 Get Working Capital Now For Your BusinessIf there is one thing that rings true with all businesses, its that they can always use more money! When you decided to become an entrepreneur, you made a business plan and a commitment to provide quality services or products to your market. Along the way you have taken risks, overcome obstacles, and tackled key decisions that have helped form your company as it stands today!
At some point, you decided that it was time to start seeking additional working capital. It may be your first time or your hundredth time, either way we are here to assist you in securing the best options available to your company. With programs ranging from short term cash injections to collateralized commercial loans, we have options that will suit your business needs! Why Use An Alternative Lender? You may be familiar with the fact that banks are not issuing out loans like it’s 1968 anymore. The state of the economy has changed and long gone are the days when business lending was done with a “handshake on my good word”. Today’s business owner will need to provide at least a two year footprint of their personal and company finances, not to mention have impeccable credit! The strict regulations in place often leave small business owners with few options for obtaining working capital. An alternative lender can be just the solution needed to obtaining the funding needed for your business. Through non-traditional products such as unsecured loans, advances, and lines of credit you have options you may not have even been aware of. Alternative lenders will often require less documentation and will process your applications at 3x the speed of a traditional lending source! It is not uncommon to be approved and receive funding in the same week of your application. What Makes An Unsecured Business Loan Unique? An unsecured business loan is an entirely different product than a traditional loan offered at a major financial institution. The most important difference between the two products is that an unsecured business loan does not require collateral. The lender is providing funding based on business performance and basing their approval on what they believe your company will be able to handle. The documentation needed to support your business performance is also far less, sometimes only requiring three months of business bank statements and a complete application! Another major difference between a traditional loan and an unsecured loan is the term lengths and interest rates. An unsecured business loan will most likely be on a shorter term and use a “money factor” to determine interest rather than an APR percentage. You can read more about factor rates in this informative article "Making Sense Of Business Cash Advance". Where Can I Learn More? Being a business owner in the 21st century has some major perks, one being access to unlimited information on the internet! There are many blogs, forums, social media groups, ect… to help you find information on any topic you can imagine. For the purpose of gaining more insight and knowledge on the alternative lending industry, you need only look as far as the page you are on! The blog postings provided at Small Business Capital U.S. are meant to be educational and informative as to what these lending services are and how they can help you. For any of your questions regarding alternative lending and unsecured business loans, simply browse our page or give us a call at 800-681-0834. Our team is always happy to answer questions to help you navigate the world of working capital! You can also request a Free Quote Below.
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