You need a business loan, but a regular business term loan just won’t do the job. In fact, most loan types don’t seem to fit your needs. You need funding for your day-to-day expenses and smaller investments, not for one large expense. Furthermore, the strict payment schedule of a business term loan doesn’t fit with your current needs. Sound familiar? Then consider a working capital loan. These loans work differently from most other business loans. Talk to us at United Capital Source to find out if a working capital loan is your best option or keep reading to get a closer look.
Compared to other loan types
|Loan types||Max Amounts||Rates||Speed|
|Merchant Cash Advance||$7.5k – $1m||Starting at 1.09||1-2 business days|
|SBA Loan||$50k-$10m||Starting at 5%||3-5 weeks|
|Business Term Loan||$10k to $5m||Starting at 5%||1-3 business days|
|Business Line of Credit||$10k to $250k||Starting at 8%||1-3 business days|
|Receivables/Invoice Factoring||$50k-$10m||Starting at 5.8%||1-2 weeks|
|Equipment Financing||Up to $5m per piece||Starting at 5%||3-10 business days|
|Revenue Based Business Loans||$10K – $5m||Starting at 9%||1-3 business days|
United Capital Source
If you need a working capital loan, get in touch with us at United Capital Source. At UCS, we focus on your small business needs. Contact us today for your free consultation, or go ahead and start your application now. You could have your funding within just a few business days. Let’s work together to help your business thrive.