Funding Sources for Business

Funding Sources for Business Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Funding Sources for Business, Loan service, 1067 Deerfield Place, Highland Park, IL.

01/08/2025

New Loan Option

Transforming your multi-family and mixed-use investment properties into profitable ventures just got easier!

With our Multi-Family and Mixed-Use Bridge Loans, you can act quickly on promising opportunities and secure the capital you need fast to transform underperforming properties into lucrative income generators.

fix & Flip Loans
Ground Up Loans
DSCR Loans
Multi Family & Mixed-Use Bridge Loans
Lite & Full Doc Mortgages

Contact:
[email protected]

11/19/2024

Interesting News from our Partner

We do have fixed SBA 7A loans around 8% not 10% and SBA 504 rates can get into the 6’s blended. People ARE aggressively buying right now, there ARE opportunities out there that make sense. If you want to start a business, buy a business, or buy commercial real
investment, contact us and we’ll have our partner crunch the numbers.

[email protected]

08/22/2024

Equipment Leasing

Funding Sources for Business never stops offering new financial options for our clients.

• Deferred Payment Programs.
• Terms up to 72 Months.
• Application, invoice and bank statements for submissions.
• Step-down Payments.
• Competitive Rates and Flexible Terms - offer your clients financing options that suit their budget and needs.
• Fast Approvals - Quick and efficient approval process to help your clients get their equipment sooner.
• Wide Range of Equipment - Financing is available for many industries and equipment types.
• Dedicated Support - Our team provides personalized assistance to ensure smooth transactions.
• Enhanced Client Satisfaction - Help your clients grow their businesses with the right equipment and financing solutions.
• Exclusive Partner Benefits - Access to special promotions and referral bonuses.
• Comprehensive Training - Equip yourself with the knowledge and tools to effectively refer clients.
• Trust and Reliability - Strong reputations and industry expertise.
• Transparent Process - Clear terms and conditions, no hidden fees.

08/17/2024

Financial Options for Businesses

Flexible Financing with Custom Loans

Cookie-cutter loans aren't built to help business owners, instead, they focus on the lenders' bottom line. We're here to change that. We put our customers first by offering fully customizable revolving lines of credit that give owners the working capital they need to succeed. We're in it for you!

Funding Sources for Business
[email protected]

04/19/2024

No Doc Small Balance Commercial Loans
Nationwide!
• Rates start at 9.49%
• 650 Min Credit
• $100k - $10M Loan Amount
• Up to 75% Purchase
• Up to 75% Cash out
• 30 Yr. Fixed or 5 Year Interest Only
• NO TAX RETURNS
• NO INCOME DOCS
• NO RATIO
• No Junk Fees
• Foreign Nationals OK
• Seller Assist OK
• Close less than 30 days

03/08/2024

Asset-Based Financing for Healthcare Providers

Providing ABL revolving line of credits, senior term loans, and real estate loans from $2M-$40M for working capital, acquisitions, and refinancing for healthcare providers.

02/19/2024

25 Year Loan Program



Loan Amounts: Up to $15,000,000.

Purpose: Ideal for refinancing SBA 7a loans on 10-year terms or other debts with shorter durations.

Loan Structure: Fully amortizing with minimal or no covenants.

Collateral Requirements:
- Eligible for a 25-year term if at least 30% secured by primary commercial or residential real estate.

- Eligible for a 25-year term if at least 51% secured by junior primary commercial or residential real estate.

Pricing: Competitive rates starting from 5-Year Treasury + 6.5-7.5%.

Processing Time: Typically, 3-4 weeks for underwriting and an additional 3-4 weeks to close.
Can be funded along with lenders providing revolving lines of credit.

Additional Information: [email protected]

01/08/2024

New Guidelines for Funding ERC Claims

Funding Sources for Business through its partner is still providing funding for the employee retention credit. This includes both pre and post IRS notice in September effectively pausing almost all payment indefinitely. We are happy to report that we are still providing financing for purchases of credits and can work with existing lenders, accountants, advisors, and other third parties. Please note the following:
• Over $250,000,000 Qualified and Funded
• NO upfront fees or hidden "junk" fees
• Quick Underwriting and Close (underwriting and closing in as little as two weeks)
• Recourse and non-recourse
options available
• No monthly payment or amortization of the facility (true purchase and sale)
• Minimum size: $100,000 - Maximum: $20,000,000
Additional services we offer:
• SBA 7a and 504
• AR Financing and Asset Based Loans
• Equipment and Inventory Financing
• Non-traditional Term Loans
*Please note the programs above are subject to change based on new information received from the IRS

05/24/2023

An Alternative to Bank Financing

Small business lending is down at most US banks. Inflation is high, and banks will most likely constrict access to credit.

So, what is an alternative?

Factoring accounts receivable.

* $100,000-$10M
* Competitive Rates
* Non-recourse-No PG
* Flexible Terms
* Most businesses with strong customer base

Difficult Deals...no problem!

* Losses
* Start-ups
* Highly Leveraged
* Customer Concentrations
* Weak Credit
* Character Issues

Let Funding Sources for Business show you how to solve your working capital solutions.

05/02/2023

NEW Boutique SBA Program
• Loans with no collateral up to $5 Million

• Almost all our SBA loans got denied by other SBA lenders.

• Can do start-ups and expansions with just 10% down.

• We fit the square peg in the square hole!

• We can do loans with no experience.

• We can do loans with lower credit scores (below 620 w/real estate)

• Over 100 non-bank and bank lenders helps improve “bottle necks.”

• WE HAVE FIXED RATE SBA 7A LOANS around 7%-FIXED!!!!

01/12/2022

HEALTHCARE MEDICAL FINANCING

Our partner can fund clients from $100,000 to $15,000,000 per month in as little as 10 business days. They can fund regardless of personal credit blemishes, poor historic financial performance, or other issues that would normally impact your borrowing ability.

Below are some highlights of their funding programs:
• Medical Accounts Receivable Line of Credit
o $500,000 - $15,000,000
o Up to 85% Advance Rate
o Non-amortizing structure (interest only payments)
o Get charged interest only on the amount of AR financed
o Covenant light
• Medical Accounts Receivable Factoring Facility
o $100,000 - $3,000,000
o Up to 85% Advance Rate
o Choose which AR to factor
o Limited collection history acceptable

They work with any medical provider that bills third party insurance carriers.

Address

1067 Deerfield Place
Highland Park, IL
60035

Website

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