Working Capital to Fuel your Business
Funding in 24-48 Hours - Personal Credit Not an Issue
If you are looking to buy a home or building for a rehab or a renovation project we can obtain the financing for your project. Here are the guide lines to follow in order to apply along with a work sheet that needs to be filled out.
Property Type: Commercial or Residential 1-4 family, non owner occupied
Lien Position: First Mortgage only
Loan Term: 6 months (extendable)
Advance Rate: Options up to 100% of project Costs, Min Loan amount $50,000
LTV: Up to 65% of After Repaired Value
Renovation Funds: 100% of renovation funds are typically advances in 1 to 4 draws. Once inspector certifies work is completed, funds are then wired to investors account.
- Deal Submission Form
- Purchase Agreement
- Summary of Rehab Work to be Completed
- Pictures of Rehab Property
- Home Inspection
- 3 Months of Bank Statements
- 2 Years of Tax Returns
- 3 Most recent Pay Stubs
- Signed 4506-T
- Guarantee: Personal Guarantee is Required, Loans closed in name of business entity
- Quick Funding: Once Borrower has been approved, funding of individual transaction is quick
More From Business Loans Fast
We search through our network of banks and investors to help you obtain the commercial real estate you desire.
Whether its new equipment or updating existing equipment, we can help you find the financing you need.
If you are in need of cash, let us help you find it! fill out our online application and we will help get the cash you need!
Looking to renovate? We can help, with a current financial analysis of you business we will help get you the money you need.
Business funds can be deposited into a client’s account in as fast as 24-48 hours. The emphasis on the NEED and SPEED of getting the funds is the primary importance to our clients.
All About Business
Personal credit does not play a role in the decision on approving the loan. The loan decision is driven by the performance of the bank account and the amount of monthly deposits.
Multiple Funding Sources
The company has a large network of lenders giving clients a high chance of achieving their funding needs for their business. Today’s lending standards are stiff for a commercial loan so Business Loans Fast’s purpose is to make the process of obtaining funds easier and fast.
Business Loans Fast
We specialize in providing fast, short term emergency funding to businesses to keep daily operations on track.