FINANCING FOR YOUR START UP AM Capital Source, LLC Email: info@amcapitalsource.com Phone: 360-727-7808 www.amcapitalsource.com AM Capital Source is pleased to present several sources for start up capital. We are direct to these sources and are compensated by them so there is no need for additional fee agreements. Regarding Non-Circumvent, Non-Disclosure that will be at the discretion of AM Capital Source if and when we reveal the name of the sources. Our general protocol is to pre-qualify you and your project by having you answer the following 7 questions and returning them to us via email: 1. Name of project/company? 2. Company Location (City/State)? 3. Industry Company is in? 4. Capital Amount Required? $ 5. What type of financing? Working Capital? Seed Round? Start Up? 6. Do you have any collateral? If so, list them: 7. Is the Firm generating any revenue? If so, how much per year? $ I will also need your full name, phone number, and email to make connections with one of our sources (See Section 1, Lender #2). This document has three sections: SECTION 1: Nationwide lenders loans from $5,000 to $150,000. 550+ FICO Required as well as 6 months business bank statements even if the business did not generate any revenue. We have three NATIONWIDE sources for start-ups. These lenders offer actual business loans but may also offer business lines of credit or SBA financing depending on size, scope and type of deal you present to us.
SECTION 2: Unsecured Business Lines of Credit (UBLOCs). Require 650+ FICO on the founder(s). Partners with qualifying credit scores allowed. $50,000 to $250,000. Most programs from 8 to 12 points charged by lender at closing. Lender fees can be charged on the newly issued credit cards. Seasoning of business: 6 months to 24 months minimums. SECTION 3: Start Up Capital for amounts greater than $250,000. There are two lenders we work with that will lend more than $250,000 but they will require bankable assets and collateral; first lien position on the assets. (Pre-Revenue) LENDER #1 PROGRAM: SECTION 1 TRUE START UP LENDERS $50K or Less Business Loan Program Rates and Terms: Loan Size Term Origination Fee Interest Rate Payment Prepayment Penalty Underwriting $3,500 - $50,000 Minimum 24 months up to 120 months 5% to 10% of the loan amount charged at the time of funding (clients qualify for lower origination fees on 2nd loan) Rates start as low as 24% (for well qualified clients) Fixed Monthly ACH Payments **None** FICO: 500+ Bankruptcies ok as long as the BK has been discharged Documents Required: Completed Business Credit Application Last 2 Months of Business Bank Statements (6 months of bank statements may be required for requests of $20,000+) Copy of Driver License Copy of Voided Business Check Eligible States: (As of Oct 2013, and expanding) AL, CA, HI, ID, IL, IN, KS, LA, ME, MS, MO, NC, NM, NV, OH, SC, UT, VA, WI, UT
Program Features & Benefits: Same day approval and funding upon receipt of attached funding application and supporting documentation (Information must be received and submitting to underwriting before 2:30 PM ET to insure same day funding) Funding terms range from 2 years to 10 years amortized Fixed monthly ACH payments (Unlike other Micro Loan programs that charge clients on a daily ACH payment schedule) No SIC Restrictions and No Restricted Business Types Start- up and well established businesses accepted (start- up business must be able to provide at least 2 months of business bank statements) No minimum credit card processing requirements Time in Business Credit Card Processing Approval Time Funding Time Payback Term Pre- Payment Penalty Payback Method Minimum 2 Months Not required 1 2 Days (after receiving complete client information package) **1-2 Days** Minimum 2 yrs. Max 10 yrs. **None** Fixed monthly ACH payments Funded Amount Up to 2x Stated/Documented Gross Monthly Revenue AMCSBDC- 61213 (Intentionally Left Blank)
LENDER #2 PROGRAM: Financing a startup can seem impossible. We can help. Don t risk your business on luck or some banker s mood we ll make a complicated process simple & easy so you can go back to doing what you love, running your business. Free Consultation. Expert Advice. Fast Funding. Understand Your Options, Avoid the Pitfalls. Business Funding, Won t Affect Personal Credit Over $100 Million in Funding Since 2009 Free Legal & Business Consulting with All Services Need funding for your business or startup? We can help! We ve been helping small businesses and startups over 10 years and have built $100 million in the past three years alone. Receive free legal and small business consulting for any industry! Does your business need funds for Startup or Expansion? Receive $10,000 - $1,000,000 in Funding * No Upfront Fees * No Financial or taxes required * No Collateral * We work with damaged credit * Does NOT report on your personal credit * Helps build business credit * No Restrictions on funds * Use for any business purposes (startup, working capital, inventory, equipment, real estate and franchise purchases) * Fast Funding in as quick as 10-15 days Free Business and Legal Consulting with All of Our Services SBA Loans up to $5 Million Equipment Financing Available Real Estate Investors Welcome! Bad Credit? No Problem! Use a Credit Partner Franchise Funding Crowdfunding Consulting and Campaign Management available Retirement Funding (use your 401K or IRA) AMCSFS- 4414
