Leverage For Your Business...
The best time to borrow capital for your business is when you are turning a profit. Financial reports will show strength allowing lenders to rate your company as less risky to lend to. This can save you thousands of dollars in excess fees and secure your financing with lower rates. Save your own investment while using leverage to hedge your company against unforeseen circumstances.
Revenue based financing has limited credit requirements and a simple application process. Minimal documentation is required in order to obtain an approval. Factors that are considered are your time in business and consistency of revenue.
Looking to purchase new equipment but your vendor does not offer financing? With equipment financing we are able to put a monthly financing agreement in place so you can get to work! We also offer leaseback programs, to access liquidity from owned equipment.
Revolving lines of credit are a great choice for todays business owner. You simply draw funds down as you need them and pay back with fixed weekly or monthly payments. As you pay off your existing balance, that capital becomes available to use over and over again.
If you are looking for options with monthly payments with terms that start at three years, this is the product for you. We have prime and sub prime options available so don’t be afraid to ask if you qualify!
Leverage For Your Business...
The best time to borrow capital for your business is when you are turning a profit. Financial reports will show strength allowing lenders to rate your company as less risky to lend to. This can save you thousands of dollars in excess fees and secure your financing with lower rates. Save your own investment while using leverage to hedge your company against unforeseen circumstances.
Revenue based financing has limited credit requirements and a simple application process. Minimal documentation is required in order to obtain an approval. Factors that are considered are your time in business and consistency of revenue.
Looking to purchase new equipment but your vendor does not offer financing? With equipment financing we are able to put a monthly financing agreement in place so you can get to work! We also offer leaseback programs, to access liquidity from owned equipment.
Revolving lines of credit are a great choice for todays business owner. You simply draw funds down as you need them and pay back with fixed weekly or monthly payments. As you pay off your existing balance, that capital becomes available to use over and over again.
If you are looking for options with monthly payments with terms that start at three years, this is the product for you. We have prime and sub prime options available so don’t be afraid to ask if you qualify!
STELLAR LEVERAGE
Need Debt? Leverage is the number one way to grow your business if you place it effectively.
We have worked with thousands of businesses so we know a thing or two about how to strategically use debt for your success, and which product will be the best fit for your business model.
STELLAR LEVERAGE
Need Debt? Leverage is the number one way to grow your business if you place it effectively.
We have worked with thousands of businesses so we know a thing or two about how to strategically use debt for your success, and which product will be the best fit for your business model.
Unsecured Capital
Tier One
This is our 640+ credit tier. You probably have been in business for over 2 years and have great credit, and have never defaulted on an MCA previously. These lenders only lend in first or second position. (if you have a couple positions out you will not qualify for this tier. They want to see a low leverage percentage if you do have existing balances. Your bank statements are very clean, less then 3 negative days/overdrafts in a 3 month period with consistent and healthy daily ending balances. Terms can go out up to 18 months, weekly payments are a give in and factor rates can be as low as 1.15 depending on how long you decide to keep the money. Average rates for this tier are 1.23-1.3 . There are also heavier industry restrictions.
Tier Two
You still have pretty good credit (think over 600) but 580 is an acceptable score here. You may have a recently discharged bankruptcy, or some pesky tax liens. Maybe your revenue is volatile month to month, but generally your bank statements have less then 5 negative days or overdrafts within a 3 month period. You may have 0-4 positions and may even qualify for a buy out of these positions at a lower rate. Terms are capped at 12 months, but you can find major discounts on a shorter term. Weekly payments are often available but not always, and rates fall between 1.3-1.42
Tier Three
This is the true subprime option, lenders can be unscrupulous in this tier, if it sounds too good to be true it probably is. This is where you find your sub 500 options but credit isn’t always the most important metric here. They will fund 1-10 position (if you have 5+ Merchant cash advances you are in a real danger zone and should book a strategy session to help put you back on track) This is also where you find your previous default lenders, as long as that judgement is settled they will fund you. You can see terms as low as 30 days and they will not give terms over 6 months. Rates are static at 1.45- 1.499. Lender fees (which we have zero control over) can also be up to 20% on top! read the fine print on your contracts, and ask us about the fee when you request contracts, so we can make sure you are making decisions with all of the information!
