WE PROMISE
to find the best possible solution for all of our business owners. Regardless of whether you’re a start-up company or a seasoned business owner with challenged credit, we have a SOLUTION for YOU!
A+ Plus Financial, the business solutions experts, offer direct strategies to set up, then accelerate your business growth in as little as 6 months!
Remember when you were a kid and you thought you could do anything you dreamed? But then you’re thinking changed….You went to school, and you started learning the limits of what’s possible. When you graduated, grades decided if you would have a good job. Then you landed the job that would
bring experience and offer a whole new world of hope.. Then on to another job and then another… As time went on, you started wondering if you will ever achieve anything truly GREAT.
One day you read about someone who had the same idea as you. He made it into a company. Now HE is a hero, and you think, “Why not me?”. You look around and see the people that “made it.” You realize they’re no smarter and in no way better than you! Before anyone ever told you what was possible, you already had the answer… Anything.. Your dream is still possible!
A+ Plus Financial goes beyond any business consulting solution anywhere! We don’t just work with already profiting companies. We are here with you from the beginning to wherever your vision takes you! Allow us to share our knowledge and expertise with you to establish and grow the financial footprint of your business.
We Offer A Variety Of Traditional & Non Traditional Funding Sources To Get The Job Done!
The Topics Below To See Some Of Our Creative Funding Solutions!
Business Revenue Lending
Business Revenue Lending will lend your business money based primarily on your current deposits into your bank account. If your business has $120,000 or more collected in revenue this year, you probably qualify for this program- even if you have personal credit challenges. Approval amounts range from $5,000-250,000 based on the amount of current revenue your business shows on your business bank statements. To determine the approval amount, the lender will review 4-6 months of your bank statements. If the statements reflect you earn more than $120,000 in annualized revenue, if you don’t have a lot of Non-Sufficient-Funds showing on the banks statements, and if you are processing 15 or more transactions in a month, You stand a great chance of being approved.
Loan terms are typically between 3-18 months and you can be approved with as low as a 480 consumer credit score. To pay back the loan you will collect a portion of the future revenue until the loan is paid back in its entirety. This is a nice benefit because if your revenue drops in a month, so will the 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 are the business bank statements and your merchant statements if applicable.
You just can’t beat a program that lends up to $250,000 even if you’ve had challenged personal credit, just because your business is bringing in revenue. And it usually only takes 2 days to 2 weeks to close and secure the money!
Unsecured Business Lines of Credit
Established businesses with tax returns that show good revenues can get very large sums of unsecured funding with our Unsecured Business Lines of Credit. If you have business tax returns, they should apply for this program which features unsecured draft check lines of credit ranging from $50,000 to $250,000 each. This line of credit comes with incredibly low interest rates and generous payback terms.
You can secure a working-capital credit line up to $250,000 using your business financials to qualify. Most lenders will report the account to the us as we are helping build your business credit. Approval amounts will vary based on the revenue that is reflected on your business tax returns. And you can secure a new credit line in about 4-6 weeks. You can then use, and reuse your credit lines paying a small payment only on the balance you owe. This is an amazing program for any business that shows good net profit on their tax returns, and wants a high-limit open line-of-credit.
Accounts Receivable Financing
Our Accounts Receivable Financing program is great for any business who has outstanding accounts receivable that they would like to be quickly converted into cash. Many businesses wait weeks, even months to get paid on their outstanding accounts receivable. This typically creates major cash-flow issues as they provide their goods and services and absorb those costs until they eventually get paid sometimes 90 days later.
With our Accounts Receivable Financing, your business can regularly secure money against receivables in as little as 24 hours. In general, to qualify for AR Financing the business must be open for at least 12 months. The lender will review your existing receivables or purchase orders, and will look into the company that your receivables are with. Once approved, you can then receive funding up to 90% of your existing receivables. Medical and construction receivables can also qualify for this financing program with us.
