| |
1. Unsecured
Loans |
|
| |
Smaller Loans
of 300K or less for individuals with strong
personal and business credit. Unsecured Loans
or Lines do not use any of your business assets
for collateral and usually have a short turn
around time. In most cases from application
to closing in 3 weeks or less! These loans
are ideal for smaller business purchases and
or working capital. |
|
 |
| |
2. Startup Secured |
|
| |
Loans for new
business ventures, this type of financing
are traditionally secured via the assets of
the business and or the assets of the owner
of the business. Credit score is more flexible
than in an unsecured loan and interest rates
are generally better. These loans are not
secured by real estate. For real estate loans
please click on the real estate loan tab.
|
|
|
| |
3. SBA Loans |
| |
The SBA or Small
Business Administration is a government sponsored
agency that’s role is to assist businesses
in their effort to receive financing. They
perform this function by serving as additional
guarantors on the loan you receive from the
bank. The
SBA is not a direct lender. The SBA
offers a variety of programs to fit most financial
needs. Many new businesses are funded with
the backing of the SBA that banks traditionally
would find too risky to finance. |
|
|
| |
4. Venture Capital |
| |
Venture Capitalists
are individuals who invest in new companies
or those experiencing rapid growth and in
need of additional funding. Venture capitalist
usually specializes in one field and will
invest with a payment made back to them as
well as receiving shares for their risk. Only
in rare circumstances do we suggest use of
a venture capitalist. |
|
|
| |
5. Hard Money |
|
| |
Loans made to
a company based on your current assets and
or inventory. These loans use what you already
own as collateral and can be helpful in the
expansion or recapitalization of a business. |
|
