California’s economy is the fifth largest in the world and the state’s small business owners employ over 7 million people. When you consider that its economic output is greater than that of most countries, you can begin to comprehend just how important the Golden State is to the economies of the U.S. and the entire world. It’s crucial for California’s small business owners to stay up and running, and in order to do that they need business funding. Unfortunately, getting business loans from traditional banks can be easier said than done. Bad credit, lack of collateral, and an immediate need for cash can all make it difficult for entrepreneurs to get the business funding they need through conventional routes. Lucky for them, REIL Capital is here to provide alternative funding solutions for all kinds of California business owners, even those who have been passed over by banks. Read on to find out more about all the innovative business funding solutions we offer!
Business Funding in CA
If you’re a California small business owner, chances are you’ve dealt with the banks before. Just to apply for business loans in California, you’ll need to fill out a lengthy application and provide stacks of documentation to establish your credit-worthiness. Once you turn in all your paperwork, you’ll still have to wait weeks or even months to find out if you’ve been approved. After all that work, you might even find out you’ve been rejected and you’ll be back at square one. You can’t afford to waste all that time! But what’s a small business owner to do when they’ve been left to twist in the wind by traditional banks and their painfully slow business loans process? For Fast Business Funding:
All of the options listed above are great ways for business owner to get the financing they need even if their credit is less than perfect; however, if you have significant amounts of land or property to offer as collateral, you could qualify to receive up to $2 million in funding with a credit score as low as 600! With terms and approval amounts more similar to traditional business loans, asset based lending can be perfect for many business owners.
Other Types of Business Funding
The items listed above are just a few of the funding options available from REIL Capital. No matter what type of business you run in CA, we may have a financing option designed specifically for your industry. For instance, we can provide fix and flip funding for house flippers who have previous construction experience and a history of successful flips. With flipper specific features like options to extend terms, you can see how REIL Capital listened to professionals in the home flipping industry and found a financing product that meets their needs.
The first step is filling out our instant online application. It just takes a few minutes and when you submit your form a representative will contact you by phone within minutes. They’ll go over all the funding products we offer, plus other options that could work for you. Your representative will answer all your questions until you have all the information you need to make an informed decision. Once you decide, they’ll let you know what forms you’ll need to fill out and what documentation you’ll need to provide. Depending on the financing product you choose, you could have access to cash in as little as 24 hours. Now that you know about REIL Capital, what are you waiting for? Your small business expenses won’t wait for you, so don’t wait another minute. Fill out our instant online application now!