Loans for small businesses
Why a small business loan?
A small business loan is simply money you borrow to help pay for what your business needs. Use our small business loan to pay for virtually anything you need for your business, including:
- Equipment financing
- Location expansion
- Hiring new employees
- Marketing campaigns
- Upgrading technology
- Debt consolidation
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Additional inventory
Types of Small Business Loans
Working-capital loans –
Working capital gives small businesses the ability to keep operations going while they increase their revenue streams.
Equipment loans
Loans for equipment provides financing for office equipment, tools, computers and mobile devices, machinery and vehicles necessary for running your business.
Professional practices
loans for professional practices help service providers in industries such as legal, accounting, insurance, health care and others to purchase real estate, renovate office space or refinance debt.
Features of our small business loan program:
- Financing amount based on gross revenue
- Simple repayment terms
-
minimize cash-flow strain
- Higher approval rates than traditional lenders
Benefits of our Small Business Loan program:
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Higher Approval Rates
Approval for funding is based on the overall health of your business, not just FICO score. -
Daily Repayments
Daily or weekly scheduled payments mean no large lump sums are waiting for you at the end of the month.
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Flexible
We offer terms up to 18 months and business funding amounts ranging from $5,000 to $1,000,000 so you can unlock your success.
How to Prepare Before You Apply
When you know you need business funding, you can prepare before you apply for a small business loan by asking three questions:
1. What are you going to fund with the money?
2. How much do you need to accomplish that goal?
3. How long will you take to pay it back?
Small Business Loan Requirements
Here are the two main requirements we look at:
1. How long have you been in business? More than 12 months?
2. Is your monthly revenue $5,000 or greater?
Ready to Apply?
We’ll need a few pieces of information to get started processing your application, so have these documents handy:
- Government-issued photo ID (Driver’s License, Passport,ect..)
- Voided check from your business checking account
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Last three statements from your business bank account
Strategic Cash Advance is the partner you can count on to help grow your business – the way you want.
Our team of dedicated business advisers (yes, they’re real people!) will work with you to figure out your goals before recommending a funding solution that’s tailored to your needs.