Business Loan Options
Velocity Vault Lenders
Account Receivable Line of Credit
Unique Benefits • Facility Size: $100,000 to $100,000,000 •Revolving Line of Credit • Line of Credit Amount Fluctuates as outstanding A/R Fluctuates • Rates Starting at Prime + 2% • Up 95% Financing of Current A/R • 7+ Days Application to Funding Qualifications • 1 Year Time in Business • No Minimum FICO • $1 Million in Annual Sales • $100,000+ in A/R on Short Terms
Inventory Line of Credit
Unique Benefits • Facility Size $100,000 - $10,000,000 • Revolving Line of Credit • Line of Credit Amount Fluctuates as Inventory Fluctuates (up and down) • Rates Starting at Prime + 2% • Up to 85% Financing of Inventory Liquidation Value • 7+ Days Application to Funding Qualifications • 1 Year Time in Business • No Minimum FICO • $1 Million in Annual Sales • $1 Million in Current Inventory
Sub Debt
Unique Benefits • $10 Million Max Funded Amount • 1 - 2 Year Terms • Approved Amount Based on Cash Flow • Rates Starting at 15% - Up to 24 Month Terms • Subordinate 2nd Lien Behind Senior Lender • No Collateral coverage, No equity, No warrants, & No covenants Qualifications • 1 Year Time in Business • 600+ FICO • $1 Million in Annual Sales
Business Line of Credit
Unique Benefits • $250,000 Max Line of Credit • Approved Amount Based on Cash Flow • Same Day Funding Available • Only Pay for What You Use • Weekly/Monthly Payments • True Revolver; Each Payment Frees Up Additional Available Funds Qualifications • 1 Year Time in Business • 600+ FICO • $500,000 Annual Sales or $40,000 Deposited Monthly • Business Bank Account
Business Advance
Unique Benefits • $10 Million Max Funded Amount • Approved Amount Based on Cash Flow • Same Day Funding Available • 6 - 24 Month Terms Available • Daily/Weekly/Monthly Payments • Early Payoff Discounts Available Qualifications • 1 Year Time in Business • No Minimum FICO • $500,000 Annual Sales or $40,000 Deposited Monthly • Business Bank Account
Business Term Loans
Unique Benefits • $10 Million Max Funded Amount • 1 - 2 Year Terms • Weekly/Monthly Payments • No Prepayment Penalty • Refinance up to 2 Loans • Could Report to Business Credit Qualifications • 2 Years Time in Business • 600+ FICO • $500,000 Annual Sales or $40,000 Deposited Monthly • Business Bank Account