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Business Loans
NEED MONEY TO HELP GROW YOUR BUSINESS?
Requesting a business loan without adequate preparation sends a clear message to the lender: High Risk! Therefore, it pays to be prepared and organized in your approach for financing.
Put your best foot forward by allowing us to prepare a winning loan proposal for you. Our proposals have a high likelihood of success because they're created from the lender's perspective.
You get the money you need because we know exactly what banks want to see. Even more importantly, we know how to prove to them that you'll be able to pay them back.
Our winning loan proposals come complete with...
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Executive Summary: Where we concisely state the purpose of the loan, the exact amount of money required, an explanation of what the loan will be used for and why it's needed.
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Pro-forma Cash Budgets and Financial Statements: We use your data and underlying assumptions to prepare information that your banker can easily read and buy in to.
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Owners Personal Financial Statements: We make copies of the last 3 years of personal tax returns for the bank as well as identify the collateral being pledged as security for the loan.
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Representation: We help substantiate your financial needs/position to your banker in person.
Types of Business Loans
1
Term Loans
You receive a lump sum which you pay in installments over an agreed period, either with a fixed or a variable interest rate.
2
SBA loans
These are government-backed loans available to help small businesses with their funding needs.
3
Business Line of Credit
Similar to a credit card, this allows you to make withdrawals up to your credit limit and pay only for the amount you withdraw.
4
Equipment Financing Loan.
This loan type is used to purchase equipment for the business, and typically uses the equipment as collateral.
5
Invoice Financing
This type of loan allows you to borrow against your accounts receivables. A factoring company may purchase the invoices and collect the payment on their own, or a lender may use the invoices as collateral.
6
Commercial Real Estate Loans
Commercial real estate loans (aka commercial mortgages) can help you finance new or existing property, like an office, warehouse or retail space. These loans act like term loans and may allow you to purchase a new commercial property, expand a location or refinance an existing loan.