NEED MORE MONEY THAN THE REGULAR REVENUE BASED LOANS WILL FUND?

JDB FINANCIAL NOW OFFERS COLLATERAL BASED REVENUE LOANS.

REVENUE AND ASSET BASED = MORE MONEY FOR YOU!

HIGHER LOAN AMOUNTS BECAUSE WE ASK FOR  LIENS ON HARD ASSETS (REAL ESTATE, LARGE EQUIPMENT & VEHICLES)                                                                                                                                                                                                           

o    FUNDING UP TO $500K! (MINIMUM $20K)

o    3-5 DAYS TO CLOSE!

o    UP TO 100% OF GROSS MONTHLY INCOME! Must show capability to support debt

o    NO PRE PAYMENT PENALTY!

o    60% OF THE EQUITY IN THE COLLATERAL

o    NO UPFRONT FEES

o    WE WILL GO BEHIND COMPETITORS’ UCCS/2^ND POSITION

o    TAX LIENS (WITH PAYMENT PLANS) OK

o    NSFS OK

BENEFITS:

ü  NO OUT OF POCKET COSTS!

ü  NO MONTHLY PAYMENT!

ü  NO BALLOON PAYMENT!

ü  NO MERCHANT PROCESSING!

ü  PAY BACK VIA DAILY ACH INSTEAD OF ONE LARGE MONTHLY PAYMENT (5 Days a week)

ü  NO TAKING MONEY FROM YOUR CREDIT CARD INCOME LIKE MERCHANT CASH ADVANCES! CRITICAL FOR YOUR CASH FLOW!                                                    

Additional Benefits To Business Revenue Lending

Many of our partners will allow the business owner to “re-up” once 50% of the balance on the loan is paid off. So business owners can add additional funds into the business account if need be. This allows someone with troubled credit, trouble bank statements, a restricted industry etc. to access additional funds where the alternative would be a bank turndown.

AVAILABLE IN: Alabama, Arizona, Delaware, Hawaii, Idaho, Illinois, Indiana , Iowa, Kansas,  Kentucky, Louisiana ,Maine, Maryland, Minnesota, Mississippi, Missouri  Nebraska , New Hampshire,  New Mexico, North Carolina, Oregon Pennsylvania, Utah South, Carolina, Virginia, Washington, Washington D.C., West Virginia, Wisconsin, Wyoming

“GIFT OF REVENUE” – A SEPARATE BUSINESS OR ANOTHER BUSINESS OWNER CAN GIFT A GIFT OF REVENUE BY CO-SIGNING.  WE WILL LEND 200% OF THE COMBINED MONTHLY GROSS REVENUE FOR BOTH COMPANIES!  WE CAN EVEN USE W2 INCOME! 

Documentation of all collateral:

-Business and personal Real estate:

v  Property address

v  Whether it is commercial or residential

v  Date purchased

v  Purchase price

v  Amount owed against property (if any)

v  Title held in which name

v  Copy of appraisal if they have (can accept up to 5 year old appraisal)

v  Copy of most recent mortgage statement

-Business and personal Vehicles: Pics from all four sides, pics of the odometers and license plates

-Business and personal Equipment: list, pics, names, serial numbers

*These are base guideline costs that DO NOT take into account credit, years in business, use of proceeds or quantity and quality of collateral pledged.  The higher your FICO, the number of years in business, use of proceeds for growth and the amount of collateral pledged will allow us to lower the cost and increase the loan amount.

Name(required)

Email(required)

Phone

Monthly Gross Income(required)

What state is the business located(required)

Do you accept credit cards(required)

Yes No

Do you deposit more than 10K a month into your bank(required)

Yes No

Requested loan amount

Comment

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What is Revenue Based Lending?

Revenue-Based Funding

This program is designed to help you get funding based on your business revenue only, and you can be approved even if you are a brand new

startup business in business at least 3 months. The lenders typically will not ask for business plans, resumes, or any other of the documents so commonly requested with conventional bank funding.

