Niches

WE SPECIALIZE IN CUSTOMIZED SERVICES FOR SPECIFIC NICHE MARKETS

 

Solutions

INNOVATIVE SOLUTIONS DELIVERED TO YOUR BUSINESS

Services

PLEASE SELECT ONE OF THE FOLLOWING OPTIONS TO LEARN MORE

Rethink Your Business Loan Options

Every small business needs financing at some time, but does your finance source look at the right things when
they evaluate your application? Does making one big monthly lump sum payment regardless of your sales
cycle, work with your cash flow?

With NewLogic your approval decision will be primarily based on the history and performance of your
business. Whether your owner has fantastic or damaged personal credit – it’s your business that’s getting the loan
and your business history that should be more important in the approval process.

In addition to business-focused underwriting, your application is evaluated in hours, rather than weeks, and your
business is given choices about repayment methods and terms. This all may seem logical to you, but it’s news to
our competitors.

As you would expect, your NewLogic Business Loan has a pre-determined maturity date and set monthly
repayment amounts established to reach that date. How you choose to handle each monthly obligation is another
place where you’ll see the NewLogic difference…a difference that can be summed-up in one word: Options.

Unique Approach to Business Underwriting

NewLogic looks at small business differently. Traditional – ‘old logic’ – finance companies and banks rely
extensively on owners’ personal credit score and personal collateral. NewLogic takes a holistic approach to
creditworthiness. Instead of focusing on one or two factors, looking for a reason to say “no,” NewLogic works
to find a way to say “yes.” NewLogic uses a vast database containing millions of records and state-of-the art
modeling and scoring capabilities to create new ways to underwrite small businesses. NewLogic can approve
small businesses that old logic lenders usually decline.

Choose the Payment Plan That Works Best

Whether you prefer to have payments made through your card processor or to have them deducted from your
bank account, NewLogic offers a plan that meets the needs of your business. In either case, NewLogic helps
you avoid the burden of a large, fixed monthly payment and the strain it puts on your cash flow.

We offer two payment plans, the Processor Powered Payment Plan and the Weekday Fixed Payment Plan. Both
payment plans have their benefits. You choose which option better helps you manage your cash flow. Payments are
made through your card processor or deducted from your bank account – depending on the option you choose when the
loan is made.

Processor Powered Payment Plan

Get the money you need today and make automatic loan payments through your card processor. Each day you batch or
download your credit and debit card terminal, your processor forwards the fixed percentage we have agreed upon to
NewLogic. It’s that easy.

Many businesses told us that they didn’t want to be locked into a fixed, daily payment amount. Sounded logical, so, with
the Processor Powered Payment Plan, NewLogic allows daily loan payment amounts to ebb and flow with your card
sales.

Weekday Fixed Payment Plan

With NewLogic you not only get cash fast, you also can choose to make fixed payments each weekday, automatically
withdrawn from your bank account until the loan is repaid. You know exactly how much you will pay each weekday
without having to write one big check at the end of the month so it’s simple, dependable, and manageable.