Funding Requirements
for
W-2 Employees Retirees S-Corps C-Corps 1099’s Sole Proprietorship Single Member LLC’s
Funding Details
$10,000 to $400,000 - Funded in as little as a week.
Approvals in As Little As 24 Hours
NO Upfront Costs. 15% Success Fee If Funded
No Down Payment, No Collateral, or No Reserves needed. Borrowers pay a 15% (15pts) fee if successfully funded
Term Loans 3-5-7 Year Terms with rates as low as 6% (for qualified borrowers). Lenders determine the interest rates, terms, and payments. Monthly Payments of Principal and Interest.
REQUIREMENTS:
1099’s, Sole Proprietorship, Single Member LLC, S-Corps, C-Corps
$50,000+ Gross Revenue/Adjusted Gross Income (AGI) over $30,000.
Must be in business minimum 2 Years.
$30,000 Verifiable Income (W-2 Employees, Retirees)
680+ Credit Scores. Must be reporting on all 3 credit bureaus.
2+ Years of Clean Credit History. No recent late payments, no judgements, collections, or liens. Bankruptcies must be discharged for a minimum of 2 years.
No New Accounts in The Last 6 Months. (Credit Cards, Increasing Credit, Personal Loans, Refinances, Mortgages, etc.)
50% or Lower Revolving Debt
No More Than 6 Inquiries on ALL Credit Bureau in the last 6 Months
DOCUMENTS NEEDED:
Signed Contract and Completed Application
ID Color Copy, Front and Back in PDF or JPEG format. Driver’s License, State ID, or Passport
Social Security Card Color Copy, Front and Back in PDF or JPEG format and Back
3 Months of Personal Bank Statement: Must show direct deposit.
Voided Personal Check. Must match provided bank account information. No Starter Checks. Direct Deposit form or Official Letter from the bank if no voided check
Utility Bill: Electric, Gas, Water, Waste, Cable, Telephone or Credit Card Statement
Proof of Income: 1099R, Awards Letter or 3 Monthly Statements (Retired)
W-2 & 1 Month Paycheck Stubs (W-2 Employees)
1099’s, Sole Proprietorship, Single Member LLC, S-Corps, C-Corps
2 Years 1040 Tax Returns, Schedule C or Schedule E, K-1 and 4506T (For Personal and Business)
Logins to Credit Monitoring Website: Must show all 3 scores. NO CREDIT KARMA.
The following 3 options cost only $1 for a 7-day trial period
https://www.identityiq.com/ https://www.privacyguard.com/ https://www.checkfreescore.com