Funding Options

SBA 7a- Is a long term, low-interest loan. This is the most common SBA program. Both new and existing businesses can use these loans. There is a variety of purposes the SBA 7a can be used for. It can be used to purchase equipment, land, buildings or to refinance debt just to name a few uses. Offered through traditional banks with down payments ranging from 10 to 50 percent. The maximum amount the SBA will guarantee is $3,750,000.

Term loans usually require two years in business, showing a profit in at least one of the last two years, a 600 minimum FICO or excellent cash flow and strength of business. Most commonly used for business expansion, improvements, working capital, equipment purchases, or consolidation of business debts.

Short term business loans are for business owners in need of fast access to capital. Much like a Merchant Cash Advance they are based on your average monthly revenues They can be used for working capital, cash flow management, payroll, or unexpected expenses etc. Typically, they require at least 4 deposits a month and generally fund in 1-4 business days.

A cash advance is a solution for business owners in need of fast access to capital. They can be used for working capital, cash flow management, payroll, or unexpected expenses etc. These financing options allow you to borrow against your credit card receivables or daily batches and fund in 1-4 business days.

A business line of credit is usually the best type of financing available for business owners. Usually requires good credit. The revolving line of credit gives you capital to draw upon as needed.

We offer starter loans to help a business grow. Starter loans usually require a strong credit

Equipment financing / leasing is more secure than an unsecured loan, due to the fact the lender has a lien on the title, much like a new automobile. Credit score above 625 or a co-signer are usually required, Equipment loans can help you get the new equipment for your business right away.

Commercial real estate loans allow you to buy, build, expand, or remodel. A commercial real estate loan must include the plans to build a structure or business project as well as a brief bio and summary of the transaction. It can also be used for a multi-family dwelling of five units or more. Commercial real estate is also a very strong piece of collateral which allows you to refinance and get cash out of your business.

Accounts receivable (A/R) financing allows you to receive capital in the event you are owed money for services completed. This can be optimal because the focus is on the business that owes the receivable, and not the company receiving the advance.

Asset-based loans may be structured as a revolving line of credit without a scheduled repayment and on an interest-only basis or a term loan with interest only payments made. Typically used for working capital, acquisition, turnaround financing, capital expenditures, growth, refinancing/restructuring or a buyout. Funds dispersed based on a percentage of a company’s assets as follows: