Business Funding Options


When it comes to seeking business funding, there are a number of options available,

whether your business is a new startup, or you're already established,


For example, depending on your business, and the kind of money you're seeking, you might consider venture capital. Or angel investors. Of course, traditional banks have always been a source for commercial loans.


There are advantages and disadvantages to each of these, which will be explained in greater detail. Regardless of the avenue you choose, you should have a solid business plan in place. As well as a realistic re-payment plan, or exit strategy.


Lenders, whether they be venture capitalists, angel investors, banks, or private investors, want to know they will be repaid for investing in your business.


Venture Capital Or Angel Investors For Business Funding

business funding

If you're a new start up, and especially if you're needing to borrow upwards of $500,000, you might consider venture capital. Venture capitalists are responsible for investing other peoples' money. And they tend to have deep pockets. Average investments can range from a half million to $5 million.


Since they're responsible for investing other peoples' money, venture capitalists tend to take very conservative risks. As such, and unless your business is likely to turn a tenfold profit in the next 3-5 years, venture capital might not be a viable source for funding.


Understand that with venture capital, you'll very likely have to give up a sizable piece of your company. Its not uncommon for them to ask for a handsome stake or control of your business.


Also, if you're needing funding in a hurry, venture capital might not look so attractive. Decisions can take several months before you know whether or not you've been approved.


With that in mind, you might want to consider an angel investor. If you're approved, you can get financed quickly. Angel investors are often wealthy investors, or other individuals. They tend to be attracted to funding businesses for a higher rate of return than investing in other markets.


However, just like venture capitalists, angel investors may also seek greater control of your business. Since they, too, don't like to take risks, they may ask to be granted more decision-making than you may be comfortable relinquishing.


Commercial Banks: An Option For Funding Your Business


Historically, banks have served as a source for business financing. However, banks are less likely to loan to a new start up. New businesses are seen as far too risky, as most new businesses fail. And bank regulators are tasked to keep despositors' money safe. Also, most new businesses lack the needed collateral to help cushion the risk.


With that being said, banks do lend to more established businesses that have demonstrated both stability, as well as having the collateral, either in inventory and/or accounts receivable.


In spite of that though, many business owners today are finding banks approving fewer and fewer commercial loans. Because of the recent economic crisis, banks have toughened credit guidelines, making it harder for businesses to get approved for commercial loans.


Private Lenders: A Reasonable and
Attractive Business Funding Alternative

commercial loans


Contrasted with venture capital, angel investors, and traditional banks, and in light of today's tight credit markets, private lenders are aggressively moving in to fill this void left by conventional lenders.


A number of points make private lenders an attractive and viable option:


1. Less strict credit score requirements. Private lenders weigh a number of factors, with less focus on FICO scores. For example, the value of the real estate or property, as well as cash flow, monthly credit card receipts/bank statements, and the accounts receivable are more important than simply a great FICO score. That's not to diminish the importance of having good credit though.


2. Private lender funds aren't regulated by the FDIC, so they're able to make their own underwriting decisions, based on their guidelines.


3. The window of time, from application to funding, can be much shorter than with a bank, or venture capital. Funding can often take place in a few days, rather than several weeks or more!


4. Competitive interest rates comparable to banks. Many private lender commercial loans rival, and are as attractive as loan rates at traditional banks.


Read more about private lender-based, unsecured business loans.



Be sure to visit these pages to learn more about business funding:


- business start up funding

- funding for starting a business

- funding for small business

- funding a business

- business funding solutions

- finance a business

- minority business funding

- franchise business funding

- business funding Canada

- business funding UK

- business receivable funding

- how to finance a business


If you need a private commercial loan for your business, scroll down to our quick commercial loan application below. To apply for an unsecured business loan, go here.



QUICK COMMERCIAL LOAN APPLICATION


We provide free, no obligation evaluations, with no upfront costs, or expensive fees for approval to our private lender programs.