This program is as close to a “no-doc” program as you can get with business funding.

Approval amounts range from $5,000-$500K based on the amount of current revenue your business reflects on your business bank statements. To determine your approval amount the lender will review 3-6 months of your bank statements. If your statements reflect you earn more than $120,000 in revenue, if you don’t have a lot of Non-Sufficient-Funds showing on your banks statements, and if you are processing 20 or more transactions in a month, you stand a great chance of being approved.

Loan terms are typically between 6-18 months and you can be approved with as low as a 450 consumer credit score. To pay back the loan they will collect a portion of your future revenue until the loan is paid back in its entirety. This is a nice benefit as if your revenue drops in a month, so will your repayment obligation.

This is an exceptional funding program for any business that has consistent revenue each month, even if you don’t have financials to supply. All that is reviewed for approval is your bank statements and sometimes your merchant statements. So if those statements are solid, you stand a great chance of being approved.

Alternative financing can be the best solution for businesses that have been rejected or just want a more flexible funding system than a traditional bank loan. Revenue-based funding, which is growing in popularity, is best for businesses that want a lender who will take into account their actual revenue. This means business owners can focus on their work, secure in the knowledge that revenues will pay back the loan.

Who Should Do It

This financing system is best for new business owners who don’t have much collateral. The small business eager to expand or improve their current situation has now the opportunity to get funds for purchasing inventory, facility expansion or launching a marketing campaign. Because this is a true loan, the business credit score will also improve.

 What are 5 quick benefits of RBF?

1.       RBF allows startups to immediately leverage future revenue streams;

2.       Most RBF agreements don’t require personal liability on the part of the entrepreneur;

3.       Where it makes sense, RBF allows businesses to raise capital without taking onerous bank covenants (debt) and without giving up precious ownership of their businesses (equity);

4.       Flexible payments (a percentage of sales); and

5.       RBF aligns the entrepreneur and investor around growing sales (rather than creating conflicts of interest around personal liability or a quick exit).                                                                      

 Additional Benefits To Business Revenue Lending

Many of our partners will allow the business owner to “re-up” once 50% of the balance on the loan is paid off. So business owners can add additional funds into the business account if need be. This allows someone with troubled credit, trouble bank statements, a restricted industry etc. to access additional funds where the alternative would be a bank turndown.

 MORE BENEFITS:

ü  NO OUT OF POCKET COSTS!

ü  NO MONTHLY PAYMENT!

ü  NO BALLOON PAYMENT!

ü  NO MERCHANT PROCESSING!

ü  PAY BACK VIA DAILY ACH INSTEAD OF ONE LARGE MONTHLY PAYMENT (5 Days a week)

ü  NO TAKING MONEY FROM YOUR CREDIT CARD INCOME LIKE MERCHANT CASH ADVANCES! CRITICAL FOR YOUR CASH FLOW!

 

Loan Approval

Depending on where you apply, terms will vary. Our clients can receive as much as $1 million dollars and terms up to 18 months with revenue-based financing. Quick approvals are common with this form of financing, usually within 24 hours. Funding the loan can take as little as 2 to 7 days from start to finish.

Revenue-based financing can make all the difference to new entrepreneurs who have high gross margins or revenues, but little collateral. Bank loan alternatives are just a new way for entrepreneurs to make their dreams come true. As long as you read the details of the agreement and assess your past financial history, alternatives may be the way to go.

The Client borrows 5% to 20% (often up to 100% of the monthly bank deposits) of the annual gross flowing through the bank account. The loan is repaid daily or weekly by ACH payments. This is a loan NOT a merchant cash advance.

Criteria: 

1) 6 months bank statements showing minimum of $10,000.00 monthly

2) Minimum 450 credit score

3) Copy of state issued ID

4) Copy of business license or professional license

5) Voided business account check

6) Copy of terms & signature page of business lease agreement.

7) Complete application

8) Most current business tax return

 

No upfront fees! Flexible Terms, Close in Days

Click to apply online now!

