an inventory loan would be valuable to your business.
Many businesses experience cycles in their supply and demand, often referred to as the “busy” and “slow” seasons. For example, retail business tends to boom around the end of the year during the holidays, while travel-related businesses boom in the spring and summer. Busy seasons bring in large volumes of capital and customers, but they also require more inventory than what’s typically kept on hand during the rest of the year.
To avoid running out of inventory during peak season, inventory loans allow businesses to attain the supplies they need to keep up with fluctuating periods of demand in their industry. In Other words, Inventory loans can help a business take advantage of busy seasons so they can survive through the slow seasons.
Short Term Inventory:
Some products are available for a limited-time or in limited amounts. This means that some companies will be able to offer them to their customers, while others will not. In order to succeed over competing business financial, it’s imperative to secure your product quickly with access to readily available capital at short notice.
Similarly, some businesses in certain industries need to acquire a product that has a short shelf life. These products will need to be acquired, shipped and sold within a short time frame. Certainly, Inventory loans are designed to cover these situations so businesses don’t miss out on short term opportunities. They provide the necessary flexibility to keep up with competitors and maintain an edge on emerging trends.
Unsecured Loans to Finance Additional Supply/Inventory:
Contrary to a traditional bank loan that secures your product as collateral, an unsecured inventory loan with Eazy Cash Loan-Financing will have a shorter overall term with no collateral requirements. It’s important to maximize your working capital because the market is always changing and new and improved products are created every year. Unsecured inventory loans with Eazy Cash Loan-Finance company services are designed with this in mind, ranging from 3 to 24 months.
Line of Credit - Revolving
Manage your business with lines up to $250,000 and APRs as low as 13.99%
Flexible working capital
How it works: Draw the cash you need directly into your business checking account at any time. Only pay interest on what you draw. Pay back your balance early any time.
Use your line of credit to:
- Manage accounts receivable gaps
- Take advantage of new opportunities
- Manage unexpected expenses
Because of the cyclical nature of business, you may need to borrow money to meet your short term needs or goals. One commonly used option to obtain these funds is by securing a line of credit.
A line of credit is an arrangement with a Business financial institution that establishes a maximum loan the lender will allow the borrower to take. However, You can withdraw any increment from the line of credit at any time, as long as you don’t exceed the maximum set in the agreement.
A business financial line of credit is similar to a credit card, since you use it as you need it. You make payments on a regular, predetermined schedule, and you can borrow or use more as your principal is paid down.
How can I use a line of credit?
Many businesses utilize business line of credit loans to increase their working capital. Using this type of loan is a great way to bridge the gap between the tasks you need to do and the cash flow you need to get them done.
Is a line of credit loan a good fit for my business?
While it’s ideal to have savings to help your business equipment financing weather storms, the Eazy Cash Loan is best thing is to apply for a line of credit. Business Financial credit lines were designed to help you meet short-term cash needs, such as purchasing supplies or additional inventory or covering operating expenses. Essentially, a business line of credit can help small businesses thrive and grow.
line of credit – Finance company services is a good option to offset fluctuations in working capital when your expenses stay constant. line of credit will give you access to funds to continue to pay bills on time or purchase additional inventory if needed.
The advantage of a line of credit over a regular business loan is that interest is only charged on the funds you actually use. Additionally, your business can draw on the line of credit at any time that you need.
Line of Credit Product: *Credit Line approvals up to $250K
*Interest Rates from 13.9% – 24.9% – Your line amount and rate will be based on the assessment of your business along with your business financial and personal credit. *Fixed Weekly or Monthly Payments – Automatically deducted from your business bank account, so you don’t have to worry about missing due dates.
Line of Credit Minimum Qualifications: *Been in business for 12+ months *620+ Credit Score *Monthly Gross Revenue – $25K+
Why Invoice Financing? Invoice Finance company services provides business financial with “on demand” access to funding, using your outstanding invoices as collateral. On the Other Hand, Invoice Financing with the help of technology is different than Invoice Factoring. Traditional Invoice Factoring involves the sale of unpaid invoices or collections to a third party. This usually involves selling your own customers’ contact information to a third party factoring company. In addition, Invoice financing lets you take better advantage of your outstanding invoices, without paying outrageous fees and without selling your customers to a third party.
6 Reasons – Why Smart Business Owners Use Invoice Financing
- Does not create long term debt. This is money you’ve already earned. You simply pay a small fee to access the invoice funds, while you provide 30/60/90 day terms.
- Takes the stress out of invoicing. No more worrying about customers paying past 30 days.
- The two most common forms of business equipment financing available to business owners are debt and equity financing
- New Opportunities – If you want to expand your business, Finance company services Provides you a healthy cash flow, which will allow you to go after larger projects.
- Fully automated and synced to your accounting software – easy reporting.
