Micro loans are fast and easy; it’s a simple way to get quick cash for your business, loan amounts range from $20,000- $500,000. Some micro loan programs go up to 24 months in terms, it is all based on your personal credit score.
Micro loans are:
- Merchant Cash Advance
- Cash Flow Loan
- Inventory Loans
- Small Business Expansion Loan
Micro Loans are ideal for quick short term cash for your business and without hurting your overhead
Waiting to get paid on your invoices, but need cash now? Select a factoring loan, factor your accounts receivable and get fast cash for your business. Loan amounts range from $50,000 to $500,000. Ideal for Health Care services and providers. such as pharmacies.
Purchase Order Financing
Finance your purchase orders to get quick cash for your business now. Example: Our client had purchase orders from Verizon, he could not obtain an asset based loan because of his industry, instead he opted to purchase order financing, which gave him capital he needed for his business.
Prepare an Exit Strategy
If necessary, don’t rule out business credit restoration or personal credit restoration while you opt in to alternative business financing for your business, this type of financing should only be considered as short term, especially if your business is growing and performing. Your exit strategy out of an alternative business loan is paying it off or refinancing into a traditional conforming business loan or an SBA 7a, which you are approved for after your improved credit scores. Remember, our consultations are free and there are no upfront broker fees.
For more information on how you can obtain a short term business loan locally in Destin FL and Fort Walton Beach, please fill out the online contact form about your concerns or give us a call at 855.477.9007. Read what our valued clients have to say about First Pro Capital on our Testimonials page.
Allow our team of professionals to assist you!