Bullet points for L.O.C.

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Customer needs to be in business for at least 6-12 months o Exception: If they use the merchant service account of the same client they only have to have ticket sales for 4 months and may be considered early. Customer needs to average a gross of $4000.00 a month or more for the last 4 months Require the last four months of Merchant statements (bank account statements) with application Must accept Credit cards (examples: Amex, Visa, MasterCard) Amount given can range from $2,000 to $200,000; anything above 200k will need a 10-20% proof of liquid cash to receive funds Underwriters are the only ones that can approve the amount and calculate the interest rate Maximum repayment time frame FOR L.O.C. is one year If customer gets a merchant account from us, they are automatically eligible for a L.O.C. within 3 months Underwriting takes approximately 2- 3 business days; once approved and all documents are submitted, funding make take place in as little as 5-10 business days Registration for being a member of all financial services is $295 only when customer is approved (see below)

Fees - Commercial Lending

There is a $295.00 one time registration fee for all new clients. This fee should go in with application, however, client can wait until after speaking with Funding Client directly to ensure program acceptance before submitting.

Fees - Church Loans

There is a $395.00 one time registration fee for all church loans. This fee should go in with application, however, client can wait until after speaking with Funding Client directly to ensure program acceptance before submitting.