Hard Money, Line Of Credit Or Merchant Cash Advance

What is a Holdback?

The "holdback" amount is the percentage of daily credit card sales applied to your advance. The holdback percentage can range from 10-20 percent and is normally fixed until the advance has been paid in full. Because repayment is based upon a percentage of the daily balance in the merchant's business account, the more credit card transactions the business makes, the faster the advance can be repaid. Should transactions be lower on a given day, then the draw from the merchant's business account will be less.

consolidation

When a business owner has taken multiple MCA's and has to manage the payments individually, a consolidation is highly recommended. The consolidation company will provide enough capital to pay off the other balances as well as leaving the business owner with enough capital to put toward expanding their business. Typically, the single day payment amount will be manageable as the term of the consolidated MCA is extended.

We offer different types of consolidation programs such as standard consolidation and incremental consolidation programs. Some ways the programs differ is by the amount of funding you would receive on top of what is needed to pay off existing balances, and the frequency in which you would receive portions of the funds.

To qualify, you must have a minimum FICO score of 480 and have been in business for a minimum of 1 year.

INDUSTRIES RESTRICTED FROM CONSOLIDATING:

credit protection, restoration & repairs; collection agencies; debt/tax reduction services; check cashing/money services; bail bonding; securities and commodities dealers/brokers; mailing & fulfillment houses; title companies/escrow agencies; precious metals; gambling/ casinos; adult entertainment

equipment financing

100% Equipment Financing

Monthly payment options

5 year loan terms available

Get approved in hours

Same day closing

REQUIREMENTS

Minimum of 2 years in business

Minimum of 3 months business bank statements

Must complete an application

Must submit a purchase order

NO MONEY DOWN

Expand your existing business with no money out of pocket. Our no money down financing is an industry first, designed with business owners in mind.

Complete all of the necessary steps and get funded the same day. What are you waiting for? Time IS money! Call or email us TODAY!

Allied Financial Lending

Allied Financial Lending

MCA/Equipment loans

Additional Information

What is a Holdback?

MCA loan requirements

consolidation

how does incremental consolidation work?

Who should apply for a consolidation?

equipment financing

100% Equipment Financing

Equipment finance product sheet

we do not offer personal loans!