Businesses come in every shape and size. So do business loans. From mom & pop stores to multi-million dollar operations, the right financing can make all the difference. Finding the perfect loan is what we do best.
No matter the size, one thing common to all construction business is the need for access to quick capital for equipment, supplies and payroll. Because jobs are often paid out over time, keeping crews and subcontractors current with payment is often a cash strapping and stressful ordeal. Money to bridge this gap is essential to maintain company solvency. And having a reliable source of quick capital also increases leverage when bidding on new projects.
Retail shop owners know that a store that can't stock inventory effectively and as quickly as possible is a store that loses sales opportunities. In addition to keeping current customers happy and coming back, being able to identify changing retail trends and capitalize on them in a moment's notice is the hallmark of every good retailer. A ready cash source can be the difference between the empty shelves of a struggling business or the stocked ones of a gold mine.
Manufacturing and Industry
Keeping up with the demands of the market and a growing customer base will ensure larger operations can run to full capacity. As new orders need to be fulfilled so too does manpower and additional machinery. These needs can be met quickly and efficiently with the right funding.
Architectural and Engineering Firms
The power to bid for upcoming work is reinforced by the confidence in knowing the layout for a project is covered through regular short term cash infusions.
Restaurateurs, caterers and cafe owners frequently need a cash infusion to keep things running smoothly. Typical uses are to upgrade or purchase new equipment, expansion, supplies and inventory and for working capital to cover payroll expenses. Oftentimes restaurants engage in many credit card transactions but deal with very little cash in the baking ledger so it may be necessary to have a look at merchant processing statements as well.
Logistics and Transport
Fleet expansion, equipment overhauls, new vehicle purchases, and working capital for drivers are necessary for success in the ultra competitive transportation field. Many truckers spend their entire careers as owner operators or one man operations because the expense of expanding the fleet is too prohibitive. Access to capital for maintaining current contracts and/or acquiring new routes can drive transportation companies into growth to stay ahead of the competition
Personal Service and Tradesmen
The service and trade industry is stacked with talented people who are able to provide their skills to a demanding clientele. Clientele who want what they want when they want it. As is the case, skill is only half the battle- a ready access to cash for supplies, tools and equipment is a must-have.
In an ever changing (and unpredictable) landscape doctors and healthcare specialists must maintain cutting edge technology and equipment or suffer the consequences of becoming obsolete. As equipment leasing options become more difficult to acquire, unsecured loans help secure the financing for expensive upgrades to machinery, technology and office upgrades.
Time in Business – 6 mos
Minimum Revenue – $15k monthly
Credit Score – case specific
Type – SP, LLC, Corporation
Lines of Credit
Short-term bridge loans