Unsecured Capital
Tier One
This is our 640+ credit tier. You probably have been in business for over 2 years and have great credit, and have never defaulted on an MCA previously. These lenders only lend in first or second position. (if you have a couple positions out you will not qualify for this tier. They want to see a low leverage percentage if you do have existing balances. Your bank statements are very clean, less then 3 negative days/overdrafts in a 3 month period with consistent and healthy daily ending balances. Terms can go out up to 18 months, weekly payments are a give in and factor rates can be as low as 1.15 depending on how long you decide to keep the money. Average rates for this tier are 1.23-1.3 . There are also heavier industry restrictions.
Tier Two
You still have pretty good credit (think over 600) but 580 is an acceptable score here. You may have a recently discharged bankruptcy, or some pesky tax liens. Maybe your revenue is volatile month to month, but generally your bank statements have less then 5 negative days or overdrafts within a 3 month period. You may have 0-4 positions and may even qualify for a buy out of these positions at a lower rate. Terms are capped at 12 months, but you can find major discounts on a shorter term. Weekly payments are often available but not always, and rates fall between 1.3-1.42
Tier Three
This is the true subprime option, lenders can be unscrupulous in this tier, if it sounds too good to be true it probably is. This is where you find your sub 500 options but credit isn’t always the most important metric here. They will fund 1-10 position (if you have 5+ Merchant cash advances you are in a real danger zone and should book a strategy session to help put you back on track) This is also where you find your previous default lenders, as long as that judgement is settled they will fund you. You can see terms as low as 30 days and they will not give terms over 6 months. Rates are static at 1.45- 1.499. Lender fees (which we have zero control over) can also be up to 20% on top! read the fine print on your contracts, and ask us about the fee when you request contracts, so we can make sure you are making decisions with all of the information!
Equipment Finance
If you are looking to purchase equipment but are not working with a vendor who offers in house financing, we can get you approved for a 3-5 year financing agreement. Credit must be 640 or you must have cosigner. The bank will give terms insofar as equipment condition and age. It is helpful to have the equipment you are looking to purchase in mind when applying, but remember you may have to buy a newer model depending on the banks risk analysis.
Purchase Equipment
Equipment leaseback programs are helpful if you own valuable equipment and want to leverage it as security for a collateral loan, without throwing a blanket lien over all business assets like with an SBA loan. Personal Credit must be 640 or you must have a cosigner. Leasebacks value equipment at the “fire sale value” due to the value the equipment would create if there was a forced liquidation in the event of default. The LTV or Loan to Value of equipment leasebacks is on average 65%.
Equipment As Collateral
Equipment Finance
Purchase Equipment
If you are looking to purchase equipment but are not working with a vendor who offers in house financing, we can get you approved for a 3-5 year financing agreement. Credit must be 640 or you must have cosigner. The bank will give terms insofar as equipment condition and age. It is helpful to have the equipment you are looking to purchase in mind when applying, but remember you may have to buy a newer model depending on the banks risk analysis.
Equipment Leaseback
Equipment leaseback programs are helpful if you own valuable equipment and want to leverage it as security for a collateral loan, without throwing a blanket lien over all business assets like with an SBA loan. Personal Credit must be 640 or you must have a cosigner. Leasebacks value equipment at the “fire sale value” due to the value the equipment would create if there was a forced liquidation in the event of default. The LTV or Loan to Value of equipment leasebacks is on average 65%.
Apply in 11 minutes
Usually it takes 10 but maybe you don't have your tax id number memorized so we gave you an extra minute to find it
Pick From the Best
We pull the best offers saving you time and credit inquiries. We protect your information while using our relationships to your advantage.
Secure your Capital
Work with Stellar to secure financing for your business quickly and easily.
Apply in 11 minutes
Usually it takes 10 but maybe you don't have your tax id number memorized so we gave you an extra minute to find it
Pick From the Best
We pull the best offers saving you time and credit inquiries. We protect your information while using our relationships to your advantage.
Secure your Capital
Work with Stellar to secure financing for your business quickly and easily.