- Fast Funding and Much smaller fees than a MCA. Funds available as soon as Eazy Cash Loan business day
- Business financial invoice grows with your business. As your business grows, your approved “credit line” will grow along with it.
If your business financial invoices on a regular basis, this is an absolute no brainer. It costs nothing to get set up. Once you’re set up, you will have a new best friend.
*We provide business equipment financing Lease for both Prime and Sub-Prime (Substandard) applicants, which allows our vendor partners to maximize their revenue opportunities across the board.*
Most businesses need equipment Financing. For some, it’s as simple as a smartphone and tablet computer, for others it’s a 3D Image Scanner and a specialty printer, or a Box Truck and Forklift or even a Commercial Truck and Trailer. But, Business equipment financing can be used for many years, while other items might be obsolete in 24 months. Some must be acquired new, while others can be purchased used from an auction. Some can be purchased outright, while others can be leased.
We work with nearly every business financial specialty and equipment type. If you need to add equipment to your business, but you don’t want to tie up your capital, then this is the loan product for you. In Addition, Business Equipment Financing is available with little or no down payment, in both lease and loan options. The approval process is fast, the payment schedule is affordable and there are potential tax advantages.You can obtain business equipment financing without securing any collateral at all. However, this option carries the risk of losing any collateral.
Business Equipment Financing offerings for specific niche industries:
- Commercial and Industrial
- Trucking and Transport
- Commercial Vehicles
- Franchise and QSR Gas
- Convenience Store
- Car Wash
- Healthcare Hospitality Merchant
- Finance Technology and Software
2020 Tax Incentive: Section 179
Tax provisions accelerate depreciation on qualifying business financial, office furniture, technology, software and other business items. in other words, When you finance such purchases with Eazy Cash Loan Finance company services, you may deduct a significant portion, up to $510,000 in 2020 (to be adjusted for inflation). There is a dollar-for-dollar phase out for purchases over $2 million. Additionally, any qualifying purchases in 2020 may also take 50% bonus depreciation in the first year plus their regular MACRS depreciation on the remaining 50% portion of the cost basis. Consequently, not only will Section 179 help bolster your bottom line, you garner the benefits of new equipment and technology that will help grow your business.
To capture these tax savings, qualifying property must be placed in service before December 31, 2020. Simply choose your business equipment and Eazy Cash Loan-Finance company services will design payments to help you make a profitable decision.
Business Equipment Financing Lease Financing Programs:
"A" Credit Program:
5+ years time in business. 650+ Credit Score. Application only Available on equipment purchases up to $250,000. Approvals up to $10 million
"B" Credit Program:
2+ years time in business. 650+ Credit Score.
Application Only Available on equipment purchases up to $150,000. Approvals up to $2 million
"C" Credit Program:
Under 2 years time in business. Under 650 Credit Score. Monthly Gross Revenue = Cost of Equipment. Application Only Available on equipment up to $60,000. Approvals up to $1 million. Down payment Required – 10-40%.
No time in business required 600+ Credit Score Application Only Available on equipment purchases up to $25,000
Down Payment Required – 10-40%
Business Equipment Financing Info:
$20,000 – $10,000,000 Equipment Financing.
12-84 Month payback terms (Typically 36-60 months). Approvals in 24 hours or less with proper documentation. Affordable monthly payments. Deferred payment options. Low barrier of entry cost – Typically $0. No personal collateral for most programs. Funding to equipment vendor within 48 hours. Includes software/hardware packages. Both New and Used Equipment. Application-Only Express is available for qualified applicants.
Programs for start ups to prime credit business owners.
$20,000+ Monthly Revenue
500+ Personal Credit Score.
3-6 Months Bank Statements.
Signed Credit Application.
Equipment pricing invoice of equipment being purchased – quoted price from the approved vendor or seller.
*Financials are required for larger deals that exceed approved program tier amount, such as last year’s tax return, balance sheet, Income statement and YTD P&L.
Our mission is to provide fast business financing, exceptional services, low rates, and the capital you need to manage your business. Therefore, We bridge the gap between invoicing and payment with immediate cash. Above all We are a team of real people addressing real problems and providing real solutions.Business Equipment Financing is often offered to business owners with poor credit scores. Finance company services requires collateral to be pledged for the loan
With X-Factor’s invoice factoring services, you can have your cash today, while still having control of your business. We understand cash flow is vital to your business financial and we are here to partner with you.
With freight factoring you can pay drivers, insurance, fuel, and other expenses now – with peace of mind and speed. Factor all or only some of your invoices. Never turn down another load because you can’t pay fuel or driver cost. Transportation factoring makes growth possible. 1. Complete Load Delivery 2. Assemble Rate Confirmation and B.O.L. 3. Produce or Provide Invoice 4. You are paid the same day.
