INDUSTRY TYPE
We lend to more than just restaurants. Over the years, we've expanded our list of approved industries. Click here to see the list.
CREDIT SCORE
You don't need perfect credit to qualify for the Revolving Line of Credit. Business owners with a credit score of 551 are qualified.
TIME IN BUSINESS
Applicant must own the business. The business must be open and operating under the same ownership for at least six (6) months.
ANNUAL SALES
Your business must generate at least $17,000 in monthly sales ($200,000 annually) from credit cards and cash.
The Lines of Credit provide larger amount than Merchant Cash Advances:
You can now borrow up to $1,000,000 on 36-month (3 years) terms to finance your big projects.
Our average loan size is six (6x) times that of a merchant cash advance.
Our repayment terms are three (3x) times longer.
The max loan term is up to 3 years (36 months) with fixed payments.
A revolving period of up to 1 year (52 weeks).
Unlimited draws of $5,000 or more during the revolving period*
Unlimited principal paydown of $5,000 or more during the revolving period.
Every payment made and partial principal paydown frees up line availability.
Pay off or pay down your line of credit without penalty.
MAX APPROVALS
A Line of Credit gives you access to maximum approval of up to $1,000,000, and you only have to take a minimum initial loan amount of $5,000.
MAX REPAYMENT TERMS
A Line of Credit also gives you access to the maximum loan amortization term of up to 36 months, resulting in low, fixed payments.
UNLIMITED DRAWS & PAYDOWNS
During your revolving period, you have the freedom to take unlimited draws or make unlimited partial principal pay downs of $5,000 or more.
LINE AVAILABILITY
Every regular loan payment you make or partial principal paydown frees up the available funds you can access on your line of credit.
PAY OFF ANYTIME
With Bankroll, you’re in control. You can pay off your loan or make partial principal paydowns without penalties, maintenance fees or prepayment fees.
WHY APPLY?
Reasons to Fund Your Business.
Your people are your greatest asset. Being able to hire on the spot and offer a competitive package will attract the best talent.
A business's infrastructure will eventually need repairs or upgrades. Line of Credit prevents workplace interruptions and increases general productivity.
The best businesses always look for new ways to expand and grow as the market allows. Expanding means leasing deposits and office equipment; a Line of Credit can provide the cash on hand.
Business equipment plays a crucial role in its success. Therefore, replacing critical parts and purchasing new equipment is required to keep your edge.
What Our Client Say.
We appreciated the choices. Lease or cash loan. The funding provided a another used truck so time was important. Thanks for getting it done fast.
-Aaron and Tamara-
Obtaining funding for an Airbnb business has always been a challenge for me. Richard and his team took care of it. Who in the world lends money based on only three statements?
-Braun-
Richard was good to work with. His help on the phone made it all happen, as we had to work around being on the road 24/7 and needing to have our paperwork available.
-Rose and David-
Our forth loan with Richard and his team. Smooth as always. We will be back.
-Tuan-
Our credit suffered when our customers failed to pay our contracts on time. IMSFUND provided us with funds to tide us over. Our credit issues did not stop them.
-Maria-
About Us
IMS FUND is a team of experienced lenders committed to helping businesses overcome challenges and seize opportunities. We provide the funds to meet your needs.
We recognize that our clients are much more than just a credit score. So, we have established partnerships with the most creative and aggressive lenders to serve YOU.
We provide various user-friendly online application processes backed by our exceptional customer service team. Our edge is that multiple lenders can review your request simultaneously to provide you with choices quickly and efficiently.
Our commitment to our clients extends beyond just securing funds. We are here to help you every step of the way and provide solutions for all funding needs that banks cannot provide.
Partner with IMS FUND today.
