StartUp


Syndicated Lines of Credit (SLOC)

Startups are more challenging due to the limited time in business and the lack of revenue. With good credit, our approach to helping startups get off the ground is to educate our clients on using their personal credit as a tool to secure 3-7 new personal and/or business credit cards.

SLOC is a unique funding program that was created to provide funding solutions to the unfundable “start-ups” and flexible capital to existing businesses.

This program helps our start-up and existing business clients secure 3-7 personal and/or business credit cards through banks that typically offer a 0% APR introductory period for 9-21 months. Every client is unique, and their specific funding plan, whether personal or business cards (or both), is tailored to each credit profile.

FAQs

Your Queries Answered: Navigating Financial Success with Everlend Financial Group, LLC

 I have bad credit and even a previous bankruptcy. Can you get me funding?

This is one of our most frequently asked questions and the answer is YES! If you have poor personal credit, or even have filed previously for bankruptcy, we can still provide you with working capital. The qualifications are 1) you have been in business for at least 3 months and 2) your business generates sales in excess of $4,000 per month. In over 90% of cases, if you meet these two requirements, we can provide you with funding!

What can I use the funding for?

It is your money for your business, so you can use it however you see fit. Many of our clients use funding to cover payroll, renovate, manage inventory, expand, purchase equipment, and a variety of miscellaneous business expenses. You are the expert in maintaining and growing your company, and we are the experts in getting you the money you need to do so. It’s a win-win situation

What is the minimum requirements for funding?

Minimum of three months in business.
Minimum of $5,000 in monthly revenues.

Your business is based in the United States.

How do I get started with Everlend Financial Group, LLC?

Hit the 'apply now' button and fill out all the info you can, so we can get started.

Are you the one funding me?

No, we are the middle man in between you and success!

What is your application process?

The application process is straightforward and should take approximately five minutes. You can submit an application through our website to guide you through the process. Once we receive your full application and supporting documents, you will receive an offer within 24 hours.