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MARDEIO CANNON - PRESIDENT
(916) 747-7081
JOHNNY CANNON - VP BENEFITS DIVISION
(916) 952-4232

 

Grow Your Business - Businesses and Non Profits

Funding Sources To Start & Grow A Business

What We’ll Cover

  • The purpose of this brief PowerPoint is NOT to get you familiar with our 501(c)(3) non-profit.
  • It is to give you a quick outline on the types of capital we assist small businesses with via a free, grant-funded Capital Acquisition Plan.
  • As identified on the last slide, we can help you with simply completing two steps on https://www.businesscreditliteracy.org/free-capital-acquisition- plan/
  • In summary, we will help you identify the right type of capital for your circumstances AND help you meet the qualifications to access it.

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Synthetic Tranches Of Capital

401(k) Financing

  • Powerful and flexible way for new or existing businesses to leverage assets that are currently in a 401(k) plan or IRA.
  • In as little as two weeks, invest a portion of your retirement funds into YOUR business giving you more control over the performance of your retirement plan assets.
  • Provides the working capital needed for your business growth.
  • No financials nor good personal credit needed.
  • Business credit worthiness may impact approval/approval amounts.
  • Minimum of $25,000.

Unsecured Business Financing

  • Perfect for start-ups and well-established businesses.
  • 0% interest, no-doc, business financing with no collateral or cash flow requirements.
  • No requirements for financials, bank statements, business plans, resumes, or other document requests that most conventional lenders demand.
  • Easy approval based upon business and personal credit.

Business Revenue Financing

  • Perfect for entrepreneurs who are looking for fast, easy money with little headaches.
  • Approved for as much as $500,000 within 72 hours based on a simple review of business bank statements.
  • No requirement of financials, business plans, resumes, etc.
  • No personal credit score requirements
  • Business credit worthiness may impact approval/approval amounts.

Equipment Financing & Leasing

  • 80% of US businesses lease a portion of their equipment.
  • Financing and leasing programs available for start-up and existing businesses.
  • Challenged personal credit is ok (640+).
  • Business credit worthiness may impact approval/approval amounts.
  • Approvals in as little as 24 hours.
  • $25,000 to $20,000,000 in equipment financing available per business.
  • Low down payment—first and last month’s payments.

Equipment Leaseback

  • Gives you cash using your existing equipment as collateral.
  • Your equipment should be valued at $25,000 or more.
  • Challenged personal credit is ok (640+).
  • Business credit worthiness may impact approval/approval amounts.
  • You sell your equipment to the lender and they lease the equipment back to you.

Private Money

  • Does not require you to give up any percentage of ownership or control of your business.
  • Rates vary based on risk.
  • Terms can be up to 30 year term.
  • Can be structured as a working capital credit line.
  • Requires collateral, average credit (640+), and positive tax returns.
  • Business credit worthiness may impact approval/approval amounts.
  • Quick underwriting: tax returns, credit, and bank statements.
  • Collateral amounts as low as 20%.

Investor Equity

  • Accessing investor equity begins with a capital readiness process that has been proven more than 75% effective in predicting the ultimate success of a venture during its seed, startup, and growth stages.
    • Creates an objective score on a 0 to 1,000 point basis
    • With a study of 300+ companies, a score of 925 or higher is needed to anticipate funding success.
    • Of those with a 925 or higher score, 87% were funded with an average of $997,000.
  • Access to over 200 pre-screened and registered members including high net worth individuals, accredited investors, angel investors, venture capitalists, third party crowd funding portal operators, private equity companies, and other sources of potential capital for clients.

Next Steps