BUSINESS AND WORKING CAPITAL FINANCING

BUSINESS AND WORKING CAPITAL FUNDING

Many businesses and business owners face the challenge of finding the capital to improve or increase the cash flow of the business, especially when in a growth cycle. We understand these pressures, and our programs are geared to growing with you as a business. Unlike banks or asset-based lenders, we look primarily to the assets of your business; our facilities grow with you and will not affect the ownership or equity of your business.

What is Working Capital?

Working capital is the cash you have on hand to operate your business day-to-day. When you are short on working capital, you can’t grow, because you are always struggling to keep yourself in business by making payroll, paying down trade payables, and taking advantage of vendor discounts. Sound familiar?

Working capital is vital to a business. Businesses have to have funds available to pay their day to day bills, wages and so on. It is very important to a company to manage its working capital carefully. This is particularly true where there is a substantial time lag between making the product and receiving the money for it. In this situation the company has paid out all the costs associated with making the product (labor, raw materials and so on) but has not received payment for the product. They must therefore ensure they have enough cash flow to continue producing until they are paid for their product or service.

If you could use some extra cash flow to finance your new growth, start a new company, or get your company through a difficult period, We provides immediate working capital financing for nearly all business types. Close in days, not months.

 

Fast & Easy Working Capital Lines and loans in the form of:

Asset-Based Lending National & International Funding 100K to 20M

A/R

Inventory

Equipment & Machinery

A/R Factoring US & Canada 50K to 2M

Medical Billing

Insurance Billing

Construction/Process Billing

Gov’t Billing

Non Notification Billing

Non Recourse Billing

Unsecured Lines of credit (UBLOC) 10k to 200K

Business & Personal Lines

Business & Personal Credit Cards

Merchant Cash Advance 5k to 500K

For the cash advance- Merchant must be conducting business for more than 6 months at a minimum. Credit is not an issue, borrower must have credit cards sales

Revenue Based Business Loans must 5K to 2M

Credit not an issue. Funding based of monthly revenue flowing through the bank accounts. Must be conducting business for 12 months or more

Stock Loans & Lines of Credit 100K to 5M

Credit is not an issue- Quotes usually take between 1-3 business days. Money can be used for virtually anything. LTV’s up to 90%. This is a valuable tool that investors are using to get cash without having to liquidate their portfolios! Cheaper and faster than a HML, rates starting at 2.5%!

Working capital easy & fast

When the banks say “NO,” we’re your next call

info@jdbfinancialllc.com

330 832 5253

Apply today!

Unsecured Business Lines of Credit – UBLOC

 

Program 1. Up to $750,000 in total unsecured lines of credit, working capital loans and business loans. This still requires a personal guarantee as this is an uncollateralized loan. Excellent credit is required with NO HISTORY in 10 years of any BKs, PUBLIC RECORDS or LIENS. FULL DOC only with $350K as gross income and $100K as *net minimum* being reported on 2012 taxes.

CRITERIA FOR PERSONAL GURANTEE: Minimum 700 credit score. No collections, charge offs, bankruptcy or foreclosure within the last 5 years. Source of income (self employed, W-2, Cash, LLC, Corporation).  Minimum two (2) current (open) lines of revolving credit for a minimum of two (2) years.  40% or less revolving debt to credit ratio.

Program 2. up to $250,000.00 This still requires a personal guarantee as this is an uncollateralized loan. A business must have a minimum of 2 years history.

CRITERIA FOR PERSONAL GURANTEE: Minimum 700 credit score.  Minimum 650 credit score for: a Doctor, CPA, Attorney or any Professional Practice.

No collections, charge offs, bankruptcy or foreclosure within the last 5 years. Source of income (self employed, W-2, Cash, LLC, Corporation).  Minimum two (2) current (open) lines of revolving credit for a minimum of two (2) years.  40% or less revolving debt to credit ratio.

Business & Personal Credit Cards

 

Business Credit cards:

Up to $125K per SSN approved with the use of multiple corporations.  The companies need to be in existence for only 1 year and there is no financial documentation required

Personal credit cards

No doc.  up to $100K of these depending on geography within a matter of 5 business days.  If you can supply w2s and paystubs showing employment income (or a 1099,) another $75K in cash loans and lines.  All personal credit requires excellent FICO scores to get max funding.

Minimum requirements which are flexible on a case by case basis. These are basic guidelines and we will not attempt to underwrite in the field.

