Capital CIty funding
Business Loan Programs
Get business loans & credit lines
Capital City Funding helps you get approved for credit lines and loans to start and grow your company- even when banks say "NO". Get the money you need when you need it, and enjoy great interest rates and low monthly payments through hundreds of lenders and investors.
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MICROLOANS
- Credit Score: 500 or greater
- Time in Business: Minimum one month - higher approval for two or more months
- Monthly Deposit Minimum: $4,000 per month average
- Negative Days: Maximum 7 days
- Approval Range: $2,600-$15,000
- Approval Term: Up to 110 days
Term Loan
Similar to traditional bank style financing. A Term Loan is a set amount that a borrower pays back at a fixed amount. The common uses for these types of loans are business expansion, working capital and equipment purchases.
Benefits of Term loan
- Traditional APR
- No prepayment penalties
- Monthly payments Rates starting at 7.99%
- Funding 1-3 days
REQUIREMENTS:
- 2 years time in business No bank liens or foreclosures in the last 3 years 660+ FICO
SBA LOAN
An SBA loan is a government-backed loan that can be used for starting or expanding a business. The loan has certain requirements for eligibility, such as size standards, providing the ability to repay and a solid business purpose.
BENEFITS OF SBA LOAN
- Fixed and variable options
- Monthly payments
- Terms up to 25 years
- Prime rates
- Government backed
Requirements
- $60,000 Gross Annual Sales
- 3 Years Time in Business
- No loss on previous 2 years tax returns
- Financials Required
UNSECURED WORKING CAPITAL
Unsecured working capital isn't technically a loan, but rather a cash advance that is paid back by withdrawing a percentage of your credit sales, typically on a daily basis.
BENEFITS OF UNSECURED WORKING CAPITAL
- Fully customizable
- based on business need
- No compounding interest
- Funds can be used for any use
- Pay-back based on the sales of the business
QUALIFICATIONS
- 3 months in business
- $60,000 in annual gross sales No minimum FICO
- LOAN AMOUNTS $10,000-$5,000,000
- Flexible Terms
- Funding: Same Day
BUSINESS LINE OF CREDIT
A business line of credit provides flexibility for the business owner. Rather than a fixed amount issued at one time, funds can be accessed as needs arise. Funds are made available again, as the balance is paid down.
BENEFITS OF BUSINESS LINE OF CREDIT
- Only pay interest on the funds drawn
- Credit available as needed
- Draw as many time as you need
- Fast Approvals
Qualifications
- 6 Months Time in Business
- $60,000 in Annual Gross Sales
- No minimum FICO
- LOAN AMOUNTS $10,000-$1 Million
- TERMS: 6 Months - 10 Years
- Funding 1-3 days
ACCOUNTS RECEIVABLE FINANCING
Accounts receivable financing is when a company will sell or finance off their outstanding invoices for working capital. It can either be in the form of selling the asset to the lender or using the accounts receivable (invoices) as collateral for the loan.
*Special Program available to doctors and medical professionals based on insurance receivables.
BENEFITS OF ACCOUNTS RECEIVABLE FINANCING
- Typically lower interest rates
- Doesn't require other collateral
- Ability to factor new AR as they become available
- Saves time for collecting your receivables Opens up cashflow
Qualifications
- No minimum FICO score
- Aging report required
- $500,000 annual gross sales
EQUIPMENT FINANCING
Businesses utilize equipment financing to purchase business-related equipment. Obtaining these assets can be through equipment leasing or equipment financing, which doesn't require businesses to pay out of pocket large amounts of cash. Ultimately freeing up working capital within the business. Equipment Financing is based on the value of equipment and the business's affordability.
BENEFITS OF EQUIPMENT FINANCING
- No minimum time in business
- 580+ FICO score
- No minimum in annual gross revenue
Qualifications
- Loan Amounts : $10,000 - $5 Million
- Terms: 1 - 5 Years
- Funding in 5 Days
Please fill out the contact form below and an advisor will reach out to you for a free 1-on-1 consultation about your business needs & goals!
