Need cash to restock ecommerce inventory? A merchant cash advance and a working capital loan can use different qualification profiles—and the cost and repayment structure can be very different.
Opening additional treatment rooms or expanding a dental practice? Equipment, build-out costs and working capital may need to be separated before choosing the financing structure.
Planning a hotel renovation? Property improvements, furniture or equipment and operating working capital may not fit the same financing structure. Separate the project before applying.
Seeking commercial real estate development financing? Prepare the project cost, borrower contribution, use of funds, credit profile, business financials, existing debt and repayment plan before approaching capital providers.
Need working capital to purchase raw materials before customers pay? Manufacturers may need to show credit, operating history, annual revenue, cash flow, bank activity and existing debt before funding is evaluated.
Need box truck financing for your business? Have the vehicle price, requested financing amount, credit profile, business age, annual revenue, bank activity and existing debt ready before applying.
Need commercial truck financing? Before applying, prepare the truck price, requested financing amount, credit profile, annual revenue, time in business, bank activity, existing debt and how the vehicle will generate business revenue.
Waiting on a B2B customer to pay an approved invoice? Invoice financing may be worth exploring when completed business-to-business work has created a receivable but your company needs working capital before payment arrives.
Need working capital for inventory? Retail and e-commerce businesses should prepare revenue, deposits, credit, time in business, existing debt and the exact inventory purchase amount before seeking financing.
Need working capital for a medical, dental or healthcare practice? Funding providers may review credit, time in business, annual revenue, cash flow, bank activity, existing debt and the exact operating need.
