Funding Guidelines
CFP’s funding guidelines are simple. At least three of the following must be met to be considered for Commercial Funding.
Middle Market Mid Ticket
- $500K to $15MM
- Minimum 2 time in business (TIB)
- 3rd party prepared statements preferred
- Three year company and personal returns
- PG’s required on owners with 20%+
- Rates from 6% to 12%
- All structures available
- Approvals in 5-15 days
CFP Quick Turn:
- $200K to $500K
- Minimum 2 time in business (TIB)
- Most recent YE financials & tax return
- PFS & most recent personal tax return
- Rates from 8% to 14%
- All structures available
- Approvals in 1-5 days
CFP App-Only:
- $100K to $200K
- Minimum 3 time in business (TIB)
- Credit app
- 3 months of bank statements
- Dealer quote/invoice
- Rates 10%+
- Most structures available
- Approval in few hours