TEXIT Business Credit offers 3 different Programs for Working Capital. They are named appropriately as our “Starter MCA”, “Primary Capital” and “Premier Capital”.
Our Starter Program is for the business who is new to the scene or for an owner going through some credit challenges. As long as you have been in business for over 3 months and are depositing in excess of $7,000 per month and are not currently going through a BK, it’s very likely you will qualify for a Starter MCA Loan.
Our Primary Capital Program is for the business who has made it through the treacherous first 12 months of being in business and i still standing and positioned to grow, which means they need working capital to feed their growth. The main qualifiers to graduate into Primary Capital is 12 Months in business and $15,000+ in gross monthly revenue. This level of Working Capital provides longer terms and better rates on the money being borrowed, which gives our clients greater flexibility and an appetite for larger opportunities.
TEXIT Business Credit offers our Premier Capital Program to those businesses who have taken things to another level and kept it going. Membership has its privileges and when you’ve reached our Premier Capital Level, it’s time to look at all opportunities that come your way, because you basically have access to extremely fast and cheap capital at the snap of your fingers. This is the level where credit score and bank account responsibility are key qualifiers, as the terms and approval amounts are extremely liberal.