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Looking for alternatives to SBA Financing? Here are 3 kinds of loan you can apply alternative to SBA Financing that many small business owners should know. For more information visit our blog site: http://www.newhorizon.org/credit-info/ Contact Us! - http://www.newhorizon.org/NHBS/contact.htm Email us at firstname.lastname@example.org Toll Free Phone no. (888) 778-5677
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If you need cash right away Invoice Factoring is right for you. A provider can have the cash in your hands in less than 2 days.
2nd – Equipment Leasing If you need to get equipment and supplies you need for your business Equipment Leasing program is good for you.
With equipment leasing program, you bypass the banks and the loan stage and skip right to the part where the equipment is delivered to your business. With equipment leasing, you not only have access to the best equipment when you need it, but you can get the equipment for very little money down and some reasonable monthly payments. • Equipment leasing is becoming more popular with many of today’s small businesses and is one of the better alternatives to an SBA loan. With equipment leasing you get new equipment, low monthly payments and less hassle than you would normally get with the loan process.
3rd – Working Capital Loans • but still need funding to take their business to the next level and remain competitive. A working capital loan is a much easier alternative to a SBA loan and this has many small businesses choosing it over SBA loans. • Another alternative to SBA loans that is becoming a popular competitor is called Working Capital Loans, a loan which is based on the gross sale of your company. This loan is good for new startups and small businesses that don’t have much in the way of a credit history
The SBA loan program is a good opportunity for startups and small businesses but there are alternatives and there is something available to suit every business’ needs. Finding one that’s right for you is easy and could save you a lot of time and hassle in the future. Source: http://www.newhorizon.org/credit-info/alternatives-sba-financing/
For more information about small business Contact us athttp://www.newhorizon.org/NHBS/contact.htmor Connect us by clicking your favorite social media icons below: Toll Free Phone no. (888) 778-5677