Our lines of credit do not require collateral. Your assets will not be pledged and there will be no liens or UCC fillings against them. We focus on your credit history and business financials (if available) to make our decisions.
You'll need the following to qualify
Two or more years in business
Personal credit score of 650 or higher
Clean credit history (no derogatories, bankruptcies, etc)
Capital available: $688,350,000
Business Plans: 6,451
Entrepreneurs: 61,318
We got Funded:
FundingUniverse opened us up to new individuals, new investors, we wouldn't have found otherwise. There was a broad group of angels involved and represented. There was a nice mix, both informal angel groups and more seasoned sophisticated investors.
FundingUniverse put our company in front of a lot of different types of angels, got us about a dozen follow up meetings, as well as several term sheets. It was a great position to be it having to choose between competing funding offers. We have since raised close to $1 million through equity and licensing deals.
We walked away with $375,000! FundingUniverse helped us with our pitch and put us in front of the right investors to get a deal done quickly. We had 10-12 investors that were interested in our investment opportunity. It was a great experience.
Our Blog:
Online SpeedPitch Connects Entrepreneurs to Investors
Yesterday FundingUniverse held another Online SpeedPitch event. This event gives entrepreneurs from all over the country the opportunity to pitch their ideas to active investors via an online presentation. The investors can view the presentation, ask questions, and contact companies that they are interested in.
BrockBlake: RT @AlexanderLaw: Gr8t fun w/ @fundinguniverse team last nite at xmas party. Good food, funny songs & prizes! Love our team, feels like fam.