Business Financing Loan Options
Whether you’re looking to grow, maintain daily operations, or build yourself a cash flow safety net to manage the unexpected, we can help you.
0% Business Credit Cards
You can use this method to get zero interest loans for your business that typically have between 6-18 months repayment periods, and the best part is that you only need to repay the amounts that you actually use. Once these cards are paid, you can reuse them over and over again with the same credit limit or you can unlock even higher limits.
Merchant Cash Advance
A merchant cash advance, also called an MCA loan, provides alternative financing to a traditional business loan. Merchant cash advances are best for small businesses that need capital immediately to cover cash-flow shortages or short-term expenses.
Short Term Business Loans
Short-term business loans provide quick access to funds for filling cash flow gaps, working capital, or emergency expenses within a business. They typically have 3 to 18 months repayment periods, with payments made automatically daily, weekly or bi-weekly.
Long Term Business Loans
Term loan is a common form of long term business funding. You get a lump some of cash upfront to invest in your business and repay with interest over a predetermined time period. Best for businesses looking to expand that have good credit and strong business revenue. Offers fast funding typically within 2 days to a week.
Invoice Factoring
Working capital when your business has unpaid customer invoices that you can’t wait to be paid. You can use invoices to get cash now. Best for businesses with unpaid invoices that need fast funding which is easier to get approved for compared to other similar options.
Business Lines Of Credit
A business line of credit lets a business borrow up to a certain amount & will only charge interest on the amount borrowed. A line of credit is unlike a traditional loan, where you’d be given a lump sum of money that you’d pay back with interest.
Equipment Financing Loan
Equipment financing refers to a loan to purchase business-related equipment, such as a restaurant oven, vehicle, etc. When you take out an equipment financing loan, you’ll need to make periodic payments that include interest and principal over a fixed term.
Invoice Financing
Invoice financing, also known as accounts receivable financing, allows businesses to borrow money against the amounts due from customers and helps businesses improve cash flow, pay employees and suppliers, and reinvest in operations and growth.
SBA Loans
These loans are guaranteed by the Small Business Administration because of this they offer some of the lowest rates on the market as well as long repayment terms and the ability to borrow up to $5 million. Repayment ranges from 7- 25 years. SBA loans are best for strong credit borrowers who have been operating for 2 years and are willing to work on the long application process to expand their business or refinance debt.