As a Startup, you have a few options. Your best long term option is to go through one of our SBA Loan programs. You will typically get better terms than other loans offered on the market. The thing you must be prepared for is the application process. You should have a solid Business Plan, Financial forecast, Resume and sufficient personal assets to put towards the project. This loan will require money from you to close. This is a full recourse loan.
We have another option that is more short term. Short term meaning 2-5 years. We can get Unsecured Lines of Credit combined with a Term loan. Our average funding for this program is $150,000. We can get more depending on your personal credit profile and current documented income.
We also have programs that allow you to borrow against other assets like a stock portfolio or gain access to your 401k funds without paying the penalty.
To learn more about how the programs works, please fill out the form and we will get back to you as soon as possible.