Realty411 Magazine Featuring Patty Arvielo - New American Funding | Page 21

ULOC: Unsecured Lines of
Credit for Entrepreneurs
T
BY DANA BERSCH
his is a great time to be in the house-flip-
ping business. The number of investors
who flipped a house in the first nine months
of 2016 reached the highest level since
2007. About one-third of the deals were financed
with debt, a percentage not seen in eight years.
Investors are making an average profit of about
$61,000 on each flip, up from about $19,000 at the
bottom of the market in 2009, according to hous-
ing research firm ATTOM Data Solutions, which
is the parent company of the real estate website
RealtyTrac. The calculation measures the differ-
ence between the housing value when an investor
purchases the home and when it is sold.
There is a constantly moving “conveyor belt” of
opportunities in front of today’s business owners,
entrepreneurs, and real estate investors. The catch
is that “you need the money to take advantage of
those opportunities, and good deals simply won’t
wait for you to find the money.”
THE BIGGEST PROBLEM YOU FACE TODAY
The most pressing issue on the current land-
scape isn’t a lack of deals; the biggest problem
facing business owners today is a lack of access to
capital.
The data shows that most businesses fail
because they just run short of cash. They can no
longer pay the bills, push out great marketing, or
seize the best opportunities. Some fail because
they don’t appreciate their need for funding, or how
much they need. Others are stuck with rigid fund-
The data shows that most
businesses fail because they
just run short of cash. They can
no longer pay the bills, push
out great marketing, or seize
the best opportunities.
Realty411Guide.com

ing sources and arrangements that don’t serve
them well, or simply haven’t found an attractive
source of financing. Ultimately the main source of
failure is all about the money.
I know the challenges these entrepreneurs face
well. As a business owner for more than 30 years,
I understand the pitfalls small businesses have in
having access to capital, which is critical for their
success. Before I started Stonebridge Capital in
2006 I was involved in several industries, includ-
ing manufacturing, healthcare, restaurants, real
estate, oil and gas investments, and entertain-
ment.
Over the last decade the Stonebridge team has
been working with hundreds of entrepreneurs,
investors, and business owners to help them rec-
ognize their need for additional capital, position
themselves to obtain the best funding, and obtain
generous lines of credit.
THE UNSECURED LINE OF
CREDIT ADVANTAGE
Stonebridge Capital specializes in provid-
ing business and personal lines of credit from
$10,000 to $150,000. The two most often asked
questions I receive are:
1. What determines how much funding a
borrower will qualify for? We work with a
pre-approval calculator, with algorithms based off
banking qualifications, for predetermined approval
amounts. The pre-approval calculator analyzes
customer’s three bureau credit reports, which we
“soft pull”. In a matter of minutes after you enter
the website and order your credit reports, you will
be emailed your pre-approval with the amount
of funding you qualify for — all within minutes of
ordering the reports.
2. How is one’s credit affected by the lines
of credit? Obtaining new credit lines does not
necessarily affect someone’s credit; it may even
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