Bitty Advance is a Florida-based business loan provider founded in 2018. 6 Beds. You sign the funding agreement either through DocuSign or online check out link. I will also be gifting you a Free Restaurant incentive in the voucher amount of $100 or $200. This is crucial in brick and mortar businesses as is for digital businesses too. You are getting the best. If you're on mobile, you can go to the "hamburger lines" at the top right of your screen and begin. You get Automatic Payments with most being daily payments (Monday-Friday) not on holidays. More Funds (2nd-5th positions) MAY be available, Smaller Funding option continuedCanadian Citizen or Permanent Resident, No one person business (sole properitors with employees are fine). In agree to receive them even if I have registered my number(s) with my state or federal Do-Not-Call list(s). MCAs have been successfully used by nearly every type of small business, including: IF you meet the qualifications of $15k+ PER Month within the last 3 months instead of $5k per month. Remember me. Unsecured (Non-Collateralized) Term Loans from 1-5 years (but not right now in the market, they are not avaialble) Business Lines Of Credit Up To $250,000 as somewhat shown above in the line of credit segment Credit Line Hybrid (No docs needed and startup friendly) You can get funding up to $200,000. Once you have one or more of these, you can NEVER get funding in the industry again (so be careful with what you wish for). Click here for the Paid membership . At least $5,000 in monthly bank revenue Credit score of 450 or higher At least six months in business Business checking account Bitty Advance is available in all 50 states and doesn't have any industry restrictions. Fundbox also has a fast application process. Did you know there'sBitty advance partners that can fund you in a more secure way? So if you take $10k from your total $50k, what would the payment be to pay it all back in 12 months? Sometimes will be required to own 75%. a small business owner like yourself (owner of. Straight forward application process so you don't have to worry about going through complicated rates and pre-payment applications like many other places which means you'll get through it faster and feel like you didn't burn a sweat! Weird Commission Plan Makes You Millions? You won't have to feel like a salesman, rather you can use stories to get your point across and make the sale. Sufficient Collateral (if needed - Not necessary to supply), 10% Down payment (if needed - Needed for business purchases), 680+ FICO (660 or sometimes 650+ entry point too), 500,0000+ Annual gross revenue ($400,000 or $120,000 or $150,000 - the last two are more for express loans up to $150k and up to $350k), At least 2 years of profitability (Most recent is best), No bankrupticies/forclosures/liens in the last 3 years. But other lenders may offer funding that meets your needs. Additional qualifications include being in business for at least a year and having $100,000 in annual revenue. You will get the BEST out of me and the right lender and that goes for the communication as well..I will be following up with you just to let you know where you are in the proces (NOT to heckle you! Kaydem Credit Review Best Personal Credit Repair Experts For You? #6 Kabbage. Innovation Refunds Review Best Place To Get A Payroll Tax Refund? Youre also going to get full access to 1-1 Zoom calls with me! Your application MUST be completed, signed and dated. There is NO Lawsuit against Bitty Advance, so if you're searching for one thinking there is, well there is not. I wouldnt say theres anything I disliked and Im not saying this to be biased but maybe that its not for sole proprietors. Merchants qualify for renewal when balance reaches 50%, You MUST have a business checking account - Must be in the name of your business, NOT a personal account you are using for business, Have a minimum of 5+ revenue deposits PER month, $10,000+ in monthly sales required or $15k+ for larger funding, Owner credit score of 550+ FICO or 500 for lower funding amount if you're doing $10k+ per month but not $15k+. There is no Funding call interview because this is an "A Paper Client". You will be a customer of Bitty Advance with respect to any products or services provided by Bitty Advance. Yes, these advances have a personal guarantee, but which option doesn't these days? The average price for real estate on Breezyhill Drive is $547,481. NOTE 2:ONLY (and I'm serious here) Start your application AND Submit it YOU are FULLY Serious and want the VERY Best for your current situation where you're not having to worry about faulty lenders and other organizations/broker/agents fooling with you and wasting your energy and time. BONUS #3:180 Done-For-You Emails by a professional Copywriter($6,097 Value). Bitty Advance beware of bad customer service & management. But before I show you how we underwrite later below (the BEST) just know that to get past $25k or $35k, you need to be doing around $25k (sometimes $20k per month) or so on your lowest month to get between 75%-200% but there's more to it then just that (PLUS: You need to begin somewhere and the build the relationship with the lender). About David Allen Capital Both will help you maintain social distancing and economic growth while maintaining COVID-19 for yourself, your employees, and your customers while wearing masks. Good news, on May 1st 2022, a NEW service was launched where you can FINALLY apply for funding and even without: If you want to check out how this funding program works and how to get up to $5,000 fast, Click here to see my in-depth review of the program. Prior to becoming an editor, she covered small business and taxes at NerdWallet. P.S. P.S. There is no "Forgiveness" for not paying back your advance which is Your responsibility and it's part of the accountability you need to have and own for not being able to pay what you can back That's why You have to understand how to use your funds and what ROI potential it can bring so you're not biting off more than what you can chew. I will guide you, and let's make this a frictionless and as smooth as possible. .