Business Consultation
Everstream Capital provides business consultation on financial matters related to business loans.
Everstream Capital works with start-ups and mature businesses. A business is considered “start-up” until it has filed at least two complete business tax returns or Schedule C’s (if filing within a 1040). Mature businesses fall into the category of small business or middle market. A business that generates gross revenue less than $5 million annually is considered a small business. Our finance sources enable Everstream Capital to assist all business types with business loans. Everstream Capital is industry neutral.
Our business finance consultation can assist with business expansion, partnership buy-out, owner- occupied property purchase or improvements, equipment purchase, working capital, business turnaround, and debt refinance.
Keep in mind that most credit facilities will require the entrepreneur’s personal guaranty.
Everstream Capital does not work with entrepreneurs requiring only non-recourse options.
New Business Start-Up
A) Government Guaranteed Programs:
The entrepreneur must be able to produce the following:
- A minimum of 15% to 30% cash liquidity of the expected finance amount requested
- Entrepreneurs engaging in a new start-up must prove direct industry experience
- Must be a for-profit business
- At least 51% or more ownership must be held by U.S citizens or resident aliens (green cardholders)
- Present a business plan with 5-year projections
- Minimum 640 credit score with all major credit reporting bureaus
- Finance request must be at least $250,000 to $5 million
B) Alternative Business Start-up Finance Solutions:
The entrepreneur must be able to produce the following:
- 3 months of business bank statements showing $25,000 or greater gross revenue without overdrafts or NSF occurrences
- Must be an entity such as a corporation, LLC, partnership, S or C corp.
- YTD balance sheet and Profit & Loss showing positive net operating income
- Accounts Receivable aging report if a business-to-business company
- 550 FICO score or greater
- Finance request must be between $25,000 to $500,000
Mature Businesses
A) Bank Conventional and/or Bank-Government Guarantee Programs
The entrepreneur must be able to produce the following:
- 3 years of tax returns showing taxable profitability
- Personal Financial Statement showing cash liquidity of 15% to 30% of the requested finance amount requested.
- EOY Balance Sheet and Profit & Loss showing positive net operating income
- YTD Balance Sheet and Profit & Loss showing positive net operating income
- 3 months of business bank statements of $25,000 or more monthly
- Minimum 640 credit score with all major credit reporting bureaus
- No credit impairment issues like bankruptcy, foreclosure, tax lien judgments
- Finance request $500,000 to $250 million (larger amounts reviewed on a case-by-case basis)
B) Short-Term Finance Solutions
The entrepreneur must be able to produce the following:
- Monthly bank statement revenues of $25,000 or greater
- Minimum credit score of 550 or greater
- No federal or state tax lien issues
- Unencumbered accounts receivables
- Finance request must be between $25,000 to $500,000