How Much Funding Can Someone Get & How Fast Can They Get It

How Much Funding Can Someone Get & How Fast Can They Get It

Anyone can obtain $50,000 in NO PG (no personal guarantee) corporate credit lines within 6 months and $100,000 in 12 months. If good personal credit is used to obtain PG (personally guaranteed) corporate credit lines, it can range from an additional $50,000 in 6 months, up to $250,000 in 12 months.

When one seeks funding beyond these amounts, the bank will require (2) years of income earning statements according to this general formula: Loan Amount รท 5 = Gross Yearly Income required. For example, $5,000,000 in funding would require an organization to show a gross yearly income of $1,000,000 before they could qualify.

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