Products and Services
Term Business Loans
Term Business Loans
Term Business Loans
Term Business Loans are the standard and most common type of business financing with a maturity date (usually between 1-25 years). The loan is repaid on a set schedule (usually monthly, but can be weekly) until the principal is repaid plus interest. Term loan interest rates are usually determined using an APR, but may use a factor rate to
Term Business Loans are the standard and most common type of business financing with a maturity date (usually between 1-25 years). The loan is repaid on a set schedule (usually monthly, but can be weekly) until the principal is repaid plus interest. Term loan interest rates are usually determined using an APR, but may use a factor rate to calculate rates. Fees associated with term loans vary depending upon lenders, with some banks and alternative funding companies charging origination fees, banking fees, and other fees. Uses of a term business loan include purchasing businesses, purchasing commercial real estate, working capital, purchase of business equipment, purchase inventory, along with just about any other business use. Term loans can be both secured against business or personal assets, or may be unsecured. Approval rates of term lenders vary, with traditional term lenders with strict lending requirements having approval rates as low as 20%, and alternative term lenders with approval rates as high as 70%.
MCA
Term Business Loans
Term Business Loans
MCA's offer many advantages. They’re simple, straightforward, and boast fast approvals and fund releasing. By the time most businesses apply for funding, they’re already in a bind and need the funds as soon as possible. MCA's are the better option compared to traditional bank loans in this regard. For some lenders, decisions are made
MCA's offer many advantages. They’re simple, straightforward, and boast fast approvals and fund releasing. By the time most businesses apply for funding, they’re already in a bind and need the funds as soon as possible. MCA's are the better option compared to traditional bank loans in this regard. For some lenders, decisions are made within hours as long as they have all requirements and documentation needed. Once the lender arrives at a decision, funds can be delivered within 24 to 48 hours. If you do not repay the advance, your company assets are not at risk because there is no collateral requirement for MCAs. This relieves you from the worry about having any personal liability.
Line of Credit
Term Business Loans
Line of Credit
A business line of credit has more in common with a business credit card than with a small business loan.
Like a small business loan, an unsecured line of credit provides a business with access to money that can be used to address any business expense that arises. Unlike a small business loan, however, there’s no lump-sum disbursement mad
A business line of credit has more in common with a business credit card than with a small business loan.
Like a small business loan, an unsecured line of credit provides a business with access to money that can be used to address any business expense that arises. Unlike a small business loan, however, there’s no lump-sum disbursement made at account opening that requires a subsequent monthly payment.
A small business line of credit is subject to credit review and annual renewal, and is revolving, like a credit card: Interest begins to accumulate once you draw funds, and the amount you pay (except for interest) is again available to be borrowed as you pay down your balance. As with a credit card, the lender will set a limit on the amount you may borrow.
Factoring and AR Financing
Factoring and AR Financing
Factoring and AR Financing
Factoring (or Accounts Receivable Financing) is not a business loan, but instead the sale of accounts receivable to third party small business lenders a discount.
Equipment Financing
Factoring and AR Financing
Factoring and AR Financing
Equipment Financing relates to any and all forms of financing for the purchase and/or leasing of business equipment. There are a wide range of commercial finance options (including term loans, advances and equipment leasing). With equipment leasing, a commercial lender will purchase the equipment for the purpose of leasing it to the small
Equipment Financing relates to any and all forms of financing for the purchase and/or leasing of business equipment. There are a wide range of commercial finance options (including term loans, advances and equipment leasing). With equipment leasing, a commercial lender will purchase the equipment for the purpose of leasing it to the small business for a fixed number of months/years with the option for the business to purchase the equipment at the end of the term.
Alternative Funding
Factoring and AR Financing
Alternative Funding
Alternative business loans are both plentiful and varying in their characteristics. Generally, when we refer to alternative loans, we refer to loans originated by non-bank lenders with interest rates that fall between bank-rate and the high-interest cash advances. Alternative lenders tend to be institutional based, using investor money t
Alternative business loans are both plentiful and varying in their characteristics. Generally, when we refer to alternative loans, we refer to loans originated by non-bank lenders with interest rates that fall between bank-rate and the high-interest cash advances. Alternative lenders tend to be institutional based, using investor money to provide business financing. Therefore, the investors supplying the money are seeking to make a return on the funding. Therefore, while they have rates that are higher than banks, its because these investors are willing to take chances on riskier lending opportunities.
Fast, Easy Application Process
- Apply online and submit 4 bank statements.
- Get approved and receive an offer.
- Submit voided check and a state or federally issued ID.
- Sign agreement and complete funding call to finalize terms.
- Cash hits your bank account the same or next business day.
- Simple as that.
MVP Capital Solutions - Your Partner in Success
MVP Capital Solution's mission is to provide small businesses throughout the United States easy access to working capital so they can focus on business growth. The lending landscape can be quite intimidating but clients benefit from MVP’s many years of experience working with Small Business owners. We take time to understand each of our clients’ specific funding needs and we provide the best options available. Our streamlined application process allows clients to receive an offer within hours of submitting an application and upon approval can receive funds within 24 hours. With MVP on your side, you can focus on what you do best - running your business - while we take care of the rest.
