| |
|
| |
SMALL TICKET SOLUTION
|
The  is the answer to sale/leasebacks, transactions that exceed 33% soft costs, improvements to business real property or leaseholds, or businesses that are looking for true working capital. This program is for transactions that range between $15,000 and $150,000 and is available to virtually any businesses with good credit.
Following is an outline of the
| 1. $10,000 - $35,000 |
| • |
Minimum Of 3 Years In Business. |
| • |
Bank Relationship With Minimum Moderate 4 Balances. |
| |
| 2. $35,000 - $50,000 |
| • |
Minimum Of 5 Years In Business. |
| • |
Bank Relationship With Minimum Medium 4 Balances. |
| • |
Homeowner Preferred. |
| |
| 3. $50,000 - $75,000 |
| • |
Minimum Of 5 Years In Business. |
| • |
Bank Relationship With Minimum High 4 Balances. |
| • |
Homeowner. |
| • |
2 Years Complete Personal and Business Tax Returns Required. |
| |
| 4. $75,000 - $150,000 |
| • |
Minimum Of 7 Years In Business. |
| • |
Bank Relationship With Minimum Low 5 Balances. |
| • |
Homeowner. |
| • |
2 Years Complete Personal and Business Tax Returns and a Current Personal Financial Statement For All Principals. |
| • |
Submission Requires A Fully Completed And Signed Application. |
| • |
Approvals Will Be Dependant Upon A Clean Business Credit History, Business Trade Accounts Paid As Agreed, and Excellent Personal Credit History Of Each Principal. |
| • |
Rates May Vary Dependant On Credit Variables, Time In Business, Industry And Equipment Type. |
| • |
Payments Will Be ACH. |
| • |
Personal Guarantees Will Be Required From All Principals. |
| | | | | |
|  |  |  | |
| | | | | |
|
|
|
|
|
