Funding
Funding Programs
We have a wide range of options available, all under one roof, to cater to your every need.
SBA Loans & Term Loans
SBA loan is a type of financing provided by the Small Business Administration (SBA), a U.S. government agency. The SBA provides loan guarantees to approved lenders, reducing the risk for lenders and making it easier for small businesses to obtain funding. SBA loans can be used for a variety of purposes, including starting or expanding a business, purchasing equipment or real estate, and providing working capital. These loans typically have lower down payment requirements, longer repayment terms, and lower interest rates compared to traditional bank loans.
A term loan is a type of loan that is typically provided by a financial institution, such as a bank, to a borrower for a specific period of time, usually ranging from several months to several years. The loan is typically repaid in equal monthly installments that include both principal and interest, and the interest rate is typically fixed for the life of the loan. Term loans are typically used to finance the purchase of large assets, such as real estate or equipment, or to provide working capital for a business.
Business Lines of Credit
A business line of credit is a flexible form of financing that allows a business to borrow money as needed, up to a pre-approved limit. The business can draw from the line of credit whenever it needs funds, and only pays interest on the amount actually borrowed. A business line of credit provides a convenient source of short-term financing for unexpected expenses, seasonal fluctuations, and other business needs, and can be a more cost-effective solution compared to traditional loans, especially for businesses with variable cash flow.
Merchant Cash Advance
A Merchant Cash Advance (MCA) is a type of short-term business financing that provides the borrower with an advance on their future credit card sales. Instead of repaying the advance with fixed payments over a set period of time, the borrower agrees to repay the advance by allowing the lender to take a percentage of their daily credit card sales until the advance is fully repaid. MCAs are typically easier to obtain than traditional bank loans and are best suited for businesses with a high volume of credit card sales.