LENDER #3 PROGRAM: Approval within 48 hours. SBA Startup Loans Micro Loan Angel Investors Business Loans Lines of Credit Unsecure Line of Credit Small Business Loans AMCSCBF- 42814 SECTION 2 UNSECURED BUSINESS LINES OF CREDIT Unsecured Business Lines of Credit (UBLOC) are basically credit cards issued to a business. They are revolving and can be used for just about anything. We work with 3 lenders that offer assistance in getting these cards and into the program. The average capital raise is usually between $15,000 to $90,000. Anything more or less, and we ll need to discuss. In general, the borrower must have the following qualifications: 1. An entity (like an LLC, C- Corp, S- Corp, etc.) seasoned at least 6 months 2. Borrower must have a 680 FICO or higher. If you don t, you are allowed to bring in a partner with those kinds of scores. 3. Most cards offer interest free interest for six months to one year 4. Revolving credit: don t need to pay off the balance (I don t support or suggest this) 5. Points: 8% to 12% paid on the amount raised, when the client has the cards in hand. 6. Average of 21 days to get funding LENDER #4 PROGRAM: Please send an email to me at: info@amcapitalsource.com. I will attach 4 documents to guide you through the whole process and check out our flow chart on how this all works and when. No upfront fees. 8% success fee paid when you receive your cards.
LENDER #5 PROGRAM: Here are some highlights of this lender and their UBLOC program: Funding amount between $25,000 to $100,000+ per client with no collateral required (co- signers are required for funding requests of $100,000 or more) Revolving business credit lines offered with 0%- 2.99% introductory rates between 6-24 months. Annual Percentage Rate (APR) ranges between 9.9%- 22.9%, and is contingent upon the credit worthiness of the applicant. Average APR after promotional period expires is 11.9% (Individual applicant s credit profile will determine the APR, and the term of each introductory period offered) Funding turnaround time is between 14 to 21 business days from the time in which lender receives the completed funding application and supporting documentation Start up and well established businesses accepted Applicant(s) must have a 680+ average tri- merge FICO score Applicant(s) must have less than a 50% utilization ratio on all current revolving lines of credit Applicant(s) are required to have a minimum number of inquiries showing on their credit report for the last 6 months (The more inquiries that s are showing on an applicant s credit report the less likely we will be able to maximize the potential funding amount) Applicant(s) are required to provide their most recent tri- merge credit report from www.creditchecktotal.com When applicant approves of funding proposal applicant is required to keep their Credit Check Total account active throughout the funding process A funding status update and/or funding proposal will be given to the applicant(s) within 3 business days from the date in which the lender receives a full Credit Check Total tri- merge credit report
SECTION 3 START-UP BUSINESS LOANS OVER $250,000 Keep in mind that these lenders will want to see proof of assets or collateral. The reason is that they will look at collateral as a way to recover any losses caused by the borrower or the subject property. LENDER #6 PROGRAM: NATIONWIDE ASSETS: REAL ESTATE, EQUIPMENT, VEHICLES REAL ESTATE: UP TO 70% CLTV EQUIPMENT: UP TO 50% LTV VEHICLES: MUST BE FULLY OWNED, UP TO 50% LTV SUCCESS FEE: 6% OF LOAN AMOUNT $495 APPLICATION FEE (FULLY REFUNDABLE) LENDER #7 PROGRAM: We have three or more lenders with great programs but we will provide up- to- date information on the current lenders and their programs. You are not obligated to pay or accept anything from these lenders; however, a full document packed should be sent to me first before we can determine whether we can take the project on or not. Questions? AM Capital Source, LLC 106 NE 17 th Street Battle Ground, WA 98604 Email: info@amcapitalsource.com Phone: (360) 727-7808 Website: www.amcaptialsource.com