The 8 best financing options for small business
- Equipment financing
- Small business administration (SBA) loans
- Business line of credit
- Revenue-based financing
- Invoice factoring
- Angel Investors or Venture Capital
- Business term loans
It’s a well known fact that over half of small businesses close their doors within their first five years of existence. From the outside, problems may appear as lack of innovation or work ethic of the small business owner but many times it simply comes down to the lack of working capital for the business to survive the various ebbs and flows of business.
Business term loans, like what Rapid Funders provides its customers, allows an infusion of working capital for the business to purchase equipment, inventory, or other assets. Most working capital loans are short term, to provide a jumpstart for the business that needs some immediate assistance.
Contact Rapid Funders for your working capital loan needs today.