I have used Jason in the past and he is very responsive and upfront.
The first 2 will require the prospect to sign up through us for an American Express Business Card for their business before we can enroll them
Business Loans: Loans up to $50K. Fund Growth or Refinance Debit. Must have FICO over 660. 1 Year, 2 Year, & 3 Year Terms. 6.98% - 19.97% APR Monthly Payments. No Origination Fee. Your pre-approved loan amount and maximum APR are based on the credit worthiness of you and your business.
Working Capital: Your vendors are paid up front and you pay it back on either a 30, 60, or 90 day term with a corresponding fixed fee starting at 0.5%, 1.0%, or 1.5%. Loans are provided up to $750K. Pay only one low fixed fee for each funding request. There’s no collateral, no origination fee, and no hidden costs. This is great to use when vendors provide a discount for paying the invoice upfront.
Merchant Financing: Loans from $5K up to $2 million for merchants that have been in business for at least 1.5 years. 6, 12, 24 month terms. No origination fee. Fixed fees range from 1.75-5% (6 month term), 3.5-12% (12 month term), and 7-20% (24 month term). 83% of merchants get funded within 5 days of approval. This is our standard solution. We have another merchant financing solution that only requires the business to be up and running for 2 months and the loans start at $5K and there is no maximum loan amount limit but the fixed is a little bit higher.
Jason Baker
Diamond Elite Merchant Solutions
184 North Avenue East Suite 200
Cranford, NJ 07016
Cell Phone: (845) 642-5885
Office Main: (973) 320-5740
Office Direct: (973) 320-5742
Office Fax: (973) 860-1140
jason@diamondelite-de.com
until