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Mon – Fri, 9am-5pm EST
No Start Up Funding
Minimum $15,000 in revenue / month
Apply Online
in Minutes
Decision as fast as
same day
Get funded as fast as
next day
Receive between
$25k – $25m
Plumbing Contractor in California
IT Company in Connecticut
Oilfield Services Company in Texas
Robotics Company in California
Staffing Company in NJ
Hotel Operator in Georgia
Are we a match? Check our minimum requirements.
$15k
business monthly revenue
500+
credit score
4+
months in business
Business
checking account
Our founding principles:
Honesty
Integrity
Passion
Simplicity
Professionalism
Our founding principles:
Passion
Integrity
Honesty
Simplicity
Professionalism
YM Ventures is an innovative, boutique finance company with significant financial backing that enables us to work with both small and large businesses throughout the US. With extensive expertise in dealing with private and public companies, we provide corporate entities with uncommon, tailored financing solutions.
YM Ventures is an innovative, boutique finance company with significant financial backing that enables us to work with both small and large businesses throughout the US. With extensive expertise in dealing with private and public companies, we provide corporate entities with uncommon, tailored financing solutions.
Our mission is to partner and assist our clients with both short- and long-term working capital solutions as well as the purchase, refinancing and consolidation of debt in the middle market. This includes transactions of all sizes, across a wide range of industries, and in any type or stage of business with a focus on long-term sustainable value.
Since the first transaction we completed in 2006, YM Venture’s core values have remained unchanged: putting the client’s interests first; treating every client as if they were our only client; completing projects efficiently and effectively through teamwork; being responsive to our clients’ needs; and exceeding expectations. That is why we have earned an excellent reputation for our services throughout the industry.
When you’re aiming to secure a $1 million business loan, there’s a bit more to consider:
Start by being crystal clear on why you need a big loan like this. Whether it’s for expanding your business, buying new equipment, or something else, knowing your purpose is key. Next, you need a strong business plan. This isn’t just a formality; it’s your roadmap showing how you’ll use the loan to grow and how you plan to pay it back.
Your business’s financial health is crucial. Lenders will deep-dive into your revenue, profit, existing debts, and cash flow. A healthy financial state makes you a more appealing borrower. Your personal and business credit scores are also important. A higher score can not only increase your chances of getting approved but might also get you better loan terms.
It’s a good idea to explore various lenders. Banks, credit unions, and online lenders all offer different terms and rates. Some might be more lenient or offer better deals than others. Understand the loan’s details, like interest rates, repayment terms, and any collateral requirements. For a loan this size, lenders might ask for collateral like property or equipment.
Gather all your documentation: business and personal tax returns, financial statements, bank statements, and your business plan. This can be a lot, but being prepared speeds up the process. Also, consider a down payment or offering collateral. This reduces the lender’s risk and might make your loan application stronger.
When you feel ready, apply for the business loan. Remember, $1,000,000 is not a small loan. There are substantial costs associated and it’s important to be prepared for the monthly payment. In addition, knowing that this is such a big loan it’s not easy to acquire. Depending on the lender, they are going to ask for quite a bit of information.
