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Volume 10, Issue 3 June, 2020 July 01, 2020 |
Hi, Here is your latest issue of BM$ Success Newsletter – the companion newsletter to the "Business-Money-Source" website. This Month’s Featured Business Financial Product:Volume 10 Issue ------------------------------------------ June, 2020
Business Funding Solutions During The COVID-19 CrisisThese are stressful and uncertain times for all businesses. Especially ones who are struggling to get business funding. Business Money Source has been working with funding sources and their revised lending programs to better help your business as revenue are being disrupted. These programs are available to business owners in the United States only.1. Short-Term Real Estate Secured Business LoansThis is the program that was described in last month’s newsletter. It is still in effect and you as a business owner can still qualify for it.The main underwriting criteria for this program is to: a. Must be a business entity that has been operational for at least six months. b. Have a business bank account and six months of bank statements. c. Have real estate that can be used as collateral to secure the loan. Loan amounts: $50,000 to $2,000,000. Loan term: 6 to 24 months. The main advantage of these particular program is that businesses that could not otherwise qualify for a loan due to a decrease in revenue or poor credit ratings of the business owners. The repayment of these loans is a staged process in order to give your business the time needed to return to profitability. The first 3 months of payments are deducted from the loan amount at the closing so that you don’t have to worry about payments for three months. To request more information on the Short-Term Real Estate Business Loans: Apply for a short-term real estate secured business loan 2. Farm LoansThe COVID-19 Crisis has been especially difficult for farmers. Many farmers have had there markets disrupted or eliminated to the point that they have plow under crops that they could not get to market.Conventional lenders are reluctant to make farm loans due to these many problems encountered in the farming business. The result is that many smaller farms go bankrupt or go out of business completely each year when money to operate runs out. There is good news and financial relief for farmers throughout the U.S! Business Money Source is now working with a nationwide lender who is actively looking for farmers who need loans. This program is available for farms located in the United States only! Loan Amounts: $100,000 - $5,000,000 Loan Terms: 10 – 30 years. Go to the link below and fill out the short secure form to get started in getting a farm loan. Be sure to click the “farm loan” button. 3. Commercial Real Estate FinancingThis program offers various options for commercial property owners and business people to purchase, refinance and cash-out their commercial properties. See the three kinds of financing offered in this program below:Multifamily Financing Loan Amount: $1 million - $100 million Loan Term: 5 – 30 years Interest Rate: 2.75% - 4.99% Bridge Loans Loan Amount: $500,000 - $50 million Loan Term: 12 – 36 months Interest Rate: 7% - 12.99% SBA Loans Loan Amount: $500,000 - $10 million Loan Term: 10 – 25 years Interest Rate: 3.25% - 8.99% To begin the application process fill out the secure form here: Apply for a commercial real estate loan
This Month’s Business Survival TipEquipment And Commercial Truck FinancingDo you need to purchase equipment or vehicles for your business in 2020? Whether you are a business owner or an over-the-road trucking owner/operator, Business Money Source has a financing solution that makes sense for your business.Business Money Source will help you get the equipment financing or leasing for your business, whether it is office equipment, laptop computers, heavy construction machinery or any items needed for your company operations. Go to this link to apply for equipment financing:
equipfinform
Questions Or Comments On Other Business FinancingGo to the Business Money Source website and fill out the contact form with any questions or comments that you may have: ConUsPage2Your information will not be shared or traded with any other business or private entity. Please Use The Following Links To Get Started In Funding Your Business Or ProjectFor business and personal lines-of-credit:For other business loans: For corporate turnaround and debt restructuring for your business: To register as a Referrer and refer a business loan request:
Let us know what topics you would like to see covered in BM$ Success Newsletter. Back Issues for BM$ Success Newsletter Please feel free to contact me by the methods listed below, with any questions that you may have about the various loan programs offered by Business Money Source, LLC. I look forward to assisting you or your clients in acquiring the business financing that you seeking. Sincerely, ConUsPage2 Jim Bullock, Managing Member Business Money Source, LLC jim@business-money-source.com (804) 396-3040 Fax: (804) 781-4971 Twitter: bizmoneysource Facebook.com/businessmoneysourcellc www.pinterest.com/bizmoneysource/boards/ Friends of Business Money SourceAdditional resources to enhance your business and your lifestyle:----------------------------------------------------------- Capricorn City The Hangout For Writers and StoryTellersDo you have a story to tell? Like to write poetry? Do you enjoy or would like to review music, movies, or television shows? Interested in getting your works published? www.capricorncity.com is the perfect place to get your work seen by readers around the world. Please feel free to contact James Bullock at jabfas@gmail.com if you have a desire to let the world discover you. ---------------------------------------------------------------
Advertise Your Business in BM$ SuccessYou as a subscriber are invited to give your business free online exposure. Free advertising just for the asking! Just send a brief description of your business and the products or service you offer. State whether you are local to a specific region or a national or international company. We will place your info in the next issue of BM$ Success. Don’t forget your contact info or to spell check your ad!Send your ad info to: info@business-money-source.comAny Questions: Let us know what topics you would like to see covered in BM$ Success Newsletter. Be sure to check business money news page daily on business-money-source.com for updates. Also friend us on Facebook and follow us on Twitter! Until next month! Sincerely, Jim Bullock Business Money Source, LLCP.O. Box 16096Richmond, VA 23222 (804) 396-3040 “Your One Stop Online Business Information Source”www.business-money-source.com Twitter: @bizmoneysourcehttps://www.facebook.com/BusinessMoneySourceLLC Disclaimer: The content contained in the BM$ Success Newsletter is provided for informational purposes only. It is incumbent upon the user of the information to seek appropriate financial and/or legal counsel before entering into any financial transaction. Business-Money-Source, LLC nor its' principals are in no way liable for your financial transactions. See the “Disclaimer” and "Terms of Use and Privacy Policy" pages on the Business Money Source website for further explanation. |
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