We’ll Find The Cash You Need
Goats are tenacious and so are we. That’s why our company is called Goat Tree Funding.
When it comes to locating the right source of cash for your business, we have the right partners to get the job done. When you work with GTF you don’t have to suffer through the weeks or months of waiting traditional bank lenders put you through only to end up denying your application anyway.
The fact is, even if you have marginal credit, we can find you the start up funding, working capital or receivables financing you need. You can now stop searching. We’ll get you funded in as little as 3 days!
Tell Us Your Funding Needs
We’ll Find a Lending Source
We’ll Put You in Contact
Get Your Account Funded
FREQUENTLY ASKED QUESTIONS
If you have questions here are some of our most frequently asked questions…
HOW DOES THIS WORK?
Our loan application is very simple! While the specific requirements are dependent on the specific type of loan program, all we typically need is an easy one-page application with the last four months of your business credit card processing and bank statements. Once we receive the application and statements, we will have an underwriter contact you to discuss the types and amounts of business funding you would qualify for and what the cost will be. We can usually get our clients funded in as quickly as 3-5 days, so the sooner we receive your complete loan application package, the faster we are able to get you funded.
HOW MUCH CAN I QUALIFY FOR?
The amount of the loan you may qualify for is very dependent on the specific type of loan program and the strength of the application package being presented; however, with a revenue based loan we can usually secure approximately 9-14% of gross annual sales or about 80-100% of monthly gross deposits for our clients, and sometimes more if the business scores really well. Because this is a revenue based loan, it would be unsecured and the business can qualify even if the owner has a low credit score. Approvals on revenue based loans such as a merchant cash advance happen very quickly and with very little paperwork required.
CAN'T I GET BETTER RATES AT A BANK?
We are competitive with bank rates and terms for borrowers with similar loan qualifications. However, many businesses will not have the collateral, credit score, financial history, or want to put up the personal guarantee required to qualify for a bank term loan. And, the reason for the low rates is that the lender’s risk is minimized by the collateral and personal guarantee. That’s why offer many other alternatives, like Revenue Based Loans and Merchant Cash Advance where no collateral or personal guarantee is required which makes qualification much easier and less risk for the borrower, but the risk is higher for the lender resulting in a higher cost to use the funds.
DO YOU CHECK MY PERSONAL CREDIT HISTORY?
For most small businesses, the owner’s credit history does help in the evaluation process; however, in most cases this will be a “soft pull” (to ensure no tax liens, etc.) so your credit score will not be affected. Our lenders use a “business-friendly scoring model” that takes our clients’ business history into account and not just the credit score. So, if the business can demonstrate revenues, they can usually qualify regardless of credit score. So, while these are not credit driven products, it does help in getting the client more money and better rates/terms. Our lenders are really looking at the business history.
HOW LONG DOES IT TAKE TO GET FUNDED?
While some specific loan programs such as the SBA Loans involve more paperwork and take more time, we have revenue based business loans that are unsecured, require minimal paperwork, and can put money in a businesses bank account in as quickly as 3-5 business days.
HOW CAN I USE THE FUNDS?
You can use the funds for any legitimate business purpose including inventory acquisition, facility expansion, buying or leasing equipment, hiring additional employees, launching a marketing campaign, and general working capital.
Ready For Funding?
Click the button to tell us how much you need.