LendBerry Gets Businesses OUT of Cash Advances!
- With our cash advance consolidation loan programs we can free up a significant amount of cash flow for your company by lowering the total amount you spend on loan re-payments each month by half or more in most cases.
- If you qualify we are able to remove the stress of daily or weekly ACH cash advance re-payments by getting your business into either a bi-weekly, monthly or quarterly re-payment APR loan program that can extend out as far as 2 to 5 years in duration.
- We can also get your business more working capital in the process of consolidating its cash advance balances. This would be with a significantly lower overall re-payment cost as it as a true interest rate loan, and not a factor rate type funding like cash advances.
Let’s say your business has 2 cash advance balances totaling $150,000 with daily payments being ACH’d that total $1,000 (about $21,000 monthly). If that were the case and we could get your business a 3 year $250,000 loan with just one $9,000 per month payment, this would save your business about $12,000 monthly, and besides getting those balances paid off, it would also provide your business with about $85,000 in additional working capital after all associated fees.
This is the type of service that we offer to our clients. If it sounds like this is a fit for your company then contact us now toll free at (844) LENDBERRY. That’s (844) 536-3237
Call (844) LENDBERRY That’s (844) 536-3237, or e-mail us right now at email@example.com for more information or for an application and all necessary forms, or you can fill out the contact form to the right and we will get back to you soon for your free initial consultation. NOTE: If you were contacted by one of our authorized representatives please provide their name when you call in or if you fill out the contact form or email us. If they are not available immediately we will have them get back to you as quickly as is possible.
GET YOUR BUSINESS THE HELP IT NEEDS TODAY!
Step 1: Contact Lendberry now! (844) 536-3237
Step 2: Find out your business’s options today!
Step 3: Apply for financing and get approved!
Call (844) LENDBERRY That’s (844) 536-3237, or e-mail us right now at firstname.lastname@example.org for more information or for an application and all necessary forms, or you can fill out the contact form to the right and we will get back to you soon for your free initial consultation.
NOTE: If you were contacted by one of our authorized representatives please provide their name when you call in or if you fill out the contact form or email us. If they are not available immediately we will have them get back to you as quickly as is possible.
Within the Lendberry Network there are many different business funding and business loan programs provided by over 100 different private lending institutions, factors, banks and groups that support small to midsize private and public businesses. Listed below are basic overviews of a few of the more popular types of business finance programs offered within the Lendberry Network.
LendBerry Business Finance Programs
1. Cash Advance Consolidation Loans
If you have a 600 or higher FICO score and your business is trapped inside of the cash advance daily/weekly ACH repayment cycle from cash flow type loans, then we may be able to help get your business out of those daily and/or weekly repayments (even if you have multiple payments being deducted). If you as the business owner and your business qualify, we work with private funding sources that would pay off your existing cash advance balances and would put you into a 2 to 5 year, either bi-weekly, monthly or quarterly re-payment program while possibly also getting you additional working capital in the process. This consolidation would free up cash flow and would help you come out from under the choke-hold of single or even multiple daily or weekly payments. In order to see if you qualify call us today at (844) 536-3237.
2. Business Term Loans (Non Consolidation)
If your business is over 1 year old, and your personal credit (the owner) is over 600, and if your business shows profit on at least one of its last 2 tax returns and also shows some growth on the current P & L and balance sheet, and if it meets other underwriting criteria, then it may be eligible for a Business Term Loan. Typical loan amounts range from $100,000 to $500,000 for most businesses, and most terms are between 2 and 5 years. To qualify there also can be no bankruptcies within the last 2 years (in most cases). And tax liens if they exist, must be small and have payment plans in place. There also can be no open judgments against the business or its owner(s). To find out more read our BUSINESS TERM LOANS page and call us today for a free initial consultation at (844) LENDBERRY. That is (844) 536-3237 or fill out the contact form and click “Send”.
3. Bad Credit Loans that report to Experian (Building Business Credit)
These will report to Experian every month and help to build your business’s credit. Minimum 500 FICO score is required. Funding amounts range from $7500 – $100,000. These loans are very expensive and are only recommended for clients who have exhausted all other options.
4. Asset Based Lending and Credit Lines (Up to $2,000,000)
If your business has unencumbered (owned free and clear) assets such as heavy equipment, vehicles or valuable machinery worth at least $400,000 at auction (forced liquidation value), then it may qualify for an asset based loan or credit line. Rates are typically around 18% APR. Owner credit over 620 is usually required. If the owner’s credit is lower the rates will usually be higher.
5. Collateralized Bridge Financing
If you or your business has either commercial or residential developed real estate with sufficient equity in it (not vacant land) then you may be able to use that property as collateral for short term bridge financing with rates as low as 7.5% APR (depending upon personal credit, and property type and value).
6. Accounts Receivables Factoring (Usually 20% Plus Savings)
LendBerry is partnered with aggressive banks and private lenders that can save your business an average of 20% or more on its accounts receivables factoring costs. If we cannot save you a significant amount of money we won’t even charge your business a fee. That is how confident that we are that we can help you. Imagine saving 20% or more on factoring costs. It is possible. Contact us Now!