CARDGUY FUNDING

Business Funding Solutions for ALL Business Types.

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anSmalL Business LOANS

to keep your business growing.
 Small Business Loans can help fund business-related expenses that your company may need quickly. The Business Term Funding product has a set maturity date when the business must pay off the Funding. Business Funding through THE CREDIT CARD GUY Funding Partners can offer anywhere from $2,500 to $150,000** in financing with a range of 4 to 24 months in maturity making them ideal for any small business. No personal collateral is needed and funds can be transferred in as little as 2 business days*. Find out more about Business Term Funding and other products and services.

NEW EASIER APPROVAL PROCESS: NO LANDLORD VERIFICATION, LONGER LOAN TERMS, SOFT CREDIT PULL

Start your easy One Page PRE-QUAL Application CLICK HERE

 

Small Business merchant Cash advances

Merchant Cash Advances can help fund business related expenses that your company may need quickly. This Merchant Cash Advance product will withdraw or take its agreed upon % of Funding through a Payment Processing partner we have a relationship with. Merchant Cash Advances through THE CREDIT CARD GUY Funding Partners  offer anywhere from $2,500 to $150,000** in financing with a range of 4 to 24 months in maturity making them ideal for any small business. No personal collateral is needed and funds can be transferred in as little as 2 business days*. Find out more about Merchant Cash Advance Funding and other products and services.

NEW EASIER APPROVAL PROCESS: NO LANDLORD VERIFICATION, LONGER LOAN TERMS, SOFT CREDIT PULL

Start your easy One Page PRE-QUAL Application CLICK HERE

Fax to 310.349.3172 or Email Sales@TheCreditCardGuy.Com

Please include 4 months Bank and Processing Statements

Now Offering

SBA 7a LOANS

Loans from $30k - $350k   @  5.50-7.25% - 10-year Term. Low monthly payments. 4% fee on loan

For Commercial Real Estate / Debt Refinance / Working Capital       CLICK HERE!

SBA Loan Requirements

Many small businesses from a broad range of industries can be approved for an SBA 7(a) loan. Rather than listing what businesses are considered for approval, the Small Business Administration lists those industries that are excluded, such as:

  • Gambling

  • Life insurance

  • Religious teaching

  • Primarily political and lobbying activities

  • Oil wildcatting

  • Mining

  • Mortgage servicing

  • Real estate development

  • Bail bond

  • Pawn or private clubs

For the detailed list of ineligible businesses, head to the SBA’s website to learn more.

If your business does not fall under one of the excluded categories, the next step is to meet the following common eligibility requirements for an SBA loan.

These are the eligibility requirements to apply for a $30,000 to $350,000 SBA 7(a) Working Capital or Debt Refinance Loan through SmartBiz:

  • Time in business must be above 2 years

  • Business owner’s personal credit score must be above 650

  • The business must be U.S. based and owned by US citizen or Lawful Permanent Resident who is at least 21-years old

  • No outstanding tax liens

  • No bankruptcies or foreclosures in the past 3 years

  • No recent charge-offs or settlements

  • Current on government-related loans

The eligibility requirements to apply for a $500,000 to $5,000,000 SBA 7(a) Commercial Real Estate Loan through SmartBiz are:

  • Time in business must be above 2 years

  • The business owner’s personal credit score must be above 675

  • The real estate must be majority owner-occupied

  • This means that at least 51% of the square footage of the property you’re buying must be occupied by and used by your business.

  • Sufficient business and personal cash flow to service all debt payments, demonstrated by 3 years of tax returns and interim financial data

  • No delinquencies and/or defaults on government loans

  • If considering our rent replacement option, this requires a loan payment that does not exceed the current monthly lease expense

Typically, businesses approved for an SBA loan through SmartBiz have $50,000 to $5 million in annual revenues and 1 to 40 employees. Most are profitable and cash flow positive. All can provide proof that they are able to make the monthly loan payment.

 

SBA 7(a) Loan - Uses of Proceeds

Depending on the amount you want to borrow, you can use the funds from an SBA 7(a) loan for a variety of purposes like refinancing high-cost debt, hiring, inventory, marketing, or purchasing commercial real estate.

  • $30,000 to $350,000: Loans of this amount can be used for working capital (such as operational expenses, marketing, hiring, etc.), new equipment purchases, and refinancing existing business debt not secured by real estate (such as cash advances, business loans, and equipment leases).

  • $500,000 - $5 million: Loans of this amount can be used for the purchase or refinance of commercial real estate that is 51% owner-occupied.

Note: Decisions are normally within 24-36 hours. Once offers come in we can review and choose the best position offered.