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Money Man 4 Business

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LAST UPDATED: January 4th, 2021

Houston-based Money Man 4 Business provides loan programs for midsize businesses in all U.S. states and Canada. Financing programs include business loans, business line of credit, SBA loans, invoice factoring, commercial real estate financing, and equipment financing. Other financial services include check cashing, financial advising, and cash advance. 

To qualify for and benefit from Money Man 4 Business’s business loans, a business must be a minimum of two months old, have a business bank account, and be generating income and sales in a for-profit industry. 

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Attention: Not all programs are available in all states. 

For example, the company’s 10-year simple loan is available in 30 states and additional financial services like credit business loans and merchant solutions are available only in Texas. 

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The Good

  • Process
  • SBA Loans
  • Term Business Loans
  • Additional Financing Options

Process

Money Man 4 Business appears to provide adequate support to borrowers throughout the life cycle of the loan. 

For SBA loans and other loans, the company provides you a dedicated case manager to walk you through the necessary steps like providing documentation, obtaining loan disbursement, and setting up a repayment plan. 

Once approved and signed, the company can set up automatic monthly deductions from your business checking account or via other forms of payment like ACH, check, or a cashier’s check. Money Man 4 Business reports monthly performance to the personal and business credit bureaus, which can work to your advantage as you build your business credit profile. 

SBA Loans

Money Man 4 Business has a network of lenders that are SBA-approved so it can connect you with SBA sponsored loans, which are known for their low interest rates and other favorable loan terms. Current programs include the SBA 7(a) loan program, SBA 504 loan program, and the SBA EIDL (Economic Injury Disaster Loan) reconsideration and loan program. 

Term Business Loans

There are few restrictions for how you use the popular 1–5 year term business loans with amounts up to $500,000. With a minimum credit score of 650, interest rates for these loans can start as low as 14.99 percent to 26.99 percent APR. 

Additional Financing Options

In addition to the SBA loans and term loans already described, Money Man 4 Business boasts more than 40 different loan options which include variations on the term loan, the cash out program, and the 10-year simple loan program.

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The Bad

  • Doesn’t Work with Nonprofits
  • Loans Vary by State
  • Not a Direct Lender

Doesn’t Work with Nonprofits 

Money Man 4 Business works only with for-profit entities, excluding nonprofit businesses from its loan programs. 

Loans Vary by State

Loan shoppers will probably notice that Money Man 4 Business offers different programming for different service areas. 

While the company focuses its marketing efforts on the loans and other financial services offered in Texas, the website says it provides programs in all 50 states. 

The 10-year simple loan is available in the following states:

  • Alaska
  • Arizona
  • California
  • Delaware
  • Hawaii
  • Iowa
  • Idaho
  • Illinois
  • Indiana
  • Kansas
  • Kentucky
  • Louisiana
  • Maryland
  • Maine
  • Missouri
  • Mississippi
  • North Carolina
  • Nebraska
  • New Hampshire
  • New Jersey
  • New Mexico
  • Ohio
  • Oregon
  • South Carolina
  • Utah
  • Virginia
  • Washington
  • Washington, D.C.
  • Wisconsin
  • Wyoming

Not a Direct Lender

Prospective borrowers should be aware that Money Man 4 Business is not a direct business lender, but rather an Independent Sales Organization (ISO) that markets sales underwriting programs for the various companies that actually finance the advertised loans. 

Occasionally, ISOs will make a claim that is incongruous with what the company can actually offer. Therefore, borrowers should confirm all loan offers, terms, and conditions with the lender prior to agreeing to a loan. 

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The Bottom Line

On the basis of favorable-term loan options available, Money Man 4 Business is definitely worth looking into for business loans — especially if you live in Texas, where you can take advantage of the company’s additional financial services. 

Just keep in mind that underwriting decisions are based on your bank statements and revenue-based performance, not the minimum rates advertised, and be sure to communicate directly with the lender you’re matched with to confirm loan agreement details. 

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