Unlimited Funding
Business loans | Auto Loans | Equipment Financing | Real Estate Loans.
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Business Loans
Small business loans are a crucial part of many businesses success stories. They provide the capital necessary to get businesses off the ground, help them expand, and allow them to weather tough times. But getting a small business loan can be difficult.
Starting a business is a daunting task. There are many moving parts and pieces, and one wrong move can be devastating.
One of the most important aspects of starting a business is securing financing.
Business loans can come from various sources, each with their terms and conditions.
Types Of Business Loans
Business Term Loans
Term loans provide business owners with a lump sum of financing that is repaid over a set timeframe with fixed monthly payments. This type of financing can be used for:
- Expanding operations
- Opening a new location
- Purchasing equipment
- Acquiring a business
- Refinancing debt
Benefits of term loans include:
- Fixed interest rates
- Customizable loan amounts and terms
- Ability to qualify based on business performance
- Funds delivered in a lump sum
Our loan specialists can help you find the right loan amount, term length, and structure for your business goals. Term loans give you capital to execute growth strategies.
Several different types of business loans are available to small businesses.
Equipment Financing
Fund purchases of expensive equipment without straining finances. Payments are based on the value of the equipment rather than business credit.
Equipment financing provides companies a way to obtain necessary equipment without paying large sums upfront. This type of financing works similarly to a lease – the business makes regular payments over a set timeframe to finance the equipment, rather than purchasing it outright.
At the end of the financing term, the company typically has the option to return the equipment, continue leasing, or purchase it at fair market value. Equipment financing terms often range from 24 to 60 months.
Business Line Of Credit
Business lines of credit provide access to revolving credit that can be drawn on as needed. Access revolving credit funds as needed with lower rates than loans. Useful for working capital and purchases. Approved credit lines function similarly to a credit card.
Benefits include:
- Access capital on demand
- Only pay interest on what you use
- Funds can be borrowed repeatedly
- No need to reapply every time
Lines of credit are ideal for managing cash flow, financing inventory, covering operating expenses during seasonal dips, and seizing on growth opportunities. Credit lines offer flexibility and convenience.
Our underwriters can help businesses obtain credit lines at competitive rates. We set credit limits based on qualifications to provide access to capital when you need it.
Get in touch today to discuss customized lending solutions that align with your business needs and financial goals. Our experienced team is here to help your company secure financing for current and future initiatives.
Construction Financing
Construction financing can be used to finance construction projects.
Traditional bank loans are one option, but because construction can be risky, you may need help qualifying for a loan from a bank. Another option is to work with a private lender, which may be more flexible in its lending requirements. You could also look into government-backed loans, such as those offered by the Small Business Administration (SBA).
Before applying for any type of loan, it’s important to research and compare your options. Make sure you understand the terms and conditions of each loan and choose the one that best suits your needs.
Construction financing can be used to finance construction projects.
Real estate investment financing funding
Purchase or renovate commercial and residential properties. Options like bridge loans and mortgages carry different rates and terms.
Real estate investment funding is used to purchase property for your business or to make improvements to an existing property.
Investment financing helps fund the purchase of real estate property. Investors typically use this loan to buy, renovate, or develop commercial or residential properties.
There are several different types of investment financing, each with its own set of terms and conditions.
Each type of investment financing has its advantages and disadvantages.
Commercial Real Estate Investment Financing
As the commercial real estate market continues to rebound, more and more investors are looking to get in on the action. But with relatively high property prices, financing a commercial real estate investment can be challenging.
Get the funding you need to make your commercial real estate dreams a reality.
Why Business Funding saves businesses
For many successful small businesses, securing business loans has been key to their growth. These loans provide the necessary capital to get started, expand operations, purchase equipment, and survive economic downturns. However, obtaining small business financing can be challenging.
Starting a business involves many complex, interconnecting parts. One wrong step can be devastating. Securing funding is a critical piece of starting any business. Many financing options exist, each with their own requirements.
Business loans allow companies to access lump sums of capital in exchange for repayment with interest over time. The funds can be used for purchasing inventory and materials, acquiring property and equipment, expanding facilities, and more.
Banks offer the most traditional type of business loan. Their lending is reliable but comes with strict regulations and requirements like collateral.
Credit unions also provide business loans tailored for small companies without large cash reserves. Their terms may be more flexible.
Private lenders similarly have a straightforward application process and can fund quickly with fewer regulations. But interest rates may be higher.
With so many options, it’s important to weigh the pros and cons of each lender and financing type for your specific situation. The right funding can propel your business growth if secured strategically.