Small Business Loans
An unsecured small business loan is a loan that requires no collateral but is rather based solely upon the creditworthiness of the small business borrower and their business.
The vast majority of banks prefer to secure loans with some sort of collateral like real estate, equipment, or other valuable business assets. Unsecured small business loans are great for the short term and set payments are daily weekly or monthly.
Benefits of Small Business Loan
- GET APPROVED IN 24 HOURS OR LESS
- GET YOUR FUNDING WITHIN 24 HOURS FROM APPROVAL
- CONTROL OF YOUR CASH FLOW – YOUR LOAN COULD BE AS MUCH AS $20,000 – $1 MILLION
- EASY 1-PAGE APPLICATION
- NOT SOLELY BASED ON YOUR PERSONAL CREDIT
- FLEXIBLE REPAYMENT TERMS
Flexible Terms Include
- MINIMUM TIME IN BUSINESS: 3 MONTHS
- MINIMUM ANNUAL REVENUE: $250K
- FICO SCORE: 500 +
- DISMISSED OR DISCHARGED BANKRUPTCIES OK
- TAX LIENS OK
- NO REAL ESTATE COLLATERAL REQUIRED
- LOSS ON TAX RETURN OK
- NO INDUSTRY RESTRICTIONS
- GET UP TO 18 MONTHS TO REPAY
- NO UNIFORM COMMERCIAL CODE (UCC) OPTIONS AVAILAB
Get Your Loan Started Today By Click the Button Below,
Get Started Here
Interest-Only Flex Pay Loan
Access loan amounts from $50,000 to $750,000 without collateral and low, interest-only payments for up to 1 year!
The minimum initial loan amount to begin the interest-only period is $50,000 (down from $150,000).
Pay only the interest for up to 1 year (52 weeks) with a built-in safety net rollover amortizing loan option for up to 2 years (104 weeks).
The product will now carry a line of credit available for their entire interest-only period (26, 40, or 52 weeks). The credit line will be issued for the difference between your max loan approval and your initial loan amount is taken.
During the line of credit period, you may take unlimited* draws of $25,000 or more up to your maximum loan approval amount.
You can even take your initial loan amount via several draws on consecutive business days to allow for ease of early payoff when funds become available. The minimum first draw is $50,000 with unlimited subsequent draws of $25,000 or more. Each IO Flex Pay Loan (or draw) will have minimum finance charges due for the entire interest-only period upon early payoff.
Get Your Loan Started Today By Click the Button Below,
Get Started Here
Merchant Cash Advance
Merchant Cash Advance (MCA) is a type of loan that quickly provides cash for businesses. It’s similar to a paycheck advance, except it’s for businesses rather than individuals.
The best thing to know about a Merchant Cash Advance is that it offers a cash advance against future sales of the business. This type of financing is generally available to businesses that have a steady volume of credit card sales, including retail stores, restaurants, and medical offices. Businesses receive a lump-sum payment from our lenders and then pay it back as they make sales to customers.
Benefits of Small Business Loan
- GET APPROVED IN 24 HOURS OR LESS
- GET YOUR FUNDING WITHIN 24 HOURS FROM APPROVAL
- CONTROL OF YOUR CASH FLOW – YOUR LOAN COULD BE AS MUCH AS $20,000 – $1 MILLION
- EASY 1-PAGE APPLICATION
- NOT SOLELY BASED ON YOUR PERSONAL CREDIT
- FLEXIBLE REPAYMENT TERMS
Flexible Terms Include
- MINIMUM TIME IN BUSINESS: 3 MONTHS
- MINIMUM ANNUAL REVENUE: $250K
- FICO SCORE: 500 +
- DISMISSED OR DISCHARGED BANKRUPTCIES OK
- TAX LIENS OK
- NO REAL ESTATE COLLATERAL REQUIRED
- LOSS ON TAX RETURN OK
- NO INDUSTRY RESTRICTIONS
- GET UP TO 18 MONTHS TO REPAY
- NO UNIFORM COMMERCIAL CODE (UCC) OPTIONS AVAILABLE
Get Your Loan Started Today By Click the Button Below,
Get Started Here
Healthcare Cash Advance
The Healthcare financing products we offer allow our clients to stabilize cash flow, meet payroll, hire new staff, take on more patients, open new medical offices, or deal with special situations such as tax liens or Medicare audits.
