Types of Business Loans
Equipment Financing and Leasing
Many companies have to invest in equipment to grow their business and improve overall efficiency. Equipment Financing or Leasing is an ideal way to acquire new equipment without investing a significant amount of capital upfront.read more
Account Receivables Factoring
With the challenging economic environment, Accounts Receivable Factoring has become an important option for many small and medium companies. By offering Accounts Receivable Factoring services, we can help you alleviate short-term cash flow shortages by enabling you to use your Accounts Receivable as security for short-term lines of credit or cash.
SBA provides loans for people who are looking to start a business, acquire a business or expand an existing business. SBA participates in a number of loan programs designed for business owners who may have trouble qualifying for a traditional bank loan due to lack of a credit history or risky nature of the investment. The SBA guarantees a portion of the loan which allows us to give the loans on flexible terms and at very low interest rates.read more
Business Line of Credit
A Business line of credit is offered like a credit card for businesses for a lot of different reasons. A business will have a predetermined amount of credit with one of our banks and can use it over time as needed for working capital. The amount issued for a business line of credit depends on the business’s credit rating and cash flow.