Title: FORTUNE GROUP WORKING CAPITAL AND CASH ADVANCE PROGRAMS
1FORTUNE GROUP WORKING CAPITAL AND CASH ADVANCE
PROGRAMS
- WORKING CAPITAL LOAN WCL
- Min. FICO 500
- Funding In All 50 States
- Bars, Night Clubs, Restaurants, Hotel/Motel
- Grocery Stores w/o Gas Station
- 26, 32, 42, 52 Week Terms
- Amounts From 5,000 To 500,000
- Fixed Weekly Payments Through ACH
- Amounts Based On Gross Sales, Not Just
- Credit Cards ONLY
- No Need To Switch Processors
- Interest Is Tax Deductible
- Minimal Documentation
- (A.) 2 Page Merchant Credit Application
- (B.) 3 Months (Current) Bank Statements (All
- Pages)
- (C.) 3 Months (Current) Processing
Statements (All - Pages)
- BUSINESS LOAN BL
- Funding In All 50 States
- See List Of Restricted Industries
- 12 Month Terms For Most Applicants, 6
- Months For Others
- Amounts Between 5,000 To 100,000
- Larger Amounts Available After A
- Successful Loan Cycle
- Amounts Available To Merchants Who
- Accept CC And/Or Bank Statements Only
- No Need To Switch Processors
- Interest Is Tax Deductible
- Funding Within 7 Days
- Personal Guarantees Require
- Site Visit
- Loans Over 75,000, 6 Mos. Term Max.
- Loan Amount 1 Mo. of Sales Volume
- MERCHANT ADVANCE CAPITAL MAC
- Funding in All 50 States
- See List of Restricted Merchants
- Up to 12 Mos. Term, Most Applicants
- Up to125 of Avg. Visa/Mastercard
- Monthly Volume Advance Amount
- Amounts between 5,000 to 250,000
- 5,000 Min. in Monthly Credit Card
- Sales for 3 Months
- Switch Processors, May have Lower
- Processing Fees
- No Personal Guarantees
- Avg. 10 Batches/Month
- Businesses must accept Credit Cards
- for 3 Months.
- If open less than 6 months, will not
- qualify for more than 75 of monthly
- volume
CREDIT CARDS BANK STATEMENTS Ownership 1
Year Documents Application Checklist 3
Mos. Merchant Statement (all pages) 3
Mos. Bank Statements (All Pgs.) Processing
Min 3,000, 20 Swipes Max. NFS, Neg Days
4/4 Bank Balance 3,000 (Avg. Ending) Min.
Fico 600 Amounts Up To 100,000 Payback
ACH/Transfer Acct.
BANK STATEMENTS Ownership 2 Years Documents
Application Checklist 6 Mos. Bank
Statements (All Pgs.) Processing Min
N/A Max. NFS, Neg Days 3/3 Bank Balance
3,000 (Avg. Ending) Min. Fico 620 Amounts Up
To 50,000 Payback ACH/Transfer Acct.
- ITEMS REQUIRED FOR ALL PROGRAMS
- 1. Lease (Front Page Signature Page) 5.
Business License - 2. Copy Of Deed Or Mortgage, If Own Property 6.
If Advance For 35,000, 1 Year Business Tax
Return - 3. Voided Business Check 7. Copy Of Utility
Bill (With Business Name Address) - 4. Copy Of Drivers License 8. Copy Of
Telephone Bill (With Business Name
Address)
2FORTUNE GROUP WORKING CAPITAL AND CASH ADVANCE
PROGRAMSSame Business Calculated 4 Ways (50,000
gross/month 25,000 gross/month credit cards
WORKING CAPITAL LOAN WCL 5,000 - 500,000
50,000 Gross Sales x 12 Months 600,000
Annual Sales x 0.08 48,000 Loan Amount 6
Months 48,000 x 1.27 60,960 26
2,344/Week 12 Months 48,000 x 1.52
72,960 52 1,403/Week
BUSINESS LOAN BL 1 Month Sales Volume
- MERCHANT ADVANCE CAPITAL MAC
- 5,000 - 250,000
- 125 Avg. Visa/Mastercard Sales
- No Personal Guarantees
- No Minimum Score
- 25,000 1 Month Avg. x 1.25
- 31,250 Loan Amount x 1.24
- 38,750 Payback
CREDIT CARDS BANK STATEMENTS 100,000
(Maximum) 50,000 x 1.22 61,000 257
237/Day
BANK STATEMENTS 50,000 (Maximum) 25,000
x 1.22 30,500 257 119/Day
- ITEMS REQUIRED FOR ALL PROGRAMS
- 1. Lease (Front Page Signature Page) 5.
Business License - 2. Copy Of Deed Or Mortgage, If Own Property 6.
If Advance For 35,000, 1 Year Business Tax
Return - 3. Voided Business Check 7. Copy Of Utility
Bill (With Business Name Address) - 4. Copy Of Drivers License 8. Copy Of
Telephone Bill (With Business Name
Address)