If you need a business loan, or require an equity investor, Diversified Alliance Funding is here to assist you. We have an extensive number of Funders/Investors, and have experience assisting businesses expand. Most of our loan requests come from small businesses that have had difficulty obtaining financing from conventional banks.

A negative mark on your credit rating does not mean that you are automatically disqualified for a loan. Also, a prior year's loss may disqualify you from conventional financing. We look to the reasons which caused the loss and evaluate whether or not the business can be profitable going forward.

If you think you don't qualify for a business loan or your credit is seriously damaged you may check our Credit Card Cash Advance program, that is an excellent alternative to the strict and stringent requirements for traditional bank financing.

Have you ever thought about possibility of getting a loan against Stocks? If the answer is YES, then check our Loans against Stock program.

Diversified Alliance Funding will help you through the loan application process and pre-qualify your loan application over the telephone and answer any questions you may have. If you pre-qualify we may conduct a site visit at your place of business. We will generate a Term Sheet outlining all of the terms and conditions of your loan request. If approved the loan will be assigned to an attorney for closing.

We look at three key criteria when evaluating a loan request

Cash Flow - Oftentimes our loan applicants have experienced prior losses and have therefore been disqualified from conventional financing. However, we believe it is future cash flow which ultimately determines a businesses ability to repay its debts. We have helped numerous businesses in turnaround situations become successful.
Collateral - We generally like to finance owner-occupied businesses. We are able to provide long-term financing for real estate and other fixed assets such as machinery and equipment. If a business needs more inventory and working capital, we can incorporate it into the loan package so that the business only has one monthly loan payment.
Management - Ultimately it is management's ability which determines the success of a business. We look to management's experience, decision making, and commitment when evaluating a loan application.

Term

Flexible loan term up to several years or more.

Prepayment

Loans may be repaid at any time without penalty.

Use of Proceeds

Loans are made for business purposes only.

Acquire owner-occupied commercial real estate
New construction or renovation to owner-occupied commercial real estate
Purchase machinery and equipment
Purchase inventory
Refinance existing business debt
Acquire an existing business
Working capital (including closing costs)

Loan to Value

Loan amounts can be up to 50-75% of the market value of the collateral, based on the estimated cash sale price given a 90-120 day marketing time. If the loan is used for renovation or construction, the loan amount can be based on the improved value, and would be disbursed in stages.

Rates

Rates vary from 12-18% per annum, interest only, depending upon collateral and loan structure. Internationally, rates vary from 12-21%, depending on country.

Equity

In lieu of equity participation, a fee of 4% (U.S. only) of the loan amount may be included in the loan. Minimum of 10% project equity required.

Loan Size

From $250,000 to $300 Million nationally. Must be at least $3 Million for international loans.
In Connecticut, Massachusetts and Rhode Island sometimes we can obtain loans as low as $75,000. In this case Loan Maturity is from 10 to 25 years (no balloon payments) and Interest Rate is Prime Rate plus 2.00% - 2.75% (variable).

Collateral

Real estate and other fixed or liquid assets (business and personal).

Types of Businesses

Hotels/Motels
Restaurants/Banquet Facilities
Gas Stations/Convenience Stores
Manufacturers/Distributors
Day Care Centers
Auto Repair Facilities
Car Washes
Medical/Veterinary Facilities
Franchise Businesses
Contractors
Other SBA Eligible Businesses

Fees

Packaging fee required at time of loan application
Appraisals on real estate and equipment
Environmental reports on commercial real estate
SBA guarantee fee (payable at loan closing from working capital)
Construction monitoring fee (construction loans only)
Legal fee for loan closing

Personal History

No criminal record (owners will be required to sign a personal history statement)
US citizen or registered alien (INS verification required)
Prior three years personal tax returns required
Must be current on child support

Fill in Loan Pre-Application Sheet and fax or e-mail it to us for a quick answer.