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NOVAE'S BUSINESS FUNDING PROGRAM

Business Funding

Novae offers funding for businesses in ALL 50 STATES NATIONWIDE!

** The below program minimums are a general guideline and funding approvals will be based on the health of your personal and or business credit profile. If your credit file has little to no credit, it will be hard to gain an approval. If your credit profile has credit card utilization above 30%, credit line approval will be more challenging. If your debt-to-income ratio is above 50%, all loan programs will be challenging to gain approval. Make these considerations before applying. If you have general questions before applying, email [email protected].

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* Not yet available for Business StartUp Funding

Business Cash Advance

If you accept credit cards or have regular bank deposits, you can get funding advanced to you for up to 200% (twice) of the amount of your monthly deposits.

Min Credit Score:550
Min Time in Business:6 months
Min Monthly Rev:$8,000/mo
Funding Range:up to $10 Million
Business Term Loans

All types of loans, including SBA Express, 7(A), Equipment Financing, Franchise Loans, Purchase Order Loans, Real Estate backed loans and even more…

Min Credit Score: 650+
Min Time in Business: 2+ years
Min Monthly Rev: $20,000/mo
Funding Range: up to $5 Million
Business Line of Credit

Money available to “draw” against that’s deposited into your bank account. Repayment plan based on what you borrow. Access to balance.

Min Credit Score: 650+
Min Time in Business: 2+ years
Min Monthly Rev: $20,000/mo
Funding Range: up to $250,000
Invoice Factoring

Sell your accounts receivable to a lender at a discount, which the lender in turn provides an advance on payments for outstanding invoices.

Min Credit Score: 530+
Min Time in Business: 3 months
Min Monthly Rev: $40,000/mo
Funding Range: up to $5M per month
Business StartUp Funding
Novae offers Unsecured Business Funding & Small Business Loans
Min Credit Score: 680+
Min Time in Business: NONE
Min Monthly Rev: 0 to $4k
Funding Range: up to $150,000
Commercial Real Estate Loans

Property Types offered: Retail, Mixed Use, Industrial, Warehouse, Multi-family, and SFR 1-4

Must own personal residence

Min Credit Score: 660+
Funding Range: up to $150 Million
Equipment Financing

For financing new or used equipment and their associated soft costs.

Min Credit Score: 700+
Min Time in Business: 4 months of business bank statements
Min Monthly Rev: n/a
Funding Range: $1k to $20M
Rapid SBA

Fastest access to an SBA loan with streamlined processes and documentation. Get pre-qualified today.

Min Credit Score: 720+
Min Time in Business: 3+ years
Min Monthly Rev: $14,000/mo
Funding Range: up to $150,000
Business Purpose HELOC

Unlock business capital from your home equity as quickly as 5 days with our business-purpose home equity line of credit (HELOC).

Min Credit Score: 600+
Min Time in Business: 3+ months
Min Monthly Rev: $12,000/mo
Funding Range: up to $750,000

* If you are close to the above requirements, some exceptions can be made. Some funding types accept co-signers.