Getting funding for a new business can be tough, especially in the early stages. hat's where start-up funding comes in handy. It helps young businesses that might not qualify for regular bank loans.
We offer a quick and easy way to get funds for your business, whether you're starting something new or growing an existing venture. You can compare different funding options and choose the one that fits you best.
No matter if your business is just starting out or already established, we've got the right funding option for you.
Here's a tip: Create a solid business plan that includes a forecast of your future revenue and sales. This helps you figure out how much funding you need and where to find it. Plus, a good business plan can attract investors to your business.
Get the funding you need, quickly and safely, with us.
Apply in as little as 10 minutes, with a decision as soon as the same day—all to save you time
SBA funding is financial assistance for small businesses partially guaranteed by the US federal agency, Small Business Administration. Committed to supporting the growth and development of small businesses, SBA collaborates with lenders across the nation to offer funding with flexible terms and low interest rates. In essence, SBA funding is provided by private lenders and backed by the government. SBA guarantees a portion of the funding and repays it if the business is unable to do so, reducing the risk for lenders and making it easier for businesses to access funding. SBA funding can be an excellent option for businesses that might face challenges qualifying for traditional bank financing.
Selecting the appropriate funding option for your budding enterprise can be a game changer. At Fund My Biz, we provide you with a diverse range of start-up friendly SBA funding options.
Diverse funding options and flexible repayment terms are offered to cater to your specific needs.
An extensive team of U.S.-based financing advisors is available to assist you in finding the ideal solution.
No matter how well you plan your business, there might come a time when you need to raise funds urgently. It could be for buying inventory, keeping cash flowing, or covering any other short-term financial needs. That's where a Business Line of Credit (LOC) can come in handy.
A business line of credit is like a safety net for your short-term cash needs. It's a flexible type of funding that lets you borrow, repay, and borrow again whenever you need to. You only pay interest on the amount you actually use from the credit line.
There are two main types of LOCs: secured and unsecured. With a secured LOC, you have to offer something as collateral, like accounts receivable or inventory. But for an unsecured line of credit, you don't need to provide any collateral. Usually, a strong credit history and a good track record in business can help you qualify for an unsecured line of credit.
If your business frequently needs quick access to funds for short-term needs, a business line of credit could be just what you need.
Benefits:
Equipment financing is a helpful way to get the tools you need for your business without putting too much strain on your budget. Buying expensive equipment all at once can be tough for small businesses, and even big companies might prefer a more flexible payment plan. That's where equipment financing comes in handy.
Here's how it works:
Instead of paying for the equipment all at once, you make smaller payments over time. Plus, the equipment you're buying acts as collateral, so it's a secured loan.
At our company, we offer quick and easy funding options to help you get the equipment you need for your business. Just tell us what you're looking for, and we'll find the best financing option for you.
Accounts receivable funding helps businesses raise working capital by using their outstanding invoices as collateral. When businesses extend credit to their customers, it can lead to cash flow shortages. In such cases, companies can borrow money based on the value of their receivables. The company commits some or all of its outstanding invoices to the funders and receives a fraction (up to 90%) of the value of the receivables. However, the company remains in charge of the receivables.
Waiting for unpaid invoices can strain your business. With accounts receivable funding, you can quickly access working capital without needing other valuable assets as collateral. It's a fast and straightforward option suitable for businesses of all sizes. We assist you in managing your receivables smartly and help you maximize the benefits of accounts receivable financing.
Merchant cash advance is a different way to get money for your business when you can't get a traditional loan. It's for businesses with low credit scores or not many assets. With a merchant cash advance, you can get money based on your card sales.
If your business makes a good amount of sales through cards, this could be a good option for you.
Here's why:
You don't need to put up anything as collateral, like a house or a car. Instead, the lender gives you money in exchange for a part of your future card sales. You pay them back from your daily or weekly card sales. This gives you more flexibility in managing your money.
Merchant cash advances are also really quick. If you need money fast and can't get a regular loan, this could be a good choice. It's a faster and easier way to get the money you need right now.
Copyright © 2024 Quick Capital LLc. - All Rights Reserved.
We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.