Funding Options
Equipment Financing
An equipment lease agreement is a contractual arrangement in which the lessor, who owns the equipment, allows the lessee to use it for a specified period in exchange for periodic payments.
Oil magnate J. Paul Getty once said, “If it appreciates, buy it. If it depreciates, lease it.” Leasing depreciating assets makes sense. We support financing for a wide variety of equipment with terms ranging from 12 to 84 months. With fast, easy approvals, we’re here to help you get the equipment your business needs.
Working Capital
Working capital is a great solution for increasing your cash flow and meeting short-term business needs. It’s fast, easy, and unsecured. If you’ve recently secured a new contract and need additional capital to reach new heights, working capital could be the right solution for your business. When unexpected expenses arise, we’ve got you covered.
Invoice Factoring
Invoice financing lets you put your receivables to work for you. Unlock funds tied up in unpaid invoices so you can run and grow your business. Up to 90% of the invoice value can be advanced, with fees deducted once the invoices are paid by your customers. This is a great opportunity to improve cash flow, meet payroll, pursue new opportunities, or handle unexpected expenses.
Merchant Cash Advance
A merchant cash advance is a great fit for businesses that need capital and rely on consistent credit card receivables as a core part of their operations. An “MCA” provides a lump sum of capital that can be made available quickly and is repaid over time through a small percentage of daily credit card or bank account transactions. This is not considered a traditional loan, as it is based on the business’s future receivables, which are discounted over time.
Term Loans
A term loan is a business financing solution secured by the company’s credit and/or business assets and repaid through regular payments over a set period of time. Term loans typically feature fixed interest rates and are paid back over several years. A term loan may be the right option for your business if you are expanding, consolidating debt, or looking for a fixed monthly payment to help manage cash flow.
SBA Loans
An SBA loan is a business loan backed by the Small Business Administration. While anyone can apply for an SBA loan, approval can be challenging and often requires time and a thorough submission of documentation. If your business has the ability to wait through the approval process, SBA loans offer competitive rates and favorable terms that can be highly beneficial for both new and established businesses. Our dedicated specialists will help you navigate the detailed process and comprehensive documentation required to secure approval.
Ready to Get Started?
Apply for funding today, or contact our friendly staff if you have any questions.