SCFG has created a unique program to offer to its clients looking to expand through the use of unsecured capital. We have formulated a comprehensive program through the use of industry relationships with highly motivated banking sources.

We can assist you in obtaining unsecured lines of credit up to $500,000.00 and often times more. Our programs consist of multiple banking sources typically offering increments of $50-100,000 of unsecured business capital. Some of the competitive advantages our programs offer include:

• Our programs do not require the use of tax returns, bank statements or financials.
• Our programs are often times referred to as “score driven” or “stated” loans because they require minimal or no documentation.
• Through our extensive knowledge of the often undisclosed loan guidelines, we will help you to achieve the compliance and strength the banks are looking for.
• SCFG has the ability to pre-underwrite your loan application before submission to eliminate costly errors.
• We have direct relationships with senior executives within all of our banking sources to ensure timely and reliable decisions.

Business Lines Don’t Report To Personal Credit

SCFG has strategically selected lending sources who do not report to the personal credit profiles of the corporate officers applying for the lines. This allows the officers to keep their personal credit free from business debt which helps to maintain optimal FICO scoring. This distinct separation provides many benefits and aides in the prevention of over utilized personal credit which can be damaging to a business seeking unsecured lines of credit.

Acquire Credit When You Don’t Need It

We often encourage our clients to acquire capital when they don’t need it. Simply put, we have found it to be a common occurrence that when a company is in absolute need of funding, the officer or officers of the company have already over utilized a good portion of their available personal revolving credit. This creates a problem for the application process because the FICO scoring system is primarily based on revolving utilization. High revolving utilization equals lower FICO scores which diminishes the chances of approvals. Statistically, lenders want to fund loans when consumers or businesses are not in ‘need’ of financing.

Pay as You Use

Remember, the lines we establish are lines of credit, meaning you only pay interest when you use them. Rates typically vary between Prime and Prime + 4%. Rates are subject to fluctuation pending economic conditions.