Business Line of Credit
The advantage of a business line of credit is that generally you are not required to use the funds until needed and you are only charged interest when it is used and as you pay the line down you also eliminate the interest charged.
A type of loan that provides a NEW business with enough upfront capital to get off the ground. We provide funding as low as $5,000 and as high as $500,000.
The U.S. Small Business Administration (SBA) is a federal agency that supports small business development and growth. This agency does not actually provide the loans. It establishes the guidelines for all SBA loans and then guarantees a portion of the loan, (in the case of default) which diminishes the risk for its lending partners.
Business Term Loan
Term loans are most appropriate for established businesses. The common uses for these types of loans are capital improvements, business expansion, working capital and equipment purchases.
Merchant Cash Advance
A cash advance is a solid option for business owners in need of fast access to capital to help grow their business. A newer or existing business might run into an opportunity or an unfortunate situation – these financing options allow you to borrow against future earnings and get funded immediately.