We can help accelerate your business with various types of small business loans available to meet different financial needs.
Term Loans: These loans provide a lump sum of capital that is repaid in fixed installments over a set period. They are suitable for businesses looking to expand and typically have fixed monthly payments.
SBA Loans: Small Business Administration (SBA) loans are government-backed loans available through private-sector lenders. They offer low rates, long repayment terms, and loan amounts up to $5.5 million, making them ideal for businesses looking to expand or refinance existing debts.
Business Lines of Credit: These are flexible financing options for short-term needs, managing cash flow, or handling unexpected expenses. They provide revolving access to funds without requiring collateral upfront.
Equipment Loans: Businesses that want to own their equipment outright can opt for equipment loans. The equipment being purchased serves as collateral for the loan, making it a suitable option for major equipment purchases.
Invoice Factoring: This type of financing is for businesses with unpaid invoices that need fast cash. It involves selling unpaid invoices at a discount to a third party in exchange for immediate funds.
Merchant Cash Advances: Businesses with high and consistent credit card sales can benefit from merchant cash advances, which provide a lump sum advance against future credit card revenue.
Business Credit Cards: Business credit cards provide ongoing access to funds for business expenses without requiring collateral upfront. They can be costly but offer rewards on purchases and flexibility in spending.
Each type of small business loan has its own features, benefits, and considerations, we help you assess your business needs and financial situation before choosing the most suitable option.
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