FUNDING PROGRAM #1 - Unsecured Business Credit - Are you looking to fund and grow your business? There are a variety of banks and equity institutions that provide 0% business credit cards for a period of 6, 9, 12, and even 18 months. Obtain low-interest business credit lines that do not appear on your personal credit report. There are no restrictions; you can use the credit lines for any business or real estate investing need.

Min Requirements: You will typically need a min 680 credit score. In addition to having a qualified credit score, you should NOT have any recent late payments, collections, or bankruptcies. There are no “time in business” requirements so you can obtain this funding even as a startup business or brand new Real Estate investor.

FUNDING PROGRAM #2 - Business Term Loan- A traditional business term loan is a lump sum of capital that you pay back with regular repayments at a fixed interest rate. The “term” in “term loan” comes from its set repayment term length, which will typically be one to five years long. Most business owners use the proceeds of term loans to finance a specific, one-off investment for their small business.

Min Requirements: You will typically need at least 2 years of business operations. A min of $30,000 monthly revenue and a 640 credit score to qualify. Since traditional term loans have longer repayment periods than short-term loans, your business’s financials and credit score are more important.

FUNDING PROGRAM #3- Revenue Cash Advance: This type of loan is made to a business based on the volume of its monthly credit card transactions. Businesses can typically receive an advance of up to 125 percent of their monthly transaction volume. The terms for repaying a revenue cash advance vary by lender. Some take a fixed amount of money out of a business’s merchant account every day, while others take a percentage of the daily credit card sales. The best candidates for revenue cash advances are businesses with strong credit card sales, such as retailers, restaurants, and service businesses.

Min Requirements: You only need about 9 months of business operations and a min $10,000 in monthly revenue. The advantages of revenue cash advances are that they are relatively easy to obtain, funding can be received in as quickly as a few days, and the loan is paid back directly from credit card sales. The biggest downside is the expense. Interest on these loans can run as high as 30 percent a month, depending on the lender and amount borrowed.

FUNDING PROGRAM #4- Lines of Credit: Lines of credit provide small businesses money for day-to-day cash-flow needs. They are not recommended for larger purchases and are available for as short as 90 days to as long as several years. With a line of credit, you take only what you need and pay interest only on what you use, rather than the entire amount. These loans are usually unsecured and don’t require any collateral. They also have longer repayment terms and give you the ability to build up your credit rating if you make the interest payments on time.

Min Requirements: In order to qualify for a line of credit you will need a min of 2 years in business, a 650 credit score, and $30,000 a month in revenue.

FUNDING PROGRAM #5 - Equipment Loans and Leases: Provide money to small businesses for office equipment, like copy machines and computers, or things such as machinery, tools, and vehicles. Instead of paying for the large purchases all at once upfront, equipment loans allow business owners to make monthly payments on the items. One benefit of equipment loans is that they are often easier to obtain than some other types of loans because the equipment being purchased or leased serves as collateral. Equipment loans preserve cash flow since they don’t require a large down payment and may offer some tax write-offs.

Min Requirements: In order to qualify for equipment loans you will need a min of 2 years in business, a 620 credit score, and $20,000 a month in revenue.

FUNDING PROGRAM #6 - Invoice Factoring: Invoice factoring is not a loan. Rather, you sell your invoices at a discount to a factoring company in exchange for a lump sum of cash. The factoring company then owns the invoices and gets paid when it collects from your customers, typically in 30 to 90 days. Invoice factoring can provide immediate working capital to help cover a funding gap caused by slow-paying customers.

Min Requirements: In order to qualify for equipment loans you will need a min of 2 years in business and $20,000 in monthly revenue. In addition, you will also need good commercial credit. This service can be expensive. The factoring company may need to verify the creditworthiness of your customers.