ESI Client Credit Line
During business cycles, cash-flows can shrink, expansions can be costly, and access to financial instruments can be limited. This leaves SMBs with fewer resources to assist with future needs.
- Provide On-Demand Access to Cash
- Simplify Business Challenges
Credit Line Details
Rapid Qualification
- No written application
- Phone Interview to review financial condition = same day approval
- No cost to obtain
- No annual renewal fees, No monthly standby fees, No hidden costs
- Good for one year with annual renewals
Qualification Factors
- Been in business for at least 3-years
- Can make payments without going cash-flow negative
- Have a payroll cycle of at least $15,000
- Credit Limit = 3 weeks of payroll
NOT a Bank Loan or Credit Line
- No collateral
- No personal guarantee
- No credit check
- No UCC filing or lien applied
- No tax returns
- No covenants
Guidelines
- Minimal requested balances on the Credit Line = $15,000
- Maximum requested balances on the Credit Line = $150,000 or approved Credit Limit
- 48-hour minimum request window
eESI along with Payroll Funding is providing a unique value-added service.
- Payroll Funding has provided cash-flow solutions to many eESI clients over the past eight years
- Payroll Funding is a 20+-year-old short-term investment arm of a generations-old family trust.
- Payroll Funding investest their own money, in turn, they can arrange fast financial commitments and are not subject to complex procedures or underwriting
Schedule a Discovery Call Today
Let’s find out if this business resource is a fit for your organization.
