Start-up loans are designed for new businesses that need initial capital. Since the business lacks an established track record, the personal credit profile of the entrepreneur is crucial in securing funding. Typically, start-up funding ranges from $50k to $100k for those who have 680 credit score and above, although exceptions may exist. These loans are often unsecured, making them a significant risk for lenders. You’ll use this seed capital to launch your business and demonstrate your ability to generate income. Proving your business’s viability can lead to opportunities for larger loans in the future. Click on the “Check Eligibility Button” and obtain a 3 score credit report, it is a soft pull and won’t affect your scores. Send your report to uplift@busi-boost.com and inquire about start-up loans. If your credit profile does not meet the criteria, we have fast and reliable credit repair / building services. Email and let us know.

(Including Owner Occupied Real Estate – Why Rent When You Can Buy?)

Business loans are perfect for established businesses needing funds for growth or operations. SBA (Small Business Administration) loans offer lower rates and longer terms, usually requiring a 10% equity contribution of the total borrowed amount which can include various budgets and needs. However, you’ll need solid financial records and proof of profitability. Not all banks offer the same SBA loan terms, so choose your lender wisely. If you don’t qualify for an SBA loan or can’t wait through the long approval process, we have other financing options to meet your needs.

Commercial loans are ideal for businesses focused on real estate development or investment, such as residential fix and flip, buy and hold, multi-family residential properties, office buildings, shopping centers, malls, hotels, assisted living, industrial warehouses, medical offices, retail stores, self-storage facilities, and mixed-use developments. These loans typically require a 20-30% equity contribution, and your ability to make payments will depend on the income generated by the property. 

Equipment financing offers a fast alternative to lengthy business loans, often securing needed equipment within weeks. By providing an invoice or description of the item, businesses can quickly obtain essential tools, whether large machinery like trucks and tractors or smaller items such as computers, payment processing units, tables, chairs, wall decor, coffee makers, and ovens. This financing covers a wide range of equipment crucial to business operations, ensuring quick access and relevance to your specific needs.

Merchant Cash Advance provides upfront cash against future credit card sales, offering flexibility to address immediate needs, whether it’s helping a friend, starting a new business, or acquiring assets quickly. This option doesn’t require lengthy reviews of business documents or collateral, making it fast and convenient. Although costs are higher than conventional loans, the benefit of immediate cash can outweigh these expenses if it leads to profitable investments. To qualify, you need 3 to 6 months of positive bank statements and steady revenue, depositing at least $10k a month, with loan amounts typically one to two times your monthly revenue. This allows you to seize opportunities without waiting to save the necessary funds. Click the “Check Rate & Terms” button to email us your bank and merchant processing statements.

Receivable and Purchase Order Factoring converts client contracts and invoices into immediate cash, leveraging the good credit of B2B or B2G clients. Clients often take weeks or months to pay, but you need funds for expenses like salaries, rent, utilities, and marketing. Factoring provides a large portion of the payment upfront, allowing you to maintain operations while the lender waits for the client’s payment and takes the risk if they default. This solution is perfect for quickly accessing cash to fulfill purchase orders and keep your business running smoothly.

This type of funding does not rely on your own credit, therefore, as long as you have qualifying contracts and clients, your access to funding is unlimited.

A line of credit, whether business or personal, provides flexible, revolving access to funds. With established personal or business credit, you can access the credit line anytime for any purpose. Having a line of credit can boost your lendability, as maintaining a low balance or paying it down regularly demonstrates creditworthiness. It’s wise to secure a line of credit even if you don’t need it immediately, ensuring funds are available when needed without the hassle of applying. Our lenders offer competitive rates and fees, and you only pay interest on the amount you actually use. Click on the “Check Eligibility Button” and obtain a 3 score credit report, it is a soft pull and won’t affect your scores. Send your report to uplift@busi-boost.com and inquire about start-up loans. If your credit profile does not meet the criteria, we have fast and reliable credit repair / building services. Email and let us know.

Money saved is money earned, and efficient merchant processing can increase your cash flow for business expenses. Many companies offer low trial rates to lock businesses into long-term contracts with increasing rates based on volume, location, industry, and entity type. Some businesses may not qualify, and outdated processors lacking tap payments or Apple Pay can cause you to lose customers. Our processor accepts a wide range of businesses and volumes, stays current with industry trends, and meets today’s payment needs. Check to see what they can offer you.