Frequently Asked Questions

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 You get cheaper access to the same money by cutting out 3rd party brokers that will up sell your product and tack on unwanted fees! 

 Nova Leverage uses a proprietary scoring model to determine your  business’s health. The model inputs your information, business cash flow, recent bank statements and other data.  

Banks typically take 4-12 months to approve a business loan and their approval criteria is much more complicated. A bank will give you a secure loan- requiring you to tie up your assets in order to secure the funds. Furthermore, banks will typically put a restriction on the kind of financing they will give you and what it can be used for. The funds we provide have no restrictions whatsoever.

You can typically qualify for up to 200% of your monthly Business gross revenue

Nova Leverage can fund more businesses with low credit. We have implemented simpler and effective techniques, Lenient approval requirements giving us an edge over competitors. We offer variety of funding options for Businesses with low credit scores. From as little as $3,000 to up to $500,000.  

If  you have any existing debt, tax liens, negative days, or judgments we  are still willing to work with you. We fund all industries.  Don't let your doubts hold you back from getting an approval with Nova Leverage.

Bank Interest rates compound over time. For example, a $150,000 loan over 30 years at 3% sounds pretty low up front. However, if you do the math, you actually wind up paying over $77,666.18 in interest and that does not include fees or extra tuck in charges. That's more then 50% of the money. That's why banks make more money then any other financial institution.

Factor rates on the other hand do not compound, and can actually get lower based on the type of deal. For example, a $100,000 loan over 2 years at a 1.12 cost only $12,000 in interest, and that's before any prepayment savings or waived interest for a refinance.

YES, as you are paying down on existing Business loans we can help you get qualified for 2nd, 3rd, 4th and even 5th position.

YES, Simply apply and let our Funding Specialists help you save!  We provide the most flexible consolidation program in the industry paying off any type of debt you  may have and discounts on early payoff. 

CREDIT IS YOUR LEAST CONCERN

Banks look at your credit and asset value more than the performance of your business when it comes to approvals. Most unsecured loans are based on the performance of the business rather than credit

TAKE MONEY EVERY QUARTER

Use your business as an asset, and invest in various ways to create more streams of revenue.

NOTHING TO PUT UP AS SECURITY

Most banks will want you to put up your assets as collateral. With an unsecured loan you do not have to leverage any of your assets to secure funds. Keep your personal finances separate and secure.

INSTANT APPROVAL

The approval and funding process can be complete in as little as 24-48 hours, as there are no assets to evaluate. Banks and secured loans generally take a minimum of 4-12 months just for an approval.

TAX WRITE OFFS

Most of the interest on an unsecured loan can be written off. Be sure to have a diligent accountant, or inquire with an advisor on how to save big each quarter.

USE FUNDS AS YOU PREFER

You can use the funds for various purposes, like an investment, or to catch up on personal taxes.

Stipulations Needed: Last 3 months Business Bank Statements along with one page application containing basic information about the  Business and the owner. Click here