No Financials Required
American Capital Group does not require financial statements to fund successful business enterprises. Our “Application Only” program is a fast, hassle-free way to obtain almost any type of equipment costing from $10,000 to $150,000. Most finance companies & banks require financial statements & blanket liens. Due to American Capital Group’s financial structure we can fund up to $150,000 with just our 1 page application form.
Benefits
- One page application
- Quick turnaround
- NO financial statements, no business plan, no projections required
- NO down payments - Two advance payments due upon signing paperwork
Required information:
- Business name & address
- Bank reference
- Ownership breakdown
- General equipment list & cost
Equipment We Finance
- Audio/Visual
- Manufacturing
- Fitness
- Medical
- Waste Mangement
- Engineering
- Printing
- Packaging
- IT
- And More
Terms/Structure
18 to 60 months
Pricing
Based on Credit Tier Approval
Minimum Credit Criteria |
$10,000 to $74,999 | $75,000 to $150,000 |
---|---|---|
Time in business under current ownership | 3 Years | 5 years |
Average bank balance | N/A | $10,000 |
Time bank open | N/A | 2 years |
Minimum D&B Paydex | 55 | 65 |
Comparable term credit | 50% | 70% |
Majority owner must be a home owner | Yes | Yes |