Types of Business Loans and Financing Available

Business owners have several types of funding choices, based on various factors about your business. Some of the programs available through Business Credit Services™ are:

SBA Business Loan

Loans to small businesses from private-sector lenders (banks, etc.) which are guaranteed by the SBA. The SBA has no funds for direct lending or loans to small businesses with long-term, fixed-rate financing for major fixed assets, such as land and buildings. CDCs work with the SBA and private-sector lenders to provide the financing.

Secured - Working Capital Loans

Seeking to convert company or personal assets into working capital. Giving a security in an asset(s) in exchange for cash.

Unsecured - Working Capital Loan

Loans for working capital that are unsecured, only based on the credit worthiness of the applicant.

Commercial Real Estate Loans

Commercial real estate loan with fixed or variable terms.

Accounts Receivable Factoring

Accounts receivable serve as collateral for short-term working capital loans that you can obtain fast and cost effectively.

Merchant Account Cash Advance

Up to a $50,000 advance against regular occurring monthly merchant credit receipts.

Start-up Loans

Loans for start-up businesses

Franchise Start-up Loan

Specialized financing reserved for the franchisees of recognized, typically nationally known, franchises.

Business Acquisitions

Loan to acquire an existing business

Lines of Credit

A pre-arranged amount of credit based upon existing inventory, A/R and PO's or Up to $200,000 in business credit based upon credit worthiness with no collateral.

Professional Loans

For Doctors, Dentists, Lawyers, CPAs, etc.

Equipment Financing

Loans to purchase equipment, with the equipment to be used as the collateral on the loan.

Equipment Sale-Lease Back

If you have existing equipment, sell it and then lease back the equipment. Essentially you get cash for your equipment and then you lease it back from the lender.

Equipment Leasing

An easier way to find financing for your equipment needs and obtain tax benefits at the same time.

Construction Financing

Loans for home or commercial construction.

Residential Equity Lines

Lines of credit secured by the equity in your residence.

Residential Mortgage Lending

Loans for residential homes at the current interest rates in the market place.

Hard Money Equity Loans

Loans available that are typically hard to obtain from a local bank lender.

Multi-Family Real Estate Loans

Loans for real estate investors.

Business Only Loans

Loans can be obtained in the business name without the use of personal credit as long as the business can justify the loan amount and ability to pay it back.

Before Applying for a Business Loan...

Before attempting to obtain a business loan it is essential to have a written business plan in place. Business Credit Services™ offers an array of business planning services and products that focus on developing a high quality business plan for your company no matter your financial needs. If you are ready to develop a full-length, investor ready business plan, visit our business plan website.