We handle all commercial loan sizes from $5,000 for small merchant cash advances, to well over $20,000,000 for middle-market financing facilities.
We work with every and all types of industries. Small, medium and large businesses work with GUD Capital to handle their financing needs.
We are really geared toward underutilized small business financing programs like SBA financing. The plurality of our 4,000 lenders are small banks and community banks. With that having been said, we have plenty of lenders that handle any and all types of alternative financing.
GUD Capital has lenders that work in all 50 States of the US, along with international lenders in Canada and the UK.
The only start-up financing we handle are SBA 7(a) financing, equipment financing, and loans against ones stocks (commonly-used to fund franchise businesses).
The time period for funding depends on the type of loan the business is seeking. For SBA and traditional financing, the time frame can be between 30-90 days. For alternative financing about 5-10 days. Merchant cash advances take 1-2 days.
We charge you nothing out-of-pocket. Most of the time we get paid a success fee from the lenders. In some situations relating to traditional financing where the lender does not offer a referral fee, we charge between 1-2% of the final facility amount, and it would only be due at funding.
No. But we are confident that GUD Capital is among the most successful financing brokers at finding our clients the best possible financing for their companies.
Generally, to qualify for bank and SBA financing, a business owner needs to have a credit score over 650. For other forms of alternative financing, credit score requirements can range from 500-650. But with increased lender risk, the higher the borrowing rates.