-69%-1.39 interest (cost of funds). Current loan consideration is this: If you have a current capital advance, the amount you still owe will be taken into consideration and cause a reduction in your approval amount. __CONFIG_colors_palette__{"active_palette":0,"config":{"colors":{"f3080":{"name":"Main Accent","parent":-1},"f2bba":{"name":"Main Light 10","parent":"f3080"},"trewq":{"name":"Main Light 30","parent":"f3080"},"poiuy":{"name":"Main Light 80","parent":"f3080"},"f83d7":{"name":"Main Light 80","parent":"f3080"},"frty6":{"name":"Main Light 45","parent":"f3080"},"flktr":{"name":"Main Light 80","parent":"f3080"}},"gradients":[]},"palettes":[{"name":"Default","value":{"colors":{"f3080":{"val":"rgba(23, 23, 22, 0.7)"},"f2bba":{"val":"rgba(23, 23, 22, 0.5)","hsl_parent_dependency":{"h":60,"l":0.09,"s":0.02}},"trewq":{"val":"rgba(23, 23, 22, 0.7)","hsl_parent_dependency":{"h":60,"l":0.09,"s":0.02}},"poiuy":{"val":"rgba(23, 23, 22, 0.35)","hsl_parent_dependency":{"h":60,"l":0.09,"s":0.02}},"f83d7":{"val":"rgba(23, 23, 22, 0.4)","hsl_parent_dependency":{"h":60,"l":0.09,"s":0.02}},"frty6":{"val":"rgba(23, 23, 22, 0.2)","hsl_parent_dependency":{"h":60,"l":0.09,"s":0.02}},"flktr":{"val":"rgba(23, 23, 22, 0.8)","hsl_parent_dependency":{"h":60,"l":0.09,"s":0.02}}},"gradients":[]},"original":{"colors":{"f3080":{"val":"rgb(23, 23, 22)","hsl":{"h":60,"s":0.02,"l":0.09}},"f2bba":{"val":"rgba(23, 23, 22, 0.5)","hsl_parent_dependency":{"h":60,"s":0.02,"l":0.09,"a":0.5}},"trewq":{"val":"rgba(23, 23, 22, 0.7)","hsl_parent_dependency":{"h":60,"s":0.02,"l":0.09,"a":0.7}},"poiuy":{"val":"rgba(23, 23, 22, 0.35)","hsl_parent_dependency":{"h":60,"s":0.02,"l":0.09,"a":0.35}},"f83d7":{"val":"rgba(23, 23, 22, 0.4)","hsl_parent_dependency":{"h":60,"s":0.02,"l":0.09,"a":0.4}},"frty6":{"val":"rgba(23, 23, 22, 0.2)","hsl_parent_dependency":{"h":60,"s":0.02,"l":0.09,"a":0.2}},"flktr":{"val":"rgba(23, 23, 22, 0.8)","hsl_parent_dependency":{"h":60,"s":0.02,"l":0.09,"a":0.8}}},"gradients":[]}}]}__CONFIG_colors_palette__, Entre Institute Reviews The Ultimate Entrepreneur Blueprint. Here are the TOP 4 Underwriting Issues that Result in Automatic Declines: Here is what happens in the final two hours before your funds are wired: Are you interested in getting a very personalized and customized email response on your best funding option(s) thoroughly broken down into qualification, how it works, the numbers, Bonus expert tips and more unlike no other? We believe everyone should be able to make financial decisions with confidence. Fundwise has higher requirements you may not qualify for. She has been a financial writer and editor for over 15 years, and she has a degree in finance, as well as a master's degree in journalism and a Master of Business Administration. Read more. What happens after you register. The cry of agony when you cant reach into your savings account for funding, reaching out your friends and family without rolling your eyes, and trying to use the Banks as your last resort only to find out you get a HUGE Denied stamp on your forward! This offer is ONLY given to client who get a funding of $20k+. NOTE 2: This post is Literally Unlike anything else out there and you will have a chance to even get started with your service below - Please bookmark this post if need be as it can be a lot, but you need to see it and what others don't share with you but I will get specific, please read it thoroughly. The minimum loan term is 3 months and maximum loan term is 24 months. BONUS #6:My Full Sales Funnel Domination Course($997 Value) so you can grow and scale your business much faster and so you don't have to worry about how to use sales funnels or even create one from scratch! What if your a 1099 contractor/gig worker and need funding? Bitty. Previously, she was a financial analyst and director of finance for several public and private companies. Explore! An example for $10,000 minimum withdrawal fee at a .75% interest for 12 months (52 weeks) at a 3% draw fee (3% is most common), then: $10,300 divided by 52 weeks = $198 + Cost of capital (interest), and if the interest is at .75, then, its .75 x 100 + $198 = $273 per week youll be paying until youve fully used up your principal of $10,000. is, its an agreement to exchange your future business revenue for an upfront amount of cash advance to you immediately. there is no bitty advance scam, okay? if you get funding over $20k in funding, I'll unlock the WHOLE Course for you which is regularly priced at $2,097! Learn More Employee Retention Tax Credits (ERC) Get Up To $26,000 Per W2 Employee. He's created a health and wellness brand as well enjoys helping others learn about different marketer tools and helping people achieve an awesome life personally, physically, and professionally.