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  • Core Business Capital

Put some cash in your pocket with a premium refinance.


It's been a decade since the great recession and new premium business funding products are entering the market every year, but business owners are unaware of how to navigate their way into better terms. This is where having a specialist you trust comes into play.


Each product has its own unique qualifying criteria and paperwork stipulations required to fund. Knowing exactly what is required before entering an underwriting process is a powerful tool. Saving you time and unnecessary credit inquiries. In many cases, too many credit inquiries within the last 6 months is enough to ruin your chances.


These requirements become exponentially difficult to navigate when an existing debt is in place. Lenders are not fond of sending money to their competitors. The timing on a refinance has to be perfect. For example, underwriting will require a certain amount of time has passed since your most recent funding and you will need to net a specific percentage of the new loan proceeds. Pulling the trigger on an application too soon can backfire and reset the clock on your chance to refinance.


To learn more about refinance opportunities, call 720-222-3396 or apply at https://www.corebusinesscapital.com/get-cash. Below is a basic outline for the 4 most common small business funding programs:


SBA loans – (120-month terms) - prime + 2.75%.

· Requires 640 minimum credit score.

· Typically requires business to be operating for a minimum of 36 months.

· No restrictions on quantity of outstanding positions.

· Does not require the borrower to net a specific % of new loan proceeds.


Commercial term loans – (12 – 48-month term options) - starting at 8% APR.

· Requires 660 minimum credit score.

· Typically requires business to be operating for a minimum of 24 months.

· Will pay off a maximum of 2 outstanding balances.

· Must be 91 days since most recent funding.

· Does not require the borrower to net a specific % of new loan proceeds.


Working capital loans – (6 – 24-month term options) - average 2% per month.

· Requires 600 minimum credit score.

· Requires 12 months in business.

· Will pay off a maximum of 2 outstanding balances.

· Must be 61 days since most recent funding.

· Requires borrower to net 50% of the new loan proceeds.


Merchant cash advances – (2 – 18-month term options) - average 3% per month.

· Requires 500 minimum credit score.

· Requires 3 months in business.

· Will pay off a maximum of 2 outstanding balances.

· Must be 31 days since most recent funding.

· Requires borrower to net 50% of the new advance proceeds.


**This is simply a generic outline. Not to be used as an industry standard.**

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