Starting a business often requires substantial capital. A $100,000 startup loan can help cover equipment, operating expenses, marketing, inventory, and hiring costs. If you’re looking for a way to secure this funding, United Capital Source (UCS) offers several financing options designed to meet the needs of startups.
Loan Options for Startups
- Term Loans: A lump sum paid back over a fixed period, ideal for specific expenses like equipment or expansion.
- SBA Loans: SBA-backed loans offer lower rates and longer terms, making them a great option if your business qualifies.
- Lines of Credit: Provides flexible access to capital, allowing you to borrow as needed up to a set limit, ideal for managing cash flow.
- Invoice Financing: Allows businesses to borrow against unpaid invoices, improving cash flow without waiting for customer payments.
- Merchant Cash Advances: For businesses that process credit card payments, this option gives upfront capital based on future sales.
Benefits
- Fast Funding: Quick approval and disbursement—sometimes within days.
- Flexible Terms: Tailored repayment plans to fit your business’s cash flow.
- Multiple Loan Products: Options to choose from based on your specific needs.
- Support for New Businesses: Flexible requirements for startups without a long credit history.
How to Apply
- Apply Online: Fill out a simple form with your business details.
- Submit Documents: Provide your business plan, financial statements, and tax returns.
- Review Terms: After approval, review the loan terms carefully.
- Accept Funding: If satisfied, accept the loan and receive the funds quickly.
A $100,000 loan can provide the financial boost your startup needs. With flexible options and fast funding, it’s easier than ever to secure capital for your business growth.