Frequently Asked Questions
We offer a wide variety of business funding programs including conventional business loans, SBA loans, commercial real estate loans, equipment & machinery financing, lines of credit, asset based financing, and low-credit financing.
No. Bank Drafts/Automatic Deductions and Processing are your options for payback methods. We do review your credit card statements simply to determine business cash flow and approval amount. Business funding, whether you accept credit card as a form of payment or not, is available for everyone.
Some programs allow you to prepay your loan, lease, or cash advance at any time without penalty fees incurred but, we can’t guarantee that interest charges will be foregone. Each contract will contain a specific payoff and early repayment clause, but there is no penalty for paying early.
Flexible repayment for seasonal businesses is available and sometimes ideal when payment is made in conjunction with your sales volume to avoid cashflow strains during a slow season. We have options to accommodate repayment for seasonal businesses.
Monthly, weekly, or daily. Repayments vary by program. Daily repayments free up your cash flow. Underwriters have designed affordable payment deductions to lessen the impact on cash flow. Payments collected in this format have less cash flow burden compare to once a month payment. Although, you have one monthly payment that payment is broken into business days, and automatically deducted from your bank account.
Varies by program. There are some programs that require no additional collateral. Lenders have the right to file UCC-1 filing.
We are flexible and will work with you to accommodate your needs if you work with us. Give us a call and we will make sure that your questions are answered.