BUSINESS FUNDING PROGRAM
by Truman Money
Truman offers funding for businesses in ALL 50 STATES NATIONWIDE!
** The below program minimums are a general guideline and funding approvals will be based on the health of your personal and or business credit profile. If your credit file has little to no credit, it will be hard to gain an approval. If your credit profile has credit card utilization above 30%, credit line approval will be more challenging. If your debt-to-income ratio is above 50%, all loan programs will be challenging to gain approval. Make these considerations before applying. The loan application fee is non-refundable.
Business Cash Advance
80% Approval if your business receives majority of revenue via Credit Cards. Same day decisions. Up to 3 year terms.
| Min Credit Score: | 550+ |
| Min Time in Business: | 6 months |
| Min Monthly Rev: | $10,000/mo |
| Funding Range: | up to $20 Million |
Business Term Loans
Funding in less than 1 week. Same day decisions. Up to 10 year terms.
| Min Credit Score: | 630+ |
| Min Time in Business: | 2+ years |
| Min Monthly Rev: | $20,000/mo |
| Funding Range: | up to $10 Million |
Business Line of Credit
Same day decisions. Up to 5 year terms.
| Min Credit Score: | 625+ |
| Min Time in Business: | 2+ years |
| Min Monthly Rev: | $20,000/mo |
| Funding Range: | up to $20 Million |
Invoice Factoring
Sell your accounts receivable to a lender at a discount, which the lender in turn provides an advance on payments for outstanding invoices.
| Min Credit Score: | 530+ |
| Min Time in Business: | 3 months |
| Min Monthly Rev: | $40,000/mo |
| Funding Range: | up to $10 Million |
Real Estate Investment / Commercial Mortgage Loans
Commercial mortgages, fix-and-flip, new construction, mortgage refinance, and multi-family units. LTV up to 90%. Qualifications vary per deal.
| Min Credit Score: | 620+ |
| Min Time in Business: | investor experience helps |
| Min Monthly Rev: | n/a |
| Funding Range: | up to $100 Million |
STARTUP Unsecured Business Funding
Funding can be used for ANY PURPOSE. No income verification required and no industry restrictions. Revolving line of credit. Must have at least $2k in revolving credit currently and less than 30% utilization.
| Min Credit Score: | 680+ |
| Min Time in Business: | NONE |
| Min Monthly Rev: | $0 |
| Funding Range: | up to $150,000 |
STARTUP Small Business Loan
Unsecured personal loan. 3 - 7 year terms available. Must have W2 verifiable income. You will have DIRECT access to cash for business purposes.
| Min Credit Score: | 680+ |
| Min Time in Business: | NONE |
| Min Monthly Rev: | $4,000/mo personal income |
| Funding Range: | up to $150,000 |
* If you are close to the above requirements, some exceptions can be made. All funding types accept co-signers.
Want to talk to a credit expert?
Book a one-on-one phone or zoom meeting to discuss your personal credit situation and what Truman Money can do to help you open new financial opportunities.