REAL ESTATE ~ UNLIMITED ~ CASH ADVANCE ~ BUSINESS CREDIT CARD Business credit may be approved and funded in 10 business days with no income verification, a corporation and your personal credit scores. Utilizing the Daytona Business Credit approach the Investor Net Yield will be up to 23.5%
UNLIMITED CASH ADVANCES Your Card Rate will be based on the Prime Rate plus a Margin. Your Credit Card will be issued with 0% Interest for 6 to 13 Months with between 9% APR and 14% APR, Variable Rate, with No Income Verification.
Note* Credit Report inquires lower your credit score. As part of the pre-approval process with your authorization we will order your report.
Financial Affiliate: Contact N.E. Robinson to Pre- Qualify: Complete Pre-qualifier App, next page. e-Mail: info@DaytonaRealEstateInvestment.com Call: 646.400.8889 All correspondence will receive a reply, on the next business day.
Quick Qualifier Info:
Interest Rate: 0% first 6 to 13 months, Guarantee
720 Credit Score preferred.
680 Credit Scores and above is Acceptable
Rapid Rescore Available if needed
No collateral and no upfront fees
No Income Documentation required for qualifing
Up to $150,000 Initial Loan Amount
Acutal Rate based on Prime Rate + Margin
Debt Consolidation Loan available with concurrent funding
Corporate Seasoning Two Years
DBA to start up Corporation
Compare and Save:
Your Business Bank: With Daytona you save on Business Credit. Average Cash Advance Interest Rate 30%-35% Annual Example: $50,000 x 35% = $17,500 Annual interest to the Bank
Business Credit Card: No Advance Fees One Time Fee Off Set by 0% Interest and Daytona's 1st investment transaction Plus 0% Interest Rate for the First 6-13 Months. You earn 33.5% APR. Then a 9% to 14% as determined by your credit scores Variable Rate~Cash Advance Business Credit . Based on The on the Current Wall Street Prime Rate of 4.25+ a Margin.
Preferred Score of 720 and above with at least 4 credit lines
Based on personal credit, 680 Minimum Credit Score required
Overall credit card average age of 4 years plus
Nothing reporting negative or late or any bankruptcies, etc
Active business in the United States for 2 years
Proof of the EIN and Articles of Corporation
Credit Line can be increased to $450,000. maximum
No Personal Credit Reporting on this Business Loan
Some exceptions may apply
SIMPLE OVERVIEW OF BUSINESS LINE OF CREDIT
This is a Business Credit Card and is used just like a credit card. There is no term. Apply Online and by Phone.
Cash Advance Business Credit Card:
Up to $150,000.00 in 10 business days
no upfront fees, no collateral required. 0%* for 6-13 Months After that ~ 9% - 14% APR Variable
Business Start Up:
The Institutional Lender also funds a Start up Business.