Contact Us Today:

Name(required)

Email(required)

Do Accept Credit Credit (required)

Yes No

How Much Funding Are You Seeking(required)

What State is The Business In(required)

Do You Deposit $10,000+ a Month into Your Bank(required)

Have You Been In Business More Than 6 Months(required)

Yes No

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RESIDENTIAL & COMMERCIAL STATED LOANS ARE BACK!

DID YOU HEAR THE NEWS

RESIDENTIAL & COMMERCIAL STATED LOANS ARE BACK!

• No personal financial docs required
• No limit on number of properties owned

 

The application process is simple with fast answers.  Send us the following:

1. 1003 or any Loan Application
2. Credit Report
3. Use of proceeds
4. Property Financials

• Loan Amount                           $50,000 to $2,000,000.00
• Loan Term                                1 to 5 Years
• Rate                                             12% to 15% or 30 year fully amortizing STARTING @8%
• Prepayment Penalty            None or 5,4,3,2,1
• Maximum LTV                        70%
• Minimum Property Value  $50,000
• Credit Scores                           Minimum Score 400 (650 for deals or 250K)
• Property Types                      2-4 unit property (1 unit min loan amount is 100K)

                                                                     5+ Multi-Family

                                                                      Mixed Use

                                                                      Office/Warehouse

                                                                      Retail (Strip or Center)

                                                                       Motel/Hotel

                                                                       Garage/Storage

                                                                       Small Commercial

                                                                       Auto Body/Auto Repair

 

 

SMALL COMMERCIAL REHAB LOANS also AVAILABLE

• Multi-family Properties Only
• Minimum FICO is 600
• 1 year term, with renewal option
• Purchases: 50% LTV based on the Purchase Price + Cost of Improvements or Completion Value (whichever is less)
• Reimbursement draws, rehab funds released as work is completed
• Refinances 50% LTV on appraised value
• No seasoning required
• BPO’s done to keep the cost

APPLY ONLINE TODAY

For More Details Contact James J. Bullock

james@thathardmoneyguy.com

(Office) 330 832 5253 (Cell) 678 308 7480

www.jdbfinancialllc.com

 

 

 Specializing in Residential & Commercial Hard Money Loans & Business Loans and Lines of Credit.

 

 

STATED LOAN PROGRAM-RESIDENTIAL & COMMERCIAL NATIONWIDE

STATED, 1-4 FAMILY & COMMERCIAL PROPERTIES NATIONWIDE

Income Producing & Non-Owner Occupied
• No limit on number of properties owned
• No tax returns required
• Loans From 150K to $2 million
• Up to 70% LTV
• 650 fico (exceptions case by case)

COMMON-SENSE UNDERWRITING APPROACH

Transaction Type………………… Purchase, Refinance & Cash-out Refinance, No seasoning requirements
Loan Amounts..……………………$150,000 to $2,000,000 (exceptions case by case)
Amortization/Term……………… 30 year fully amortizing / 30 year loan (3 and 5 year fixed)
Rate ……………………………… 7.5 to 9.5%
Prepayment Penalty……………… 5% for each year loan is fixed.
DCR Requirements…………..… Class I: 1.20x, Class II: 1.25x

Additional Lending Guidelines:
• Appraisal Dep. required for third party reports
• Impounds for property taxes and insurance required
• CLTV = 10% Above LTV

Submission Docs required:
1. Loan App- http://jdbfinancialllc.com/_documents/commercialloanapp.pdf
2. 1003 – http://jdbfinancialllc.com/_documents/loan_application.pdf
3. Rent Roll
4. Lease(s)
5. 2012 & YTD property financials
6. 2 months bank statement
7. Interior and Exterior Photos

WHEN THE BANKS SAY NO, WE’RE YOUR NEXT

Michigan (Detroit included) Residential & Commercial Hard Money Loans.

