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Non Traditional Business LoansWhether you need to finance growth, cover timing gaps in revenue collection, or simplify your vendor payments, our service helps you acquire non traditional business loans that use customized credit options help you meet the challenges of running your business. The NonTraditional Business loans have flexible interest Rates, easy repayment terms and maximum credit availability. You know your business - and we know business credit. We'll help you choose the right credit product from a wide range of options to best match your particular business situation. Term Loans:They provide a specific amount of credit to purchase assets or meet specific financing need.The loan is paid based on a predetermined schedule or monthly principal and interest payments. Loans can be unsecured, or secured by fixed asset collateral. Interest rates are generally fixed for the life of the loan.Business Use: •longer term credit for expansion projects, equipment or building purchases •predictable repayment terms over a fixed period of time •fixed or variable rate financing options Small Business Administration (SBA):SBA loans are available in a variety of term loan and line of credit options. Backed by government-sponsored loan guarantees, SBA loans issued through financial institutions offer businesses who may not otherwise qualify for conventional bank loans get access to the credit their business needs to grow.Business Use: •lower down payments and longer repayment terms than conventional bank loans •financing alternatives for higher-debt load borrowing needs Credit Cards:Credit cards provide a business with immediate access to short-term revolving credit that is readily accepted by millions of vendors worldwide. Credit card balances can be paid off in full each month, or paid over time based on the outstanding balance. Credit cards also can be used by authorized employees for travel, enertainment or smaller business purchases.Business Use: •easy to use, readily accepted credit for everyday business purchases •easier recordkeeping and better controls for purchases by employees •credit for business travel, entertainment, online purchases and even bill payments Lines of Credit:Lines of credit are flexible borrowing instruments used to finance periodic borrowing needs without reapplying each time. Borrow against a line of credit up to your credit limit and pay it back as frequently as needed. Lines of credit can be unsecured, or secured by collateral that can range from accounts receivable and inventory to real estate.Business Use: •easy access to ready-on-demand credit for short term borrowing or unexpected growth opportunities •flexible repayment options •to manage the peaks and valleys of cash flow •credit for seasonal inventory purchases or temporary working capital •overdraft protection for up to 2 business checking accounts
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