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SOURCE: Synergistic Investments, LLC
Synergistic Investments, LLC advises businesses to obtain a credit line for startup costs and other big expenses as a better alternative to obtain funding.
Los Angeles, CA (PRWEB) March 05, 2013
If there’s one thing that a lot of entrepreneurs struggle with, it’s raising funds for their business or new venture. When enough cash isn’t available, most people turn to loans in order to come up with the funds that they need.
However, this is becoming less and less of an option especially for new companies because business loans nowadays usually have some very strict requirements, such as strong company portfolios, business cash flow, and more. Some businesses—especially new ones—may not be able to meet these requirements and thus won’t be able to qualify for a loan.
That’s where Synergistic Investments comes in. With the aim to offer better funding solutions for LLCs and other businesses, Synergistic Investments gives qualified businesses credit lines that they can use as good as cash.
A BETTER FUNDING ALTERNATIVE FOR BUSINESSES
“It’s a more flexible option for entrepreneurs,” says CEO John Terry Nicasio. Our credit lines have no restrictions so businesses can use it for a variety of expenses including start up costs, advertising, investments, and more.”
Interest rates for the credit lines are as low as 8.99% APR, but businesses will enjoy 0% interest for the first 6 to 12 months. Additionally, the credit lines don’t require any collateral or liens against any property or work equipment.
Another big advantage of having an unsecured business credit line is that it will enable businesses to increase their company credit score overtime, allowing them to obtain larger amounts of funding in the future.
There are no upfront costs, and businesses will only need to pay an 8% fee of the total amount of business credit that they are approved for, and this is payable out to the lines that they receive. In other words, no fees are due unless the business is approved for a credit line.
Additionally, lines will not report to personal credit bureaus so individuals obtaining a credit line don’t need to worry about offsetting their debt to income ratio.
100% FINANCING FOR START UP REAL ESTATE COMPANIES
Real estate companies and investors can leverage business credit lines to fund their deals. Since the funds can be used as good as cash, they can use their credit lines to purchase properties, make substantial down payments or use it for rehab and holding costs.
HOW IT WORKS
Obtaining a business line of credit from Synergistic Investments can be done in 3 simple steps. Businesses will first need to fill out a prequalification form in order to determine if they will be able to pre-qualify for a credit line.
A Synergistic Investments consultant will then get in touch within one business day to discuss their funding estimates and options. Once qualification is complete, Synergistic Investments will then process the application and can grant funding of up to $150,000 within 20 business days.
LESS THAN IDEAL CREDIT SCORES
People with less than perfect credit scores can still qualify for a business credit line if they find a co-singer. In fact, around 50% of Synergistic Investments’ client use credit partners. Individuals need not worry about their co-signer’s credit scores, as the business credit lines will not appear on personal credit reports, unless they default on payments.
ABOUT SYNERGISTIC INVESTMENTS, LLC
Synergistic Investments, LLC provides business lines of credit to all types of businesses, from companies that need start up capital to seasoned businesses in need of more funding to grow.
To learn more, visit: http://www.fundinganllc.com
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