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