Frequently Asked Questions
What primary services do you offer?
Please visit our PRODUCTS page to learn about the different financial products RWMS and its partners have to offer you. Our primary service is to be loan brokers offering you the opportunity to go through a free no obligation pre-qualifying funding package that can determine what products work best for your business and what amount you may qualify for. We can assist you by getting your pre-qualifying application package together, for the best possible results IF you are ready to be funded ASAP. For a rate/fee we can offer you business advice and provide you with merchant services to best assist your business' improvement (like fixing your credit). This will be helpful in improving your chances for better terms and higher amounts of financing. You can contact us for more information. Visit our contact us page or go to our social media where you can DM us or send us an email.
Which industries do you service?
We provide merchant services and financial products for a wide variety of industries and SMB businesses. Although, please be advised that some lenders will not work with vehicle vendors (sales and dealerships). Even if you are a vehicle vendor, you can still contact us, if you pre-qualify under certain thresholds and have your paperwork together some lenders will consider your business, but it will have to pass a higher threshold than it is usual for other businesses. Spas, beauty industry businesses and cannabis industry business [CBD/Hemp] (and others) fall under a certain higher than usual threshold for lending (please CONTACT US for more information). We do far more easy going lending brokering business with trucking/transportation and logistic, restaurants, retail (brick and mortar and online -Amazon retailers-), healthcare/medical, construction/contractors, landscaping, home improvement (services and products), farming/agriculture, technology, travel, e-commerce, manufacturing and many other industries over very minimum thresholds or qualifications. We do equipment financing, not only for restaurants, manufacturing and construction, but also for the medical/healthcare industry and agriculture. Speak with a business advisor today in order to assess your business with a free no obligation underwriting analysis and get you funded.
What can I use the funds for?
For certain products like SBAs there is a very pre-determined use for the funds provided, with other products like (Working Capital) Merchant Cash Advances you can use the funds for anything you want or need as long as you are taking in sales from your business in order to pay it back, you can use the funds for whatever you like (even personal use). These are general examples of what you can use the funds for: working capital, inventory, material purchases, payroll/hiring, expansions, equipment purchases or repairs. This is by no means an exhaustive list.
What are the minimum requirements for qualification?
In order to pre-qualify for the fastest lending product available, you need to be a small business owner or operator that has been in the business for 6 months (established through SOS) , have an open and active business bank account in which $10K minimum is being deposited monthly or a $120K minimum annual gross revenue. In some instances FICO scores are considered, however for many of our products no FICO or low credit scores are ok. If you are ready to be funded ASAP, speak with a business advisor in order to know how you can pre-qualify for the best product that works for you. You can also visit our Products page as it has that information for you to review at leisure.
Are you licensed?
Lenders are properly licensed in order to provide you with the funds you need for your business. Most states in the USA does not require loan brokers (that do not deal with mortgages) to be licensed.
Could you tell me how this works?
Absolutely. Contact us to pre-qualify and learn more about your options. If you pre-qualify and are serious to be funded ASAP, you will go through a free no obligation underwriting analysis. Depending on your level of preparedness in getting us the necessary documents for the lending product you want/works best for you (you can review our Products page for information on our best lending products' qualifications), you can go through the underwriting analysis rather swiftly and be given an offer amount for the loan as well as the conditions and rates. If you accept the best offer(s) we have for you, your business and your business' needs, you can be funded on the same day or within a business week for many of the lending products available. Note: Some products may take longer to fund as they may require more extensive documentation and underwriting analysis of your business.
Se comunican en Español?
Sí, nos podemos comunicar en Español. Si desea comunicarse en Español vaya a nuestras redes sociales déjenos un mensaje por favor. Les responderemos lo mas pronto posible. Mire en la esquina abajo y cliquea en la red social que usted usa.