Business Financing
Payclass’s platform connects businesses to capital. We use technology to accelerate the process of matching capital with business needs for funding.
We fund business loans, long term or short term, real estate financing, Letters of credit, equipment leases, asset-based loans for all types of borrowing needs. Recently we expanded our platform into international lending.
We also fund balance sheets, mergers and acquisitions, and even company sales or liquidations.
- Payclass does not charge any upfront fees.
- Payclass currently has no programs to finance any projects without Owner’s contribution / commitment.
After Seller / Borrower signs the Funding Contract / Term Sheet with the financial institutions, the Seller / Borrower will need to contribute its own money (not to Payclass) before receiving any funds.
Seller’s / Borrower’s contribution will be to pay to the Financial Institution (not Payclass) for soft-costs for Underwriting, appraisals, project validation, marketing, etc.
Seller / Borrower should assume these out-of-pocket soft costs are a contribution to its own transaction, and not a refundable deposit.
Estimates for these 3-Party costs for transactions over US$ 25 million: from a minimum of US$ 50,000 to US$ 3,000 for each $ 1 million.
Md. Shahjalal Howlader –
Great
Loretta Manolas –
Payclass was great to work with.