Your business is complex, so we keep our part simple. Over 200 transportation intermediaries have turned to our invoice factoring solutions to manage their cash flow, protect their credit ratings and secure truck capacity. 1. Book a load. 2. Dispatch a truck. 3. Confirm delivery and send in your invoice and paperwork. 4. You and your carriers are paid within 24 hours.
Delays in getting paid can put the squeeze on government contractors. Learn how invoice factoring as a means of government contract financing – Finance company services provides working capital to keep your company going strong. 1. Send us your contract. 2. We will notify contracting agency of assignment. 3. Submit invoice with proper documentation. 4. You get paid same day.
Oil and Gas:
Oil, gas and energy companies need operating capital upfront. X-Factor invoice financing can provide cash now for your accounts receivables at a discounted rate so you can meet your oilfield funding requirements. 1. Crews complete job or work order. 2. Collect signatures on paperwork. 3. Provide Invoice and Supporting Documents. 4. Cash Flow starts flowing in 24 hours.
Payroll funding and cash flow worries shouldn’t limit your company’s growth. So learn how accounts receivable financing can insure your staffing company makes payroll on time, every time. 1. Employees submit their time card. 2. Process Payroll 3. Submit invoice and time cards. 4. You’re paid same day.
Small to Mid-Sized Businesses:
Learn how accounts receivable financing can put an end to your cash flow problems. X-Factor makes invoice factoring easy. So, you can recharge your operating capital and get back in business. 1. Complete the service being rendered. 2. Assemble signoffs or completed work orders. 3. Provide invoice supporting documents. 4. You’re paid same day.
Our factoring rates start as low as 0.55% and are usually no more than 2%. We do not use the same flat rate for every client. We know that every business is different and deserves a customized financing program and we want your business to get the lowest possible rate.
Some Finance company services offer an attractive 1% “teaser” rate, but keep in mind this is a weekly rate, so it increases by one percent each week. On a net 30 day payment, their rate is really 4.5% and on a net 60 day payment, it would be 8.5%.
Factoring a $10,000 invoice at a weekly 1% rate would cost you $450 at day 30 and $850 by day 60. X-Factor provides a monthly factoring rate; if you were to agree to a 1.5% rate the same $10,000 would cost you $150 at 30 days and only $300 at 60 days; less than half of what a weekly rate would cost you. Basically 1/3 of what their “teaser” rates end up costing.
SBA Bridge Loan
What if you could get the funded you needed in 3-7 days AND end up with the terms and structure of an SBA Loan for the Eazy Cash Loan 10-25 years? Would you consider that a win/win or the best of both worlds? Let’s talk about our SBA Bridge Loan.
Traditionally, bridge business financing is a short term business loan used as business financial until a more business equipment financing company services facility is in place. Meanwhile, Most bridge loans are used for immediate working capital needs and are usually paid-back in 1-12 months.
Being that an SBA loan may take up to 2-3 months for funding to be accomplished, a company may find themselves needing immediate working capital that wouldn’t be available for weeks, So in those instances a company may seek a bridge Finance company services option to help meet their needs until permanent SBA financing is completed.
The key is to secure a Premium Term Loan Product (Which we offer) that doesn’t have a prepayment penalty, as you will be paying this temporary bridge loan off when your SBA funding is finalized and funds your account.
12+ Months in business.
650+ personal credit score.
$200,000 minimum annual revenue.
1-2 years personal tax return.
1-2 years business tax return.
6 months most recent bank statements.
SBA Express Loan
We take the confusion out of getting an SBA loan. Get funded without the headache.
An SBA express loan is aim at assisting a small business owner in getting Finance company services assistance faster than the conventional loan programs provided or backed by the US Small Business Administration. In Addition, This loan facility is another way for borrowers to get quick loans via more streamlined application and documentation processes. Finally, the main reason why this loan facility is called express is due to its 36-hour turnaround time.
SBA express loans are offered through banks and lenders. Since the SBA has given the lenders the freedom to use their own forms and policies with regard to endorsing loans to the agency, the processing time for such loans is significantly lessened.
Who Is Eligible for an SBA Express Loan?
Anybody who is within the age of maturity can apply for this type of loan. However, if you intend to take advantage of this debt facility, So you have to show concrete plans on how you will use the proceeds. It is important that you show the lender that you will use the proceeds for starting, expanding or boosting your small business.
The requirements of the loan are similar to typical commercial business loans. The most important thing that you need to prove, however, is that you have the capability to repay your loan on time based on the profits and cash flow of your business.Eazy Cash Loan- Finance company services Also, having a good credit background is a plus. Collateral is not really needed to back such a loan, provided that the amount is $25,000 or below. Anything more than $25,000 should be secured. The maximum amount that can be loaned is $350,000.
