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sigma solutions llc
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www.sigmasolutionsloans.com/
California-based online lender National Funding may be a good choice for young businesses — so long as they’re making enough revenue. You may qualify for a loan as large as $5,000 after just six months of operating. It also offers equipment financing that companies can use to buy the tools they need to operate.
Why National Funding is best for early payoff discount: National Funding only requires six months in business and offers loans as low as $500 or up to $1,000. This flexibility allows businesses to borrow only the needed amount. Plus there are no prepayment penalties, and borrowers can receive an early payment discount if they're able to pay off their loan in full ahead of schedule.
Who National Funding's working capital loan is good for: If your business generates high cash flow and needs money to keep growing, this loan could be worth exploring. -
sigma solutions loan
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www.sigmasolutionsloans.com/
Based in Austin, Texas, Backd offers working capital loans and lines of credit for small business borrowers. As a business owner, you can apply for a Backd line of credit and get preapproval with a soft credit check. If approved, you can draw between $10,000 and $750,000 for your company’s short-term needs.
Why Backd is best for fast funding: With instant preapprovals and access to funding in as little as 24 hours, Backd’s lines of credit might appeal if you need cash quickly.
Who Backd's line of credit is good for: Consider a Backd line of credit if you’re running a relatively new business that could benefit from prompt access to funding. As a trade-off for this speed and convenience, though, you’ll need to be okay with at least an 18.00 percent simple interest rate and be able to make weekly repayments. -
sigma solutions payday loan
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Credibly offers several types of small business loans, including merchant cash advances. With this type of loan, your payments are based on a percentage of your company’s future income until the advance is paid off, helping you avoid large, difficult payments.
Why Credibly is the best for merchant cash advances: Credibly has easy credit requirements, only asking for a FICO score of 550 or higher. It also has quick approvals and funding, which is essential for merchants in need of quick cash.
Who Credibly’s merchant cash advance is good for: You might consider a Credibly merchant cash advance if you have average credit, you’re in a rush to get funding and don’t mind paying high fees to cover a short-term cash flow interruption.
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