Business financing, explained plainly
Six ways to fund a business. Each page explains how the product works, what it typically costs, who qualifies, and when a different structure would serve you better.
Business Term Loan
A fixed amount, a fixed term, a fixed payment.
A term loan is the oldest instrument in business finance and still the cleanest. You borrow a sum, you repay it in equal installments over one to five years, and the payment never changes.
Read moreBusiness Line of Credit
Draw what you need, when you need it, pay for what you use.
A landscaping company in New Jersey buys its mulch, plants and fuel in March and gets paid in June. A staffing agency pays its people every Friday and invoices its clients on net 45.
Read moreEquipment Financing
The equipment is the collateral, so the terms are better.
A lender who can repossess a truck sleeps better than one who cannot, and the difference shows up in your rate. Equipment financing pays for a specific asset, a Freightliner, an excavator, a CNC machine, a dental chair, a walk in cooler, and takes that asset as security.
Read moreSBA Loan
The lowest rates and longest terms available, for those who can wait.
An SBA loan is a bank loan with the federal government standing behind part of it. The guarantee lets the bank lend where it otherwise would not, at rates the programme caps, over ten to twenty five years.
Read moreRevenue-Based Advance
Fast capital repaid as a share of sales. Know the whole number first.
A revenue-based advance, or merchant cash advance, is the sale of a slice of your future receipts for cash today. The funder wires you $100,000 on Tuesday.
Read moreInvoice Factoring
Turn invoices due in sixty days into cash this week.
A trucking company delivers a load on Monday and is paid by the broker in forty five days. Diesel, the driver and the insurance are due now.
Read moreNot sure which fits?
Apply once. A member of our team reads your statements and recommends the structure your cash flow can carry, which is sometimes a different product from the one you had in mind, and sometimes the advice to wait.
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