Here is a comprehensive list of the national banks and regional lenders that provide business funding and credit to our members all over the country.
By using 2 to 3 of them you can easily achieve $25,000 to $50,000 in cash based funding. If you use 6 or more of them you can get up to $100,000 to $200,000
All the funding can be done online or by phone. And there are thousands of these individual bank locations all over the nation.
American Express
www.americanexpress.com 800-433-3550
Only apply for the cards that offer the monthly payment options. You need to understand that this business funding card is NOT as useful as others because it will not be accepted everywhere.
Bank of America (offers several thousand individual branch locations)
www.bankofamerica.com 888-600-4000
Offering Business lending at its best.
Capital One
http://www.capitalone.com/small-business-bankCapital One has been the best of all the business lenders. They have the fastest response time, and the highest limits offering up to $40,000. They have also offered a ZERO percent interest for the first nine months when running a special offer.
Chase Bank (offers several thousand individual branch locations)
www.chase.com 800-935-9935
Chase Bank offers a 0% APR for up to 12 months on purchases and balance transfers with no annual fee business card.
We once obtained a 3.99% interest rate for the life of the loan. This is a great resource! Call their main office if you want to complete an application for new business credit over the phone.
Citi Bank
www.citibank.com 888-382-7759
Citi Bank Business cards are now offering $50,000 business lines of credit and are actively mailing applications out automatically.
First National Bank
www.firstnational.com 888-530-3626
This bank has many excellent high limit funding programs for business, so make sure you carefully look over their website.
BMO Harris Bank
https://www4.harrisbank.com/secure 888-340-2265
Harris Bank not only serves the small businesses with business checking, loans and unsecured business credit cards but is also a commercial real estate lender offering mortgages for your business.
Key Bank
www.key.com 800-539-2968
Low monthly payments. Get prime minus 1.5%
No annual fee for the first year. No collateral required on Lines of Credit $50,000 and less
A revolving line of credit- draw up to your credit limit means you just pay funds back and use again and again at very low rates.
Mastercard Business Funding
Mastercard applied intelligence offers three great new national business line of credit cards now available to small businesses and mid-sized companies: easy savings cards, rewards cards and low APR cards.
NS Bank (can be used anywhere you live in the country)
www.nsbank.com 800-727-4743
NS Bank provides funding for business owners no matter where they live in the country.
- Business financing
- Small business loan
- Credit lines
- Term loans
- Business Equipment leasing
When visiting their website, click on the BUSINESS link and choose from:
US Bank (offers several thousand individual branch locations)
www.usbank.com 800 872 2657
You can walk into any branch location and get an application over the counter for a business credit card with up to a $30,000 limit. Take several extra applications so you can apply several time with different partners. When you open a free small business account at a branch office, you can wait a month and then apply for a $50,000 reserve line of credit on your business checking account. Be sure to fill out the application for the reserve line of credit with the same template information as any other stated application.
Be aware that approval for a reserve line of credit will require that you provide the social security number for each member with more than a 20% ownership interest. Therefore, if one of the members on the articles of organization has poor credit, you will want to designate them as only 10% members of the LLC when you apply for a reserve line of credit with US Bank.
Wells Fargo Bank (offers several thousand individual branch locations)
www.WellsFargo.com/biz 800-359-3557
They offer two types of business cards: The standard card with a no-interest grace period, and a true line of credit type of card that begins to charge interest the moment you use it. The line of credit type card has up to a $50,000 limit.
When you can prove that your business is two years old, according to the date on your articles of organization, Wells Fargo will also offer special lines of credit from $10,000 to $100,000.