Finance

Requirements:

700 credit score, 12-month projection, Financial plans, Explain Return Of Investment, Application Form, 10% down to SBA or Investor, 2-year tax return. Upon Approval, 5% fee. 

Unsecured: 700 credit score

Secured: against assets, personal guarantee, or a lien against the asset 

accounts receivable, inventory, machinery, real estate, and financial instruments

Both need an application form; upon approval, 5% fee.

Account Debtor list including Company Name, Address & Phone #, Current AR Aging (in excel format if possible) showing the invoice date, debtor name, and age of all outstanding receivables.Current AP Aging (also in excel if possible), Previous 2 years of Financial Statements (balance sheet, income statement/P&L) if applicable, Current Financial Statements with comparable for the same period from the previous year, Any contracts, MSAs, or other agreements in place between the borrower and it’s debtors, Sample Invoices and Backup documentation (PO’s, Invoices & Proof of Acceptance by the debtor) if have current financing in place, a copy of current contract or loan agreement. How are your customers/account debtors, how are they billing you (how are service orders received, fulfilled, and billed), and how will we verify that the debtor signed off that the work was completed and has everything they need? To pay the invoice. Recourse is 90 days, we can make exceptions end extend recourse under certain circumstances, but it would require you to explain why it takes more than 90 days to receive payment—application form, upon approval 10% fee.

Requirements: Application Form, 600 credit score, secure is against assets, personal guarantee, or a lien against the asset accounts receivable, inventory, machinery, real estate, and financial instruments.

Upon Approval, 10% fee.

Requirements: Application Form, 700 credit score or 90 dnb score or  $250K in rev monthly with assets (May need personal guarantee). 2 Year Tax Return, P&L, Upon Funding 5% fee.

Requirements: Application Form, Time In Business 2 Months, Last 3 Business bank Statements (2 if TIB 2), EIN Confirmation Letter, Driver License, Voided Check, Debt Sheet, P&L, Landlord Contact Information,  Business License if applicable, Aging Account Receivables if applicable. Upon Funding 10% Fee.

Requirements: Application Form, 1st Page Contracts of current Debt, Last 6 Months of Business Bank Statements, EIN Confirmation Letter, Driver License, Voided Check, Debt Sheet, P&L, Landlord Contact Information, Business License if Applicable, Aging Account Receivables if applicable. Upon Approval 5% Fee.

Send All paperwork to ceoxcuvus@xcuvusinc.com

the application form is below: