From planning to execution, we provide comprehensive solutions tailored to your financial goals.
Term loan
Businesses with strong credit histories can access term loans at competitive interest rates, typically ranging from 7.9% to 24.99%. The exact rate depends on factors such as your industry, intended use of funds, credit rating, and the overall financial health and profitability of your business.
Securing a term loan is generally more time-consuming than obtaining other types of financing. The approval process usually takes between 2 to 3 weeks, as lenders conduct thorough evaluations of your financial standing and business operations.
Equipment Financing
Equipment financing offers a swift and efficient solution for businesses to acquire necessary machinery or technology, often covering up to 100% of the equipment's value. nterest rates for equipment financing are influenced by several factors, including:
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Equipment Age and Condition
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Resale Value
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Creditworthiness
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Repayment Capacity
SBA & Express Loans
At Ullswater Business Consultants, we understand the importance of accessible financing for small businesses. That's why we offer guidance on securing Small Business Administration (SBA) loans, including the SBA Express Loan program
SBA 7(a) Loans
The SBA 7(a) loan is the SBA's primary program for providing financial assistance to small businesses. It offers up to $5 million in funding, which can be used for various purposes such as working capital, equipment purchases, or real estate acquisition. These loans come with competitive interest rates and longer repayment terms, making them a flexible financing option for businesses aiming for growth.
SBA Express Loans
For businesses needing quicker access to funds, the SBA Express Loan program provides a streamlined application process with faster turnaround times. Loan amounts are available up to $500,000, and decisions are typically made within 36 hours. These loans are ideal for short-term working capital needs, purchasing supplies, or covering seasonal expenses. Additionally, veterans may benefit from reduced fees through the SBA Express Veterans Advantage Program.
Line of Credit
A business line of credit is a flexible financing solution that provides your company with access to funds up to a predetermined limit. Unlike traditional loans, it allows you to withdraw only the amount you need when you need it, and you pay interest solely on the funds utilized. As you repay the borrowed amount, the credit becomes available again, offering a revolving source of capital to manage cash flow, cover unexpected expenses, or seize growth opportunities.
AR Financing & Invoice Factoring
Accounts Receivable (AR) Financing
AR financing, also known as invoice financing, involves using your unpaid invoices as collateral to secure a loan or line of credit from a lender. In this arrangement, your business retains ownership of the invoices and is responsible for collecting payments from customers. This method provides immediate access to funds without transferring control of your receivables, making it suitable for businesses that prefer to manage their customer relationships directly.
Invoice Factoring
Invoice factoring entails selling your unpaid invoices to a third-party company, known as a factor, at a discount. The factoring company advances a significant portion of the invoice value upfront—often between 70% and 90%—and assumes responsibility for collecting payments from your customers. Once the customer pays the invoice, the factor remits the remaining balance to your business, minus a fee. This approach not only accelerates cash flow but also offloads the task of collections, allowing you to focus on core business activities.
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