Working Capital Business Loan | Small Business Working Capital Finance


Sign in using your Social Identities Listed Below
twitter
Not a registered user? Registered Now
Your Privacy is Protected Read More
Your Privacy is Protected Read More

Working Capital Financing - A short term loan option

Get Email Alert & Tips for Your Small Business 
#
Posted: 8/20/11 08:30 PM
Contributed By: Sandeep Bansal FRIEND HIM ON Twitter | LinkedIn | Facebook
#
Small business owners know that business does one of three things; it grows, is stagnant, or shrinks. As the owner, you want to make sure that your business always grows. Sometimes that is not easy and may even require capital that you do not have readily available. You need a way of getting capital today, to meet with needs, without having to go through the banks.
Traditional loans for small business do not always have with the best interest of the borrower in mind.The banks are slow to approve, normally only approve for high dollar amount,

long-term loans. Working capital financing may be the option that you should be looking for.

No collateral needed
This does not require banks, the high interest of signature loans, or even collateral. What it does require is something that most business's have already, credit card receipts. This type of loan may fix sudden expense needs, or even invest in a piece of equipment that will last for years.

Make a smarter choice, time is money, and banks are slow
Companies do this very often, when they need capital quickly and must get it financing paid, rather than waiting on approval. Perhaps the company needs a new machine, or to fix an older one. Small business is especially vulnerable to these sudden expenses. A piece of equipment may be key their production, having it out of service costs them more money. Taking the time to get a standard bank loan approval, may cost them more than they can afford in non-production.

Easy Pre-qualification
Working capital financing, uses the monthly sales revenue from the credit card machines. This gives the lender a good view of how the company can pay back the loan. This is not a credit check, just an availability of funds. In most cases, the lender will require that the merchant is in operation for over a year with a monthly credit card sales volume of twenty-five hundred dollars or more.

Use the money you deem appropriate
We are a company specializing in working capital financing. For a small business, these can be the difference between staying in business and going under. These loans are not just for emergencies; use the loan for supply purchases, payroll, renting a new facility, or building. Update your office with new furniture; increase your capacity by hiring a temp, or purchasing new equipment or space. Unlike bank loans, we do not judge what the money is for use it as you need.

We don't need to see your Business Plan
By using our services; you will save yourself time and stress of going through a traditional bank loan. Most loans are prequalified within twenty-four hours, and the funds are available within ten days. You do not have to go through the accounting nightmare of having to show business plans or how you intend on using the loan.

Loan and repayment amounts are based on your Sales Volume, so focus on business
Loan and repayment amounts are based on your Sales Volume, so focus on business We base your loan amount on your monthly credit card sales. It is simple and based on your company’s success, not what we think your success will be. You do not have to have collateral, because your sales receipts act as the collateral. Using these services can boost your business’s image or production, without having to worry about future payments.

More Articles You Might Like To Read In Small Business





Recommend this on Google

 

LOOKING FOR A SMALL BUSINESS LOAN
Ultra Fast 24-hr approval process

Start now
It takes less than a minute

Total Funds Required *
 
Purpose of Loan Requested *
 
Type of Business *