Small Business Financing:
Deciding On The Best Funding Options

When it comes to small business financing, many small enterprises need to have access to good financing options for the purpose of business expansion, or for meeting their advertising and marketing needs, in addition to other reasons.


However, it may be a difficult task to obtain funds for small business owners, unless they have a solid personal savings or support of family or friends, who are willing to provide financial assistance.


In such times, it is better to look at small business financing options that can provide short term business loans on flexible terms and conditions.

Small Business Financing Hurdles

There are a few things that small business owners have to keep in mind before approaching banks and other lending institutions for business loans. It is important to have a good credit history, with a solid business history to obtain loans from these traditional lending agencies.


Definitely, the most crucial factor for deciding on offering loans to companies depends on their creditworthiness and their market standing.


Thus, some businesses may not be able to acquire loan approvals from these institutions due to lack of good credit scores. They may have to look at alternative financing sources for their business.


In addition, there are many strict rules and guidelines laid down by the banks and lending institutions that makes it tough to gain financial assistance. The application process is more complex and time consuming, and with longer waiting periods that may not be suitable for every business.


Especially, small businesses need to fulfill many financial obligations, including clearing off their debts, paying salaries or purchasing some equipment or machinery for their business.

Private Lenders Can Provide Better Small Business Financing Solutions

Typically, many private lending agencies offer a range of financial options, including small business loans and other types of loans designed for small enterprises. Most of these private lending agencies have easier and more flexible terms for loan repayment, which can help small companies better manage their existing finances in a more efficient manner.


In some cases, companies need not be worried as much about not having collateral to offer as security to these lending agencies as they can still avail of loan assistance through these private lenders.

 

There are different kinds of business loans that are offered by these agencies including bridge loans, equipment leasing and financing, mezzanine financing, construction loans, merchant cash advances and small business loans to name a few.


Most of these business loans can be used for a variety of business purposes and there are usually no restrictions on their usage.

Small Business Financing: Making the Best Investment Decision

Private lenders can sometimes provide assistance to start-up companies by offering them business start-up loans. Look for lenders who offer various financing options suitable for many different types of businesses.  


Also, look for private lenders who have a wealth of experience in dealing with different kinds of customers and unique business situations; that make them understand the value proposition of every business and their demand in the market.


Some private lending agencies cater to a wide variety of small enterprises and industries, ranging from restaurants, medical, dental, retailers including construction companies and hospitality sectors, among others.

  

Business Funding Advisors are leaders in providing financing solutions to all kinds of commercial enterprises, small, medium to large-sized businesses that require commercial loans.


Our vast experience and expertise in the area of commercial financing helps us with a greater understanding of the unique funding needs and requirements of the business owner to serve them better.


To apply for a business loan, scroll down to our quick loan application below. If you're applying for a merchant cash advance, fill out our application here.


Restaurant-Retail Loan App

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Return to Business Loans from Small Business Financing


Small business financing is available in:


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

___________________


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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