Funding Sources For Lifestyle Brands

best funding sources for new businesses

There are many sources who offer business funding today. Knowing the different sources will help you find the best funding options for your business.

Merchant Cash Advances

Merchant Cash Advances and Merchant Lines of Credit are perfect for businesses who process credit card payments. This type of financing will advance you money against future credit card transactions. You can even get a debit card to use the funds you secure.

 

To qualify:

  1. Must be an existing US based business.
  2. Personal credit score over 550.
  3. Monthly revenue over $8,000.00.
  4. US Business Checking Account.

Microfinance Loans

Microfinance Loans are less difficult and time intensive to qualify for with loan amounts ranging from $500 to $35k. Many businesses use several micro loans to get money for their business versus applying for one larger loan due to the easier qualifying criteria.

 

To qualify:

  1. Must be an existing US based business.
  2. Personal credit score over 550.
  3. Monthly revenue over $3,000.00.
  4. US Business Checking Account.

Cash Grant

When you become a trendfund credit card processing client, every month, you are entered to win a cash grant sponsored by one of our investors.

 

To qualify:

  1. Must be an existing US based business.
  2. US Business Checking Account.

Startup Loan

With a startup loan you can get financing even if your business is just a week old. You’ll have one year of 0% interest and you can get a minimum of $50,000.00.

To qualify:

  1. Must be an existing US based business.
  2. Personal credit score over 700.
  3. Employed

Business Credit Program

The reason 90% of small businesses fail to launch is the access to working capital and credit.For more than 15 years, our program has helped build the small business credit profiles of over 35,000 businesses. It works! It works so well we offer a full money back guarantee you will receive a minimum of $50,000, in non-personally-guaranteed new business credit, within six months.

To qualify:

  1. Must be an existing US based business.
  2. US Business Checking Account.
  3. Commit to 6 months

Pricing: $1,500 (one-time payment)

Crowdfunding|Investor Preparation

Not based in the US or interested in “borrowing” money to grow your business? We can create a custom plan to prepare you for a successful crowdfunding campaign or investor pitch. You must be invited to apply for this program.

To qualify:

  1. Can be based anywhere.
  2. Must have already registered your business in your country.
  3. Commit to 6 months.

 

Pricing: $1,000 to start and $500/month. 

Book a strategy call and you’ll be able to fill out one application for all of the sources above.

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