|
When you're starting up a new business or expanding one that you're operating, there are two types of loans that you can get -- secured or unsecured. Rightway will work with you to get the loan that best suits your needs.
Secured loans include mortgage refinances, SBA loans, or capital equipment loans. Rightway has lending partners that can provide any one of these loans, and will work with you to put together the appropriate application. These loans can take as little as two weeks for a capital equipment loan to six weeks for SBA loan approval. Since mortgage refinances and most SBA loans are dependent upon real estate assets, people with a wide range of credit scores can expect approval.
Unsecured loans are dependent upon your credit and business expertise. In general, these are only available to people with above average credit.
Star-up and working capital, however, is just one part of the story at Rightway. In general, we recommend that most business owners lease their equipment in order to expand their cash flow. We also recommend that they add a cash advance feature to their credit card processing. For more details, click on the appropriate link.
|
|