 

No fico requirements, No upfront fees, Purchase & Refinance

 

 

Up to 80% loan to purchase price or 65% of Market Value (whichever is lower)   Cross Collateral	Up to 55% on commercial properties   100% CLTV
8 points	Up to 24 Months
DSCR 1.0%   15% interest rate, I/O	Non Resident Alien
No prepayment penalty   Close in 10 to 20 Days   NOO Only   Seller seconds OK   Unseasoned refinances   55% for cash out refinances
Download an app today

 

WE THE BANKS SAY “NO”, WE’RE YOUR NEXT CALL

 

 

 JDB Financial LLC ~ info@jdbfinancialll.com ~ 330 832 5253 ~ http://www.jdbfinancialllc.com

Private Money Business Loan Program

An alternate source of funding for small businesses. We make small investments, for short amounts of time, in small companies. we purchase a portion of the company’s entire income stream. We can work with just about any business, with the exception of non revenue companies and Start-ups (must be in business a minimum of 1 year, 2 preferred). Specifically, we invest $50,000 to $250,000 for 6 to 12 months in companies with sales of less than $5 million per year and which have fewer than 20 employees. Our “sweet spot” client is someone who has an ongoing business with predictable income, has an expansion opportunity and needs funds, yet cannot get traditional financing for one reason or another.

We look to bridge the gap between long-term financing options, like bank loans and equity investments; and short-term options like factoring. Our model is also flexible. We seek out companies who need capital to help them “bridge” to a future event that will increase income.
 Rapid Sales Growth
 Expansion or Acquisition
 New Product Line
 Additional Headcount
 New Marketing or Promotion Strategy
 Inventory
 Payment of One-Time or Non-Recurring Expenses

Terms:
o Monthly discount rate is 1.83%. (not a interest rate)
o Funding amounts typically range between $50k – $250k.
o Payments should not exceed 20% of monthly income
o Margins of 35% or higher
o Our typical repayment period is 12 months (6 month minimum).
o No closing cost, no PPP or upfront fees
o Monthly or weekly payments
o No Fico score required

Submission Docs:
1. 12 months bank statements
2. Most current year’s business tax return
3. YTD business financials

FAQ:

Q: Is there a certain type of industry you will NOT fund?
A: We do not fund companies with no revenue. Typically will not do fund retailers or restaurants(low margins)
Q: How long do I need to have been in business?
A: At least 1 year, 2 preferred.
Q: How long does it take to close?
A: Average is 30 days, can be less if client is responsive about getting desired paperwork back.
Q: Is there a personal credit score requirement?
A: Not necessarily. If someone has a FICO in the 400s…it makes you wonder. But many of our clients do not have perfect credit.
Q: What about tax liens and or judgments?
A: If the lien is satisfied and there is a payment plan in place, not necessarily a deal killer.

 

Name(required)

Email(required)

Years in business(required)

6 months to 1 year 1 to 2 years 3 year+

Type of business(required)

Gross annual income(required)

Website

Comment(required)

Submit

Δ

HARD MONEY PURCHASE AND REHAB LOAN

The fix & flip program is designed for the residential real estate investor. This program will provide the funds for the purchase and the rehab of your investment property 1 – 4 units. The basic terms are as follows:

Nationwide

• No minimum down payment
• 100% Funding is available
• Up to 70% ARV loans up to 80%+ funding
• 1-4 unit rehabs (we will lend on larger rehabs case by case)
• 3-12 months term
• $30k – $1M (larger case by case)
• 12-15% interest only
• Points – 5-8% (min fee applies on smaller loans)
• Quick Closings!

DOWNLOAD APP

 

Name(required)

Email(required)

ARV(required)

Requested Loan Amount(required)

Cost of Rehab(required)

What state in the property located(required)

Comment

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Δ

MERCHANT CASH ADVANCE PROGRAM

 

Want Money for Your Business

How MCA Works

Lender purchases a set dollar amount of your business’s future Visa/Mastercard sales at a discount, in exchange the lender pays your business cash today. Then, through an automated process, the lender collect the agreed upon amount by taking a small percentage from each Visa/Mastercard transaction.

