Bridge Loan
The Pandemic has gone far away. A new sun is shining, and things getting back to normal. Every Business Owner’s confidence is also getting back. New Ideas and opportunities are screaming around. If your business has strong growth and you are shorter on the fund, we are here to help with our Bridge loan. The maximum funding amount is $1,000,000 with up to 36 months of repayment terms.
Loan Size Matter
A Bridge loan can be larger, up to $1,000,000. When it comes to a larger Bridge loan, that means a significant investment, which can’t be achieved by any merchant cash advance program. Money Man 4 Business Bridge Loan can get you up to $1,000,000 with 36 monthly terms. Bridge loan amount average size is six times larger, and repayment terms are three times longer than cash advance programs. Usually, when businesses take a more significant loan amount, that means they can invest in the growth of the business, which will improve the business’s overall profit. Check out the difference between Bridge loan and Merchant Cash Advance In the below figure.
Take The 3 Minutes Eligibility Test without affecting your credit score.
Get a $1000 Amex Gift card if you borrow more than $100,000 within 30 days of your completed Application. This is a very limited-time deal.
Terms and Conditions Apply*
So basically, bridge Loans are short-term or temporary loan that is taken for investment, cash flow, or short-term for large purchase on an idea or an opportunity that is expected to return a high revenue while waiting for other financing programs like an SBA loan. These bridge loans are also good for filling the financial gap & burden while you are waiting for eCommerce sales, other revenues, funding for refinancing business real estate & other monies you already made, but waiting for the deposits.
So before taking the bridge loan, always consider having traditional finance or expected high seasonal sales. You must consider the below questions before taking the decision:
Some businesses can afford the extra expenses for a profitable investment. Still, they might have to withdraw from current cash flows when they wait for a conventional loan or extra revenue, but in the meantime, they might miss the chance to capitalize on the growth.
Eligibility
Most Businesses can be Eligible for this program example Restaurant, hotels and retail businesses and more.
Equifax Credit Score 551 or more
Minimum 1 month in Business
Business Must get $17,000 sales per month ($200,000 Annually)
We are available during working hours Monday – Friday, 10:15 AM to 7:15 PM Central Time Zone. We service businesses in all mainland states, Puerto Rico & Hawaii.