Business Loans
Business Loans - 2 different programs
$5,000 to $20,000 (Sometimes Higher)
Most Industries Accepted / You Decide How To Use The Loans!
• “Application Only” Needed - Credit Decisions (1-2 Hours)
• 12-36 Monthly Payments – Yes, Monthly Payments!
• Usually No Money Down
• No Pre Payment penalties for Early Termination
• Payments are determined by Credit Score and Time In Business (TIB)
• Approved & Funded in Less than 48 hours
• Documents are ready to send in 2 business hours
• No Credit Bureau Reporting - as long as the Loan is Paid as Agreed
• No Hidden Fees
Credit Approvals are more likely if: * Your Credit Score is 700+ (No Charge Off’s, BK, or Delinquencies * Prefer applicants with 2+ TIB * 40% or more of your revolving debt is available
$10,000 TO $250,000
*Line Of Credit-Draw the money when needed for renovation or unpredictable expenses Great for: Restaurants, Construction, Mfg, Transportation, Franchises, Fitness
*Project Financing-Start Up Costs – use for payroll, bonding, materials Great for: HVAC/Plumbing, Electric, Landscaping, MFG, Construction, Medical
• Information needed for $10,000-$74,999 (Application + 3 BK Statements)
• Information needed for $75,000-$250,000 (Application + 3 BK Statements + Financials)
• Repayment Terms from 6 to 24 months
• Minimum 1 Year Time In Business (TIB)
• Revenue $150,000 or more
• Minimum FICO is 525
• Ownership % Required is 60%
• BK Discharge 2 Years
• Tax Liens > $25K (must have a payment plan in place)
• Loan amounts range from 4-8% of annual revenue
Contact Mid Continent Capital for Equipment Lease Financing Today!
(P) 913-789-9977
(F) 913-789-8899
Email: credit@midcontinentcaptial.com