* $25,000 to $500,000
* 5-Yr. Term & Monthly Pay (Not An MCA, or Cash Advance Product)
* No Origination Fees Or Closing Costs
* No Requirement to Pay off Existing Debt
BASIC CRITERIA:
* 5 or more years in business
* No Home-based businesses: MUST have a business space/office/address; MUST NOT be residential, mailbox, PO Box, UPS address, or any shared office setup
* Must do at least $200,000 in annual revenues
* Guarantor MUST have 680+ credit score
BENEFITS:
* Monthly Payment Schedule for 5 years
* Annual costs far less than MCA - generally cost of funds will 15-22% per year (in simple interest) times 5 years
* Existing Debt Balances do not need to be paid off
* Will not interfere with other funding - does not create blanket UCC liens
* Will strengthen the business credit
* Non personal guarantee options available
* No restrictions on the use of funds
HOW TO SUBMIT CASE FILES FOR WORKING CAPITAL:
* Our 1-page fillable WC application: Please sign, date, & scan back with the rest of your submission. Please do not alter any part of this document, as it has specific language that we need to fulfill our compliance and financial privacy requirements.
* Our Debt Schedule: Please fill out in its entirety. Accuracy is paramount.
* Three (3) most recent business bank statements (separate pdf’s for each month).
* Copy of front and back of client’s valid driver’s license.
* Copy of your Experian credit report from last 30 days. We will give conditional approval looking at credit report you provide us. Once you accept the approval terms, then we will formally process the file and pull your credit report.
* Please type only and do not handwrite anything on these application forms.
* Please submit case file package in one email to: info@royale.capital
Small and medium-sized businesses face unique challenges when it comes to securing the funding they need to scale. We understand these challenges and offers a variety of funding solutions that can give you the capital you need to grow, even when other lenders have told you no.
Our working capital loan is a smart loan option for improving cash flow, paying down business debt, and serving as a stop-gap option when you're waiting on larger funds from traditional lending sources to come through.
A working capital loan is different from a traditional loan because it is based on your current liquidity. When you're considered for a working capital loan, we'll look at your current and projected liquidity in approving you for your total amount and repayment terms.
Working capital loans can be a great option to fund everyday business expenses like payroll, equipment purchases, and any other short-term immediate expenses that you may need to cover.
There are many instances when a working capital loan might be a good option for your business. Consider applying for a working capital loan if:
Your business cannot get a traditional bank-backed loan right now.
Applying for other funding options like merchant cash advances would stress your cash flow too much.
You need to keep reported loan balances low to increase your chances of getting funding like SBA loans, since working capital loans aren't included in regular loan balances.
The business needs immediate cash flow that can be paid back on a monthly basis.
The business owner needs cash to pay down card balances to obtain more traditional forms of lending.
You are looking to refinance other high-cost loans and debts.
Our working capital loans are designed to support you in your efforts to scale your business with a host of business-friendly benefits.
Your business is unique. So your loan should be, too. We examine your current and projected cashflow in determining how much you qualify for.
Always know when your payment is due and how much is due with our affordable monthly payment plans.
Working capital loans generally carry fewer fees and allow you to purchase items you can write off, optimizing your savings.
Take up to ten years to repay your working capital loan and select the repayment terms that work best for your business.
Working capital loans don’t count against your credit, giving you more options and helping you appear more creditworthy to traditional lending programs.
Securing a working capital loan isn't dependent on you paying off the balances of your other current loans.
