Tyygr is pleased to announce the release of its new World Class Cash Advance Tool – “Tyygr Cash”. Discover how Tyygr can get you the CASH you need to help your business survive during these tough times. Get fast, easy access the funding your business needs. Don’t let your business suffer because you need capital and banks won’t help. Let Tyygr get you the money you need for your small business quickly without the typical hassles of a bank. We specialize in small business funding – helping over 10,000 businesses receive over $250 million in unsecured capital to grow, improve and expand. Tyygr has a selection of innovative financial solutions for working capital to help your business be successful.
Benefits Include:
Many business owners are turning to alternative lending options and avoiding banks and their ridiculous loan qualifications. Most online lenders are brokers that auction your application to the highest bidder leaving you with questions. Tyygr provides a simple direct answer. Tyygr appeals to today’s entrepreneurs for several reasons.
+ Fast easy application process
+ Approvals in as fast as 6 hours
+ Access to funds via ‘loan’ or ‘line’ or ‘credit’ functionality – you only use the cash you need
+ No monthly minimums
+ Merchant setup only takes a few minutes
+ Flexible Loan Requirements
+ Professional and Personal Service
+ Our Load Approvals are Fast and Secure
+ We have NO Collateral Requirements
+ We have the Lowest Borrowing Rate Guaranteed
We offer short term loans ranging from $5,000 – $2,000,000 that can cover a number of needs like renovations, inventory, storage, or perhaps new equipment to give your company the edge it needs. Tyygr is here to provide capital without the hassle.
Advantages:
+ Fast Access to Cash
+ Easy Approval Process
+ Bad Credit OK
+ Pay Loan with set Percentage of Credit Car Receipts
+ No Restrictions on using your Cash
Disadvantages:
+ Higher Fees than other Alternative loan options
+ Less flexibility to change merchant service Providers
+ Daily deduction of credit car Receipts reduces Cash Flow
How do Merchant Cash Advances Work?
Asset-Based Lines of Credit
Tyygr offers flexible working capital lines of credit supported by your accounts
receivable and inventory to ease the cash flow burden associated with these assets.
Purpose:
+ Working capital for A/R and inventory
+ Refinance existing credit line
+ High cost factoring line
Loan:
+ Amount: $250,000-$5,000,000
+ Term: 12 month to 10 years
+ Rate: Variable
+ LTV: -Up to 80% A/R
-Up to 50% Inventory
-Up to 100% of COGs
Collateral:
+ Accounts receivable
+ Inventory
Eligibility:
+ Must have commercial A/R
Tyygr Express Term Loans
When your business needs working capital to grow, Tyygr Express is the answer for loans from $20,000 to $150,000. The bottom line is, Tyygr Express brings big ideas to small business.
Purpose:
+ Working capital
+ Purchase equipment
Loan:
+ Amount: $20,000-$150,000
+ Term: Up to 10 years
+ Rate: Variable
+ LTV: Not applicable
Collateral:
+ Available lien on assets
Eligibility:
+ Owner-operated and for-profit
+ No construction/tenant
+ Improvements
+ Must have location identified