Immediate Business Funds is proud to offer some of the most favorable and flexible business financing products on the market. We don’t think small business owners should have to jump through hoops to get the financing and capital they need. That’s why we’ve made it easy, fast, and affordable to get the money your business needs in 3 simple steps. All with no personal guarantees, minimal paperwork and documentation, and fast approval and deposit of funds in your account in days.
Our Business Loan Products
We offer several business loan products to meet your needs.
Business Cash Advance
A business cash advance is a short-term, unsecured business loan for when your business needs a quick cash injection. It is based on your future sales and revenue, making it ideal for established businesses that are in a pinch or need a one-time boost in funds. The cash advance is repaid daily or weekly via automatic ACH drafts from the same bank account the funds were deposited to.
Business Line Of Credit
A business line of credit works similar to a credit card. Your business is approved for a certain amount, and you only draw funds as you need them. The benefit of this flexible financing option is that you also only pay interest on the money that you borrow. A line of credit is ideal for businesses with fluctuating revenue or seasonal changes.
The Small Business Administration partners with lenders to enable them to provide government-backed business loans with very favorable rates and terms. SBA loans generally have rates around 6%-7%, repayment terms up to 25 years, and amounts from $250,000 to $5+ million. While the process for applying and qualifying for an SBA loan is longer than our other financing options, the benefits are worth it.