During these uncertain times, keeping your existing low-rate business loan is important. Also, affordability is key for your business. Creative business lending is the solution for retaining your current low interest business loan. If you need short-term working capital allow us to assist you! What types of business term loans can help my business? SBA […]
Business Loan
Your Business Credit Report Cannot Be Ignored
Your business depends on your personal credit and business credit. Your business credit report is accessed when you apply for SBA or a conforming commercial loan. Business owners should review their business credit report, if they are applying for business lending or commercial lending. Simply go to Experian Business and Dun and Bradstreet. If you […]
How Can a Short Term Business Bridge Loan Help Me?
A short term business bridge loan is a non-bankable business loan, it is a line of credit starting from a three to 24 month term. Before you sign for your loan, Always review the terms and interest rate on your short term bridge loan. You should always plan to have an exit strategy of your […]
Can an Alternative Business Loan Help My Credit or Hurt My Credit?
An alternative business loan provides you the quick turn times for the cash you need for your business, it is not recommended to carry an alternative business loan as long term because of a slight higher interest rate compared to a conforming business loan. You are probably seeking a short term alternative business loan for […]
A Short Term Business Loan is all Your Business May Need
Sometimes, a short term business loan is all a company needs. Expansions, remodels and partner buyouts are good examples of utilizing a short term business loan. The amortizations of an alternative short term business loan begin with 6 months and may extend up to 18 months. For example: A business owner wanted to remodel his […]
Some FAQs and Answers about Alternative Business Loans
Q. What types of loan programs are considered as alternative business lending? A. The most common type of alternative business lending is a MCA, some finance amounts are less than $100,000 or up to $500,000, with amortization schedules up to 24 months. We have over 30 reputable lenders we work with. Q. Is alternative business […]