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Start Up Financing and Loans
Equipment Financing, Invoice Factoring, Purchase Order Financing, Franchise Loans, Practice Acquisition Loans, Stock Loans
The majority of businesses fail within the first two years of operations. This situation makes it very risky for a lender to provide financing to a new business. There are some financing programs that reduce the risk to lenders. For instance instead of starting a business acquiring a business with a proven track record would be more favorable to a lender. Leasing equipment is less risky to a lender then providing cash to purchase the equipment. Buying a franchise where the franchises have proven track records is easier to get financing then building a company from scratch. Also invoice factoring and purchase order financing would be deemed less risky because these financing methods depend on your customers credit. Listed below are programs we offer that would be suitable for new businesses. Please feel free to contact us to discuss your options.
Equipment Leasing:
Start Up Business Program - Application Only to $35,000
Get much needed equipment to grow your business and preserve cash for working capital needs. Almost all industries and equipment types are acceptable. See more.
Invoice Factoring:
The single largest reason businesses fail is due to poor cash flow. Don't let this happen to you. Get cash 24 hrs after completed your service or shipping your product. You choose which customers or which invoices to factor. Valuable financial tool to help manage cash flows. Approval depends on your customers credit. See more.
Purchase Order (P.O.)Financing:
Provides 100% financing to get that large order out the door. Start up companies welcome. Approval depends on customers credit. See more.
Franchise Loans:
Use this financing for acquisitions and expansions of franchises, equipment purchases, refinance old debt, working capital or start-up funding. Payments can be stretched to 10 years for leased facilities and up to 25 years if real estate is utilized. Credit scores 650+. See more.
Practice Acquisition Loans:
Purchase an existing medical practice. 100% financing available. See more.
Start Up Business Program - Application Only to $35,000
Get much needed equipment to grow your business and preserve cash for working capital needs. Almost all industries and equipment types are acceptable. See more.
Invoice Factoring:
The single largest reason businesses fail is due to poor cash flow. Don't let this happen to you. Get cash 24 hrs after completed your service or shipping your product. You choose which customers or which invoices to factor. Valuable financial tool to help manage cash flows. Approval depends on your customers credit. See more.
Purchase Order (P.O.)Financing:
Provides 100% financing to get that large order out the door. Start up companies welcome. Approval depends on customers credit. See more.
Franchise Loans:
Use this financing for acquisitions and expansions of franchises, equipment purchases, refinance old debt, working capital or start-up funding. Payments can be stretched to 10 years for leased facilities and up to 25 years if real estate is utilized. Credit scores 650+. See more.
Practice Acquisition Loans:
Purchase an existing medical practice. 100% financing available. See more.
For A Free Consultation Please Fill Out Our Contact Request Form or
Call Us Toll Free at 1-888-600-6039.
CLICK HERE FOR CONTACT REQUEST
Some Notes on Existing New Businesses (less than 2 years)
It can be very difficult for businesses with less than two years to obtain business credit. However there are ways to start businesses and obtain small business financing without a bank loan. If a new business is unable to get the capital to purchase equipment they can lease. Equipment leasing is a viable way of securing much needed equipment, computers or vehicles. There are leasing programs available for start up companies and for individuals with marginal credit. Leasing is extremely flexible and be tailored to protect your cash flow. If you are a contractor you can lease equipment with a 90 day deferral payment so that you can use the equipment to finish the job before you even need to make a payment.
One of the toughest industries to secure a small business loan is for a new business operating in retail or as a restaurant. These types of companies usually have very little in the way of assets to secure financing and are classed as higher risk. Both restaurants and retail locations accept credit cards. This provides for a method of accessing unsecured cash called a merchant cash advance. After the merchant cash advance is paid down it can be utilized as an unsecured line of credit. Also if a retail or restaurant needs equipment or computers they can qualify for a lease.
If a new business receives a large purchase order they can use that purchase order to obtain capital. Purchase order financing can provide 100% of the funding needed to get your product out the door.
Every new business owner dreams of starting a business and going through tremendous growth. However, if you supply your product or service to other businesses and they don't pay you for 30 to 90 days it can become almost impossible for your cash flow to be able to support your growth. You need to make payroll and pay suppliers before you get paid from your customers. The faster you grow the more cash flow issues you have. Factoring invoices can be a viable solution. It easy to qualify for and set up correctly can be a tremendous cash flow tool. For an example of how factoring invoices can help growing companies with cash flow click here.
It can be very difficult for businesses with less than two years to obtain business credit. However there are ways to start businesses and obtain small business financing without a bank loan. If a new business is unable to get the capital to purchase equipment they can lease. Equipment leasing is a viable way of securing much needed equipment, computers or vehicles. There are leasing programs available for start up companies and for individuals with marginal credit. Leasing is extremely flexible and be tailored to protect your cash flow. If you are a contractor you can lease equipment with a 90 day deferral payment so that you can use the equipment to finish the job before you even need to make a payment.
One of the toughest industries to secure a small business loan is for a new business operating in retail or as a restaurant. These types of companies usually have very little in the way of assets to secure financing and are classed as higher risk. Both restaurants and retail locations accept credit cards. This provides for a method of accessing unsecured cash called a merchant cash advance. After the merchant cash advance is paid down it can be utilized as an unsecured line of credit. Also if a retail or restaurant needs equipment or computers they can qualify for a lease.
If a new business receives a large purchase order they can use that purchase order to obtain capital. Purchase order financing can provide 100% of the funding needed to get your product out the door.
Every new business owner dreams of starting a business and going through tremendous growth. However, if you supply your product or service to other businesses and they don't pay you for 30 to 90 days it can become almost impossible for your cash flow to be able to support your growth. You need to make payroll and pay suppliers before you get paid from your customers. The faster you grow the more cash flow issues you have. Factoring invoices can be a viable solution. It easy to qualify for and set up correctly can be a tremendous cash flow tool. For an example of how factoring invoices can help growing companies with cash flow click here.
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