Benefits of A Small Business Loan

Benefits of A Small Business Loan

What You Need to Know

If you are a smaller company, there inevitably are times when you find that additional funds could certainly come in handy. There is not necessarily one right time or right reason to start looking into the option of a small business loan.

At First Union Lending, our job is to help you find the cash you need for a variety of undertakings and projects. Our flexible products are designed with smaller businesses in mind. Maybe you don’t have the longevity to qualify for a traditional bank loan, perhaps the revenue isn’t there, or there’s a lack of capital. This is where we can be an integral tool in your arsenal.

So what are some of the things you can do with a small business loan? What are the benefits that your company can reap as a result of affordable and flexible financing programs?

You get the money quickly

Particularly with alternative lenders, there is far less red tape and a much shorter waiting period. So let’s say that you have your eye on new equipment, on hiring more personnel, or procuring better software, you’re not waiting weeks or months. You can have funding in as little as a day in some cases.

You’re developing a relationship with a lender

When you’re in business for yourself, a trusted partner, especially in the financial field, is invaluable. Starting with a small business loan and maintaining a productive working relationship, you are investing in a crucial ally, one that can help you along the way to build and ultimately grow your business.

You get your expenses and data in order

When you do apply for a small business loan, the lender will generally ask for financials, profitloss statements as well as many other pieces of information. Business owners are forced to really take the time and pull everything together, thus gaining a more precise and comprehensive picture of where everything stands moving forward.

Whatever type of loan product you may be in the market for, we can certainly help. One of our advisors will be happy to review your financial needs and company profile and come up with the perfect business loan solution for you. Call today to find out how we can help you!

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First Union Lending LLC is a dually licensed Lender/Broker with its main offices located at 4900 Millenia Blvd First Floor Orlando, FL 32839. First Union Lending LLC and its ads are meant for continental United States, including Alaska and Hawaii small business owners. Business Loans offered by First Union Lending LLC have varying rates and terms that can range from 30 - 120 payments and all rates and terms are based on eligibility of the business and its owners. The actual terms are based on credit, business history, industry, amount and terms. As an example, a $5,000 loan paid over 5 years at 8% would have a total repayment of $6,082.92 over the life of the loan. We use the latest encryption to protect sensitive information transmitted online, as well as run our own secure server network to ensure your information is protected offline as well. California loans made pursuant to the California Financing Law, Division 9 (commencing with Section 22000) of the Finance Code. All such loans made through VBJ Consulting, LLC, a licensed finance lender/broker, California Financing Law License No. CFL#60DBO78163

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