Bank Statement – P&L/Balance Sheet Financing
In business? Write off a majority of your income? If you don’t qualify for standard financing, a Bank Statement or P&L/Balance Sheet loan may be the answer. Rates are higher than standard loans but lower than hard money.
- Cash Out for repairs, upgrades or other projects
- Purchase money, based on what you earn, not what you spend
- Bank Statement programs – using 12 and 24 months of statements
- P&L and Balance Sheet – to allow your company to qualify