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JTB Associates, LLC provides private equity loans to small business owners in growth mode who dont currently meet the criteria of banks and venture capitalists.
We are a full service CPA firm, and we've been operating since 1998. We recently merged with a national/international non-bank direct lender in order to provide growth capital to small businesses.
Our experience has shown us that there are very good companies that are unable to obtain financing. There are a lot of great companies out there, but through no reason of their own, that business may not meet the criteria of traditional bank financing
Roughly, we can invest a minimum $10k, to $5,000,000 per loan. (up to five loans per company) As a percentage of a companys gross receipts, we can invest approximately 10%, and up to 30% of gross sales. So for a company doing $1 million in annualized revenue, we can invest $100 $300K. If a company is looking to expand and take on bigger contracts, we typically will expand our lending criteria and provide up front funding, typically 40% of the contract, in order for the business to get started on the contract.
Our private equity loans service small business owners that are interested in growing their companies. There are no fixed repayment schedules, and we work with entrepenuers for a solution that makes sense.
Things needed for pre-approval:
Company /Owner contact info (one page application);
A short description of the company's business and industry and the planned use of funds;
Profit and Loss Statements (GM% and Net Margin %);
Number of months in business
On-line bank account read-only access, or
Companies we dont invest in:
Real Estate
Commodities;
Pure start ups; (meaning companies that do not have any committments or contracts for their product or service, and who are not up and running;
If you are in need of expansion capital,to get started, contact JTB Associates, LLC)
To get your FREE funding analysis, contact a JTB Funding Advisor!
please contact us at 312-725-6294, or info@jtbassociates.com.
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