THE APPLICATION 2-STEP PROCESS:
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Step 1: Use the apply button to complete a “DocuSign” application and upload business bank statements, or email (submissions@jdpcapitalcorp.com) the statements for the last 4 months.
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Step 2: We review all submitted documentation, make an offer, and disburse the advance amount.
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For more information about our loan process or if you have any issues completing your application email submissions@jdpcapital.com or call 646-238-4795
Notes about the application process: If applying online and adding a business partner, Docusign will email the other applicant to complete the application at the email address provided when starting the process. If you do not receive the application when a secondary signer is added, please contact us or start the application over.
MORE INFORMATION
MCA
Product Name: Merchant Cash Advance
Description of Product: A merchant cash advance (MCA) isn’t a loan, but rather a business cash advance based upon the credit card sales of a business.
Minimum Dollar Amount: $10,000.00
Maximum Dollar Amount: $2,500,000.00
Minimum Term: 1 Month
Maximum Term: 36 Months
Terms & Conditions: An agreement is made between the small business owner and Capital Source Now regarding the advance amount, payback amount, holdback and term of the advance. Once an agreement is made, the advance is transferred to the business’ bank account in exchange for a future percentage of credit card receipts.
ADVANCE
Product Name: Advance
Description of Product: An ACH, is a business advance based on the recent financial performance of a business and is the type of repayment tied to the advance. The terms of repayment include daily, weekly, semi-monthly, and monthly payments.
Minimum Dollar Amount: $10,000.00
Maximum Dollar Amount: $5,000,000.00
Minimum Term: 1 Month
Maximum Term: 36 Months
Terms & Conditions: An agreement is made between the small business owner and JDP Capital is transferred to the business’ bank account in exchange for a future percentage of business receivables.
LOAN
Product Name: LOAN
Description of Product: Our loan product allows business owners that may have been declined by the bank or wish not to collateralize assets to use a product that is financially engineered in repayment, approval amount, and terms like a traditional bank loan. Some our clients us this product to consolidate, payoff or cleanup their balance sheet. Processing for this loan takes up to 1 business week.
Minimum Dollar Amount: $100,000.00
Maximum Dollar Amount: $10,000,000.00
Minimum Term: 1 Month
Maximum Term: Negotiable
Terms & Conditions: The terms of this product are negotiated based on the individual business risk, time in business, FICO, accounts receivables, past business performance, debt ratio, among many other business performance ratios.
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CONSOLIDATE
Product Name: Consolidate
Description of Product: Our loan consolidation product allows business owners that may over-leveraged their business to re-calibrate the business cash-flow. We accomplish this task by paying off all positions, allowing the owner to net more capital, and reduce the cash-flow repayment by 20-45% of the current weekly and monthly payout in advances. To qualify for this product, please list all open positions on the application.
Minimum Dollar Amount: $15,000.00
Maximum Dollar Amount: $2,500,000.00
Minimum Term: 1 Month
Maximum Term: Negotiable
Terms & Conditions: The terms of this product are negotiated based on the individual business risk, time in business, FICO, accounts receivables, past business performance, debt ratio, among many other business performance ratios.
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Jason M.
Jason specializes in MCA loans. and has built relationships with numerous businesses. He has funded over $10,000,000, and still going strong. He has been our longest running MCA Specialist, and is always prepared to take on new clients.
Jennifer S.
Jennifer handles all ACH funds, doing extensive research of every client she comes in contact with, making sure she gets the best possible outcome for every business.
Erika L.
Erika deals with some of our most high income clients. These businesses turn to Erika for her expertise and ability to finance as much money as possible in the shortest amount of time.
Frank C.
If you are looking to consolidate your payments, Frank is your specialist. Consolidating up to 5 payments in a short amount of time and still funding you 100k or more in record time, Frank has your back
