{"id":976,"date":"2015-08-26T16:00:39","date_gmt":"2015-08-26T16:00:39","guid":{"rendered":"https:\/\/www.alliancefinancing.com\/?page_id=976"},"modified":"2015-08-26T16:14:07","modified_gmt":"2015-08-26T16:14:07","slug":"short-term-commercial-loans","status":"publish","type":"page","link":"https:\/\/alliancefinancing.com\/index.php\/working-capital\/short-term-commercial-loans","title":{"rendered":"Short Term Commercial Loans"},"content":{"rendered":"<p><strong>Alliance Financing Group is pleased to offer a short term working capital loan product as part of our working capital financing solutions for companies across North American.<\/strong><\/p>\n<p><strong> \u00a0<\/strong><strong><u>Short Term Working Capital Loan Product<\/u><\/strong><strong>:<\/strong> \u00a0 Underwritten by a North American alternative lender. This lender is a short term (bridge) lender with a focus on financing small and medium size companies for their near term growth opportunities. This product offering is a good fit for a borrower who requires additional short term liquidity to support an opportunity or solve a short term cash need.<\/p>\n<p><strong>Available Loan Amounts: $<\/strong><strong>5<\/strong><strong>,000<\/strong> minimum to <strong>$150,000<\/strong> maximum <strong>($250,000<\/strong> maximum in USA)<\/p>\n<p><strong>Term:<\/strong> 6, 9, 12, 15, 18 or 24 months<\/p>\n<p><strong>Interest Rate:<\/strong> From 15% for 6 month term. Longer terms require higher rates. No upfront lending fees<\/p>\n<p><strong>Daily Payments<\/strong> (business days only)<\/p>\n<p><strong>Minimum Qualification:<\/strong> Available for corporations, LLCs, proprietorships or partnerships. The business must be established for at least one year, with annual revenue of at least $100,000 and minimum average bank balance of $3,000. Majority owner(s) to provide personal guarantee. Guarantor(s) must have minimum credit score of 600.<\/p>\n<p><strong>Simple Application Process:<\/strong> completed credit application and 3 months bank statements \/ merchant account statements.<\/p>\n<p><strong><u>Sample Loan and Payments:<\/u><\/strong> <strong>$50,000<\/strong> term loan for 6 months. Payments of $456.35 daily (business days), starting the 1<sup>st<\/sup> day after the loan advance. Total payback is $57,500 over the 6 months.<\/p>\n<p><strong><u>Top Approved Industries:<\/u><\/strong><\/p>\n<table width=\"728\">\n<tbody>\n<tr>\n<td width=\"248\"> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Automotive Repair<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Dentists<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Physicians<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Beauty Salons<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Gift Shops<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Restaurants<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Furniture Stores<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Plumbing, Heating &amp; Air Conditioning<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Hotels \/ Motels<\/td>\n<td width=\"240\"> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Sporting Goods Stores<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Supermarkets \/ Grocery<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Gas Stations<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Nail Salons<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Retailers (except Tobacco)<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Electronics Stores<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Clothing Stores<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Cleaning Services<\/td>\n<td width=\"240\"> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Veterinarians<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Home Health Care Services<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Home Furnishings Stores<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Optometrists<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Auto Parts Stores<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Bars<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Jewellery Stores<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 <strong>MANY MORE<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p><strong><u>Restricted Industries:<\/u><\/strong><\/p>\n<table width=\"728\">\n<tbody>\n<tr>\n<td width=\"248\"> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Financial Services \/ Investments<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Insurance Brokers \/ Agents<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Real Estate Brokers \/ Agents<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Mortgage Brokers \/ Agents<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Tax Preparation Services<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Pawn Shops \/ Consignments<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Adult Entertainment<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Appraisers<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Funeral Services<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Schools \/ Day-care Facilities<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Personal Trainers<\/td>\n<td width=\"240\"> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Automobile Dealers<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 RV &amp; Trailer Dealers<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Motorcycle &amp; Boat Dealers<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 ATV\/Snowmobile Dealers<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Outdoor Power Equipment<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Payroll Companies<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Call Centres<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Law Firms<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Farming<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Religious Organizations<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Sports Groups &amp; Venues<\/td>\n<td width=\"240\"> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Non-Truck Based Freight Transportation<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Logistics\/Freight Forwarding<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Passenger Transportation<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Marinas<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Travel Agencies<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Tour Operators<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Mining<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Energy Generation \/ Distribution<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Printing &amp; Publishing<\/p>\n<p> \u00b7 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Non Profit Corporations<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/www.alliancefinancing.com\/index.php\/contact-alliance\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-323 size-full\" title=\"questions\" src=\"https:\/\/www.alliancefinancing.com\/wp-content\/uploads\/2011\/04\/questions.gif\" alt=\"Questions\" width=\"135\" height=\"30\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Alliance Financing Group is pleased to offer a short term working capital loan product as part of our working capital financing solutions for companies across North American. \u00a0Short Term Working Capital Loan Product: \u00a0 Underwritten by a North American alternative lender. This lender is a short term (bridge) lender with a focus on financing small [&hellip;]<\/p>\n","protected":false},"author":999,"featured_media":0,"parent":574,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"class_list":["post-976","page","type-page","status-publish","hentry","entry"],"acf":[],"_links":{"self":[{"href":"https:\/\/alliancefinancing.com\/index.php\/wp-json\/wp\/v2\/pages\/976","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alliancefinancing.com\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/alliancefinancing.com\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/alliancefinancing.com\/index.php\/wp-json\/wp\/v2\/users\/999"}],"replies":[{"embeddable":true,"href":"https:\/\/alliancefinancing.com\/index.php\/wp-json\/wp\/v2\/comments?post=976"}],"version-history":[{"count":4,"href":"https:\/\/alliancefinancing.com\/index.php\/wp-json\/wp\/v2\/pages\/976\/revisions"}],"predecessor-version":[{"id":981,"href":"https:\/\/alliancefinancing.com\/index.php\/wp-json\/wp\/v2\/pages\/976\/revisions\/981"}],"up":[{"embeddable":true,"href":"https:\/\/alliancefinancing.com\/index.php\/wp-json\/wp\/v2\/pages\/574"}],"wp:attachment":[{"href":"https:\/\/alliancefinancing.com\/index.php\/wp-json\/wp\/v2\/media?parent=976"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}