A small business loan is more than a line on your credit report: it’s a smart investment in your business’ future. The best business loans fuel growth for your business without any hassle, so you have financial flexibility for your daily operations. A loan helps you cover expenses that not only keep your business running but can help you grow and expand. Whether you need to hire more employees or a short-term cash infusion to cover taxes, LendFi Capital can help you determine the right financing solution for your business.
Small Business Loan
Why a Small Business Loan Can Be a Smart Option
A small business in today’s competitive environment requires hard work, a great product, and excellent service, it also requires capital. This capital must cover an ever-growing list of business expenses such as marketing, branding, legal fees, website, inventory, furniture, equipment, and equity purchases just to name a few. If you are like many of America’s 28 million small business owners, you probably took out a small business loan from a friend, investor, or bank when starting up and recall the limits and restrictions on that capital availability. While brick and mortar banks, and conventional business loans for that matter, are the top choice for most small business owners they are rarely available without substantial collateral and liquidity on the borrower’s part. Conversely, LendFi Capital in conjunction with The Small Business Administration (SBA) actively supports small business owners by giving them strong support and access to the SBA 7a and SBA 7a Express program for commercial real estate financing, working capital, debt refinancing, and other business-related uses.
We do not need to inform you that getting a small business loan can be challenging due to increased regulations and ever more rigid approval standards. Since the financial crisis of 2007-08, less than half of small business loan requests are approved, meaning most companies are simply not getting the cash they need to grow. If you have run into a brick wall when trying to obtain cash for your company, LendFi Capital has some great news! We are fully aware of how difficult it is for small companies to secure funding, and we are here to get you the cash you need to help your business grow as you continue to pursue your entrepreneurial dream. Our team of seasoned processors and account managers will simplify your experience with all the necessary guidance and consulting to start and finish your SBA loan. The first and most simple way to apply for one of our many alternative business loan products is through our website.
LendFi Capital’s free business loan calculator provides you with an instant estimate; you can apply for your loan through our secure website in just minutes. Once we receive it, one of our agents will get in contact with you to help you through the credit review process, so that we can provide you with a decision as quickly as possible. Getting a small business loan from LendFi Capital is quick and straightforward because collateral is limited or not required at all and a high personal credit score is not always required. Working capital loans, merchant cash advances, SBA and flexible business loans are the three alternative loan products that we offer. Each of these options can be customized based on the amount of cash needed, and the term length desired.
Options for Every Need
LendFi Capital makes getting business loans easy. Our clients enjoy a quick and streamlined process. They LOVE how we can obtain business loan approvals ranging from $5,000 to $10,000,000 — often in a few business days for most scenarios!
We use a revolutionary merit-based underwriting system that doesn’t rely so heavily on your personal credit score, unlike traditional banks. That means a bad credit score is not necessarily a barrier to obtaining financing.