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Product Comparison

Term SBA Loan Term Loans Line of Credit Merchant Cash Advance Invoice Financing Equipment Financing Asset Based Lending Fix and Flip
Time in Business 3+ Years 1+ Years 6+ Months 6+ Months 6+ Months 12+ Months 12+ Months 3 Successful flips
Credit Score 650 600 600 480 N/A 600 600 550
Loan Amount $30,000 – $5,000,000 $20,000 – $500,000 $1,000 – $250,000 $10,000 – $500,000 Up to 90% of Invoice Up to 50% of Equipment $50,000 – $2,000,000 Up to 90% of Purchase + Rehab
Loan Term 10-25 Years 1-3 Years 6-12 Months 4-18 Months 1-2 Years 8-18 Months 6-18 Months Up to 2 years
Time for Funding 1 Month 2 Weeks 24 Hours 24 Hours 3 Days 2 Weeks 3 Weeks 1 Month
Hard Collateral Required No No No No No Yes Yes Yes

The REIL Advantage

REIL Capital is making it easier than ever to obtain capital for small businesses and help business owners invest today for a brighter tomorrow. As a family owned and operated business, we are committed to offering cost-effective working capital and personalized service to ensure that our customers are able to obtain their goals of growing their businesses. Listed below are our key principles that guide how we conduct business with our customers.

Offering Personalized, Attentive and Supportive Customer Support

REIL is a family owned and operated business that prides itself on offering personalized, attentive service to all of our customers. Unlike our competitors, each customer stays with their original representative for the duration of the financing and all future renewals. REIL’s representatives actively interact with our customers to get to know and understand their needs in order to offer them the best products to suit their needs.

Responsible and Honest

REIL is committed to providing transparent information to our customers in order for them to understand their funding terms and make an informed decision whether a certain product suits their needs. REIL remains committed to providing fair and honest financing to our customers in order to help them achieve their business goals.

The Golden Rule

Here at REIL, we instill family values into all of our representatives to treat our customers as we would like to be treated. REIL is greatly appreciative of our customers who have given trust to our firm in order to help each business prosper and achieve their business objectives. REIL works day and night to be a trusted partner for all of our customers.

Borrower Education

REIL believes in being transparent and educational throughout the funding process so that our clients can make informed decisions to enhance business growth. REIL provides an in depth understanding of each product line so that our customers understand rates, requirements, term lengths and the reasons why each funding option makes sense for their business needs.

Protecting your Privacy

REIL makes it a top priority to protect our customers privacy when they entrust us with their business. REIL maintains a safe and secure process to ensure that all documents and records are kept confidential.

Glossary of Funding Terms

  • Accounts Receivable: Money that is owed to the company from clients and customers.
  • Annual Percentage Rate: APR is the annualized interest rate that is paid back on a funded amount.
  • Assets: Within the context of borrowing, an asset is something of value, owned by the borrower which can be used as collateral by a lender.
  • Capital – wealth in the form of money or other assets owned by a person or organization that is available for business expenses and growing the business
  • Cash Flow: The average of capital in a business after the day-to-day expenses are paid out.
  • Collateral: An asset, or assets, a borrower offers to a lender to secure a loan. The lender can take possession of these assets if the borrower defaults on the loan.
  • Default: Failure to make the agreed upon periodic payments on a loan. It is both the lender and borrowers responsibility to mitigate risk and keep defaults to a minimum.
  • Factor Rate: A factor rate is given in decimal percentage and is based on your businesses industry, credit, cash flow and time in business. The factor rate is calculated by dividing the financing cost by the principal.
  • Fixed Asset: A long term piece of property that is used to generate income. Fixed assets are not expected to be converted to cash within a year but can be used as collateral.
  • Gross Profit: What is left over when the total cost of making and selling a product is subtracted from the total revenue.
  • Loan-to-value (LTV): The ratio of loan to the value of the asset purchased. The value of the asset is usually determined by an appraiser.
  • Liabilities: A business’ debts or obligations, which can be resolved in the form of payments or the transfer of goods or services.
  • Lien: A right to keep possession of property belonging to another person until a debt owed by that person is discharged
  • Margins: The difference between the sellers cost for acquiring products and the selling price. When margins are high it often makes sense increase inventory.
  • Personal Guarantee: A guarantee to make an individual personally liable for payment if the business does not pay agreed upon amount.
  • Principal: The initial amount of money being borrowed. This is also referred to as the funding amount.
  • Refinance: Replacing existing financing with a new funding option that usually has more beneficial provisions such as lower payments and longer term length.
  • Secured Funding: A financing option where the borrower puts forth collateral in the event they should default.
  • Term: The duration of time for which a borrower is allotted to pay back financing provisions. Unlike traditional banks that penalize you for paying early, we often provide a prepayment discount that benefits quick payers.
  • Unsecured Funding: A financing option where the borrower is not required to put up collateral. There often must be a personal guarantee to mitigate risk.