NCC STARTUP FUNDING
What:
NCC offers two funding options for startups that allow them to get more funding for certain
startups compared to other lenders. One option is a Startup line of credit program with personal
credit cards. The other is a personal term loan program.
Why:
One of the only options available to startups. 0% interest for a long duration. Minimal paperwork.
Who’s Eligible:
Must have 700+ credit. Have a minimum $50k per year W-2 income verified with 2 years of tax
returns. – Credit age must be longer than one year. Have mortgage on credit,
No recent missed payments, no new credit accounts within the last 3 months. No more than 3
inquiries in last 6 months
Who is not:
Clients with major derogatory information on their credit or clients that have less than 700
credit scores. Or clients that don’t have W-2 Income but still have 700+ credit may be a better fit
for Torro
Documents Needed:
Tri-Merged credit report from MyScoreIQ
2 years of Tax returns
