*Funding for Small Business

Updated: Jun 15

Description

A typical small business has a variety of funding options to chose from depending on their growth goals, which includes: a Merchant Cash Advance through a private lender, traditional lines of credit, loans and credit cards.

Merchant Cash Advance (MCA)

A merchant cash advance is not a loan but an unsecure fast-cash advance based on the monthly credit card sales of a business. Unlike traditional bank options, MCA's through our private lender only requires three documents for fast approval with no restrictions on the use of funds. It's no wonder MCA's are taking the lead over traditional loans. This popular funding option does NOT rely on your credit score or bad history but on your business reputation. With business-friendly common sense terms, more and more business owners are flocking to MCA's as their capital source for business growth.

Lines of Credit and Loans:
A business line of credit is somewhat of a hybrid of credit cards and loans. A line of credit is an open-ended, revolving loan in which you can continuously borrow up to a certain amount, pay it off and borrow again. The periodic interest rate fluctuates on the amount you use, not the entire credit limit as with a personal loan.

There are two types of loans: secured and unsecured. Securing your loan with collateral will qualify you for better terms. However, in todays competitive financial market you can qualify for unsecured funding with affordable and easy repayment terms for just an application and a few documents.


Credit Cards:

Today's financial market offers a wider variety of high-risk credit cards which includes: a lower credit limit at a higher percentage rate but qualifying is easier. For companies with lower revenue, small-business credit cards have lower fees. They also require a cosigner that can cover the credit balance in the case of delinquency. Plus, with regular purchase and pay-off, you can quickly improve your credit-score and qualify for capital at a better rate.


Here at Brick-N-Mortar Funding, we work with direct lenders that have reputations for fast funding and high approval rates, even if you've been turned down by the bank. They provide a wide variety of working capital for small businesses such as:

· Secured and unsecured financing

· micro loans

· Lines of credit and credit card/stacking

· equipment loans/leasing and term loans

· Revenue funding: MCA, invoice factoring and purchase order financing

For a quick quote, fill out this form or call (701)-587-3940.

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Brick-N-Mortar

resources

...building business
from sea to shining sea.

Commercial
Direct Lending

Office/Admin 
701-587-2000 
Funding Advocate
701-587-1587 
701-587-1819 

 
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19 South 8th Street    Fargo, ND 58103

* Hemp is a class 2 controlled substance. 
Applicant must be registered with
their State Dept. of Ag. 
'2020 Hemp Pilot Program'
to qualify for hemp funding.

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