 

There are a few preliminary steps that we must take in order to facilitate your financing. The first thing that we must do is obtain your credit score. Please log into: www.creditchecktotal.com and set up an account. You can get an introductory account for $1.00. Please maintain this account for

the next 30 days so that the underwriters can log into your account without creating unnecessary inquiries. If we cannot obtain funding for you we will let you know before the 30 days is up.

programs subject to change

 

 

Business Funding Made Easy

Many businesses and business owners face the challenge of finding the capital to improve or increase the cash flow of the business, especially when in a growth cycle. We understand these pressures, and our programs are geared to growing with you as a business. Unlike banks or asset-based lenders, we look primarily to the assets of your business; our facilities grow with you and will not affect the ownership or equity of your business.

We can provide funding against your receivables where you sell to businesses on credit terms; this can include credit-worthy export customers. we uniquely have receivables funding business throughout Europe, Canada, Australia and India, and can consider not only export funding, but also look at collections servicing in many overseas companies.

We can also provide Purchase Order Finance though our dedicated division to provide the capital to fulfil those larger customers committed orders. Our expertise also includes specialized programs for trucking companies.

We specialize in providing receivable financing to US-domiciled firms that have standard trade receivables due from federal, state or local government agencies or large, creditworthy US businesses.  Industries we finance include manufacturers, distributors and service companies of all descriptions.  We are not interested in consumer receivables or receivables for which payments are based on some future performance of services or delivery of products by the client (i.e., clients that bill their customers based on “percentage-of-completion” or “progress billings”).  We can usually respond with a comprehensive proposal within 24-48 hours after an application is received.  Firms with monthly revenues of at least $10,000 (this is minimum amount that we will consider – we offer credit facilities of up to $3.5 million) that cannot obtain adequate financing from banks or other traditional sources are good candidates for our services.  We can also work with customers that wish to supplement existing bank lines by providing financing on a portion of their receivables, leaving the balance of receivables to secure existing bank debt.

We do not require long-term contracts, we do not charge pre-payment penalties, we do not charge annual fees and we do not charge application fees.  The interest and fees we charge are very competitive and vary based principally on the volume of receivables that we expect to finance; our charges are always computed on a daily basis, so our clients do not pay for financing they don’t use or need.  The financing includes at no additional cost a lockbox feature to speed cash turnover.  Clients can access their account balances on the internet via a password-protected web site that is updated on a daily basis and is available 24/7.  We offer aggressive advance rates (up to 90%!) and any amount held back is remitted upon the next business day following collection.  We offer immediate funding via electronic funds transfer for approved invoices.  The interest, fees and advance rates are established upfront based on the client’s application.

Flexible Financing

Accounts Receivable Lines of Credit Up to $3.5 Million Factoring From $10,000 per Month and Up Purchase Order Finance Transportation Finance Business Lines of Credit Revenue Based Finance International Trade/ Export Finance Advances Against Earned and Unbilled Revenue  Specialist in Government Receivables Financing Finance Non Government Trade Receivables

Predictable Cash Flow

Easy Application Process Quick Decisions within 2 days No Locking Contracts, Application Fees or Exit FeesCompetitive Interest Rates and Fees Charged on the Net Amount Advanced Aggressive Advance Rates up to 90% Same Day Funding via Wire Transfer or ACH Free Lockbox Service with Same-Day Credit for all Payments Dependable Web-Based Account Access

Factoring | Government Receivables Finance | International Trade Finance | Transportation Finance | Revenue Based Finance |Business Lines of Credit| Merchant Accounts | Purchase Order Finance | Commercial and Residential Finance |

United States | Canada | UK | Ireland | France | Poland | Germany | Czech Republic | Slovakia | Sweden | Australia | India | Hong Kong

I am your guy for all your investment Real Estate and Business funding. james@thathardmoneyguy.com

www.jdbfinancialllc.com

 

Unsecured Business Lines of Credit

TERM SHEET FOR THE UNSECURED BUSINESS LINE OF CREDIT

Welcome we can close deals in all 50 states. All loans and lines of credit are uncollateralized signature loans. We specialize in procuring Unsecured Lines of Credit and Non Asset Based loans for our Clients. Our programs can be structured as No Doc, Light Doc or Full Doc. Loans are termed for 5 to 8 years, LOC’s are perpetual. We have no restrictions on use of funding.

