Businesses with consistent revenue wanting to expand, upgrade equipment, meet payroll, or any other business purpose can do so with a working capital loan. At Fidelis Business Funding Solutions, LLC, we offer a simple application process designed to get your business the working capital it needs. We’ve partnered with non-bank direct lenders that have financing options for business owners of all credit levels, enabling us to help businesses that are considered too risky by traditional lenders. All you need is to fill out a one page funding application, submit last 3 months banks statements with business name on it, and recent tax return.
Requirements:
Minimum amount: $10,000
Maximum amount: $250,000
Minimum TIB: > 1 yr (Transportation > 4yrs)
Minimum FICO: 570
No Bankruptcy within 2 years
have at least 51% ownership
Loan Profile
Term/Period: 6 – 24 months
Not a Line of Credit
Not a Merchant Cash Advance
Tax Liens < $50 is ok (more than $50K requires a payment plan
Quick turnaround 24-48 hours
Once approved, we will present you with the buy rate and terms of the loan that way you can make an informed decision.
Lower quality credits may qualify for 4% to 6% of annual revenues, while higher quality credits may qualify for up to 8% of annual revenue.