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    2 Minute Quote        Working Capital Loan        Business Cash Advance        $200,000 Plus       Referral Partners        Line of Credit

   $200,000 Plus



















 
Commercial Working Capital Facilities $200,000 - $3,000,000

Commercial loans based on your annual revenues and credit card sales.

Middle ticket sized loans with terms extended up to 24 months. Rates and terms will vary with the size of the loan and credit profile of the borrower. Excellent funding opportunity for large franchisees, grocery stores, hotel/motels and restaurant and retail chains.

Loan Amount: 5% of annual revenues up to 1X average monthly credit card sales volume
Use of Proceeds: Business purposes including unexpected expenses
Term: 6-24 months
Payment Factor: 1% per month - 1.06 to 1.24 depending on credit qualifications and size of loan
Daily Payment: Based on a 260 work days a year
Payment Method: Lockbox for credit card processing settlements
Origination Fee: 2% withheld from loan proceeds
Credit Requirements: Receipt and acceptable review of the following items:
Signed Application
12 months merchant processing statements
3 months bank statements
Previous Year's Business Tax Returns
Year End Financial Statements
Most recent interim corporate financial statement.
Previous Year's Personal Tax Returns
Current Personal Financial Statement
Current account statements on any outstanding Commercial (bank) loan(s).
Approval Timeline: Two (2) Business days upon receipt of all Credit Requirements
Funding Timeline: Upon approval, a Terms Letter will be issued outlining the details of the loan. The loan can typically be documented and funded within ten (10) business days of acceptance of the Terms Letter.
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We'll get you the best offers:
Auto Repair Shops    |    B2B Services    |    Bars    |    Dentists    |    Beauty Salons & Spas    |    Doctors    |    Franchises    |    Grocery Stores
Light Manufacturing    |    Medical Clinics    |    Nightclubs    |    Hotels/Motels    |    Restaurants    |    Retail Stores    |    Tanning

Channel Partners LLC   |   6433 Sycamore Court N   |   Maple Grove, MN 55369   |   (866) 594-8880   |   information@channelpartnersllc.com