This particular program funds loans ranging from $10,000.00 up to $150,000.00 on the personal guarantee side and up to $250,000.00 on the business side depending on credit. We work with internal bank reps and private administrators to structure the tightest deal possible for our Clients so that they receive maximum funding with minimal rates.

 

START UP BUSINESS FUNDING:

This product is specifically geared towards new fresh businesses that literally have

no history. There is no qualification for time in business. Your Clients business entity and federal tax ID (EIN) can literally be 1 day old. It will be guaranteed by your Clients personal signature.

 

EXISTING BUSINESS FUNDING:

The business side of up to $250,000.00 will be determined by how long the business has been in existence and what the business credit looks like. This still requires a personal guarantee as this is an uncollateralized loan. A business must have a minimum of 2 years history.

 

CRITERIA FOR PERSONAL GUARANTEE: (minimum requirements which are flexible on a case by case basis. These are basic guidelines and we will not attempt to underwrite in the field).

Minimum 700 credit score.

Minimum 650 credit score for: a Doctor, CPA, Attorney or any Professional Practice .

No collections, charge offs, bankruptcy or foreclosure within the last 5 years. Source of income (self employed, W-2, Cash, LLC, Corporation).

Minimum two (2) current (open) lines of revolving credit for a minimum of two (2) years.

40% or less revolving debt to credit ratio.

4 or less inquiries on each bureau.

OPTIMAL CLIENT WILL HAVE THE FOLLOWING: (max funding, min rate)

720+ credit score.

No major delinquencies on credit report (bankruptcy, foreclosure, judgment, lien). No minor delinquencies in last two (2) years (late or missed payments).

8 to 10 years credit history.

Good balance of open and current mortgage, installment and revolving debt. 30% or less revolving debt to credit ratio. More than $10,000.00 in credit limits. Less than $20,000.00 in credit card debt. Less than 20% debt to credit ratio. 4 or less inquiries on each bureau.

 

FUNDING EXPLANATIONS:

The lending environment is always shifting and ever changing on a daily basis. We attempt to take the path of least resistance in finding funding for our Clients. specialize in providing No Doc funding and this is the structure that we seek first. The underwriter will let your client know what the documentation options are.

 

No Doc:

No documentation needed whatsoever. If your credit score is good but the income you show doesn’t substantiate your current debt plus the new debt load and you are in a No Doc state like California, Florida, Arizona, etc.

 

Light Doc:

A pay stub and or a personal financial statement.

 

Full Doc:

Tax returns and a 4506T

Client must set up introductory account with http://www.creditchecktotal.com for $1.00. Please complete Pre-Qualification form and email to: submissions@jdbfinancialllc.com. It takes less than 24 hours to get your Client prequalified with a funding amount and terms. If Client agrees to funding amount, they will be sent an application package. The Client can get prequalified prior getting their business entity. Once we have them prequalified we can get a corp or llc within a couple of days if they don’t already have a clean corp.

 Client must have the business entity in place when they submit the application package. Approval is usually within 48 hours and concrete funding within 2 to 12 days of lender having a COMPLETED package. Client pays a fifteen (15%) success fee of total funded amount on the back end to the lender. Interest rate is 0% for the first 6 to 18 months. Thereafter, the interest on the utilized credit is usually less than 10% (depending on credit).

Click to get started today!

We look forward to working with you soon.

contact james@jdbfinancialllc.com or call 330 832 5252 for more info

http://www.jdbfinancialllc.com

A/R FACTORING DEALS AS ALTERNATIVE FINANCING:

Who Qualifies?

• Any business with commercial receivables may qualify (including those in Chapter 11 or with a negative net worth as long as their debtors are creditworthy)
• Line/Loans Size: 50K – 6mm
• LTV: Up to 90%
• Pricing: Usually between 1.25% – 2% charged monthly
• Revolving Credit lines (500k and above) – paid on employed funds accrued daily; pay on funds you use!
• Approval Process:  We can usually provide an initial funding of up to 90% of a business’s total outstanding A/R within 3 – 5 days of receiving a complete application.  Moving forward we fund daily as new invoices are generated (they just fax/ scan us a copy)

What can factoring do for you?

