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Newer Businesses

Establishing credit for newer business
can be difficult. It can also be difficult obtaining credit when your
credit report shows you've been human. We understand!
Newer Businesses
Most lenders require two to three years in business, sometimes more depending on
the amount requested. Credit is, after all, the analysis of prior history
to predict future behavior. In the case of newer businesses there is no
history, or limited history. Additionally, statistics show that newer
businesses generally carry a higher failure risk. While the monthly
payments are generally higher than those for well established companies, the
benefits of our program are well worth that premium.
Our program for newer businesses achieve these
objectives:
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Establish credit for your business - This is
important because in addition to time in business, lenders look for prior
equipment finance history. There is no better time to begin establishing
that history than today. |
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Use your capital wisely - Simply put, many
younger businesses simply run out of money. Leasing allows the
equipment to pay its own way over time. But most important, it
preserves your capital. |
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Get your business up and running - Perhaps the
most important benefit is getting the equipment you need to run and grow
your business today. |
Start-Up / Newer Food &
Beverage including Restaurants
Most lenders require years of time in business and even then are hesitant to
finance restaurants and food and beverage industry. This program is aimed
at helping the small food and beverage entrepreneur.
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Maximum transaction size $20,000;
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Maximum term 36 months; |
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Credit Requirements: - Acceptable personal
credit report, prior year personal tax return (IRS form 1040 with all
schedules), Personal Financial Statement of principals (we will provide the
form). |
Apply Today
or call us
(800) 671-7371

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