Business Loans & Funding
Our wide range of services helps companies build, grow, and improve performance
Blanks Financial Solutions provides a wide variety of Business Funding services to meet your business needs. Our Capital helps registered businesses in places where our people live and work.
In addition to our relationships in the financial industry BFS is affiliated with Realtors, Builders, Management Companies, Equipment Vendors, Dealers, Manufacturers, Suppliers and Distributors throughout North America.
- Commercial Credit amounts negotiated on a case-by-case basis
- Short Wait for pre-approval
- Funding in 1 Week+/-
- Various Credit terms-1 up to 36 Months (up to 60 months on a case-by-case basis)
- Flexible Repayment Plan
- Pre-Authorized ACH
asset based Lending
Our Asset Based Lending and Financing Program are designed for businesses, entrepreneurs, practitioners, and professionals who need industry specialized asset lending.
Asset-based lending is any kind of lending secured by an asset. This means, if the loan is not repaid, the asset is taken.
- 1. Copy of Credit Report within 30 days
2. 6 months bank statements
3. Front and Back of Driver License or Government Issued ID
4. Front and Back of Social Security Card
5. Articles of Business
6. The last 2 years tax returns
7. Profit and loss Sheet year to date
8. List of Assets must own (what is the asset and the value)
9. List of Assets that you have equity in (what is the asset, what is the equity in the asset, what is owed on the asset)
10. Summary about your business and how you plan to use funds
Business Installment Loans
BFS Business Installment Loan and Financing Program is designed for entrepreneurs, businesses of all sizes who need a business loan.
A business installment loan provides a fixed amount of capital that a small business can use to cover business costs. The business then pays back the loan in monthly installments that include both principal and interest for the duration of the loan term.
- 1. Copy of Credit Report within 30 days
2. 6 months bank statements
3. Front and Back of Driver License or Government Issued ID
4. Front and Back of Social Security Card
5. Articles of Business
6. The last 2 years tax returns
7. Profit and loss Sheet year to date
8. List of Assets must own (what is the asset and the value)
9. List of Assets that you have equity in (what is the asset, what is the equity in the asset, what is owed on the asset)
10. Summary about your business and how you plan to use funds
Invoice Factoring
Invoice Factoring is used to finance businesses with short-term cash flow issues, especially when your business doesn’t qualify for a traditional bank loan or any other alternative solution.
Invoice Factoring is a financial transaction and a type of debtor finance in which a business
sells its accounts receivable to a third party at a discount. A business will sometimes factor
its receivable assets to meet its present and immediate cash needs
Ideal for:
- Construction
- Logistics
- IT and Software Development
- Staffing Agencies
- Manufacturing
- Freelancers
- Must invoice business or government customers who have good credit scores and established businesses.
- Typically, no startups fit into this category of funding. Funding is dependent upon the creditworthiness of your business’ customers
- Invoices must be unencumbered by other loans and due and payable within 90 days
- No history of legal or tax issues
Purchase Order Financing
Purchase order financing is a cash advance that small-business owners can receive on their
purchase orders. With PO financing, a lender will pay your third-party supplier up to 100% of
the costs required to produce and deliver the agreed-upon goods to your customer.
Once your customer receives the goods, you invoice them for the fulfilled order, and they pay
the purchase order financing company directly. Then, the PO financing company deducts its
fees and pays you the rest.
- Verifiable Income
- 3-6 months Bank Statements
- No Recent NSF’s or overdrafts
- Age 21
- Valid Driver’s License
- Valid Office Address
- Recent Credit Report
Structured Buyout Funding
BFS provides Structured Buyout and Real Estate Funding throughout North America. We understand real estate sellers, buyers, and investors and we are able to make common sense credit decisions.
Structured Buyout Funding is when you secure funding to buyout other partner or partners within the business and restructure the company.
- Funding approval in 30-60 Days+/- upon meeting underwriting requirements
- Funding short-term-36 Months or long-term up to 180 months
- Flexible Repayment Plan
- Pre-Authorized ACH
- Begin Verifiable Tenant Lease, Rent, and Operating Income
- 3-12 months Proof of Income and or Bank Statements
- Verifable income
- No Recent NSF’s or overdrafts
- Age 21
- Valid Driver’s License
- Valid Office Address
- Recent Credit Report
Working Capital Loan Funding
For Acquisitions, Expansions, & Divestitures (Refinancing & Buyout)
Working Capital Loan funding is a loan for small and medium businesses that gross between $120,000 to 5 million a year. That provides funding for everyday business needs.
Companies with challenging credit can apply.
- Credit amounts $1,000 – 50,000 negotiated on a case-by-case basis
- Short Wait for pre-approval
- Funding in 1 Week+/-
Credit terms-1 up to 36 Months or even 60 months - Flexible Repayment Plan
- Pre-Authorized ACH
- $1,000 or more of Verifiable Monthly Income
- 3-6 months Bank Statements
- No Recent NSF’s or overdrafts
- Age 21
- Valid Driver’s License
- Valid Office Address
- Confirm the Time of Service or Product Delivery
- Recent Credit Report
