Factoring?
INVOICE FACTORING LOANS | RECEIVABLES FACTORING | BUSINESS LOANS Q: Factoring?Quick Overview The business owner sells some or all of the Account Receivable at a discount Two types of factoring: recourse and non-recourse factoring The factor collects the invoice from the customer Available online and from some traditional lenders Although factoring has been around for thousands […]
Term Loans
BUSINESS TERM LOANS | SMALL BUSINESS LOANS OR LENDINGQ: Term LoansQuick Overview Re-paid in regular monthly payments over time Usually secured by some type of collateral Interest rates can be either fixed or variable Available from both banks and non-bank lenders A term loan is what most small business owners think of when they start […]
Merchant Cash Advance
MERCHANT CASH ADVANCE (MCA) LOANS | BUSINESS LOANS Q: Merchant Cash AdvanceQuick Overview Repayment: daily or weekly debit from the merchant account. Advance secured by direct access to the merchant account. Payback maybe 20% to 40% of the amount borrowed. Merchant cash advance providers can be found online. If a business owner needs quick access […]
A Business Line of Credit
BUSINESS LINE OF CREDIT FOR SMALL BUSINESSES | BUSINESS LOANSQ: A Business Line of CreditQuick Overview Interest accrues as credit is accessed, unlike term loans. Secured and unsecured lines of credit are available. Interest rates rise and fall with the prime rate. Available from both banks and non-bank lenders. Every small business owner encounters situations […]
Working Capital Loans
BUSINESS WORKING CAPITAL LOAN | BUSINESS LOANSWorking Capital Loans Quick Overview Short or Long-term availability of Working Capital Loans. Cover overhead and operational expenses for Working Capital Loans. Easy and fast to secure Working Capital Loans. Flexible terms for Working Capital Loans. Working Capital Loans are an important resource for businesses. Businesses of all sizes […]
Online Business Loans
FEATURED : LOAN PROCESS Q: How long will it take to receive my funds? Quick Overview Shorter-term loans from 3-24 months Longer-term loans from 2-5 years Higher approval rates than most banks The application can often be completed online With traditional lenders maintaining a tight leash on credit, more and more business owners turn to […]