Our expertise is in knowing the lending institutions and submitting your applications in such a way that they get approved the first time. We are able to cumulatively obtain unsecured lines of credit of $100,000 to $250,000 for our clients via three to five lenders at a time. 

We do not charge any up front fees. We only get paid for the actual financing that your business is approved for.

The unsecured lines of credit require no collateral, which means that none of your assets, including your home and any other property, business or personal assets, need to be pledged.

Unsecured business lines of credit are available to applicants with FICO credit scores of as low as 680 provided that they are not maxed out on their current revolving lines of credit and their credit reports do not reflect a slow payment history, judgments, repossessions or bankruptcies. For those who have these problems, we have great solutions for credit challenged applicants which will make them also eligible for financing.

Documents are required to show that your business is state registered and licensed, and the highest lines of credit are available to you. Two years business tax returns are required.

Although lenders require personal repayment guarantees from between 25% to 85% of the people who own the business, the lines of credit do not show up on personal credit reports unless payment defaults occur. Instead they report to the business’s credit report which is a good credit building strategy for your business.

Each facility that we obtain for you is a perpetual and revolving credit line which requires variable interest-only payments. The line of credit works like a giant credit card except for the fact that it is cheaper and has the added benefit of check writing access. Also, interest is only payable on the funds that are used and can be repaid at any time with out any penalty. There are no minimum or maximum balance requirements and most lines never convert to term loans.

The interest rates, which are at the discretion of the lenders, usually range between prime –1 and prime +5 or higher, with the average being prime +2.

Each lender will request their own credit report and the success of your application, terms and interest rate will depend on their underwriting guidelines and scoring system as well as your personal credit payment history.

Lender decisions are usually received in less than four days and the money can normally be accessed seven to fourteen days later.

Our consulting fee is usually 5% of the total amount of each approved line of credit and must be paid within seven days after a line of credit has been approved and you are able to access the funds. 

Frequently asked questions and answers.

Getting started.

To be considered for our service you have to follow the below easy steps.

1. ORDER YOUR OWN PERSONAL CREDIT REPORTS ON-LINE.
By ordering your own reports, you will reduce the number of inquiries on your reports (personal inquiries do not show) during this application process which will increase your chances of being approved. When doing this, you must make a note of your user name and password which you must then enter it into our on-line PROFILE APPLICATION FORM together with your business and personal information. Please note that you do not have to disclose your Social Security number or Bank Account number in order to complete our profile application form.  If there is anything about this that you are not sure about, please call 813- 300-4744 or 813- 966-1674 or 1-800-879-0284 for assistance.

2. Complete our PROFILE APPLICATION FORM after ordering your credit report.

Our phone number is 1-800-879-0284 

Our Email address is Originator@MegaLoanFunding.com  

Disclosure; MegaLoanFunding.com and or it's employees, officers and agents does not provide tax, legal or financial advice. We are not a financial management or credit improvement service or credit / debt management company. If you need any type of legal advice or debt management, or financial advise, you must contact a licensed attorney, debt management company, licensed accountant or financial advisor. 

The unsecured business line of credit programs described in this page do not constitute any form of offer to make a loan or to make a loan on any particular terms. If you are interested, you must make a formal written loan application and provide all required documentation. All information submitted by loan applicants is subject to verification by appropriate and independent lenders. All loan applicants must qualify under lender underwriting requirements and satisfy all contingencies of loan approval. Line of credit approval will be subject to satisfactory applicant interview, review and no change in financial condition. Some lines of credit may not available in all states and jurisdictions. The unsecured line of credit programs on this page are subject to change without notice. Our loan programs are for commercial business purpose only.