Fresh off our interview with billionaires Elena Cardone, during which she gave away a copy of her book to our viewers, we decided to focus on helping minority businesses and entrepreneurs. But these pro tips can really help any business.
So here are two ways you can find some badly-needed cash or funding for your medium-to-small business. And most of these are good for businesses of any size, no matter how big.
I mean, any business trying to ramp up in a post-Covid economy can use these tips.
Here we go, get ready to take some notes.
Here are the top two ways you can find some funding for your business.
Number 1. Brickell Capital Finance. This firm helps businesses by providing accessible, unsecured and recurring business lines of credit. It’s free to apply.
Brickell Capital Finance works with companies nationwide and they give Xizzle TV viewers a special offer of rush processing.
Interest rates start at 1.5% for one month. Longer terms range from 7.9% for 6 months to 14.99% for a year.
The minimum requirements are:
Your business has to be at least 1 year old. No non-profits.
You need a minimum FICO score of 600.
You see the full requirements on the screen now.
It’s also easy to apply.
You only need to fill out a short application and include only your last 3 months of business bank statements along with the owner’s driver’s license.
You can email email@example.com to get you started. Or visit BrickellCapitalFinance.com
Our second business tip focuses on the hot city of Miami and the Miami Bayside Foundation. It’s a non-profit and certified CDFI with the primary mission to provide easier access to funds for minority entrepreneurs in all South Florida. MBF offers and administers loan programs that provide loans to minority and women owned businesses in Miami-Dade, Broward, and Monroe Counties.
Loans are available from $5,000 to $75,000.
Minority or women-owned.
Based in South Florida.
Owned by a U.S. citizen or Lawful Resident.
For-Profit, no sole proprietorships.
You must show the loan will create new jobs.
And you must use the funds for working capital, cash flow, inventory or equipment.
If you’re a start-up or less than a year-old then the owner must put up a 20% cash match.