Raising capital is critical for businesses to grow. Financing also helps businesses manage cash flow, purchase new assets and inventory, and make improvements. Unfortunately, qualifying for a bank loan can be difficult and can take months to secure a loan. Large banks decline ~75% of small business applicants.
There are numerous types of business financial products, and our experienced team works with you to determine the right fit based on number of factors. For example, we’ll consider your credit, business finances, time in business, and your reason for the loan. Together we will select which loan product or products we apply for!
You receive a lump sum of cash upfront, which you then repay with interest over a predetermined time period.
As low as 3.5% fixed rate for a 12-month loan; Borrow $5K to $2M
You can access funds up to your credit limit and pay interest only on the money you’ve drawn.
As low as 4.8% interest
You receive upfront cash by selling your future earnings at a discount
As low as a factor of 1.2x
A loan for small businesses that is partiallyguaranteed by the Small Business Administration.
As low as 6.5% APR over a 5 to 25-year period;Borrow $500 to $5.5M
Receive funds to purchase specific equipment.
The loan term is based on the expected life span of the equipment, and the equipment serves as collateral for the loan.
Financing options for businesses operating for less than 12 months.
Terms take into account owners' credit history
Your Loan Specialist will submit your package to the lender.
Submit documents based on the selected financial product. Documents may include financial statements, tax returns, and bank statements.
When approved, receive funds in your business bank account. YourLoan Specialist serves as your advocate and is there for you throughout the entire process!
We are proud to offer you preferred rates and services from our network.
Speed & Ease
Receive financing within 24 hours
Preferred rates from Lending partners & numerous product choices
Our priority is to provide high quality service
Status updates to business applicants
Dedicated team of Loan Specialists
with an average of 10 years experience
Encore has secured over $500 Million
in funding for businesses
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