Working Capital Loan
Are you looking for more flexibility and control over the cost of your loan? Are you unsure about exactly how much you need or when you'll need it? A working capital loan might be just the solution you've been looking for!
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Working capital is required by every business to pay its various operating expenses. Such business expenses would include but not be limited to taxes, payroll, workman’s comp, vendors and other overhead for its day-to-day operations.
Even an otherwise strong business can be short on working capital due to their customers’ slow invoice payments. For those business owners, working capital loans can be a life-saver.
In other cases, businesses may have the opportunity to grow, perhaps by upgrading facilities, expanding employee training, repairing or replacing underperforming equipment, etc. Those situations require cash that may not be sitting in your bank account. A working capital loan lets you achieve those improvements and cover the cost over time.
SBA loans can be ideal for small and medium sized businesses. However, the application process can often take more time than the business can afford, leaving borrowers searching for short-term funding solutions. The SBA Bridge Loan was created specifically for borrowers like you in mind to help with your short-term needs while you wait for approval from the SBA.
​With a low cost of funds, this product also features competitive early pay off discounts and no prepayment penalties if you wish to pay the loan off within the first 6 months.
SBA Bridge Loan
Recovery Assistance Loan
Are you unhappy with your current working capital business loan payment? Is your current lender not able to restructure your payments to accommodate your business' needs from the impact of COVID-19? We may be able to help.
COVID-19 has affected businesses large and small. As a small business ourselves, we understand the challenges created as a result of not only having to shut down, but of downward adjustments to revenue streams and new, unexpected expenses related to social distancing regulations.
Knowing that businesses may not be operating at 100%, but payments to your lender still continue with some lenders unable to adjust those payments for you, our Recovery Assistance Loan is specifically designed for this need.
A business line of credit is a revolving loan that allows access to a fixed amount of capital, which can be used when needed to meet short-term business needs. A business line of credit is the best financing option when you need extra working capital to cover recurring business expenses or bridge cash flow gaps. With ongoing access to funds, you have the flexibility to withdraw only what you need, when you need it—and pay for only what you use. So, you’ll be prepared for whatever challenges and opportunities come your way.
Line of credit
