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| Detailed Financial Statements for 2-3 years |
Financial Statements not required |
| Audited Tax Returns for 2-3 years |
Audited Tax Returns not required |
| Must be in business for a minimum of 2-3 years |
Must be in business for 1 year (as few as 30 days for Restaurants) |
| Personal Guarantees of all owners |
Guarantee against fraud or intervention |
| Lengthy Approval Process |
As quickly as 24 hours for approval |
| Costly Application Fees |
No Application Fees |
| High Credit Scores required |
Proprietary Scoring system does not require High Credit Score |
| Costly Closing Costs |
No hidden fees or Closing Costs |
| Collateral of all Business Assets |
Only your future credit card sales |
| Complicated Application |
1-page Basic Application and copy of last four months of credit card processing statements |
| Fixed Monthly Payments |
Repayment based only on current sales |