Account receivable funding help agencies get paid sooner. Slow paying customers create case flow issues.
Benefits of Healthcare Cash Advance
- IMMEDIATE CASH
- FAST AND SIMPLE
- UNLIMITED CAPITAL
- NO LONG TERM OBLIGATIONS
- HELPS ELIMINATE BAD DEBT AND BUILT YOUR CREDIT
Flexible Terms for Healthcare Cash Advance
MEDICAL ACCOUNTS RECEIVABLE LINE OF CREDIT
- $500,000 – $10,000,000
- UP TO 85% ADVANCE RATE
- NON-AMORTIZING STRUCTURE (INTEREST ONLY PAYMENTS)
- COVENANT LIGHT
MEDICAL ACCOUNTS RECEIVABLE FACTORING FACILITY
- $100,000 – $2,500,000
- UP TO 85% ADVANCE RATE
- LIMITED COLLECTION HISTORY ACCEPTABLE
TERM LOAN
- $10,000 – $250,000
- RECEIVE FUNDING IN AS LITTLE AS 3 DAYS
- FLEXIBLE REPAYMENT OPTIONS AVAILABLE
Get Your Loan Started Today By Click the Button Below,
Get Started Here
Line of Credit
A business line of credit gives access to a pool of funds to draw from when you need capital.
Unlike a traditional business loan, you have the flexibility to borrow up to a set amount (typically anywhere from $50,000 to $500,000), repaying only the amount you withdraw, with interest. Draw on your small business line of credit to handle cash flow gaps, get more working capital, or address almost any other emergency or opportunity.
Benefits of Line of Credit
- RATES AS LOW AS 4.8%
- FAST APPROVALS 24 HR FUNDING
- 650+ FICO
- 3+ YEARS IN BUSINESS
- $40,000 IN MONTHLY REVENUE
What You Need to Apply
- BASIC DETAILS ABOUT YOU AND YOUR BUSINESS
- 6 MONTHS BANK STATEMENTS
Get Your Loan Started Today By Click the Button Below,
Get Started Here
Revolving Line of Credit
- Unlimited draws
- Maximum approvals up to 1 million
- No financials or collateral for up to 5 years
- Unlimited partial principal pay downs to free up line availability
- Pay off or pay down without penalty
- No minimum finance charge
- Min credit score 550
- 3 months in business
- Min of 300K annually
- Need a short app and 4 months’ bank statements to qualify
- Funding in as little as 5 days
Get Your Loan Started Today By Click the Button Below,
Get Started Here
SBA Loan
SBA loans can be used for many reasons, such as starting your business, managing expenses (think inventory and payroll), expanding your operations, or increasing your safety net.
The 7(a) loan program continues to be the SBA’s primary way of providing financial assistance to small businesses, but there are other types of SBA loans, each with its own terms and conditions.
SBA Loan Types
- 7(a) loan program (SBA’s flagship loan program) can fund up to 5 million dollars from banks, credit unions, and specialized lenders. The purpose is to fund working capital, expansion, and equipment purchases.
- 504 loan program funds up to 5.5 million dollars usually from a combination of traditional lenders like banks and Certified Development Companies or CDC’s.
- Microloans fund businesses up to 50 thousand and are provided by community-based nonprofits to fund working capital, inventory, supplies, equipment ,and machinery.