The lender truly doesn’t care about your personal credit! So even if you have horrible personal credit, if you have good receivables or purchase orders, you can still be approved! This program is amazing for anyone who has outstanding receivables. You can obtain funding by borrowing against your existing receivables and receive money within 24 hours versus waiting months to get paid. This can help significantly ease cash-flow restraints giving you every opportunity to build an even more profitable business.
Purchase Order Financing
Our Purchase Order Financing is a short-term finance option that provides capital to pay suppliers upfront so your company doesn’t have to deplete cash reserves. Our areas of expertise include production finance for work in process and Letters of Credit for trade finance. This includes import and export transactions as well as domestic trade purchases.
Purchase Order financing allows companies to grow without increased bank debt or selling equity. It also helps you increase market share by ensuring timely deliveries are made to your customers. Many businesses use their working capital to fulfill purchase orders, which creates major cash-flow issues.With PO financing, businesses can be approved in less than 3 weeks, even if your clients are a brand new startup business.
Once approved, you can then receive funding up to 95% of your existing purchase orders.The lender truly doesn’t care about your personal credit to qualify. So even if you have horrible personal credit, if you have purchase orders, you can still be approved. This program is amazing for anyone who has outstanding purchase orders. You can obtain funding borrowing against your purchase orders and receive money quickly, helping significantly ease cash-flow restraints.
401k Plan Financing
Our 401k Financing offers a powerful and flexible way for new or existing businesses and franchises to leverage assets that are currently in a 401k plan or IRA. In as little as 3 weeks you can invest a portion of your retirement funds in your business, giving you more control over the performance of your retirement plan assets and the working capital you need for business growth.
Clients can be approved for financing as much as 100% of what is in their 401k. And, there is no penalty for withdrawal. This is a great funding option for anyone with an existing 401k or IRA who want to use those funds to start or grow a business.
Commercial Real Estate Financing
We offer commercial real estate financing ranging from $75,000-20,000,000. This financing can be used for the purchase of property, or the refinancing of a property, even if you’re doing a cash-out refinance. Loan-to-values range from 55-65% depending on the purpose of the loan. We have funding programs available including conventional property financing, money for investment properties and hard money loans, bridge loans, and loans for the purchase of commercial real estate, plus you can also obtain SBA loans.
You can acquire funding for offices, industrial, offices- general or medical/ dental, industrial facilities, light manufacturing buildings, mixed use properties, commercial condos, auto dealerships, light auto services, day cares, assisted living facilities, entertainment venues, multi-family properties, retail warehouses, self-storage facilities, and more. Commercial real estate financing is a perfect way to get money to purchase a business location, or to borrow against a building you already own to secure money.
Secured Small Business (SBA) Loans
Established businesses with tax returns that show good revenues and profitability can get very large sums of funding with Secured Small Business Loans.If you have business tax returns, they should apply for secured government-backed SBA program loans from $250K up to $12M. SBA offers several programs including 504 and 7a loan programs. SBA programs can be used for many purposes including purchasing a new business, partner buy outs, real estate acquisition, and even working capital.
SBA will require certain documentation to qualify including business and personal financials, resume and background information, personal and business credit reports, a business plan, bank statements, collateral, and other documentation relevant to the transaction.
Approval amounts will vary based on the collateral their business has and the amount of net profit reflected on your tax returns. The total time to close these loans is about 2-4 months.
House Reseller Financing
You can enjoy a quick closing and high loan-to-values with our rehabilitation loans. Rehab loans are tailored for the real estate investor who wants to make repairs before selling the property. Using the property as collateral, funds are available for short-term residential renovation projects that most traditional banks and credit unions won’t approve. Authorized monies will be held in escrow and released in draws as your contractors complete renovations.
You can secure financing of up to 100% of project costs and up to 65% of the after-repaired-value. There is no prepayment penalty, you can secure 6 -12 month loan terms, and most residential 1-4 family units that are non-owner-occupied will qualify. Small apartments and condo conversions allowed by exception and this loan must take first mortgage position. You can obtain loans starting from $25,000 or more, and will need a 620 or higher credit score to qualify. This is an outstanding program for any real estate investor looking to purchase and rehab properties.
