AR / PO Financing
Account Receivable Factoring and/or Purchase Order Financing may be the best option to receive the capital you need for your business. Those categories serve as collateral for short term working capital loans that you can obtain fast and cost effectively. Credit rating of the orderer is key in determining eligibility for this loan category.
Acquisition Loans can be used to acquire, refinance, or purchase a business/franchise. There are several eligibility factors which can include the value of the business, experience of the owner, and the past performance of the business.
To take your business to the next level, you need capital. Whether it’s to purchase equipment, to get the resources to take your product national, or something else, business financing will give you the resources to achieve your goals.
Lendio makes business loans simple by matching business owners with thousands of business loans, lines of credit, and other types of financing.
This type of financing will allow a business to borrow against future earnings. Requirements for this type of financing are extremely lenient due to the nature and terms of the loan.
Commercial Real Estate
Commercial Real Estate financing is based upon the value of the real estate offered as collateral, as well as the credit of the borrower. Loan sizes and rates vary depending on the type of loan/real estate.
Equipment Financing is used exclusively to acquire business-use equipment. Approvals are typically based on credit score, collateral, financial history, and value of the equipment.
Line of Credit
Small lines of credit are business credit cards or bank account overdrafts, ranging from a few thousand dollars up to $100,000 in some cases. Approvals are typically driven by credit score, debt ratios, and credit inquiries.
The SBA Microloans Program provides very small loans to new businesses or for small business growth. Microlenders are non-profit organizations that offer government funding to entrepreneurs in specific counties. The non-profit organizations set up their own loan requirements, including collateral and personal guarantees. The non-profits continue to work with the business owners to provide training and technical assistance.
Peer to Peer
A peer-2-peer loan is an alternative to traditional lending in which the borrower receives a loan from another individual rather than al ending institution.
For most business experts and established entrepreneurs, buying an existing franchise through franchise loans presents a lot of advantages not present if you opt to start your business from scratch. Purchasing a franchise, especially a popular one, enables you to start with a large and solid client base, a crucial element during the initial stages of a business venture. Another obvious benefit is that building up the brand does not take much effort in contrast to promoting a new business name.
The SBA provides financing to small businesses when funding is otherwise unavailable on reasonable terms by guaranteeing major portions of the loans made to small businesses. Small SBA loans are generally unsecured or lightly secured loans that provide the lender with government guarantees of up to 90% (reducing the lender’s risk should a borrower default).
SBA 7a Loans
SBA 7 (a) loan program is set up to help specific businesses get financial help. For example, it comprises several other subsidiary programs, such as Export Loan Program, Rural Business Loan Program, etc. The idea is to help businesses with special requirements with their financing needs. Funds are only available in this program for very specific purposes. The goal of this loan program is to spark economic growth by committing more capital to small businesses and entrepreneurs in underserved communities.
SBA Patriot Express Loan Program
For veterans and other military personnel who have longed to have a business enterprise of their own, financing can be a bit of a hassle especially if they do have adequate funds to start their business. But with the Small Business Administration’s (SBA) Patriot Express Program, looking for the right funding source is practically covered. The SBA Patriot Express Program is design to aid veterans and other members of the US military forces to start or expand their business with a funding scheme that offers high amounts with low interest rates.
SBA ARC Loan
SBA ARC loans were set up as part of the 2009 American Recovery and Reinvestment Act. The goal of ARC loans is to help businesses meet short-term financial needs during financial hardship, thus allowing them to stay in business, and sustain and retain jobs. ARC loans are provided by commercial lenders and are backed by SBA.
SBA 504 Loan
SBA’s 504 loan program is for small businesses needing to acquire major fixed assets, to expand, or to modernize. This program provides long-term, fixed-rate financing to encourage community growth and business expansion.
Small Business Loans
Lendio makes small business loans simple. Our technology instantly matches entrepreneurs and small business owners with thousands of small business loans, startup loans, lines of credit, and other business financing options.
Start Up Loans
One of the biggest challenges as a new start up is getting enough capital to get your business off the ground.
Business Loans for Women
Women Entrepreneurs and Business Owners are among the fastest growing and thriving segments of the American economy. Lendio makes is easy for women business owners to find, apply for, and receive the loans they need to fuel that continued growth by matching business owners with thousands of business loans, lines of credit, and other types of financing.