Funding Products

Funding Products 2020-09-16T16:08:50+00:00

Expert Lender offers many funding solutions. Programs and approvals depend on which one your company qualifies for. Terms and programs vary. Here are the main ones utilized to get you funded!

Unsecured Business Loans

Unsecured Business Loan Terms are from 6-36 months. Approvals could be from $30,000 to $2,000,000.

Typically, to get approved, gross revenue and time in business must be strong, along with industry type.

No collateral required. Turnaround time for the approval is 6-48 hours.

Business Cash Advance

Also known as a Merchant cash advance or revenue based funding. Approvals from $10,000 to $1,000,000.

Typically, these programs are offered as an advance of your future revenue paid to you now. Very minimal qualifications.

Most industry types will be accepted. Typical approval time is 4-24 hours. No collateral.

Term Loans

On average, this program is 15-24 months. Approvals are generally high. Payment is very reasonable. Approvals could be from $50,000-$300,000.

Minimum financials plus last tax return and profit and loss statement may be required for the approval.

At times, our term loans have two fundings included for your term. Making the approvals usually a lot higher. No collateral.

Lines of Credit

Lines of credit terms could be as long as 48 months. Strong financials, time in business and credit score will play a factor. Approvals from $25,000- $3,000,000.

Typically, there is a minimum to pull to activate, then the money is in an account to use at your discretion. Draw from it as much or as little needed to expand your business. Build your line to higher amounts.

Approval could be in 48-72 hours, in some situations a few days. No collateral.

Loan or advance consolidations/payoffs

Typically, this is for more high risk business owners with several outstanding balances and loan positions.

Unlike most of consolidation programs that do it backwards, if you get approved they only cover the payments and string you along. If you don’t pay off anything, we focus on a real payoff and eliminating and reducing outstanding balances the right way. It should be done while still also netting some new funds if wished.