Equipment Financing and Leasing
A recent Gallup survey found that 80% of U.S. businesses lease a portion of their equipment. The list of companies using leasing ranges from the Fortune 500 to the family store. We offer equipment financing and leasing programs for startup and existing businesses. Your business can get approved even with challenged credit, you won’t need financials to secure equipment financing, and approvals take as little as 24 hours.
This type of funding is good for business owners who want to borrow money to get equipment, or for owners who want to borrow against existing equipment they already own. The lenders are looking for credit scores above 640, and no major collections, tax liens, judgments, foreclosures, or bankruptcies on the credit report. Clients can use this financing to leverage existing equipment they already own to qualify for funding. Many other business owners use this type of funding to lease equipment and gain tax advantages without using out-of-pocket money to purchase that equipment.
When purchasing equipment, our lease program will actually pay your equipment vendor 50% of the purchase price upfront. And your business can obtain equipment financing from us as high as $2,000,000. We offer many types of equipment financing including equipment Pronto Leasing, standard leasing, municipal leasing for state and local governments, equipment financing, heavy equipment financing, and more. Equipment financing is great for a client who has or wants equipment and has average or above credit to qualify, or a business that wants to purchase or lease new equipment for their business.
Unsecured Business Finance
Start-up and existing businesses can qualify for up to $150,000 through our Unsecured Business Finance program. This program is designed to help your business get funding based on your personal credit only. The lenders will not ask for financials, bank statements, business plans, resumes, or any other 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. To qualify lenders will look solely at your personal credit quality. They want to see no derogatory items on your report, a high consumer credit score of 680 or greater, a low amount of inquiries on your report, and they want you to have low balances on your existing credit cards, below 30% of your current limits.
Approvals come in increments of $5,000, and you can secure up to $150,000 in total funding using these unsecured credit cards. How much your business will be approved for is typically based on your existing credit card limits, so the higher your existing credit limits are, the more money you’re likely to secure. Most unsecured cards in this program offer very low initial intro interest rates, as low as 0% for the first 6 – 18 months. Rates typically range from 5-15% after that based on risk. Any success based fees are rolled into the transaction so you won’t pay out-of-pocket.
Our unsecured accounts report to the business credit reporting agencies – not on your personal credit report – which will help build your business credit profile and score. Plus, these accounts have no effect on your credit utilization helping keep your consumer credit scores high. This is one of our most popular programs as no business financials are required for qualification.
Merchant Advance and Merchant Card Credit
These funding vehicles are for businesses who accept credit cards. If your business accepts credit cards and has sales over $5,000 monthly, you might be a great candidate for merchant advances and card credit. With Merchant Advances lenders review your merchant processing history to determine approval. If you do consistent credit card sales of $5,000 or more each month, and if you have limited chargebacks, you can qualify for this program even if you have challenged personal credit.
This program offers approvals as high as $250,000. The approval amount will vary based on the amount of credit card sales your business typically processes in a month. The lender will see how much you process each month in credit cards, he will then determine the time frame he wants to be paid back, and he will then give you an offer of what percentage they will collect on your future credit card sales until the loan is repaid.
The lender will look at your personal credit just to insure you’re not currently in trouble, such as having any large outstanding collections owed or judgments or liens. The lender wants to insure no creditors are going to purse you, causing you to default on your merchant loan. This is not based on a standard interest rate like normal bank loans, instead you pay a set fee based on the risk of the transaction. This is a great funding program because you receive your funding QUICKLY and with very little hoops to jump through – even if you have challenged personal credit.
GET FUNDED TODAY
A+ Financial Services is the leader in business funding and has helped raise capital for many companies.
We are committed to providing the best credit repair service and obtaining the highest credit scores possible for each client.