Home Advertise Contact Blog Advertiser Login RSS
Newsletter Signup

Your Free Business Opportunity Resource Is Easy To Use
Home-Based Businesses
Choosing a Business Opportunity Growth and Profit Marketing and Sales
Plans and Goals Running Your Own Business Start-Up
Working From Home Entrepreneur Exchange Feature Articles
Opportunity Community Opportunity Focus In The News

Free Lead Generation is a hot topic these days since many pay a pretty penny per portal to generate leads to increase ROI.

Free Lead Generation is part of any markets platform.  It is important to note that this November was 'nutty' for lack of a better word.  The purpose of this blog post...

Small Business Media and tapping into that vein can be a tricky and somewhat slippery slope unless you know some tricks of the trade.  Getting your message in front of the right audience is often the key to success.  So, where are the keys to the kingdom you ask and how can you get your hands on...

Entrepreneurs' Day 2016 on the 15th was outshined by politics, climate change discussions and so much more.  That is a real shame since small business is the backbone of this Country.

Entrepreneurs' Day - In my world it is Entrepreneurs' Day every day! I think, sleep and breath Entreprenuership...

Sponsors

Paid2Save Click or Call Bill Toth (716) 345-1888
If you could Travel more, Have Fun, and get Paid doing it, would you want to know more about it?
How Many Leads Does It Take To Close A Sale?
This Article is now live on our blog and I know could be very insightful for many. Read On
The Ideal Length of Everything Online, Including Social Media Posts
When one of your busiest marketing channels limits you to 140 characters, you know that the internet sets its own rules.
I Want To Buy a Business Opportunity or Franchise
Who are the types of people who buy a business opportunity or small franchise? According to people in... Read on
 
Resource Center > Article
Small Business Credit Lines Now Available
Share this Article:

Small businesses are really feeling the pinch today as the instability of the credit markets continues to take its toll.  Thankfully, companies like Novus Commercial Finance are making it a priority to get home-based and other small businesses, including start-ups, the lines of credit they desperately need.

Whether your business is just getting off the ground and has no prior credit history or even if it falls into what a bank might deem to be a “non-allowable” industry, there’s a reasonable chance that Novus’ business credit program has a solution for you.  In fact, they can arrange for business lines of credit bank cards in amounts ranging from $10,000 to as much as $100,000 or more in some cases.

If your small business is approved and funded, you’ll have access to anywhere from two to six bank card lines of credit, each with a different rate program that when blended can reasonably yield an estimated interest rate of as little as 0% to 2.99% to start.  Approximate blended rates after the promotional rate expires around the 6 to 12-month mark may vary and are estimated at around 10.99% to 12.99%.  There are additional fees of 0% to 3% for cash withdrawals.

Funding approval can take anywhere from two to six weeks, and use of the program may result in a maximum of three credit inquiries per credit report, minimizing credit score depreciation as much as possible.

To qualify, you must be at 50% or less of full utilization on any current, revolving credit (not including home equity credit lines).  In addition, you will incur a one-time fee as follows:


  • Funding of $25K = $2,500 fee (10%)

  • More than $25K = 10% per the above, plus 6% on the overage

  • Funding below $25K = fee is 10% of the total


** Please note that fees can be drawn from new lines.

 

Related Blog Posts

Business Opportunity Apps to make your life easier was the best title I could think of today my friends.  This is especially true if you work with images or you are a graphic designer.

Business Opportunity Apps and Sites have been on my mind as late.  Recently, I've been focused on image optimization...

The Business Franchise Opportunity Sales Tips 7 Part Series was an idea launched by Keith Shaffer Director of Personal at TheLocalProject.net two weeks ago after a coaching session.  The credit goes to him for this...

Getting More Out Of Life: Buying Getting More: How You Can Negotiate to Succeed in Work and Life was an easy choice. When you read that Google used it to train 30,000 employees, you gotta figure it’s got something going for it. I’m always on the lookout for helpful books and negotiation...

12 Apr 16 Posted by: Todd Hatch
in Running Your Own Business

Money-Saving Tools that Entrepreneurs who are involved with business opportunities, franchises and work-at-home positions know how important it is to track money and manage money, which ultimately helps you save money.

The goal is to have more coming in than going out, but it can be difficult...

Here is an overview of the differences between business opportunities and franchise, and how you can determine which is the one for you.

Business Opportunities vs. Franchises the age old question - which is best for you? Do you dream of running your own business opportunity? If so, what does...
 
   

SocialXpand Business Opportunity Interview w/ Brian Weiss was for me a new way to learn from a customer and whom I consider a friend in the industry.

I've had the opportunity to work for a while now with Brian Weiss who is the Director of Sales for the
Video Spotlight

If you could Travel more, Have Fun, and get Paid doing it, would you want to know more about it?

Premium Sponsor