Below are the different private lending loans that Bellwether funding offers. Depending on your specific private lending situation, Bellwether will determine which private loan is appropriate.
Asset Based Lending
Asset Based Loans are an option for businesses that have equity in their non-real estate assets. The loan size is based off the total worth of your assets and uses them as collateral. This gives you the opportunity to get more money then you may with a regular small business loan quickly & easily. More about asset-based lending.
If you are having trouble getting traditional financing, a Bridge Loan is an option to give you the time you need to build your business and qualify for longer term financing. Bridge Loans are short term with interest only payments that allow you to act quickly and make positive progression for your business. More about bridge loans.
Many small businesses do qualify for the traditional Small Business Loans that many banks and lenders have to offer. In those cases, Bellwether Funding will identify where you would best fit and get you the traditional loan that is right for your business needs.
Commercial Real Estate Refinancing
Refinancing commercial property is often a good way to lower monthly interest payments and rates. It can also be a useful tool if you are interested in acquiring more commercial properties.
Conventional Financing is a loan that is not guaranteed by the government. This option is great for businesses that have unique situations, i.e. private lenders may be willing to work with your business in ways that government sanctioned loans are not.
Businesses that have equipment needs can obtain loans to purchase the necessary equipment. With the right conditions, equipment loans help to alleviate financial stress from other areas of your business while giving you the flexibility of owning your own equipment.
Frequently businesses find themselves faced with a dwindling low cash flow. When your main source of income is sales, Factoring may be a good route for securing cash. Factoring is a three party transaction that includes the factor, the debtor, and the debtor’s customer. Your business is given a payment for your receivables under the conditions of the specific agreement. Lenders in the Factoring industry focus on the credit worthiness of the debtor’s customer.
Small Business Administration (SBA) Loans
SBA loan programs work in conjunction with banks to help secure loans by supplementing collateral value with a government guarantee. By working with a loan that is SBA approved, the lender and the borrower are given extra assurance that their investment and money are protected. SBA programs cover a host of financial solutions including debt financing, surety bonds, and other small business loans.
Many loans can include the approval for use on tenant improvements. There are instances where tenant improvements may be needed without the need for any other loan. Depending on your situation it may be difficult to find the perfect loan, here again Bellwether Funding will manage the search to secure the best fit to complete your improvements completed.
Similar to SBA loans, the USDA will guarantee commercial loans, designed specifically for rural areas. Bellwether is often able to help secure these funds as well.