US Trust Business Loans and Alternative Capital Funding DBA US Trust Credit Repair LLC
US Trust Business Loans and Alternative Capital Funding, operating under the DBA US Trust Credit Repair LLC, boasts an impressive 25 years of combined experience in providing capital funding solutions.
Positioned as a go-to choice for small and medium-sized businesses, the company offers a diverse range of financial products, including business lines of credit, term loans, personal loans, and specialized funding options.
The company's unique approach sets it apart from traditional banks, promising a faster and more accessible lending process.
Top Ranked Companies
The Good
- Expertise and Comprehensive Services
- Speedy Approval and Funding Process
- Secure and Confidential Process
- Flexible Credit Programs and Support for Challenged Businesses
- Exceptional Customer Service
Expertise and Comprehensive Services
US Trust Business Loans leverages its 25 years of combined experience to offer an extensive suite of financial products. From business lines of credit to luxury loans and SBA 7(a) loans, the company caters to various business needs, showcasing a depth of financial know-how.
Speedy Approval and Funding Process
One of the standout features of US Trust is its commitment to expeditious loan processing. While traditional banks often take months, this company pledges to close and fund loans within an impressive 1-5 days. This speed can be a game-changer for businesses in need of quick capital injection.
Secure and Confidential Process
US Trust prioritizes the security and confidentiality of its clients' information. By utilizing email and DocuSign for all paperwork and contract transactions, the company ensures a safe and secure process.
The direct submission of financial information to vetted funders within US Trust's private lending community adds an extra layer of protection.
Flexible Credit Programs and Support for Challenged Businesses
Acknowledging the impact of challenges such as COVID-19, US Trust offers A to D credit programs. This demonstrates the company's commitment to assisting businesses that may have faced hardships, providing conditional loan approvals within 24 hours.
Exceptional Customer Service
The company emphasizes a personalized approach, promising that clients are never just a number. With options for after-hours and weekend appointments, as well as face-to-face or video conferencing meetings, US Trust aims to provide white-glove customer service.
The Bad
- Strict Minimum Criteria
- Limited Repayment Flexibility
- Security Requirement for Equipment Financing
Strict Minimum Criteria
While US Trust Business Loans offers a range of financial products, the minimum criteria for eligibility might be a hurdle for some businesses. Requiring four months in business, a monthly revenue of $25,000 for the last six months, and other specific conditions could limit access for newer or smaller enterprises.
Limited Repayment Flexibility
While US Trust offers various repayment types, including daily, weekly, bi-weekly, and monthly options, the duration is capped at 3-36 months. This might not align with the long-term financing needs of certain businesses.
Security Requirement for Equipment Financing
While most loan products are unsecured, it's essential to note that equipment financing and advances are secured by the equipment itself. This could be a potential drawback for businesses that prefer entirely unsecured funding.
The Bottom Line
In conclusion, US Trust Business Loans and Alternative Capital Funding present a compelling option for businesses seeking rapid and diverse capital funding solutions. The company's extensive experience, quick approval process, and commitment to client confidentiality set them apart. This company is best suited for established businesses that meet the minimum criteria and value a personalized, secure, and efficient lending experience.
However, newer or smaller businesses might find the eligibility criteria challenging. With a focus on customer service and a diverse range of financial products, US Trust is a notable player in the credit repair and business lending space.
