Traci Gregory, Financier

Unsecured business lines of credit - up to $200K

In order to grow you business, or even start up your business using credit, you may have found you were expected to have a corporation aged for two or more years.

I've found a company that provides a solution: they supply established, aged corporations that are free of any taxes, judgments or other liabilities.

The service includes all necessary procedures to transfer the corporation into your name as well as assigning a designated registered agent. 

They provide:

• all necessary corporate documents,
• articles of incorporation,
  corporate resolutions and minutes.
• and a free year of registered agent service.

As part of an aged shelf corporation purchase, you may draft and file any name change, amendments or annual statements at no additional cost (State filing fees will apply) so you aren't stuck with Ajax Plumbing as your corporation.

Finally, you will receive a report showing that the company you purchased is free of liens and you can now move on to start building your corporate credit.

Just like personal credit, business credit has a score, often referred to as a "Paydex" score issued by Dunn and Bradstreet (D&B).  A perfect Paydex rating is 80 or higher. 

If you are considering bank financing for a business, you will need to have an established Paydex score as well as good personal credit. 

With this Corporate Acquisition program, you get help building a perfect Paydex score for your new corporation before submitting loan applications to anyone. Improves your chances for approval greatly.

Once your established corporation is "bank ready" they will develop corporate credit for you thru their networks of banks.   

It isn't free, or even cheap . . . however, you can finance the majority cost if your personal scores are 680 or higher.

The "flow" is in the graphic below:

Commercial Loans With NO PRE-PAYMENT PENALTY

30 year amortization, interest only loans available; there are no reserves and no impounds for taxes and insurance required. 

Rates are generally in the 6's!

This loan will work for odd property types:

• gas stations
• marinas
• golf courses
• gyms
• resorts
• industrial

This product is availablele for types of commercial properties, not just the odd types shown above:

• mixed use
• apartments
• self storage
• office

And, rates are better on these property types. 

LOAN SIZES-$1 Million to $30 Million

Loan to values are up to 75% on investor and 80% on owner occupied and multi-family. 

Full doc only, but they are non-SBA so qualifying and closing is a little easier and a lot quicker, as soon as 45 days from complete package. 

INNOVATIVE FINANCING

In the days where one only hears about the credit crisis and lack of liquidity, people are stymied on where to turn to finance their latest projects. While the reality is there has been a huge change in residential financing (probably for the better, and probably forever!) commercial lending programs have not been affected as much, although lately commercial lenders are finding it harder to sell their paper because of lack of liquidity in the market in general.

As it is harder to get the money to get projects off the ground, we’ve tried to stay ahead of the curve and maintain as many options for our borrowers as possible. While there are still straightforward choices like SBA loans and commercial loans for expansion, purchases and refinances, and Church loans based on tithing, we’ve found there are other forms of financing that aren’t as complicated or time consuming and for the most part also aren’t as costly as traditional financing.

I’ve added stockloans from Hedgelender to my portfolio of products and capital advances against credit cards.

The beauty of both programs is they are not based on applications, financial statements, tax returns or credit criteria. And they both fund VERY quickly.

Stock Loans can be used for any number of things, and can be made through a myriad of choices. Here are some highlights:

• Finance your real estate with interest-only repayment while still retaining participation in your stock portfolio;

• Refinance your MARGIN LOAN to remove the possibility of a call;

• Expand Your Business with interest-only repayment while still retaining participation in your stock portfolio;

• Diversity Your Investments while retaining beneficial ownership of your portfolio;

• Roll your Employee Stock Options into cash while continuing to participate in your stock.

Ironically, these loans run to the millions and sometimes tens of millions, and take 1/10th the time to process and fund. And, they are strictly based on the worth of the stock and the amount of shares traded; the ONLY collateral is the stock and . . . credit is NOT a criteria. Neither is purpose, as long as it is legal!

Capital Advances against credit cards is NOT a loan program - but is a purchase of future sales.

Like the stock loan, there is NO long application, financial statement requirement OR tax return requirement; Funds immediately based on credit card sales; factors ALL credit cards receivables - Visa, Mastercard, American Express and Discover.

Clients are using the money for expansion and renovation; Marketing and Advertising; purchase of new locations; Increases to inventory; purchasing much needed equipment Repairs and upgrades; buying out an existing partner; recapture of investment capital; even to pay bills and taxes.

Finer explanations and details are listed on my website PallasFinancier.Com.