Business Financing Programs
We offer an extensive range of business financing programs, from short term to long term financing. With no impact to your credit on many of our products, quick application process with no obligation and same day next day financing.
Working Capital (ACH & MCA)
Working capital works in the favor of day-to-day business needs. They’re great for short-term repayment plans and smaller loan amounts. All business owners need capital to keep things running smoothly throughout the year which this capital can provide. It’s important to understand the different types of financing there are to ensure that you’re getting the right one for your business.
Lines of Credit
Business lines of credit are similar to credit cards in that they have a limited amount that may be utilized and that amount reverts to being accessible after the card is paid off. The difference is that this is done on a much bigger scale, making it more suitable for major purchases and cash flows in small businesses. A business line of credit works like this: your company is authorized to spend up to a certain amount. You may keep buying and paying off as if it were a credit card as long as you repay enough to stay inside the limit.
Term Loans
Term loans might assist you in taking your company to the next level. They can help your business and capital grow significantly. Each step of the way, it’s critical to grasp the terms of how they work and how they affect your business. A term loan is a lump sum payment with a set repayment period, similar to a regular loan. You’ll be able to pay it off faster because it’s a shortened version of a loan, lasting 3 through 36 months.
Equipment Loans
Equipment financing allows to only finance the machinery and equipment needed for the project. By financing your equipment with outside funding, cash flow can remain smooth without working capital or growth capital taking a major hit. Debt is a necessary part of growth in the economy. With more and more industries utilizing alternative funding, it’s important to capitalize on growth opportunities and stay competitive against other businesses.
SBA Financing
SBA loans provide small businesses with working funds backed up by future bank and credit card deposits. As tempting as it can be, an SBA loan may not be the right solution for your business. It’s easy to obtain from a certain standpoint, the underlying truth is that loan approval is based heavily on annual earnings and credit scores.
With a high credit score and a good cash flow for your business, you’re more inclined to receive better offers. If you don’t meet the lender’s requirements, seeking other alternatives maybe your best option.
Pre-Qualify NOW!
Easy Preapproval if you can answer YES to the following questions your qualified.
1) Do you have a business registered with the SOS?
2) Do you have a business Bank Account with 3 months bank statements?
3) Do you have an average monthly deposits/revenue of $5,000?
4) Is your credit score over 500?
5) Do you need financing?
If you answered YES to all five questions, then your pre-approved! Congratulations! Click on the link below to start your application. No impact to your credit and no obligation. Once the application is completed, we will reach out to you to discuss options and get you the financing that you deserve.
Have a Blessed Day!
