We can help businesses in the following areas:
- Business plan
- Financing for equipment and materials
- Equipment purchasing and sourcing
- Lease review and negotiation
- Small business loan
- Strategy and efficiency
Banks typically charge somewhere between 7% to 10% depending on the borrower's credit rating, the type and the age of the business. The interest rates on the business loans from alternative sources tend to be higher and wider in range, form 8% to 30% depending on the borrower and borrower's business. Although the interest rates on loans from alternative sources are significantly higher, however, obtaining the loan from these sources are usually easier relative to banks and the process time is much shorter, in some cases the approval time is under 48 hours.