Options for small company finance that can help enterprises
Small businesses may grow big with Employer Capital.
Providing over 30,000 small companies with quick and inexpensive funding.
What is Small Business Financing?
Business finance is when a small business obtains funding that is utilized just for business reasons, such as a business loan, line of credit, or merchant cash advance. In actuality, the majority of companies rely on small business funding to support a number of their demands. Small company funding can be used for everything relating to a firm, including marketing initiatives, location growth, and general operating cash.
Employer Capital has developed financing options to address the needs of small businesses since we are familiar with how they function. Our funding alternatives provide small businesses with the operating money they require when they need it most by providing a straightforward application process, transparent terms, and flexible payment choices.
An application is the first step in the process so that we can learn more about your small business. Our team will work hard to transfer your company’s cash as soon as feasible if we’re a good fit and your firm is ultimately approved. Check out our financing alternatives to determine which is best for your company!
Business Financing Options
Perfect for getting money all at once with set conditions and payments. Small businesses are excellent for filling cash flow gaps, making one-time equipment purchases, seizing fresh opportunities, or finishing large projects.
Merchant Cash Advance is excellent for companies looking for greater flexibility because the advance offers variable payments dependent on receivables such as credit card purchases.
A business line of credit is a versatile funding choice that operates rotating. It gives companies access to a predetermined amount of working capital funds they might use as needed. It is helpful for unforeseen costs and serves as a buffer for cash flow during lean periods.
Bridge loans are short-term loans that companies can get while they find long-term funding or pay off existing debt. Excellent for companies that want rapid cash flow to pay recent obligations.
An SBA Loan is a long-term, low-cost small company loan that may be used for commercial purposes and is partially insured by the government.
Accounts receivables, also known as Invoice Factoring, enable businesses to convert past-due invoices into quick cash.
Asset-based loans are based on corporate assets pledged as security to obtain business funding. This enables you to borrow money to pay bills or make investments continuously.
To assist small businesses impacted by COVID-19, Employer Capital established our Government Aid Division.
The Employee Retention Credit (ERC) Program is our area of expertise.
The U.S. government grants R&D tax credits worth billions of dollars annually, yet many businesses fail to take advantage of them. Getting the money you deserve is simple with our help.
To optimize your return, we’ll assist you in assessing your clients eligibility and document your procedures.
Small Business Financing Questions to Consider
A merchant cash advance is a fantastic option for companies that accept credit cards, have a large volume of accounts receivable, or are seasonal. Payments are flexible because they are based on the companies’ credit card sales or other receivables. A small business loan might be a better option for a business if it wants a higher financing amount and fixed payments.
You can choose the best option for your company based on how long it will require working capital. Regarding financing for shorter periods, merchant cash advances and lines of credit offer the most flexibility. Since your company may have up to 60 months to repay a small business loan, they are excellent for long-term financing.
While some small business financing does consider your credit score, most commercial financing firms place more emphasis on your company’s success. A line of credit might require a higher credit score, whereas some financing options, like a merchant cash advance, typically allow for a lower credit score.
Since you can access a predetermined amount whenever your business needs it after approval, lines of credit may be the best option for business financing.