JB Finance Capital provides services in the following areas
JBFC offers subscription services, each of which is explained in more detail below. Further product, subscription and services descriptions are provided through the Site and are made a part of this Agreement by reference.
What do we Offer?
The Standard Membership Plan activates when you complete your profile on the Site. There is no charge for this membership and may provide you with various funder matches.
Offering the Best of Asset Management, Risk Assessment, Capital Formation and Accounting Services
Revenue Based Financing/Merchant Cash Advance
An unsecured revenue based capital or Merchant Cash Advance is the most common form of business financing. They are the easiest to qualify for and can usually be funded in a matter of 2-3 days from the time of application. No collateral or assets are required and challenging credit is not an obstacle to funding. JBFC works with dozens of private lenders that offer anywhere from $5,000 – $500,000. The terms can range from 3-36 months, depending on the borrowers unique situation.
Asset Based Financing
Asset based capital is secured by an asset, such as property, vehicles, and equipment. The structure of the capital is the same as the unsecured capital mentioned above, but is backed by collateral. In the simplest meaning, asset-based lending is any kind of lending secured by an asset. More commonly however, the phrase is used to describe lending to business and large corporations using assets not normally used in other advances. Typically, these advances are tied to inventory, accounts receivable, machinery and equipment. The rates are generally lower than unsecured capital and can range from 6-18 months. situation.
Hard Money Advances
A hard money advance is a specific type of asset-based financing through which a borrower receives funds secured by the value of a parcel of real estate. Interest rates are typically higher than conventional commercial or residential property advance because of the higher risk taken by the lender. Most hard money advances are used for projects lasting from a few months to a couple of years. This option can be used to borrow against a property currently owned by the borrower or a property that is looking to be purchased. Rates will vary and terms usually run from 12-18 months
Equipment Leasing
Leasing is a process by which a firm can obtain the use of a certain fixed assets for which it must pay a series of contractual, periodic, tax deductible payments. Similar to a car lease, it is a lease to purchase option. This is a great option for many businesses that require the use of machinery, large trucks, and construction or office equipment. Rates can range and terms usually run for 2-4 years. Once paid off, the equipment is wholly owned by the borrower.
Factoring Receivables
Factoring is a financial transaction in which a business sells its accounts receivable (i.e., invoices) to a third party (called a factor) at a discount. This is generally used as a short bridge advance. The advance is for work or deliverables that have already been completed or delivered.
Long Term Loans
Long-term loans are available in a range of different amounts, but the amounts vary according to which lender you use. Online lenders lend as little as $5,000, but if you go through a bank or financial institution, it’s difficult to get such small amounts. Banks must do the same amount of work to underwrite and process a smaller loan or a larger loan. So it’s a lot more profitable for the bank to issue the larger loan, leaving banks with a preference for loans over $250,000. If you need less money than it, you can go through an online lender
Line of credit (Personal and business)
Personal lines of credit are unsecured, which means you don’t need to offer collateral to protect the lender if you default, hat makes it different from home equity lines of credit (HELOCs), which are secured by the equity in your home. Since risk is a key facet of lending, interest on a LOC will almost certainly be higher than on a HELOC. Therefore, it’s crucial to convince the lender that you are a good risk. Never having defaulted on a loan, or not having defaulted in years, helps. Having a high credit score also demonstrates creditworthiness. You should also let the lender know about all sources of income and your savings, which can help establish you as a good risk.