Our goal is to get working capital in the hands of your business quickly. This financing program has become an important alternative to traditional bank lending as a source for short term funds.

Merchant Cash Advances can make all the difference to new entrepreneurs who have high gross margins or revenues, but little collateral.

 

Fast and easy approval process provides quick access to funds! Loans from 5K to 100K

Use the money to expand, renovate, advertise and purchase inventory or anything else you can think of!

In the new economy it can be very difficult or impossible for a small business owner or entrepreneur to find capital to fund small business growth. Historically, small businesses and entrepreneurs have sought capital through “Angel’ investors and traditional lending institutions, however these options are increasingly unavailable even to well established businesses. The merchant cash advance model, (MCA), is a financing plan that was introduced over 20 years ago and is gaining popularity today. The MCA model provides unique benefits to both the small business and the investor.

High approval rate
4 to 24 Month Terms
No interest payments
No Credit Requirements
Onlines Businesses welcome

 GET STARTED TODAY

           –         14.99% simple interest rate on 12 month loans & 12.99% on 6 month loans (case by case)

           –         Borrowers in repayment programs and tax liens are OK.

           –         Loan funds can be used for ANY purpose.

           –         Our doc requirements are 2 years tax returns and 6 month business returns, DL and a voided check.

           –         Eligible for more money once loan is paid down 50%.

           –         Ok to have other business loans…some may need to seasoned 90 days.

No monthly minimum payments. No upfront costs or hidden fees.  No usage restrictions

Basic requirements for Merchant Cash Advances:

1. Been in business for at least 9 months
2. Processing over $10,000 per month in Visa/MasterCard  

 

 

 

 

 

 

GET STARTED TODAY

 

 

 

james@thathardmoneyguy.com

330 832 5253 (f) 330 754 1419

 

UNSECURED BUSINESS AND PERSONAL LINES OF CREDIT PROGRAMS

We provide entrepreneurs with flexible funding the need to succeed.

JDB Financial LLC can get you funding fast by leveraging the strength of your personal credit.

We’ve added quite an array of products for business owners and for the individual.   All cash programs require financial documentation

Our in-depth understanding of small business lending means we can provide lines of credit to new and growing businesses in as fast as 2 weeks.

About Business Credit Lines

• Grow your business with up to $200,000
• Flexible, only pay interest on funds you use
• Will not hurt or show up on your personal credit
• Easier to qualify for than normal loans
• Start fast, don’t miss opportunities
• Approvals in 2 business days
• Funding as fast as 10 to 30 business days, depending on funding amount
• Enjoy introductory rates as low as 0%

Common Uses

• Start a new business
• Market to new clients
• Acquiring new equipment or supplies
• Build a website, start online marketing
• Create great new products or services!
• Make payroll
• Working capital
• Buy real estate, great for wholesalers and rehab jobs

 Program 1. Business and Personal Cash Lines of Credit

This is a credit and income driven program.

Funds up to 250K with business credits, 150K w/o cards

All three credit scores must be 680 or higher.

Required Docs for Business LOCs:

1. Most current years business and personal tax returns a full doc program
2. Most current years balance sheet

Required Docs for Personal LOCs:

1. pay stubs/w2s/1099s at the minimum

 

GET STARTED TODAY

Program 2. Combination Funding

This is a credit and income driven program.

Funds up to 850K through a combination of business and personal lines of credit, loans and credit cards with an emphasis on business funding products

All three credit scores must be 700 or higher.

Required Docs for Business LOCs:

1. Most current years business and personal tax returns a full doc program
2. Most current years balance sheet
3. Articles of incorporation

Required Docs for Personal LOCs:

1. Pay stubs /w2s/1099s at the minimum

 GET START TODAY

Program 3. No Doc Business Credit Cards Only

This a credit driven product, no docs required

Cards can easily be converted to cash

All three credit scores must be 700 or higher. (We’ve funded as low as 660)

This program has a credit repair component, if your credit profile is not quite where it needs to be to receive funding, we’ll work with to you to get your credit were it needs to be to get funding.

