Every small business owner needs working capital. Having less than ideal working capital makes it very difficult to effectively run a business because the payment of day to day expenses depends on having liquid assets available when needed. Flexibility Capital understands this problem and does it all to help small business owners to acquire working capital in following ways –
Small Business Loans
The small business loans that Flexibility Capital provide are excellent in the sense that it approves very quickly. The necessity is that loans apply for $10,000 to $1,000,000 and the repayment time is between 6 months and 5 years.
Small business owners may take out a loan to content operational costs until their earnings reach a certain volume. If the debtor has good credit and a solid business plan, a short-term loan can help a business to get off the ground and grow.
Business Line of Credit
A business line of credit with the help of which small business owners can have for any amount up to the maximum limit. Borrowing can be from $150,000 and can be repaid in 6 to 18 months. Flexibility Capital considers, businesses require flexibility, which is why approval is done in 24 to 48 hours, and the review of the line of credit increases every 60 days.
There may be times where a limited window is there to take advantage of opportunities.
For Example, a manufacturer’s and supplier’s costs significantly reduces. The business owner will want to take advantage of that limited-time offer. But might not have the cash to afford it. With a business line of credit loan, business owners will not miss out on a great opportunity to save money in the long-run.
Equipment Financing
Selecting to finance the important equipment needs an equipment financing arrangement. It is logical for any type of business regardless of its size.
Through an arrangement like this, business owners can have access to the working capital. This is needed to meet certain ongoing expenses, such as rent, payroll, and other recurring costs.
Debt financing of equipment, like computers and other technology that become obsolete in a short period. It allows having the present, to use the necessary to grow business and upgrade quickly to newer technology. This maintains competitive advantage.
Hence, Flexibility Capital can loan business owners the entirety of the equipment cost with a repayment term of up to seven years.
Invoice Financing
Financing invoices helps businesses meet almost any of their financial obligations. Therefore, the additional working capital will assist with purchasing inventory, products, and materials from vendors.
It takes away the stress of making earnings. If the business owners take advantage of invoice financing, customers will no longer control the cash flow. Business owners will have 100 percent confidence in when money flows into the business.
Flexibility Capital’s invoice financing provides business owners with loans to cover any outstanding invoices from their clients. Hence, this loan can get business owners through as they wait for payments.
