Solutions

A working capital loan is a type of loan that is used to finance the everyday operations of a company. It is not used to buy long-term assets or investments, but rather to provide the working capital that covers a company's short-term operational needs.

Merchant Cash Advances (MCAs) typically provide businesses with quick access to funds ranging from a few thousand dollars to over $200,000. These advances are based on future credit card sales and are often used by businesses that need immediate capital for operations or growth opportunities.

A business line of credit is a flexible loan for businesses that provides a predetermined amount of funds that can be accessed as needed. Unlike a traditional loan, businesses only pay interest on the amount they borrow, and once repaid, the credit can be used again. This type of credit is typically used for short-term working capital needs, managing cash flow, or handling unexpected expenses.

Equipment financing is a type of loan specifically designed for the purchase of business equipment. Businesses can borrow up to 100% of the equipment's value, and the equipment itself often serves as collateral for the loan. This financing solution is commonly used by companies needing to purchase or lease machinery, vehicles, or other equipment necessary for their operations.

An SBA loan is a type of financing provided by private lenders but partially guaranteed by the U.S. Small Business Administration (SBA). These loans offer favorable terms, lower interest rates, and longer repayment periods compared to traditional loans, making them highly sought after by small businesses. SBA loans are often used for a variety of purposes, including starting a business, acquiring another business, expanding operations, or refinancing existing debts. The SBA's involvement aims to reduce risk for lenders and make capital more accessible for small businesses.

A business financing loan is a type of loan specifically designed to meet the financial needs of businesses. It can be used for a wide range of purposes, such as expanding operations, purchasing inventory, investing in marketing, or hiring new staff. These loans are typically offered by banks, credit unions, and online lenders, and they come with varying terms, interest rates, and repayment schedules based on the lender's policies and the borrower's creditworthiness and business performance. The goal of a business financing loan is to provide the necessary capital for businesses to grow and thrive.

Invoice factoring is a financial transaction where a business sells its accounts receivable (invoices) to a third party (a factor) at a discount. This provides the business with immediate cash flow, rather than waiting for the invoice payment terms to be fulfilled. Typical factoring amounts can range widely based on the business's sales volume, with advances usually being 70-90% of the total invoice value. The factor then collects payment directly from the customers, and once collected, the remaining balance (minus fees) is remitted to the business. Factoring is commonly used by businesses that have long invoice payment cycles but require immediate working capital to maintain operations.

Long-term loans are a form of financing that is repaid over an extended period, typically ranging from three years to as long as 20 or 30 years. These loans are used for major investments in a business, such as purchasing real estate, acquiring another company, or making significant capital improvements. The loan amount can vary greatly depending on the lender, the borrower's creditworthiness, and the purpose of the loan, but it's common to see substantial amounts in line with the significant nature of the investments they are intended to support. Long-term loans usually have lower interest rates compared to short-term loans, reflecting the extended repayment period and the often larger loan amounts.