unsecured business loans???is this for real??

[DFinnerty]

Hi Everyone,

I am trying to get a few of these through process and it's not going so smooth. Does anyone have experience with programs like these or do they even really exist. If so what catches might i expect

Quick and Easy
$100,000
Small Business
Line of Credit


No Financials Required!!!
No Debt Ratios!!!
No Appraisals!!!
No Bank Statements!!!
Not Secured Against Personal Residence
Low Rates From Prime +1 to Prime + 5%
Money Can Be Used For ANY Purpose

Are You Eligible???
Here’s All You Need…
Established Self-Employed Business of 2-3 Years
Personal Credit Score of 680 or higher
Own a home

If you checked all 3 boxes you’re automatically eligible to apply for the Quick and Easy Business Line of Credit. If your criteria is different, we can still help as we specialize in all types of loans to small businesses. Call now to discuss your specific needs.


Any help would be appreciated. It seems a little too good to be true and is proving it at every turn.

[Wilson Acosta]

That does sound to good to be true. I can do unsecured Business Loans but they have to accept credit cards. See Below for deatils or contact with any questions.

Business Cash Advance

Lending Area: Nationwide

Property Types:

**NOT SECURED BY REAL ESTATE**

Any business collecting $5,000 or more per month in Credit Card receipts is eligible.

Loan Amounts:
$5,000 to $500,000

Credit Requirements:
No Minimum Score

Loan to Value:

Between 50% - 250% of their AVERAGE Monthly Credit Card Sales.

Additional Info:
- 3- 4 Broker Points
- No Fixed Payments or Late Fee’s
- Funds in 5 to 10 Business Days
- No Seasoning Requirements
- Unlimited Cash-Out
- No up Front Fee’s
- Minimal Stips
- Quick Application – 60 Seconds
- Environmental Insurance required on all loans
- Tax and Insurance Escrow Required


Contact:
Wilson Acosta
Tel: 813-777-1969 E-Fax 954-616-1175
W.Acosta@GMCmtgCap.com