- Pay suppliers, 941 taxes, and employees promptly

- Serve larger customers and increase order size

- Eliminate credit-department costs

- Earn discounts from suppliers for making cash payments

- Have access to more funds than typically available from

bank financing

FACTORING APP

Contact James 330 832 5253  or james@jdbfinancialllc.com

 

Private Money Investing

Private Money Investing

 

 

Account    Jdbfin’s Blog

 

 

Private money investing is a type of financing in which a borrower receives funds, from a private investor, secured by real estate and or a personal guarantee from the borrower. This type of investing typically produces a regular, predictable income stream. A private money investor is the private source of funding for real estate investors. When an individual lends money to another individual on mutually agreeable terms, it is considered a Private Money loan.

CLICK FOR MORE INFO!

Many people equate private money investing with hard money loans. Hard money refers to a short term financed loan that is secured by real estate and often a personal guarantee from the borrower, adding another layer of protection for the investor/lender. Additionally, a private money investor is also known as a private money lender, a hard money lender or a hard money investor. They are essentially the same thing; private individuals lending their money directly to the borrower with interest rates, points and a promissory note secured by real estate.

Why would anyone consider becoming a Private Money Investor? Investing in loans secured by real estate offer a higher rate of return and lower risks. Private lending offers the investor more investment control. Anyone with money, stocks, IRA or just really good credit to invest, can become a Private Money Investor. Countless stock investors who grew tired of inconsistent returns and losses have become private money investors. Most of all you can invest in real estate without the hassles of being a landlord, dealing with contractors or tenants.

There are great advantages to being a Private Money Investor. There is no commission to invest your money. A private money investor can receive a relatively high yield from their investment; in most cases double digit returns. Despite the “bailouts”, banks are not making real estate investor loans. RE investors are desperate for funds. Private investors and hard Money Lenders have no competition and they are “cleaning up!” It’s time for you to seize the opportunity.

Flexibility is another advantage of being a Private Money Investor. As a PMI you have the option to invest in short or long term investments. Typically, a loan can mature as soon as 6 months or as long as 5 years. You enjoy the same benefits as the bank. The typical interest rate for a private money investment ranges from 6% – 18% depending upon the time frame, the purpose and other factors.

A common concern with any investment is that you may lose the money you invest. Smart investing includes risk management. Anyone offering a risk free investment is probably not being up front with you. Do your own due diligence.

It is the best interest of a private money investor to minimize risk and maximize return. Low loan-to-value ratio (LTV) increases the security of the loan. Furthermore, Private Money Investor loans are secured by real estate.

James Bullock of JDB Financial LLC is an investment advisor with over a decade of experience in real estate and residential / commercial financing.

 

 

Hard Money Loans

	JDB Financial LLC www.jdbfinancialllc.com
	Hard Money April 15, 2009
Hard Money Programs .Residential Hard Money .Residential Hard Money over 200K .Commercial Hard Money What exactly is “hard money”? It’s a real estate loan you get from a non-traditional lender, secured by the property and often not by you. Hard money interest rates range from 14% to 20%. The lender also charges “points” (one point is one percent of the loan amount, usually financed into the deal), which can range from 1 to 10. Why would someone use hard money? Because hard money lenders are primarily concerned about the property you’re buying, and not solely about you as a person. Typically, hard money lenders will loan you up to 65% of the after-repaired value of the property. The benefit of using hard money instead of bank financing is that if you buy a property that is worth 65% or less of the after-repaired value of the property, you can get into the deal for little or no money down and get the funding to purchase and rehab your property. Hard money lenders are much easier to work with than banks.	Residential Hard Money    Submit Your Loan Today! Residential Hard Money (purchase/refi & rehab) Up to 100% of the cost as long as total cost doesn’t exceed 70% of the ARV. 680 score min. TN,NY,OH,PA,IL,KS,MO,IN Full Doc loan Strong programs in TX,GA,MI      Residential Hard Money over 200K    Submit Your Loan Today! Residential Hard Money Purchase or Refi No Credit Requirements (case by case) 200k to 5M Up to 75% All states     Commercial Hard Money    Submit Your Loan Today! Commercial Loans (purchase/refi & rehab) Loan Amounts from 25k and up Credit Scores as low as 600 Up to 75% LTV Seller Carry-Backs OK! Raw Land up to 30% LTV Bulk REO Loans 1M min-7M max No credit requirements 70% LTC Must be in primary market area Properties must have a 40% discount   Flash Cash As Low as 4% + 300 App Fee 48 hrs Closings POF Letter Provided   JDB CALL TODAY!     678 383 8438 MAILTO: info@jdbfinancialllc.com
	James