A lump sum of money that is repaid over a set period of time with interest. Best for large purchases or investments in your business.
A flexible type of funding where a borrower can draw on a set amount of money as needed, paying interest only on the amount borrowed. This is best for covering short-term expenses or managing cash flow.
A lump sum of money advanced to a business in exchange for a percentage of future sales. Repayment is made through a portion of the business's daily credit and debit card sales.
A solution that is secured by an asset, such as equipment, inventory, or property. Collateral reduces the lender's risk and often leads to lower interest rates.
A financing option where a business sells its outstanding invoices to a third-party factoring company for a percentage of their value, which provides immediate cash flow.
These products are guaranteed by the Small Business Administration. SBA products often have lower interest rates and longer repayment terms than traditional products, but they can be more difficult to qualify for.
