Everyone Could Use More Cash. That’s the Easy Part…
Extra cash can cover repairs, refurbishments, new shop equipment, additional inventory, cushion your business against seasonal or slow periods or pay down high interest debt.
Investing in your company’s infrastructure allows you to continue to provide the quality service your company is known for and your customers have come to expect.
Access to capital can also help spur business growth through expansions, renovations, and enhanced marketing efforts. Moving beyond the status quo can give you the competitive edge to stand out from the crowd.
Now to the hard part… Where do you get the cash you need and want?
The solution to your cash needs can be a Working Capital Loan.
Here are 5 Ways Our Working Capital Loans Can Help Your Business.
1. CONSERVE YOUR WORKING CAPITAL
Our working capital loans can quickly get your business the equipment and technology it needs while spreading payments over time. Your capital budgets can be reserved for more productive operational uses and other necessary expenses.
2. DOWN PAYMENT FINANCING
While interest rates are still at historic lows, tight lending standards force specialty vehicle buyers to come up with bigger down payments than ever before. Preserve the capital you have in your business for other things by utilizing one of our working capital solutions to cover the down payment.
3. SOLVE A SHORT TERM OPPORTUNITY OR PROBLEM
Have you ever missed an opportunity or struggled to find a solution to a financial problem because you didn’t have cash in the bank? Working Capital is the perfect short term solution where loans close in days, not weeks, and allow you to finance special projects.
4. CHALLENGED CREDIT
Working capital loans are approved based on your business’s receivables and cash flow, not just your personal FICO score like most lenders. Even challenged credits qualify for working capital.
5. CREDIT AVAILABILITY
Preserve your existing lines of credit and use working capital for vehicle repair and refurbishment, purchase inventory, advertising and marketing, business expansion and more.