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FORTUNE GROUP WORKING CAPITAL AND CASH ADVANCE PROGRAMS

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FORTUNE GROUP WORKING CAPITAL AND CASH ADVANCE PROGRAMS. WORKING CAPITAL LOAN 'WCL' ... Monthly Volume = Advance Amount. Amounts between $5,000 to $250,000 ... – PowerPoint PPT presentation

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Title: FORTUNE GROUP WORKING CAPITAL AND CASH ADVANCE PROGRAMS


1
FORTUNE 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)

2
FORTUNE 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)
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