There are no fees or charges when you apply. When you have been approved the interest rate and closing fees associated with that approval are discussed only when you have chosen to accept a funding offer.

We have developed a technological-based solution that allows us to provide funding as quickly as 24 hours because our partners also value business owners' time. We only require an application and a few financial documents to preapprove our clients which helps us move much quicker than traditional lending providers.

We have experienced investors/lenders with whom we have worked for decades. Many other lenders will only approve you or deny you for their underwriting criteria, whereas Fortune Financial solutions is able to underwrite with multiple lenders to receive multiple offers. Why would you want to keep applying at multiple places when you could just apply at one and receive multiple offers to compare!

We only begin with soft pulls so simply applying with us to receive offers does not effect your credit score whatsoever. some lenders perform a hard pull but this is only done when you have accepted the terms and want to proceed with funding!

A business line of credit provides our customers the ability to access capital when they need and only pay interest on the amount that's drawn. The line is a revolving line of credit which means when you repay the outstanding funds, your available credit replenishes. This product offer customized terms and competitive rates with an easy application process. It's an ideal product when you are anticipating large expenditures in the future and your business can be prepared for it.

The main requirements to qualify the business line of credit is that your business must have been in operation for 6 or more months, have a credit score of 600 or more and generate at least $100,000 in annual revenue.

Once you are approved, you would be able to draw the funds which would be deposited into your bank within couple of hours. The payments would be auto debited from your bank account on weekly or monthly basis over the extended term. The funds can we used for any legitimate business purpose, including covering short-term debt, covering expense, purchase equipment and inventory or use the funds to hire additional workers.

For Start-Ups, you must simply have a 600 or better credit score, a business plan, financial projections, and a decent personal financial statement. The basic qualification for an SBA loan, is for business to have more than $100,000 in annual revenue and positive cash flow. Majority of the businesses that qualify for this product are healthy businesses with good credit standings that can afford to make monthly payments. For SBA 7(a) Working Capital or Debt Consolidation Loans from $30,000 to $350,000 would require: US business owned by a US citizen who is at least 21 years old and minimum 2 years in business. The customer must have no outstanding tax lines, no bankruptcies or foreclosures in the past 3 years and have good personal credit score 640+ or higher, with no recent charge-offs.

SBA 7(a) Loans. With a loan limit of up to $5 million, these are the most common type of SBA loan. You can use SBA 7(a) loans for: Owner-occupied commercial real estate purchase and expansion Owner-occupied commercial real estate construction Short- and long-term working capital Equipment purchase Business acquisition financing Existing debt refinancing SBA Express. These loans and lines of credit have a loan limit of up to $500,000. You can use them for: Owner-occupied commercial real estate purchase and expansion Owner-occupied commercial real estate construction Short- and long-term working capital Equipment purchase Business acquisition financing Existing debt refinancing SBA 504 Loans. This program entails direct lending participation between lenders and the SBA, with banks generally providing 50% of the project cost, the SBA providing 40%, and the borrower providing a 10% down payment. The minimum SBA loan amount is $50,000 and the maximum is $5 million. You can use these loans for: Owner-occupied commercial real estate purchase, expansion, or refinance Owner-occupied commercial real estate construction Long-term equipment purchase

A lien on the business assets would be required for an SBA loan, but there is no minimum requirement for the respective value of assets under the term of the agreement.

SBA loans offer favorable terms to borrowers with long terms, low and competitive rates with monthly payments, longer than other loan products. The advantages of securing an SBA loan is crucial to small and mid-size businesses that need long-term working capital.

Basic documentation to underwrite the borrower and the property. This includes an application; authorization to run a credit report and background check; copies of bank statements (proof of funds); property appraisal; copies of leases, if appropriate; renovation estimates; and documentation on the business entity.

A fix and flip loan is short-term financing that real estate investors use to buy and renovate a property in order to resell it for a profit, a process known as house flipping. These loans are typically used to purchase residential real estate, finance renovations and improvements, as well as cover additional expenses associated with listing and selling the property.

An investment property loan is a mortgage for the purchase of an income-producing property. That includes buying properties to generate rental income or to renovate and sell for a profit (more commonly known as house flipping). There are also short-term hard money investor loans, allowing you to buy properties you plan to repair and sell quickly.

A bridge loan is typically interim alternative financing used by a business until more conventional financing is secured. The bridge loan may also be used to cover short-term cash-flow issues.

You’ll need a minimum credit score of 640 for an investment property mortgage, although the requirement may jump to 700 or higher if you’re buying a multifamily home.

A loan advance is a type of credit or loan that a financial institution or bank provides to an individual or business for short-term needs. It's often given as working capital to cover daily expenses like wages or salary. Advances are usually repaid according to the terms agreed upon by the lender and borrower.