Alex.
R * SMB Funding Specialist * 410-510-2042
Iconic Capital Network
BUSINESS FUNDING
UNSECURED LOAN GUIDELINES
** Most recent 6 months of bank statements and our short 1-page application is all that’s needed for approval! **
Minimum Criteria:
● 500 FICO SCORE
● $10k Revenue PER MONTH for the last 6 months.
● 4-6 Income Deposits Each Month (Depending on industry)
● 6 Months in Business
● Max Overdrawn Days Allowed: 7
Loan Terms & Conditions:
● Funding Amounts: $25,000 - $1,000,000
● Repayment Types: Daily, Weekly, By-Weekly, Bi-Monthly
● Payment Types: ACH
● Repayment Duration: 3-24 Months
● Tax Liens: OK
● Bankruptcy: OK
General Information:
● No Cost to Apply
● Home-Based, Online, LLC, Sole-Proprietorship, Partnership and Cannabis: OK
● No Collateral Needed
● Businesses must be able to handle multiple payments to us each month
● Citizenship: U.
S.
Citizen (Permanent resident considered for deals up to $50k)
● Credit Pull: Soft
● Business must be U.
S.
Based
● No Industry Restrictions
● Loan Position We Fund: 1st & 2nd
● DocuSign Contracts Available
● The Interest Expense of the Loan is a Tax Write-Off
● Available in all 50 States
Providing Small Business America with UNSECURED Working Capital… Up to $1,000,000.
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In 1-3 days since 2023.
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