Thursday, July 14, 2016

My Funding Status Offers Fast, Easy and Affordable Business or Personal Funding

My Funding Status LLC is a business and personal funding consultation firm that has taken the much-required initiative to simplify and accelerate the process of getting funding for different needs.

The company’s online funding application service allows U.S residents to apply for funding by answering a few questions and fulfilling some requirements, all of which can be done online.

Get Started Now at Click Here!

My Funding Status offers a variety of funding solutions for different needs:

• Unsecured Personal Credit Program (Revolving Accounts) – The Company’s most popular personal product. Used for a variety of personal and business needs. Typical clients receive between 4-8 different Lines of Credit with our different lending partners.

• Credit Based Funding – Personal and Business – Great for Start-ups and Real Estate Investors, $20,000 – $200,000+ in Funding, Funding based on the strength of Personal Credit, 680 scores or better, Equifax Only funding possible. Funding in 7-14 days. 0% interest on most revolving lines for the first 12-months.

• Fix and Flip Loans – Real Estate Professionals, open Line of Credit for investors doing 4-6 deals per year consistently. Up to 90% Loan to Purchase on Rehabs. Access to Hard Money lender network.

• Revenue Based Funding – Loans up to $800,000, NOT based off credit cards sales, Personal Credit is NOT a factor, Line of Credit Options possible. NO Personal Guarantee. Funding in 3-5 days. Minimum $10,000/mo deposits into a business bank account.

• Account Receivable and Purchase Order Funding – Factoring of A/R, Lines of credit based on existing A/R or Purchase Order contracts. Great for Health Care Professionals (Factoring of Medicaid, Medicare, Worker’s Comp, etc.). Great resources for International A/R funding. Government Contractor.

• Equipment Funding Startups okay. The application only lending possible based on personal credit and business history.

• Commercial and Multi-Family Real Estate Funding Purchase, Refinance and Development funding resources. Asset-based funding possible.

• Private Debt/Equity Funding – Will require Debt and Equity position from the capital resource. 10% reserve of funding amount required by the client.

To make it easier for their users, My Funding Status have also introduced to their website a quick questionnaire through which users are able to find the specific type of funding, either personal or business would match their needs. The six question long questionnaire has been created to allow startups, existing businesses, medical professionals, real estate investors and entrepreneurs to get funding option that would ultimately benefit their unique situation.

Visit us at Get Started!

Angel Investors and Real Estate

Angel investors typically do not invest in real estate. You can create a table at showcases all of the available assets that can be used as a security for the investors that you are seeking especially if you are seeking angel investment for real estate purposes. Often, you can syndicate your deal as it pertains to raising a large amount of capital, and this is especially important for real estate needs. In most instances, venture-capital firms do not want to provide capital to real estate businesses unless there is the expectation that the real estate will go public via a real estate investment trust. More and more angel investors are investing in hard money mortgages, secured by real property purchases, due to the fact that there is an immediate upfront fee paid to them for providing capital.

If you are looking for angel investors then you may need a private placement memorandum even if you are seeking to purchase real property assets with the proceeds that you are seeking. The current economic climate has made lending very difficult for people that are involved with this particular industry. Syndicated investments are very important in the world of small business finance especially if you are seeking to acquire an owner occupied property or related asset.

Typically, only highly experienced entrepreneurs are able to raise large amounts of capital specifically for the purpose of acquiring income producing properties. Loans that are provided by angel investors typically are not typically used for real property purposes unless it is for a down payment for the specific parcel. On a side note, before you send any materials to a third-party, your attorney should review each and every document that you produce.

It is important to consult with your CPA as it pertains to funding methods especially for large scale purposes such as owner occupied properties or related real properties. Your certified public accountant will provide you with all of the necessary documentation as it relates to securing a parcel of property, the anticipated appreciate associated with the property, and an applicable loan amortization schedule if it is required by your real estate angel investor.

Additionally, you should always have a property appraiser on hand to ensure that your angel investor understands the value of the property that you are purchasing either for owner occupied usage or for income production. This documentation can be used for soliciting both equity capital as well as debt capital as it relates to your property business.

Angel Investor List Download. No registration required! Includes Free Business Plan Template.

Looking For Angel Investors is a website dedicated to people finding private investment.

Matthew Deutsch is a prominent business plan writer. His work has been included in nine books pertaining to this subject.