Business credit building through Dunn & Brad is also a component of this program.  This program goes far beyond basic funding, the support system to get you business financially sound is unmatched

 GET STARTED TODAY!

 Option 1. Business Term Loan

Income, asset and credit driven program

Get for established businesses, looking for working or expansion capital

Loans from $50,000 to $5 million

• 48 hours pre-approval

• Low interest rates (10.99% or less)

• Free loan assessment consultation

• Package the loan application

• Assist you throughout the process

GET STARTED TODAY 

 

WHEN THE BANKS SAY “NO”, I AM YOUR NEXT CALL

100% Financing, does it really exist? Two Proven Methods For 100% Financing

NO! Stop wasting your time searching, it’s like searching for bigfoot. In all seriousness, 100% funding is very hard to find. Lenders of all types want to see skin in the game. They want to know you are vested in the project. There are some cases where ARV lenders will roll all cost into the loan, if the numbers will allow for it. Even with this type of loan, reserves will be required. HOWEVER, there are a few creative ways to structure a 100% financed deal. Below you will find two easy, but effective ways to structure a 100% financed deal!

1.  100% CLTV

This is a deal where a lender will lend you the borrower a certain percentage of the purchase price, normally 55 to 65%. The lender will take first position and allow the seller to carry a 2^nd position mortgage for the remaining balance of the purchase price. To make a transaction like this you need one thing;

A cooperative and creative seller. The seller must be willing to accept the fact he/she may not get the entire sales price in one lump sum. You may have to be able to clearly explain the structure of a transaction like this to the seller to ensure he/she feels comfortable with this type of deal structure. Let the seller know the mortgage and lien will be recorded and there are no additional costs to the seller to make this deal work. Often your Hard Money Guy will be willing to speak to the seller and help explain the process and aid you in giving the seller the “warm and fuzzies” about the deal. Older or retired sellers, burnt out landlords, absentee owners and owners who own their properties free and clear are good candidates for this type of deal structure. Don’t be afraid to offer structure like this, the thought of residual income is appealing to many sellers; what’s the worse they can say, no? If you’re a serious investor you’ve heard no several times. My mentor told me if my first offer didn’t embarrass myself, I offered too much. (Maybe that’s why I am a finance guy and not an investor).

When won’t this structure work?

a)      Bank owned properties (REOs), will not be an option. Banks are the opposite of cooperative and creative.

b)      Sellers with a high balance mortgage on the property will also not be a fit for this deal structure. The amount of the first position loan must exceed the amount of the mortgage on the subject property.

c)       Deals were realtors are involved may be present an obstacle as well. Realtors are paid a percentage of the sales price, so some realtors may advise the seller NOT to accept your offer. Not that I blame them, I’d rather be paid on the full amount as well. However, the seller can still pay the realtor a commission based off of the entire sales price; problem solved.

2.  Cross-Collateralization

With cross- collateralization you or a partner must own a piece of property free and clear. The free and clear property can be used in lieu of the cash down payment the lender will require for your purchase. Of course the value of your free and clear property must be equal to or greater than the amount you need for the down payment. The lender will place a lien on your free and clear property as well as the subject property. This structure does not require cooperation from the seller. It does not affect the broker’s commission. It’s all about the property you are collateralizing. Be prepared to pay for an appraisal on both the F&C property and the subject property, but in some cases the lender will settle for a BPO. Not every lender will allow for 100% financing transactions like this, but your Hard Money Guy should be able to help you find a lending source who allow for deals structured like this.

Unfortunately I don’t have one big 100%, free money loan for you, but I have given two realistic, legal ways to get 100% funding for your investment deals. Even with these two types of transactions most lenders will want to see you pay the closing cost and points and will also want to see that you have liquid reserves.  The truth sometimes sucks, but it needs to be said. Add these two deal structuring methods to your mental rolodex and go make some offers!

