Understanding Small Business Loans
Small businesses often require different types of financing to support their growth, manage cash flow, and invest in new opportunities. As a small business lender, we specialize in brokering a variety of loan types tailored to meet the specific needs of small companies. Our offerings include SBA loans, MCA cash advances, and lines of credit, catering to diverse business requirements.
SBA and MCA Cash Advances
The Small Business Administration (SBA) loans are a popular choice for small businesses due to their favorable terms. They offer low-interest rates and longer repayment periods, making them an affordable option for many. On the other hand, Merchant Cash Advances (MCA) provide quick access to funds based on future credit card sales. This can be a lifeline for businesses needing immediate cash flow solutions without the stringent qualification criteria of traditional loans.
Lines of Credit for Small Companies
For businesses looking for flexible financing options, lines of credit can be an ideal solution. Unlike term loans that provide a lump sum amount, a line of credit allows businesses to draw funds as needed, up to a specified limit. This provides the flexibility to manage short-term financial needs and unexpected expenses efficiently.
Real Estate and Non-Conforming Loans
Our expertise extends to real estate loans, including DSCR loans for rentals and investment properties. Debt Service Coverage Ratio (DSCR) loans focus on the property’s income potential rather than the borrower’s personal income, making them suitable for investors. Additionally, we offer home equity lines of credit (HELOCs) and no-doc mortgage loans. These non-conforming loans cater to borrowers who may not meet the conventional loan requirements but still need access to real estate financing.
Understanding the various financing options available can help small business owners make informed decisions about their borrowing needs. Whether it’s securing an SBA loan, managing cash flow with an MCA, or investing in real estate with a DSCR loan, we are here to guide you through the process and find the best solution for your business.