Starting the first of December, our affiliate lender will be offering conventional small business loans from $50,000 to $1M. This decision was made to assist those clients who are more comfortable with conventional financing. However if a client can meet the minimal requirements, their loan request is guaranteed.
The program will work as follows:
1. Loan amounts from $50k to $1M
2. 10% cash contribution
3. No credit check
4. No previous tax returns needed
5. Interest rate will be fixed. Current rate is 3.5%
6. Loans can be capitalized for up to 18 months with 1% added to the loan term for every 6 months of capitalization (For those of you who are not familiar with the term, capitalization is simply delaying the first debt payment for up to 18 months. This allows sufficient time for the borrower to raise the capital to start making their debt payment.)
7. Client will choose the loan schedule between a 10, 15, 20, or 30 year term
8. Loan proceeds will be delivered in 6 months to borrowers’ bank account
9. 100% return of borrower’s cash contribution in addition to a 6% NON-PERFORMANCE payment will be refunded if the loan is not secured within the 6 month term.
10. No CIS or site inspection will be required
How To Apply
The borrower will fill out an online application which will include providing a POF bank statement no older than 3 business days showing their 10% cash contribution along with providing an executive summary or business plan. The project or business will be reviewed by our loan committee. If the loan request is pre-approved, the client will receive an engagement fee agreement and wiring instructions. Once the client returns the fee agreement and wires their 10% cash contribution, they will receive their loan agreement and amortization schedule for the plan they chose.
About DFS Mundialmente, SL.
DFS Mundialmente, SL. and DFS Worldwide, LLC., can arrange money for when your business needs it the most. We Specialize in helping businesses with their cash flow, by providing solutions for the ever present need for money. We do this in several ways including factoring, purchase order funding, equipment leasing, asset based lending, leasing and or purchasing bank instruments, commercial loans, JV arrangements assisting in the purchasing of oil products, gold, diamonds, leveraging in ground as well as out of ground valuables for private placement opportunities to raise working capital, assisting with business credit enhancing opportunities such as leased proof of funds, verification of deposits in top 25 world banks if needed and many other funding alternatives. We value professionalism; being fair; recognizing that what’s best for the customer is what’s best for us; we don’t compromise our principles to do a deal. We take pride in our work and our relationships.
Tags: business custom funding, no CIS, No credit check, No previous tax returns needed