Business Line Of Credit
Unsecured Line of Credit
Lines of Credit available to business owners with 670 credit or above with no UCC liens or Merchant Cash Advance Positions. Unsecured lines are capped at 250k and are processed same day. you can apply directly Here
Builders Line Of Credit
Our builders line of credit starts at $5MM and can go up to $20MM and can be used for fix and flips and ground up construction. Minimum credit score to qualify is 620 . We look at your personal experience as a builder and or investor as well as current liquidity. We do not require seasoning on cash to close on a property.
Asset Based Line Of Credit
revolving line of credit (revolver) to maximize the availability of working capital from the company’s asset base. The borrower then grants the facility a security interest in the items being used as collateral, such as Accounts Receivable, Equipment and Inventory. A value is given to each asset, and a percentage of the value of the asset is made available to the borrower as a line of credit. A typical revolver structure will make available 90% of the Accounts Receivable, 75% of Equipment, and 50% of the Inventory value.
Business Line Of Credit
Unsecured Line of Credit
Lines of Credit available to business owners with 670 credit or above with no UCC liens or Merchant Cash Advance Positions. Unsecured lines are capped at 250k and are processed same day. you can apply directly Here
Builders Line Of Credit
Our builders line of credit starts at $5MM and can go up to $20MM and can be used for fix and flips and ground up construction. Minimum credit score to qualify is 620 . We look at your personal experience as a builder and or investor as well as current liquidity. We do not require seasoning on cash to close on a property.
Asset Based Line Of Credit
revolving line of credit (revolver) to maximize the availability of working capital from the company’s asset base. The borrower then grants the facility a security interest in the items being used as collateral, such as Accounts Receivable, Equipment and Inventory. A value is given to each asset, and a percentage of the value of the asset is made available to the borrower as a line of credit. A typical revolver structure will make available 90% of the Accounts Receivable, 75% of Equipment, and 50% of the Inventory value.
SBA & Bank Term
SBA loans are loans that are guaranteed by the government, which means if you were to default on a loan the lender is not taking all the risk themselves. This allows them to make longer term offers at lower interest rates. SBA loans generally are for 10 years but Real estate purchases aquistion SBA loans can have up to a 30 year term.
SBA loans, offers APRs of 3.25% to 11.04% for regular 7(a) loans and 3.25% to 7.43% for 7(a) commercial real estate loans.
SBA
Term loans are 3-5 year notes with rates from 8%-17% fixed rates. Amounts can go up to $1,000,000 USD. You must be in business for over 2 years and have a minimum personal FICO of 640 ( we suggest 700 and a strong paydex of over 75) These are secured against your businesses assets and generally have a personal guarantee as well.
3-5 Year Bank Term
We have a special term option with simple interest for subprime borrowers, these are a great alternative to merchant cash advance as you generally are approved for a higher dollar amount with a monthly payment. This can greatly reduce cash flow issues. This loan requires you have an effective exit strategy. Our recommendation is that you keep this option for 2 years or less. There are no prepayment penalties, so this can be used as a bridge when other options are too expensive or you do not meet the requirements.
10 Year Sub Prime
SBA & Bank Term
SBA
SBA loans are loans that are guaranteed by the government, which means if you were to default on a loan the lender is not taking all the risk themselves. This allows them to make longer term offers at lower interest rates. SBA loans generally are for 10 years but Real estate purchases acquisition SBA loans can have up to a 30 year term.
SBA loans, offers APRs of 3.25% to 11.04% for regular 7(a) loans and 3.25% to 7.43% for 7(a) commercial real estate loans.
3-5 Year Bank Term
Term loans are 3-5 year notes with rates from 8%-17% fixed rates. Amounts can go up to $1,000,000 USD. You must be in business for over 2 years and have a minimum personal FICO of 640 ( we suggest 700 and a strong paydex of over 75) These are secured against your businesses assets and generally have a personal guarantee as well.
10 Year Sub Prime
We have a special term option with simple interest for subprime borrowers, these are a great alternative to merchant cash advance as you generally are approved for a higher dollar amount with a monthly payment. This can greatly reduce cash flow issues. This loan requires you have an effective exit strategy. Our recommendation is that you keep this option for 2 years or less. There are no prepayment penalties, so this can be used as a bridge when other options are too expensive or you do not meet the requirements.