Types of Funding
01
Term Loans
These are traditional loans that are paid back over a set period of time, typically between one and ten years.
02
Lines of Credit
These loans are similar to credit cards, in that businesses can borrow money up to a certain limit and only pay interest on the amount they borrow.
03
SBA Loans
These loans are backed by the U.S. Small Business Administration and are designed to help small businesses with their financing needs.
04
Equipment Loans
These loans are used to purchase equipment or machinery for a business, and the equipment itself serves as collateral for the loan.
05
Invoice Financing
This type of loan allows businesses to borrow money against their outstanding invoices, giving them access to cash flow while they wait for their customers to pay.
06
Merchant Cash Advances
These loans are based on a business's future credit card sales, and the lender provides an upfront cash payment in exchange for a percentage of the business's daily credit card receipts.
07
Commercial Real Estate Loans
These loans are used to purchase or refinance commercial property, such as office buildings, warehouses, or retail space.
08
Business Acquisition Loans
These loans are used to finance the purchase of an existing business.
09
Amortizing Loans
These are traditional loans where borrowers make regular payments, consisting of both principal and interest, over a set period of time until the loan is fully paid off.
10
Balloon Loans
These are loans where the borrower makes regular payments for a set period of time, typically several years, and then makes a large lump sum payment at the end to fully pay off the remaining balance.
11
Interest-Only Loans
These are loans where the borrower only pays the interest on the loan for a set period of time, typically several years, before beginning to pay both principal and interest.
12
Revolving Credit
This is a type of loan where the borrower is given a line of credit and can borrow and repay funds as needed, much like a credit card.
13
Bridge Loans
These are short-term loans used to bridge the gap between the purchase of a new property and the sale of an existing property, or to cover other short-term financing needs.
14
Secured Loans
These are loans where the borrower provides collateral, such as property or equipment, to secure the loan.
15
Unsecured Loans
These are loans that do not require collateral and are instead based on the borrower's creditworthiness and financial history.