FUNDING SOLUTIONS
At FENIX we are constantly expanding our funding reach to provide more business owners with financial programs that are specifically developed and structured to meet your individual industry needs.
WHY FINANCE?
Business owners face dynamic challenges and opportunities every day and deserve better than “one size fits all” financing. We offer a selection of flexible financial solutions to help you overcome unique business challenges or take advantage of important opportunities. Small businesses need working capital for a variety of reasons – from purchasing inventory and equipment to remodeling and advertising or even just to boost cash flow. Our business financing products can be used for any business opportunity and offer flexible repayment options. Better yet, we provide access to $3,000 to $1,000,000 in as few as 48hrs!
MCA
Our merchant cash advances are ideal for businesses that accept debit or credit cards and prefer flexible repayments that work with the peaks and valleys of card transactions.
-
Repayment via small, fixed percentage of daily sales
-
Minimum $15,000 per month gross sales
-
Minimum 3 months in business
-
Poor or excellent credit? We have a solution for you!
Businesses across country have found that financing from FENIX is the right solution at the right time. Give us a call now at 888-514-6740
ACH
This program simplifies the factoring process and opens up a traditionally untapped receivable. We are able to analyze the total amount of receipts on a monthly basis and provide financing based on a percentage of that average. Approvals and funding can take place in as little as 24 hrs. Let us help you unlock this capital stream. We look forward to hearing from you.
LINE OF CREDIT
These business lines of credit do not require collateral and include anything from smaller business credit card solutions to individual lines of credit for $500,000.
How much the business owner qualifies for depends on the credit profile and the size and profitability of the business. Start-up companies with no established revenue and a business owner or partner with a good credit file can expect to receive between $25,000 – $100,000 normally. Established businesses with revenues of $1,000,000 up to $10,000,000 can expect between $100,000 – $500,000 with no collateral if they qualify with their financials and credit. These are A-Paper products so the rates are very good. They range anywhere from 0% introductory offers on all our business credit card solutions to 1-5% over prime for the larger lines of credit.
We specialize in the arena of 20k-150k lines of credit The business must be established for at least 18 months and have monthly revenue of 20k or more. The turnaround time is usually within 2 business days.
Let us provide you with the capital that you need to grow!