Remember, this is a hard money loan and there is risk to the investor and rates will vary. The term is either 60 days or sooner upon successful funding.
Simple, here are some guidelines. You may not have any derogatory information on your credit report, you must have no more than 2 inquiries on any of your credit reports, your revolving debt can not be higher than $35,000, and your credit report must not contain less than 10 total accounts either open or closed.
Yes, absolutely! We have a private investor that can provide you with a temporary hard money loan to your business for up to $35,000 to reduce your revolving balances. Once you get your new funding, you pay off the hard money loan. A HELOC is not calculated as a revolving debt.
Yes, absolutely! You will start to get approvals for multiple CASH Lines of Credit and Loans in as little as 3 to 14 Days - Up to $150,000 with NO Income Documentation or up to 1/2 Million with Full Documentation. Our average client tends to be from $75,000 - $150,000 in CASH Lines of Credit and Loans.
Our special program will guarantee you will receive $50k in Business and Personal Funding within 120 days. If after 120 days, from your first approved application, you do not receive at least a full $50k in funding, you will receive 100% of your money back. This is not pro-rated. For example, if MBC only helps you acquire $46k in funding, you pay us nothing. This is not vendor credit. It will be in the form of business lines of credit, business credit card lines, personal installments accounts, and personal credit card lines. To pre-qualify for this program you need to have a minimum of 680 credit score to be considered. For more specific details, please contact an Account Executive and review our service agreement. show more...
