Need Working Capital?
Interest-Only Revolving Line of Credit
With today’s inflationary instabilities and supply chain debacles, now more than ever franchise owners must be financially prepared to pivot at any moment. That means quick access to the most affordable capital is essential to keep pace with the challenges they face. We understand those changing needs and has recently introduced a new Interest-Only Revolving Line of Credit to help franchisees maneuver as quickly as the market changes.
Revolving Line of Credit
Your business is always evolving. Wouldn’t it be great to have quick access to a financial product with the flexibility to evolve with it? Now you do! Our Revolving Line of Credit, provides the maximum loan approval up to $1 million, a fixed loan term up to 36 months, and a fixed weekly payment – plus the unique flexibility to draw additional funds or make partial principal paydowns on an unlimited basis during the revolving period!
Interest-Only Flex Pay Loan
Our most aggressive interest-only product in the marketplace, is our Interest-Only Flex Pay Loan. Well, we decided to make it even better. We believe growing your business shouldn’t mean sacrificing your cash flow, and with our new and improved Interest-Only Flex Pay Loan it doesn’t have to. Now you can quickly access loan amounts from $50,000 to $750,000 with low, interest-only payments for up to a year! Even bettter, it also carries a Line of Credit with unlimited draws for up to a year. After the interest-only period, you have the option to pay the principal, or we’ve created the perfect safety net – a built-in rollover amortization up to 2 years.
Flex Pay Loan
A Flex Pay Loan is a unique form of short-term, unsecured debt that allows borrowers like you the flexibility to defer up to 50% of their loan principal to a predetermined point in the future. This results in a lower loan payment amount that helps you maximize cash flow. You can seize high ROI growth opportunities NOW and DEFER repayment until later when they are in a better position to repay.
Repayment options are incredibly flexible, too. You can roll your balance into the future, amortize the deferred principal into your payments over time, or refinance the loan altogether. Early payment options provide benefits to business owners able to repay sooner.
Business Line of Credit
You’ve got big plans to grow your business, but all you’re missing is the capital to make it happen. Whether it’s an expansion project, renovations, some new equipment, or another location, we have your back. Our Line of Credit quickly puts up to $750,000 at your fingertips. Use the funds as needed and only pay for what you borrow. The initial line can be approved in 24 to 48 hours, with 24-hour access to 5 separate loan drafts over the next 6 months.
Even without an immediate need, business owners are establishing lines of credit now.
Working Capital Loans
A working capital loan is a financial product designed to help restaurant and small business owners fund their everyday business operations. Working capital loans can provide the funding your business needs without the long wait of a traditional bank or the hidden fees and payment surprises of a merchant cash advance. Our approval process is streamlined with minimal documentation, and funding can occur in a matter of days! Our loan terms are fixed so your payments won’t fluctuate and the interest you pay is tax deductible, further lowering your cost of funds. If you’re looking to infuse your business with cash quickly, our working capital loans are just the thing you need!