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USDA Loans
24th Dec 2021nationalcapital
USDA Business and Industry financing are loans provided through a government program specifically targeted to rural small businesses to help bolster lending to creditworthy borrowers. The purpose of the program (administered by the Rural Business and Coop Program — part of the USDA’s Rural Development) is to improve economic health in rural areas with populations …
moreInvoice Financing
24th Dec 2021nationalcapital
Invoice financing is a business-to-business transaction that provides a company the ability to leverage unpaid 30, 60 and 90 day invoices to obtain specialized short-term business financing before your customer actually pays the invoice. With invoice financing (often called other terms like “factoring”, “invoice factoring”, “accounts receivable factoring”) a lender will provide specialized asset-based financing …
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moreEquiptment Financing
24th Dec 2021nationalcapital
Equipment financing relates to any and all forms of financing businesses use to obtain commercial equipment. Types of equipment financing include equipment loans, equipment leasing and equipment sale-leaseback. Each equipment financing option varies in credit and capital requirements, structure of the financing facility, along with rates, terms and fees. Leasing equipment allows companies to obtain …
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moreMerchant Cash Advance
24th Dec 2021nationalcapital
Merchant cash advances are not loans but instead a business-to-business transaction that involves the selling of a company’s future credit card sales or a portion of the company’s bank deposits to a commercial lender in exchange for an upfront lump sum of funding at a discount. Loan sizes range anywhere from $5,000 up to $2,000,000 …
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moreBridge Loans
24th Dec 2021nationalcapital
A bridge loan used for business purposes is a temporary financing facility that provides short-term funding until a permanent is in place, or until a commercial debt obligation is removed. Bridge loans range between 1-12 months with either a single repayment often (but not always) provided at the end of the term, or a serious …
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moreWhat are Term Loans?
22nd Dec 2021nationalcapital
Term business loans are a standard debt financing facility with standard payments (usually monthly) with a maturity and amortization schedule, ranging from anywhere in 6 months to 30 years in length (depending on use). Term loan sizes for small and medium-sized businesses can be as small as a few thousand dollars, and can range up …
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moreWhat is a Business Line of Credit?
22nd Dec 2021nationalcapital
A business line-of-credit is a type of flexible pre-approved commercial financing in which a maximum loan balance is set by a bank or lender in which the borrower can draw on the funds whenever they wish. A line-of-credit can range in sizes from $5,000 for very small businesses, to well over $5,000,000 for mid-size companies. …
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moreSBA Loans
22nd Dec 2021nationalcapital
SBA Loans are bank and commercial loans provided to new and existing small businesses that are backed by the United States Small Business Administration. The purpose of SBA lending is to provide financing for small companies that haven’t been able to secure traditional bank financing. The bank or SBA lender provides enhanced financing to the …
moreAsset Based Financing
22nd Dec 2021nationalcapital
Asset based business lending (ABL) is a types of commercial financing in which funds are provided after they are secured with assets on a company’s balance sheet. Such asset based loan collateral may be accounts receivable, commercial real estate, equipment or other business assets. Asset based lending usually comes in two types of facilities: term …
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