There are several different loan options available depending on your situation or circumstance. Cash flow financing is one of the easiest business loans to access. If you’ve been in business for a minimum of one year and you have a monthly revenue of $10,000 and above, you can get this loan in less than 72 hours.
For business startups with a good line of credit, women can get up to $150,000 in financing without the need for collateral or verification of cash flow. Retail stores or factories can leverage their inventory with a value above $500,000 to access an inventory loan of up to 50% of the inventory.
If you have outstanding purchase orders, you can get more than $5,000 and up to 95% of your purchase order value. Equipment financing is multifaceted because you can get a loan against one huge piece of equipment, get financed to buy equipment, or get financing to lease equipment for businesses older than a year. To access this business loan service, you must provide proof of payment for the 1st and last months and you are able to get loans up to $2 million.