THANK YOU FOR YOUR INTEREST IN OUR FDIC BUSINESS BANK TERM LOANS & LINES OF CREDIT (LOC) PROGRAM.

Applying for a business loan can seem overwhelming, but it doesn’t have to be. We’re here to make the process as easy as possible. We offer both Bank Term Loans (BTL) and Lines of Credit (LOC) options, so you can choose what works best for your business.

Rates range from 8.9% – 12.6% APR, and our approval rates exceed 70%. This low-cost, bank financing option allows businesses to grow and thrive. Just imagine what lower-cost financing could do for your business!

FDIC BANK TERM LOAN and LINE OF CREDIT (LOC) LOAN PROGRAM:

  • Rates range from 8.9% – 12.6% APR
  • Rate ranges above already include a one-time success fee
  • No Upfront Fees
  • Low Interest Fixed Monthly Payments
  • Yes/No decision within 3-4 business days
  • Funds in just 10-14 business days

Requirements To Apply:

1FICO: 660 minimum with all 3 bureaus
2Time in Business: 2 years minimum
3Annual Revenues: $250k minimum last 2 years
4Industries: All Good EXCEPT No Cannabis Related Businesses
5Eligible States: Good in ALL 50 States

TO APPLY, please send us the following information in one email to: approvals@valuecapitalfunding.com

  1. Please complete our 1-page fillable Working Capital Application.
  2. Please go to Experian.com and download your FREE credit report. The full report can be anywhere from 15-100 pages. Please download the whole report into 1 PDF document.
  3. A copy of your SS4 (IRS form showing your Employer ID Number) for your business.
  4. Six (6) most recent business bank statements (all pages – in pdf format). Please send each month as a separate pdf attachment.
  5. Articles of Incorporation
  6. Three most recent Business AND Personal Tax Returns
  7. Year-to-date Profit & Loss Statement and Balance Sheet
  8. Completed Business Debt Schedule
  9. A copy of the owner’s driver’s license (front and back; a clear cell phone picture is fine).
  10. A copy of a voided check (or bank routing/account number info). Once approved, the bank(s) will wire your financing directly to this business bank account at closing. The title on this account MUST match your application. No exceptions.
Still have questions? Please refer to our FAQs below. You can also call us at 561-2884510 or text us at 561-486-9731. We look forward to helping you secure your low-cost FDIC Bank Financing.

Frequently Asked Questions

Here’s a list of some of the most common questions we hear on a regular basis.
  • Do I have to pick whether I apply for a Bank Term Loan or a Line of Credit (LOC)? – No. One application package for your business starts the process for BOTH & you will receive offers for the maximum amount (on either or both) that you can qualify for.
  • Will you pull my credit? – Any owner with a 20% or greater ownership stake needs to pull their own Free Credit Report (the FULL report, not just the summary). We highly recommend using Experian Free Credit Report. If you pull your own FREE 15-100 page PDF report, it doesn’t count as a “pull” against your credit. If we do it, it will, so please do this yourself. Plus, there’s no hard pulls until you go to closing. All owners with a 20% stake or greater should IDEALLY have a 660 FICO credit score with all three bureaus. If only one owner can meet this 660 FICO minimum, we may still be able to make the file work, so please text, or email us with your scenario. We have other low-cost, bank credit facilities where the file may still fit.
  • What if I have existing debt on my business’s balance sheet? – Many applicants that are successfully funded in this Program do have existing business debt at the time of their application. Having existing debt will not automatically disqualify you. It is just one more data point, along with your company’s other specific metrics, that will be factored into your approval. Naturally, the main question is “..can you easily afford the existing & potential new debt…?”
  • Why can the approval process (underwriting) take several business days? – Everything at a bank takes time. Many times we’ll get a Y/N decision in just 3 – 4 business days. Other times a bit longer. Good news is that we usually have declined files come back sooner. So, in theory, the longer we hear nothing, the better the chance an offer will be extended.
  • If I do get approved, what is the maturity or term that will be offered? – A Bank Term Loan will go for a specific period of time, or term, like 2, 3, 4, 5, 7, or even 10 years. On the other hand, a Line of Credit (LOC) may not have a set maturity or term.  This is called “revolving credit” where the credit line can be used, paid back, and re-used without a maturity term.  Offers and terms will be based solely on the qualifications of each individual file.  Each offer will be explained to you in detail, so you can make the best decision you can for your business and your unique situation.
  • What’s the difference between a BTL (Bank Term Loan) & an LOC (Line of Credit)? – As the name implies, a BTL is when the bank loans your business a lump sum of money for a specified period or time, called the term. As an example, a $100,000 5-year BTL means the bank will offer you a $100,000 lump sum to be paid back monthly for the 5-year (60 month) term. A $100,000 LOC, by contrast, is when the bank earmarks $100,000 for your business to use when and where you need it. You may borrow up to the $100,000 maximum LOC amount for as long or as short a time period as you need to within the structure of the LOC business. You will pay interest only on funds drawn down, or outstanding, and only for the number of days the money is drawn down by you and your business. As an example, say you drew down $50,000 of the $100,000 available to you, and only used the money for 30 days. In that example, you’d only owe interest for the 30 days outstanding, and only for the $50,000 of principal that you borrowed. With both the BTL & the LOC, clients will make small monthly repayments – never daily or weekly.
  • Do I need to personally Guarantee a BTL or an LOC? – Sometimes a business applicant is strong enough, as a business-only, to borrow funds without the owner’s own PG (personal guarantee). Other times, it will make the bank feel more secure to have ownership’s PGs. Each scenario is different. In either instance, if you plan on repaying your debt, it really shouldn’t matter.
  • Do I need to pledge collateral? – No, all credit facilities being applied for here are for unsecured financing.  To be clear, this typically means that a borrower is not required to pledge collateral to secure the transaction.  Knowing this information is helpful, however many banks will still place a UCC lien on the general assets of the business.  This does 2 things: 1) establishes the Bank as a lien holder for legal purposes, and 2) alerts other future lenders that the client has an outstanding debt, which can serve to help the applicant avoid getting over-leveraged in the future.

*** All files are subject to full underwriting & qualifications specified by each bank. There can be no assurance that any applicant will be approved and that credit will be offered.***

How Much Can YOU Qualify For?