- Minimum loan amounts for commercial projects: $100K with no maximum.


- No pre-payment penalties on programs offered.


We will respond to your loan application within 24 hours!

Commercial Loan App

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Merchant Cash Advance and

Working Capital Loan Programs

are available in:


Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming


Commercial loans are available in:


Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware,

 Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming


COMMERCIAL LOAN PROGRAM HIGHLIGHTS


Commercial Real Estate Programs

· Lending Area: Nationwide & International


· Loan Size: $100,000-no maximum


· Rates as low as 3.74%

· up to 90% LTV


APPLY HERE

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Commercial Development & Construction Loans

· National & International


· $2MM-$50MM


· Interest Rate: 5-9% Fixed (1% for churches)


· Amortization: up to 25 years


· Zero fees


· Points: Up to 3%, paid at closing


· Term: 5 yrs; also can structure a construction to permanent loan with interest only during draw down periods.


APPLY HERE

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Hard Money Loans Rates and Criteria:

· Loan Size: $100K-$100MM


· Lending Area: National & International


· Collateral: We lend to mainly on commercial real estate, including raw land and development projects


· Interest Rates: 7-14% (rates depend on collateral)


· Amortization: Interest only


· LTV: Up to 80%

· Origination Fee: 1-4%

· Closing time: 1 week to 30 Days


APPLY HERE

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Bridge Loans

· Loan Size: $1MM-$15MM


· LTV: Up to 75%


· Rate: 5-7%


· Term: 1-3 years, Interest Only


· Property Types: Office, Retail, Industrial, Multi-Family, Manufactured Housing, Condominiums, Self Storage, Special Use, Hospitality, Assisted Living/Congregate


APPLY HERE

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Unsecured Business Lines of Credit

· $25,000-$100,000 (start up businesses with no established revenue and business owner with good credit)


· $100,000-$500,000 (established businesses w/ revenue of $1MM or more; no collateral if good credit and financials)


· 0% intro rates on business credit card solutions, to 1-5% over prime for large credit lines.


· No "subprime" unsecured lines


APPLY HERE

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Click Here To Apply for A Business Cash Advance or Working Capital Loan


Bank ACH or Credit Cards


90% Approval Rates (for most industries)


- Minimum 4 months in business and $8,000 avg. monthly revenue


- No Collateral Requirements; Bad credit is OK


- One Week Funding


- Borrow $5K-$500K in as little as 24 hrs


- Short, simple loan process


- Streamlined underwriting

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Restaurant-Retail, 
Small Business Loan Program


  • · Unsecured Loans up to $1,000,000 per location

  • · No Collateral Required

  • · Minimum Annual Sales: $150,000

  • · Minimum: 550 FICO

  • · Must be in business at least 1 month to document sales

  • · Loan amounts below $150,000 require NO tax returns or financial statements


APPLY HERE

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Customer Finance Programs for Businesses

· Can finance your customers down to a 500 FICO;

can finance your turndowns from your current credit provider


· Instant online credit processing and approval


· E-signature capabilities


· Can purchase or collect bad debt portfolios


· Industries include: Medical, Dental, Jewelry Retail, Furniture, Memberships, Private school tuition, Security/Alarms, Vocational Schools, Travel, etc.


APPLY HERE

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Click Here to Apply for

A Private Lender Commercial Loan


- Zero upfront costs, zero fees for approval to our programs.


- Minimum loan amounts: $100K for commercial building projects, with no maximums.


- No pre-payment penalties on programs offered.

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Click Here To Apply for A Merchant Cash Advance or Working Capital Loan


- Bank ACH or Credit Cards


- 90% Approval Rates (for most industries)


- Minimum 4 months in business and $8,000 avg. monthly revenue


- No Collateral Requirements; Bad credit is OK


- One Week Funding


- Borrow $5K-$500K in as little as 24 hrs


- Short, simple loan process


- Streamlined underwriting

_________________________


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