Financing Solutions for Self-Employed Borrowers & Businesses

[Ross Mcghie]

Unable to obtain traditional financing:

**DTI ratio irrelevant (most states), personal finances irrelevant, less than 1 year self-employed okay

less than 25% business owner okay, BKs okay, currently in foreclosure okay, declined for non-QM okay

virtually any qualifying restriction can be overcome.

Loan can be used for a multitude of business purposes:

**Acquisitions, consolidation of debt including MCA loans, capital for expansion/growth, marketing/advertising

construction, settlement offers, lien payoffs, Bankruptcy workouts, inventory purchase, buying out a partner, etc.

Loan proceeds can be used for practically any business purpose and virtually all industries are acceptable for financing.

**All Real Estate, Any Occupancy, Any Lien Position, All States**

Loan Qualification & Funding Turn Around:

**Qualification is base on gross monthly business deposits and real estate equity with CLTVs up to 75% and loan amounts up to $2 million

Funding Turn is typically less than 15 business days

Loan Terms & Submission:

**2 years with interest only payments for the first 6 months followed by principal & interest payments for months

7-24 (amortized over 48 months to keep payments lower); the loan may be paid off after the initial 6-month 

period without penalty; Submission includes 1-page application, REO form, and 6 months business bank statements.