1-Year Profit & Loss (P&L) Loan Product

The 1-Year P&L Loan Product is a unique lending option tailored for self-employed borrowers who may not have standard documentation, such as W-2s or pay stubs, to verify income. Instead, it uses a borrower’s profit and loss statement from the past year as the primary basis for income verification. This approach ensures that self-employed individuals or business owners can access up to 80% Loan-to-Value (LTV) for property purchases or refinancing, provided they meet certain criteria like a minimum FICO score of 700.

1. Tailored for the Self-Employed 
   Traditional income verification methods often fail to capture the earning power of self-employed individuals. This loan product bridges the gap, offering a solution that aligns with entrepreneurial lifestyles and income variability.
   
   
2. High Loan-to-Value (LTV) Ratio 
   Borrow up to 80% of your property’s value, giving you the financial flexibility needed to make substantial investments or achieve your goals without excessive upfront capital.
   
   
3. Streamlined Qualification Process 
   By focusing on your 1-year P&L statement, this loan simplifies documentation requirements, allowing you to bypass the complex hurdles of traditional lending.
   
   
4. Competitive Terms for Strong Credit Profiles 
   Borrowers with a minimum FICO score of 700 receive attractive interest rates and terms, ensuring that financial stability is rewarded.

5. Ideal for a Variety of Needs 
   Whether you’re expanding your business, purchasing a home, or consolidating debts, this product is versatile enough to suit a range of financial goals.

6. No Need for Extensive Documentation 
   Unlike traditional loans, which may require several years of tax returns and additional paperwork, this product relies on your P&L statement, saving time and reducing stress.
   
   In a world where traditional lending can exclude the self-employed and entrepreneurs, the 1-Year P&L Loan Product is a breath of fresh air. With a simplified qualification process, high LTV ratio, and competitive terms, this product ensures that outdated lending practices do not hinder your financial aspirations.
   
   Take the next step toward achieving your goals and unlocking your potential. Connect with our team today to explore how this loan product can be the bridge to your next financial milestone.