FAQ

Q. What is No Doc Funding?

Minimal documentation: no tax returns are required, just 3 or 4 months of business bank statements.
A minimum credit score of 680 is required.

Q. What are Alternative A, Alternative B, and Alternative C loans?

Refer to three options or choices presented as possibilities in a decision-making process.
Where “A” represents the first option, “B” represents the second, and “C” represents the third. This allows for comparison and selection of the most suitable choice.

Q. What is Revenue Base Funding?

Revenue-based financing (RBF) allows businesses to raise capital by giving investors a percentage of the company’s future revenue.
It’s also known as royalty-based financing.

Q. What are Traditional Term Loans and Lines of Credit Financing?

A traditional term loan is a lump sum paid back over a period of time.
While a line of credit is a pre-approved amount of money that can be accessed as needed.

Q . What does DSCR mean?

Debt Service Coverage Ratio. This financial metric measures a company’s ability to pay its debts using its cash flow.

Q . What does WVOE mean?

Written Verification of Employment. This is an essential tool in mortgage underwriting for documenting wages or salaried income.

Q . What is an ITIN LOAN?

An ITIN Loan is a mortgage for people with an individual taxpayer identification number instead of a social security number.