Unsecured Term Loan - Stated Income and Stated Asset, 4506, and Fully Documented

WE ARE A CONSULTING SERVICE AND NOT A BROKER FOR UNSECURED BUSINESS LINES OF CREDIT OR TERM LOANS

You will learn how to analyze your current financial situation and find the lender with the program you are looking for. You will learn how to improve your financial position and corporate structure to help you secure the financing that your company needs looking for unsecured business lines of credit and term loans.
We DO NOT charge fees based on the amount of financing that you receive.
We DO NOT receive any fees from the lender institutions.
We DO NOT submit applications on your behalf. If you want us to help with the communication with the lender, we have a program available.
We are probably your greatest cost effective option for this service. Some of our competitors are charging clients up to 15% of the total amount financed! That is outrageous and unfair to you!

UNSECURED TERM LOAN IS THE IDEAL WAY FOR YOUR BUSINESS TO GROW

Interest only payments in most cases.
Closes usually in 5 to 10 business days.
Term Loan is unsecured.
Lower interest than a credit card, range start at PRIME + 1%

APPLY TO BORROW AS MUCH AS $4000,000

You could qualify for Unsecured Business Term Loan totaling up to $350,000.

WHO IS ELIGIBLE?

Self Employed (1099), Sole Proprietors, Partnerships, LLCs and Corporations are eligible for these programs.

STATED UNSECURED TERM LOAN PROGRAM HIGHLIGHTS

1. No income documentation required. No P&L, statements or collateral
2. Maximum loan amount per line of credit varies between $50K and $100K
3. Loan amount is restricted to percentage of stated gross sales. Some lenders also restrict to percentage of stated annual income.
4. More than one lender offers this program, so total combined loan amounts can exceed $400K
5. Term loan is unsecured, and personally guaranteed
6. Interest rates are credit score driven and range from PRIME + 1% to PRIME + 4% in most cases
7. Interest only payments in most cases
8. Closes in 5 to 10 business days in most cases
9. Lender charges additional annual fees ranging from $100 to $250

STATED UNSECURED TERM LOAN PROGRAM GENERAL REQUIREMENTS

1. FICO score of 660 or better is required to qualify
2. Applicant must be in business for at least two years (some flexibility with business history)
3. Sole proprietors (1099 employees) are eligible for this program
4. Lender will consider the amount of personal consumer debt for approval
5. Simple two page application is all that we require. All fields on the application form are required to be completed. Individual lenders may need other documentation for proof of ownership.
6. Legal formation documents (Articles of Incorporation, etc.)

LOW DOC UNSECURED TERM LOAN PROGRAM HIGHLIGHTS

1. No need to pull your own tax returns (lender will do it for you), P&L, statements or collateral.
2. Maximum loan amount per unsecured term loan varies between $50K and $100K
3. Loan amount is restricted to percentage of stated gross sales. Some lenders also restrict to percentage of stated annual income.
4. More than one lender offers this program, so total combined loan amounts can exceed $300K
5. Term loan is unsecured, and personally guaranteed
6. Interest rates are credit score driven and range from PRIME + 1% to PRIME + 4% in most cases
7. Interest only payments in some cases
8. 1 year renewable loan term and renewable if borrower is in good standing with the lending institution, in most cases
9. Closes in 10 business days in most cases
10. Lender charges additional annual fees ranging from $100 to $250

LOW DOC UNSECURED TERM LOAN PROGRAM REQUIREMENTS

1. FICO score of 660 or better is required to qualify
2. Applicant must be in business for at least two years (some flexibility with business history)
3. Sole proprietors (1099 employees) are eligible for this program
4. Lender will consider the amount of personal consumer debt for approval
5. All fields on the application form are required to be completed. Individual lenders may need other documentation for proof of ownership.
6. Legal formation documents (Articles of Incorporation, etc.)

DOCUMENTED UNSECURED TERM LOAN PROGRAM HIGHLIGHTS

1. Income documentation required (see below)
2. Loan amount is restricted to percentage of gross sales and can not exceed $200K
3. More than one lender offers this program, so total combined loan amounts can exceed $450K
4. Term loan is unsecured, and personally guaranteed
5. Interest rates are credit score driven and range from PRIME + 1% to PRIME + 4% in most cases
6. Some loans are 7 year term loan with interest only payments for first three years, then amortizes over the following four years.
7. Closes in 30 days in most cases.
8. Some lenders have a 1% SBA fee for this loan and an annual $250 fee

DOCUMENTED UNSECURED TERM LOAN PROGRAM REQUIREMENTS

1. FICO score of 640 or better. A higher loan amount is available for 680 or better
2. Applicant must be in business for at least one year (two years to get over $100,000)
3. Sole proprietors (1099) employees) are eligible for this program
4. Lender will consider the amount of personal consumer debt for approval

DOCUMENTED UNSECURED TERM LOAN PROGRAM REQUIREMENT DOCUMENTS

1. Credit application filled out completely
2. Last 2 years business income tax returns
3. last 2 years personal income tax returns for all guarantors (anyone with 20% or more ownership)
4. Legal formation documents (Articles on Incorporation, etc.)
5. 3 months of bank statements for the business
6. Year to date financial statements for the business

MONEY DOES NOT COME WITH INSTRUCTIONS. UNTIL NOW!

We are announcing our new program to educate and allow small business owners access to the information required to get unsecured business lines of credit on their own.
We have broken down our program into easy understand, follow, and implement reports. These reports are step by step and we are constantly updating and upgrading the information. The reports are also provided in order of importance.

DIY Unsecured Business Line of Credit Reports and Programs

Unveiling the "Secrets of the Underwriters" - Only $17.00!
Main report and should be the only report that you need!
Stated, Streamlined, and Fully Documented unsecured business line of credit guide.
Now for a limited time includes additional reports:
Lender Listing
We are providing an abbreviated report of our Lender Listing and Guides. This report briefly details the lenders programs and has hyperlinks to the lender branch locators.

Guide to the Government Records
Direct links to Secretary of State and UCC search websites of all states

Listing of 2007 NACIS Codes
Reference of NACIS codes to aid in completing the lender's application
DIY Business Line of Credit Supportive Information and Excel Worksheet
A group of reports that will save you time and money spent in search of government records and financial calculations.
Guide to the Government Records
Direct links to Secretary of State and UCC search websites of all states
Listing of 2007 NACIS Codes
Reference of NACIS codes to aid in completing the lender's application
DIY Business Line of Credit Worksheet for Stated Programs
Microsoft Excel file that helps you calculate your personal DTI and revolving debt ratios.
Secrets of the Credit Industry
Legal strategies that credit bureaus, creditors, and debt collectors do not want you to know!

These reports are for you the borrower and not for brokers or consultants to resell it to you.