SBA 7 (A) Product Overview
- $30,000 TO $350,000
- SBA 7(A) LOAN
- WORKING CAPITAL
- DEBT REFINANCE
- NEW EQUIPMENT PURCHASE
- PRE-QUALIFY IN 5 MINUTES
- FUNDING AS FAST AS 7 DAYS AFTER THE APPLICATION IS COMPLETE
- $30K TO $49K PRIME RATE1 PLUS 3.75%
- $50K TO $350K PRIME RATE PLUS 2.75%
- 10-YEAR TERM WITH NO PREPAYMENT PENALTY
- MONTHLY PAYMENTS ARE DEBITED FROM THE CHECKING ACCOUNT
- THE SBA OFFERS VETERANS A 50% DISCOUNT ON GUARANTEE FEES
- BLANKET LIEN ON BUSINESS ASSETS
- PERSONAL GUARANTEE BY ALL 20% OF OWNERS
- NATIONWIDE
SBA Commercial Real Estate (CRE) Product Overview
- $500,000 TO $5 MILLION
- SBA 7(A) LOAN
- COMMERCIAL REAL ESTATE REFINANCE OR PURCHASE
- PRE-QUALIFY IN 5 MINUTES
- CONDITIONAL APPROVAL IN ~30 MINUTES
- FUNDS AS FAST AS 30 DAYS AFTER CREDIT APPROVAL
- PRIME RATE PLUS 1.5% TO 2.75%
- FIXED AND VARIABLE RATES
- UP TO 90%
- 25-YEAR, FULLY-AMORTIZING CRE LOAN WITH NO PREPAYMENT PENALTY AFTER 3 YEARS: YEAR 1=5% | YEAR 2=3% | YEAR 3=1%
- MONTHLY PAYMENTS ARE DEBITED FROM THE CHECKING ACCOUNT
- 2.25% TO 2.76% SBA GUARANTY FEE DEPENDING ON LOAN SIZE
- FIRST LIEN ON SUBJECT PROPERTY + BEST AVAILABLE LIEN ON BUSINESS ASSETS + PERSONAL GUARANTEE
- NATIONWIDE
SBA Express Product Overview
The ideal customer is a client looking to scale their company, buy more inventory, hire more employees, or buy additional equipment (new equipment). This is also a great product for companies who are looking to refinance short-term high-interest rate debt. Vetting questions should include credit score (680+), time in business (at least two tax returns), and profitability (companies cannot operate at a loss). This loan will require some effort upfront but that means low rates, affordable monthly payments, and longer terms. This is a term loan, borrowers will receive the full amount upfront and start making principal and interest payment within 30 days.
NOT A LINE OF CREDIT, NOT A REVOLVING LINE.
The loan cannot be increased or re-drawn upon but additional loans can be requested.
LOAN TERMS
- VARIABLE INTEREST RATES: STARTING AT 7.25%
- TERM: 10 YEARS
- NO PREPAYMENT PENALTY
- FULLY AMORTIZED LOAN – NO BALLOON PAYMENTS
EXPRESS LOANS
$25K-$150,000
GENERAL WORKING CAPITAL
- PAYROLL/HIRING
- OPERATIONAL EXPENSES
- INVENTORY
- SUPPLIES
- MARKETING
EQUIPMENT
- NEW EQUIPMENT ONLY
- BUSINESS VEHICLES
- THE CLIENT MUST PROVIDE INVOICE
- BANK PAYS THE VENDOR DIRECTLY
DEBT REFINANCE
- DEBTS MUST BE IN THE BUSINESS NAME
- CAN BE TERM LOAN/LOC
- BANK CANNOT REFI BUSINESS CREDIT CARDS
Get Your Loan Started Today By Click the Button Below,
Get Started Here
Invoicing Factoring
Factoring is a financial transaction and a type of debtor finance in which a business sells its accounts receivable (i.e., invoices) to a third party (called a factor) at a discount.
A business will sometimes factor its receivable assets to meet its present and immediate cash needs
Benefits of Factoring
- FACTORING TURNS YOUR INVOICES INTO INSTANT OPERATING CASH
- CAN GET YOU CASH WITHIN HOURS FOR MANY OF YOUR CUSTOMERS’ INVOICES
- FACTORING CAN IMPROVE YOUR CREDIT RATING BY GIVING YOU CASH SO YOU CAN PAY YOUR BILLS SOONER
- CAN HELP YOU MEET YOUR PAYROLL AND TAX PAYMENT OBLIGATIONS
- FACTORING INCREASES YOUR BUYING POWER BY ENABLING YOU TO TAKE ADVANTAGE OF CASH PURCHASE DISCOUNTS
- CAN INCREASE SALES AND MARKETING EFFORTS
- FACTORING CAN HELP YOU OFFER YOUR CUSTOMERS BETTER CREDIT TERMS
- ACCELERATES CASH FLOW
- FACTORING CAN HELP YOU GROW YOUR BUSINESS
What You Need to Apply for Invoice Factoring
- SOME INFORMATION ABOUT YOUR BUSINESS
- BASIC DETAILS ABOUT YOUR INVOICES
- BANK CONNECTION OR 3 MONTHS MOST RECENT BANK STATEMENTS
Get Your Loan Started Today By Click the Button Below,
Get Started Here
Asset Based Loan
Asset-based lending is the kind of lending secured by an asset. Asset meaning, but not limited to, owned property, equipment, inventory, accounts receivables, etc…
In this sense, a mortgage is an example of an asset-based loan. More commonly, however, the phrase is used to describe lending to businesses and large corporations using assets not normally used in other types of loans.
