Term Loans
Term loans are business loans granted for a specific period and repaid on a fixed schedule, usually monthly or quarterly. They are often used to finance one-time expenses, such as equipment purchases, business expansion, or refinancing existing debt.
Lines of Credit
Lines of credit are flexible credit facilities that allow businesses to borrow money up to a pre-established maximum amount. Businesses can use the funds as needed and only pay interest on the amount borrowed. Lines of credit are often used to finance short-term cash flow needs, such as operating expenses or cash flow management.
Asset-Based Lending
Asset-based lending is a type of commercial loan secured by a company’s assets, such as inventory, accounts receivable, or equipment. This type of financing allows businesses to access funds by using their assets as collateral for the lender.
Invoice Factoring
Invoice factoring is a financing mechanism whereby a company sells its unpaid invoices to a third party (factoring company) in exchange for immediate cash. The factoring company then collects payments from customers on behalf of the business.
Equipment Financing
Equipment financing is a type of business loan specifically for purchasing equipment and machinery for a business. The purchased equipment typically serves as collateral for the loan, which can make it easier for businesses needing to acquire new equipment to obtain funds.
Franchise Funding
Existing Franchise:
- Type of financing: Working Capital Loan, Equipment Financing (leasing or loan), Unsecured Loan.
New Franchise:
- Type of financing: Ask if eligible for a Government-Guaranteed Term Loan to cover all costs (Franchise Fee, Leasehold Improvements, Equipment, etc.)
- Amount: With Real Estate Up to $1.25M; Without Real Estate Up to $500K
Don't wait any longer,
Contact us today to discuss your financing needs and start building a strong financial future for your business.
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