Frequently Asked Questions
Check to see if any questions you may have are common among our clients, that way you get the information you're looking for in no time at all!
Can you summarize exactly what TJ Funding does?
We specialize in looking over businesses and determining the best way to increase overall margins using our access to substantial capital.
Will applying for a financing quote effect ones credit?
No, for businesses organized as a limited liability company or corporation, we do not perform a hard credit pull at any point in our process, which means your credit score will not be impacted.
What documents does one need to provide to begin exploring options?
We require a brief application to verify both business & owner legitimacy as well as the four most recent business bank statements to confirm business activity.
What is the typical loan size for our private programs?
For private programs we typically see utilization up to 80% of our clients average monthly revenue.
Is it a problem is if already have an existing loan?
Most times no it's not. Our objective is to assist based on each clients individual scenario, so an existing loan is just a part of your unique scenario. Often times it actually helps show loan competency.
What if I am interested in multiple financing options?
That's fine, our programs differ in requirements and underwriting process, meaning aiming for more than one option won't interfere with each other.
How do I know if i'd be a good fit without waiting?
Simply tell us which program you're looking into and we'll tell you the guidelines, so before even applying you know if you're. good fit or not.
How long do our underwriting process take?
It varies with each financing option, but with such a wide range of options, we can always meet your specific timeframe.
Related to FAQ
Industry Leading Utilization
We secured our client's software company averaging around $275,000 a month in revenue, over $520,000 in financing!