I look forward to being your source for real estate and business funding

That Hard Money Guy

james@thathardmoneyguy.com

www.thathardmoneyguy.com

330 832 5253

 

When the banks say “NO”, I’m your next call

National and International Asset Based Lending (ABL)

JDB helps middle market companies by providing them with various financial products, ABL and business loans to meet their financing needs. Providing financing in over 15 foreign currencies and has a presence in 5 continents. Asset-Based loans provide businesses with immediate funds and ongoing cash flow in the form of a revolving line of credit based on a percentage of the value of the company’s assets, such as commercial accounts receivable, machinery & equipment and inventory. Businesses pay interest only on the funds they’ve drawn.  

Our Products and services include:

• Nationwide and International Receivables Finance Facilities
• Invoice Discounting (Is an ideal financial solution for clients who need working capital but wish to retain control of invoicing, collection, and sales ledger management. With Invoice Discounting Program, clients receive cash in advance of the maturity date of invoices. Non-notification options are also available, where buyers remain unaware of the lenders involvement.)
• Asset Based Loans
• Account Receivables
• Machinery & Equipment
• Inventory

 Features:

• Up to 85% advancement on Domestic and Foreign Receivables
• 50 to 70% on Inventory, Machinery and Equipment
• Facility size of $250,000 to $15,000,000
• Financing in over 15 currencies
• Accounts receivable collections are directed lockbox. All information accompanying the payment is forwarded to your company.
• Settlement of funds are made either weekly or monthly, depending on volume and your company’s needs.
• The insurance policy is managed by your company or by an assigned broker. lender is named Loss Payee

Criteria

Most companies qualifying for an asset-based loan will be B2Bs (business-to-business) in manufacturing, wholesale, distribution or business services generating commercial accounts receivable invoices. In most cases, annual sales range between $1 million and $250 million. The due diligence period for lines of credit approvals are often 20 to 30 days and require the following:

• Balance sheet tangible equity
• High quality account debtors
• Cash lockbox receipts through SCC
• Low dilution of accounts receivable
• Two years of tax returns
• Personal guaranty from ownership group
• First secured position on all assets of borrower
• Satisfactory third party collateral field examination prior to funding

  Top 5 Reasons Companies Choose Asset-Based Lending

• Optimize working capital
• Transaction Size Asset-Based revolving lines of credit range from $250,000 to $15 million.
• Support continued growth
• Take advantage of opportunities
• Need for flexible and customized package
• Unable to get traditional financing due to high growth, limited sales history or restructuring situations

We will need to collect the following to obtain proposals from potential lending sources:

1. Your current accounts receivable and accounts payable aging reports
2. A current customer list
3. Financial statements for the past two years along with the current year-to-date statement
4. Sample of an open invoice
5. Overview/description of your business
6. Location and name of your business

When the banks say “NO,” I am your next call

info@jdbfinancialllc.com

330 832 5253

www.jdbfinancialllc.com

www.thathardmoneyguy.com

Online Retail Businesses and Retail businesses!!

Currently and always funding Online Retail Businesses and Retail businesses!!

Ebay and Amazon stores are welcome! 14.99% Simple Interest Rate ( no factor rate) at 12 months up to 100K!
http://screencast.com/t/vtxhv22zz. (Breakdown)

-No Penalty for early repayment!
-Instant Online Credit approval!!

Submission Requirements are:

• Retail and Medical Office type businesses
• Most Recent 6 months Business Bank Statements
• Most Recent 2 years Business Federal Tax Returns – All Pages – All Schedules
• Business Checking Account – Voided Check
• Borrowers Valid Driver’s License

To Help you identify if your loan fits the Parameters:

• Deposit Amounts Each Month $10K or greater
• Number of Deposits Each Month 15 or greater
• Average Daily Ledger/Balance Each Month $3K or greater

When the banks say “NO,” I’m your next call!
james@thathardmoneyguy.com
http://www.jdbfinancialllc.com

330 832 5253