TERM LOAN - Loan Amount - $20k to $500k

• Minimum Time In Business - 6 months
• Time To Fund - As little as 2 weeks - Average of 30 days
• Loan that matures at predetermined point in the future. Monthly payment options.
• Pros - Collateral may not be required, Reasonable amount of documentation, Can fund more quickly than SBA loans
• Cons - Strong credit required, Shorter repayment term than bank loans

LINE OF CREDIT - Loan Amount - $2k to $100k

• Minimum Time In Business - 12 + months
• Time To Fund - As little as 15 days - Average of 60 to 90 days
• Pros - Can repay and re-borrow, Can be used for various purposes
• Cons - High FICO needed for low rate, May require collateral and guarantee

WORKING CAPITAL - Loan Amount - $5k to $200k

• Minimum Time In Business - 6 months
• Time To Fund - As little as 2 days - Average of 7 days
• Pros - Quick funding, Non-prime FICO accepted, No collateral required
• Cons - Daily withdrawal for payment

SBA LOANS - Loan Amount - $20k to $500k

• Minimum Time In Business - 12 months
• Time To Fund - As little as 30 days - Average of 60 to 90 days
• Pros - Lower cost than other alternatives, Longer term (5 years or more) than others
• Cons - Longer underwriting process, Requires collateral, Down payment required

INVOICE FINANCING - Loan Amount - $2k to $100k. Advance against invoices which is typically 75% with the balance paid upon payment from customer, net of discount fees.

• Minimum Time In Business - 3 months
• Time To Fund - As little as 7 days - Average of 14 days
• Pros - Quick funding, Limited borrower underwriting, No credit check
• Cons - Need to underwrite performance and customer, Requires invoices, must repay when customer pays invoice, may be higher cost than other alternatives

Unlike having only one lending source with limited loan options and limited approval ratios, eFinancing Solutions has lending options through several lending partners that include programs for A, B, C and D credit. Our secure system was developed to handle the large flow of data and allows each application to be processed and matched with appropriate lender, based on certain pre-defined data collection parameters. Our technology design allows our internal loan-processors the ability to submit and track each application. Our customers are always updated and know exactly where they are in getting the funds they need for their product or service.

For additional information, please feel free to contact us at 800-728-9585 or info@efinancing-solutions.com