Revolving Line of Credit
Our LOC is a revolving line of credit secured by accounts receivable, matching your loan repayment with your customers’ payment terms. It has a bank-like feel and is used for your working capital needs. This is the right fit for clients who are looking to maximize the amount of liquidity they need for working capital and/or do not want their lender to be contacting their customers (“non-notification”).
Loan Sizes
$250,000 TO $10 MILLION
APRs
STARTING AT 9.99%
Term
12 TO 24 MONTHS WITH AN OPTION TO RENEW
How does it work?
- AS YOU INVOICE YOUR ELIGIBLE CUSTOMERS, WE ADVANCE UP TO 85% ON THEIR INVOICES.
- YOU CAN DRAW THE MONEY THROUGH IMMEDIATELY! IT’S THAT SIMPLE!
- WHEN YOUR CUSTOMERS PAY, YOUR LOAN BALANCE IS REDUCED. THE LINE OF CREDIT GROWS ALONG WITH YOUR BUSINESS.
Short Term Advance
Short term advance in addition to your LOC or Flex line. We understand that sometimes you have short term needs that exceed your working capital availability. Whether it’s an unexpected expense, delayed customer payments, seasonal orders, or high growth periods, Stretch is a supplemental loan to help you through these temporary needs.
Stretch Loan Size
- $10,000 – $1 MILLION
Term
- 1 TO 12 MONTHS
Get Your Loan Started Today By Click the Button Below,
Get Started Here
Term Loans
A business term loan is a lump sum of capital that you pay back with regular repayments at a fixed interest rate with monthly, bi-weekly, or weekly payments.
The “term” in “term loan” comes from its set repayment term length, which can be up to 5 years. Generally, business owners use the proceeds of term loans to finance specific, one-off investments for their small businesses such as real estate purchases, business expansions, debt refinancing, and more.
Benefits of Business Term Loan
- GET APPROVED IN 24 HOURS OR LESS
- GET YOUR FUNDING WITHIN 24 HOURS FROM APPROVAL
- CONTROL OF YOUR CASH FLOW – YOUR LOAN COULD BE AS MUCH AS $20,000 – $1 MILLION
- EASY 1-PAGE APPLICATION
- NOT SOLELY BASED ON YOUR PERSONAL CREDIT
- FLEXIBLE REPAYMENT TERMS
Flexible Terms for Business Term Loan Include
- MINIMUM TIME IN BUSINESS: 3 MONTHS
- MINIMUM ANNUAL REVENUE: $250K
- FICO SCORE: 620 +
- DISMISSED OR DISCHARGED BANKRUPTCIES OK
- TAX LIENS OK
- NO REAL ESTATE COLLATERAL REQUIRED
- LOSS ON TAX RETURN OK
- NO INDUSTRY RESTRICTIONS
- GET UP TO 3 YEARS TO REPAY
- BUY RATES: STARTING AT 7.99%
Get Your Loan Started Today By Click the Button Below,
Get Started Here
Revenue Based Loan
Revenue-based financing is a unique loan that helps businesses get to the next level. We focus on revenue-generating businesses seeking up to $2 million and take a monthly percentage to pay back the loan.
Benefits Of A Revenue Based Loan
- Get approval in 5 days
- Control your cash flow with flexible payment plans
- Unsecured Loans Up to 2 million
- A percentage is paid back monthly
- Will go behind other loans
Flexible Terms on Revenue Based Loans
- Minimum time in Business 2 years
- Minimum annual revenue 500K
- Not based on personal or business credit
- Terms 2 to 5 years