Interest Rate of an SBA Express Loan
The borrowers can try to bargain for lower interest rates because the lender is the one that will determine the rate applicable to the loan. However, the SBA has ruled that the maximum interest that lenders can charge is 4.5% for loans above $50,000 and 6.5% for loans that are $50,000 or below.We are the best Finance company services Provider
Advantages of This Loan
The processing time for an SBA Express Loan is fast – typically under 30 days. Furthermore, people who are unable to obtain traditional credit lines have a chance to secure credit under this product. It’s also a great way to refinance current business loans with high interest rates.
If you are a business owner who qualifies for an SBA loan, willing to jump through the hurdles associated with the approval process…..So can afford to be patient for 30-45 days to allow funding to happen, an SBA Express loan is the product for you.
Must be in business 2+ years. 650+ personal credit score. 6 months most recent bank statements. 2 years personal tax returns. 2 years business tax returns. debt settlement worksheet. P&L (current) for their business. Income Statement for their business. Personal financial statement. Phone interview.
SBA Commercial Real Estate Loan
100% Financing Option Purchase or Refinance Commercial Real Estate
Eazy Cash Loan- Finance company services is excited to introduce a new 100% business financing (no down payment required) product for commercial real estate!
As an advocate for small business owners nationwide, we are always working to find ways to provide great financing options to business owners. We’re proud to be able to facilitate a 100% financing Commercial Real Estate Product through our SBA Bank. Consequently This solution has BIG benefits for borrowers who don’t want to reduce their cash flow, and keep their money invested in growing their business!
With 25-year terms and interest rates ranging from 5.50% to 6.75%*, SBA 7(a) loans are a great option for small businesses looking to refinance an existing commercial real estate mortgage, So buy an office building or other owner-occupied commercial space.
Take advantage of all of the benefits of the SBA 7(a) Commercial Real Estate Loan:
- 25-year, fully amortizing term means low monthly payments
- Loan amount of $350K – $5 Million
- Variable interest rate of Prime + 1.50% – 2.75%*
- No loan maturities or balloons
- Borrowers build equity value and long term net worth
- Potential tax savings
To qualify, borrowers must be in business for 2 years, have a credit score of 660 or higher, So the loan payment must not exceed their current monthly rental expense
How It All Works
1. Pre-qualify for an SBA 7(a) Commercial Real Estate Loan
Pre-qualify in as little as 5 minutes without impacting your credit score. Simply provide basic information online and we’ll automatically tell you if you prequalify for an SBA commercial real estate loan from $350,000 to $5 million.
2. Provide Financial Information
Provide financial information about your business and its owners. Your dedicated Relationship Manager can help with any questions.
3. Accept Your Letter of Intent
You will receive a non-binding letter of intent (LOI) outlining details of the SBA commercial real estate loan so you can negotiate terms with the property seller or your existing lender.
4. Conduct Property Valuation
During the SBA commercial real estate application process, the property you’re interest in will be value. Your dedicate Relationship Manager helps facilitate this step.
5. Get Funded
Upload request documents to complete your application. We’ll work with you through the loan closing process. Funds can be wire for closing in as fast as 30 days after credit approval
At least 51% of the property’s square footage must be occupied by, and used by, your business 2+ years in business
Business owners must be U.S. citizens or legal permanent residents
Business owners must have personal credit scores above 675
Cash flow to support loan payments
The estimated purchase price must be greater than $350,000
100% financing option requires a loan payment that does not exceed the current monthly lease expense
Developers or landlords that are not actively occupying the property Investment properties (for example, the majority of the property will be leased or it is a real estate flip project)
Bankruptcies or foreclosures in the last 3 years
Prior default on government backed loans
Outstanding tax liens
Construction (for example, purchasing an empty lot and building a new structure)
Start Up Capital & Personal Loan Platform
1 Application-17 Lenders-All Your Options
Approvals Up To $100K – Instantly!
Everyone knows it’s almost impossible to get their hands on start up capital, unless you approach your family, friends or find an investor who wants a large percentage of your business. It’s time to leverage the confidence you have in yourself and secure a Personal Loan and use it to fund your dreams. Launch your business with your own capital that you secure through our Personal Loan Platform. So you can use our Platform to gain access to funding for many things on your “want” list. For example: Debt Consolidation, Home Improvement, Student Tuition, Special Occasion, Vacation, Auto Purchase, New Baby Expense, New Boat Purchase, Medical and Dental Expenses, Moving and Relocation, Taxes and much more.
Basically, our platform matches applicants with the right business equipment financing products and services at the right time, while providing transparency and reduce cost of acquisition to online financial service providers. So it’s a win-win for everyone. Unfortunately, seeking a personal loan online today can involve a complex web search with hard to navigate relationships and regulations for both applicants and lenders. Eazy Cash Loan-Finance company services approach was to simplify the entire process for all parties. Not every applicant is the same and not every personal lender is the same. So why not give you a crack at 12 lenders all at once and have them compete for your business? Go for it!