Pros Transparent terms and fees Good public reputation Cons (Potentially) high interest rates Overview eLease is a Florida-based online funder. Though its primary focus is equipment financing, the lender began offering working capital after the 2008 financial crisis. eLease’s equipment financing options include both leases and loan-like equipment financing agreements (EFA), the latter of which […]
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CIT Direct Capital is an online funder offering working capital, equipment financing, and franchise financing to small businesses. They prefer to work with entities that have been in business for at least two years. Even though their rates are reasonable, they have stringent borrower qualifications. Be aware of the high number of complaints about the company filed with the BBB.
CIT Direct Capital is an online funder providing working capital to small businesses. Direct Capital’s stands out from that of many of its competitors by offering not-too-unreasonable rates for working capital quickly. Be aware of the high number of complaints about the company filed with the BBB.
Leasing terminology isn’t the kind of vocabulary you’re likely to develop in your day-to-day life, so if you’re looking at leasing for the first time, you’re likely to be confronted with a cryptic battery of jargon. One of the stranger phrases you might encounter is captive lessor. While it may conjure up images of a […]
Pros Good public reputation Suited for small business Cons Poor customer support Overview BSB Leasing is a Colorado-based funding company that specializes in small ticket and commercial capital equipment leases. BSB’s clientele span a wide range of industries, from food service to construction to computer hardware. BSB also serves as a short-term online funder offering […]
Chances are, if you’re running a business, you’ll need equipment, whether it takes the form of chairs, registers, or pile drivers. Purchasing these items may require more cash than you have on hand, forcing you to take out a loan. On the other hand, purchasing equipment that becomes obsolete quickly often doesn’t make sense, fiscally. […]
Forward Financing is an online funder that specializes in providing small businesses with capital on short notice, emphasizing technology, transparency, integrity, and speed. Their rates fall on the higher side. However, if your credit rating is limiting you to high-rate funders, and you absolutely need funding, Forward Financing maybe worth considering.
Note: Merchants Capital Access has been purchased by Reliant Funding and is no longer in operation. Take a look at our filterable business loan reviews to learn about other funding options that might work for your small business. Highlights Merchant cash advances Daily repayments Poor credit okay 24-hour funding decisions Overview Merchants Capital Access (MCA) is […]
Have you been thinking about getting a merchant cash advance (MCA)? Perhaps you’ve seen some fancy ads promising fast approval, easy qualifications, and funding within 48 hours. The good news is that those aren’t pie-in-sky targets. It is, indeed, possible to get your money that quickly and easily. The bad news is that there are a […]
Did you know that you can be approved for thousands of dollars of funding within 24 hours, even if you have poor credit? It’s true! Though, odds are, if you have a small business and an internet connection, you know this already. That’s because the merchant cash advance funding industry has blown up over the […]