SBA Loans

These loans are guaranteed by the Small Business Administration, and because of this they offer some of the lowest rates on the market as well as long repayment terms and the ability to borrow up to $5 million. Repayment ranges from 7- 25 years based upon how you plan to use the money. SBA loans are best for strong credit borrowers who have been operating for 2 years and are willing to work on the long application process to expand their business or refinance debt.

Pros:

  • Lowest rates on the market

  • Borrow as much as $5 Million

  • Longer repayment terms

Cons:

  • Long application process

  • More qualifications required

Best for:

  • Expanding business or refinancing debt

  • Businesses with good credid usually willing to wait for funding


We'll help you build an application that will make your proposal look ATTRACTIVE!

 

Short-Term Loans

Short-term loans allow for very fast funding so you get a lump sum of cash with a predetermined payment term. Payment is usually made daily, weekly or bi-weekly. The short term loan is best for business with high and consistent sales that are in need of quick unsecured cash to use however you need.

Pros:

  • Fast Capital in as little as 24 hours

  • Unsecured

  • Easy approval process

  • Little documentation needed

Cons:

  • Cost of borrow ing can be more

Best for:

  • Businesses that have high and consistent sales and bank deposits

  • Businesses that need financing right away