Maximum Consulting Solutions LLC

Business owners …Let us get you Funded!!!

3 business CREDIT cards that don’t require a “Personal Guarantee”

Capital On Tap
-up to 50k
-EIN needed
-Business must be 3 months old
-must have 30k in revenue

Divvy
-report to Dun and Bradstreet
-Need a open business bank account
-business needs to be incorporated

Kleercard
-report to all 3 business credit bureau
-EIN needed
-business must be 90 days old

Please Reach out
773-848-3340 (call or Text)
[email protected]

Business Term Loan Max 350k (12-48 months)

Average balance over $2k ($3.5k preferred)
$15k plus a month in deposits
580+ fico
1 years time in business

Working Capital up to 5 million (6-24 months)

$10k plus gross monthly deposits
Any credit score
6 months time in business

Revolving Line of Credit Max 300k (12-24 months)

$20k plus monthly deposits
600 Fico +
6 months time in business

Equipment Financing

Reach out to me these deals are case by case depending on the type of equipment and industry
Typically requires 1 year time in business and a 650 credit score +

773-828-3340
[email protected]

How you could benefit from a business line of credit

All businesses need access to funds to run their operations, but sometimes there isn’t quite enough working capital available when you need it. You might be waiting for your favorite big client to pay their invoice, or you might need to purchase an expensive new piece of equipment. Situations like these may seriously affect your cash flow and even threaten the stability of your business.

If you’ve got a line of credit in place, however, you can handle these challenges with confidence, knowing you have access to the capital you’ll need.

Businesses commonly use their business line of credit as a tool to optimize cash flow and take advantage of new opportunities.

For example, a credit line can come in handy for things like:

Hiring new employees to meet a growing demand for your services

Covering payroll

Opening a new office or expanding to a new location

Purchasing inventory to get ready for a busy holiday season

Running marketing campaigns

Business owners also commonly use their business line of credit to smooth their cash flow when they face things like making payroll during slow seasons, work shortages, or surviving a temporary dip in sales. In short, a business line of credit is useful for handling liquidity or cash flow volatility challenges that many owners commonly face.

A business line of credit can help you run your business with less stress since you will have access to funds when you need them most. A credit line is revolving and simple to use—especially if you're used to business credit cards. Only pay for what you use. Once you receive your funds, you can repay to replenish your available credit limit, then draw again when you need it.

We can help ...
Call or Text 773-828-3340

What is a business line of credit?

A line of credit is a predetermined amount of funds that you can borrow from when you need to and pay back later. Unlike a traditional term loan, you can use the funds as and when you need them for business purchases like inventory, supplies, or operating expenses. Unlike a term loan which has a fixed monthly repayment, you can typically pay back your credit line anytime, without any early repayment fees. Calculate the estimated pricing with our line of credit cost calculator.

A critical difference between lines of credit and term loans is that lines of credit are “revolving.” That means you can use the funds, up to your approved amount, then repay what you’ve used to make the funds available again. Term loans, on the other hand, are lump sum loans that you use once and repay once, with interest.

Will These Strategies Help You Get More Credit Score Points?

Do You Get More Points if You Pay More Than the Balance?
This “trick” is supposed to make your credit score go up by paying more than the balance owed on a credit card account.

While this may give you a “credit” on your credit card account, in credit reporting, there cannot be a negative balance associated with a credit card account. Whether you pay the balance in full or pay “extra” money, the account will report a zero balance to the credit bureaus, which will be reflected on your credit report.

Not only does this tip not help your credit score, but it also ties up your money in a place where it is not working for you by earning interest, and you have to buy things with your credit card in order to use the funds you put toward your card’s balance.

Paying your balance in full every month is always the best option because that way you can avoid paying interest, but there is no need to go overboard by paying a greater amount than what is actually due.

Here at Maximum Consulting Solutions We have the strategies to get you more points.....

[email protected]
773-828-3340