Types of available Small Business Credit.

It’s all about Cash Flow!.....Most Small Business Owners do not realize that there is a massive amount of financing options currently available for small businesses to help them enhance their cash flow. Business credit is one financing type that works perfect for many businesses.

Here are some other options that if used properly, can protect your cash flow. The key statement is “IF USED PROPERLY”.
•Over 80% of US businesses use Equipment financing to obtain equipment. Business owners can get financing, even leasing to help with the purchase of equipment, even heavy equipment. And business owners can also use equipment, they already own, as collateral and get cash back through an equipment sale-lease-back.
•Vehicle wrap financing is a specialized niche type of financing that gets business owners funding to put a graphic wrap on their vehicle.
•Commercial signage financing is another nice program that business owners can use to obtain signage for their business.
•Stocks and securities can be used as collateral for a business owner to obtain a line-of-credit up to 90% of the value of the stocks. Rates on these programs are the lowest of all type of business financing.
•Business owners with a 401k can use that 401k as collateral and get financing for up to 200% of the 401k value. Plus, rates are typically less than 2% for 401k financing.
•Merchant advances are another type of financing business owners can qualify for if they accept credit cards now. These are not loans, but actual cash advances against future credit card sales.
•Revenue lending is a similar program that uses future cash flow as collateral for financing. Even business owners with bad personal credit can qualify, and get approved within 72 hours or less in most cases.
•Business owners with account receivables can get financing within 24 hours at rates less than 2%, even if they have flawed credit. Account receivable financing is perfect for many industries including the medical. government contractors, construction industries, and any others that has receivables with their customers.
•Companies can also get purchase order financing to obtain letters-of-credit to fulfill purchase orders.
•Inventory financing can be obtained to purchase inventory, or borrower against inventory a business owner already has and get a working capital line-of-credit.
•SBA offers two main programs that can really help business owners. Loans can be obtained up to 12 million dollars. SBA 7a loans are great for working capital, while 504 loans are perfect for real estate purchases.
•There are many private investors, crowd sourcing groups, and angel investors who also have money to lend. If a business owner has a project, that makes sense and needs funds, sometimes, private money is the best way to go when lenders say no.
•Business owners can also qualify for commercial real estate financing. Money can be obtained to purchase real estate, and cash-out refinances are also readily available.
•Business owners can even obtain auto vehicle leasing in their business name through many types of business leasing programs.
•Real estate flippers can take advantage of a very special program known as a house reseller program. With this financing can be obtained for 100% of the purchase and rehab costs of properties.

Bottom Line: There are a multitude of financing options a business owner has access to if they know what to look for. If you need any assistance determining what your company could qualify for, please feel free to contact me.