AdvanceMyBiz

Are you searching for a Business Loan?

Stop looking. We have a much better alternative than a business loan. Once you talk to a bank about a business loan, be sure to set aside the 40-60 you will need to put your "Loan Package" together.

Here is what most lenders ask for prior to approving a "Business Loan":

1. Your "Business Plan". This will be a very detailed document containing complete information about your business, markets, competition, sales, growth, etc. This alone could take you a few weeks to complete on your own.

2. Your Business profile: This document describes your type of business, shows annual sales, number of employees, length of time in business and ownership.

3. Loan Request Document: This document describes how loan funds will be used, and what dollar amount you need your business loan for.

4. Your Collateral: Complete description of collateral offered to secure your business loan, including amount of equity in the business, borrowed funds and available cash.

5. Business Financials: Complete financial statements for at least the past three years in addition to your current financial statements. These include:

  • Company Balance Sheets from the last three fiscal year-ends.
  • Company Income Statements revealing your business profit / loss for the last three years.
  • Company's cash flow projections indicating how much cash you expect to generate in the next three years.

6. Personal financial statements: Statements of owners, partners, officers and stockholders owning 20% more of the business. These include:

  • Personal financial statements from you and your business partners listing all personal assets, liabilities and monthly payments, as well as your personal tax returns for the past three years.

7. Great Credit! If you put this entire package together and submitted it to your bank with less than great credit, you're probably already aware that you may have just wasted 40-60 hours of time!

A Business Cash Advance is a great alternative to a business loan. The money can be used for nearly any purpose needed.

With a Business Cash Advance.....

You DO NOT need a "business plan"!
You DO NOT need a "business profile"!
You DO NOT need a "loan request document"!
You DO NOT need any "business collateral"!
You DO NOT need "business financial statements"!
You DO NOT need "personal financial statements"!
You DO NOT need "great credit"!
You DO NOT need to "personally guarantee" the advance!

WHAT IS REQUIRED?

  • You must have accepted Visa/MasterCard transactions in your business for at least the last 6 months.
  • Your MasterCard / Visa processing volume is atleast $2,500 per month.\
  • You must not currently have an "open" bankruptcy.
  • You have at least 1 year remaining on your current retail lease.

What are you waiting for? Most advances can be funded in less than 10 days! Get your money now!

A business loan is not needed when you can Apply for your Business Cash Advance Now!

Features & Benefits

  • No Business Plan
  • No Business Profile
  • No Collateral
  • No Personal Guaranty
  • No Financials