Business Bank Statement Loans

There are very easy credit requirements (most places only look for a 550 FICO) and the funds are wired out to you in as little as 5 business days.   What’s best is the loan is made solely on the strength of your business and its deposits.

Here are the requirements:

  • Verifiable bank (and if applicable merchant) statements
  • 12 months of bank statements showing a minimum of 3 deposits per month
  • Minimal monthly NSFs
  • At least $3,000 per month in total monthly deposits.
  • Advance rate 50%-150% of your average deposits.
  • Unsecured Up to $500,000
  • Business must show that it’s profitable where the total amount deposited exceeds total withdrawals for the month

 

What you Cannot have:

  • Bankruptcy
  • Tax Liens
  • Judgements
  • UCC Filings

 

Please contact a representative to get started. 

Business Bank Statement Loan Application
Please complete and return completed.
Downloaded Bank Statements preferred.
PMG (BSL) Bank Stmnt Loan Application.pd[...]
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