Business Loans, Financing and Lines of Credit.
Loans Based on Credit and Debit Card Sales.
Long Term Loans for Equipment, Debt, Real Estate.
Business Loans, Financing, and Lines of Credit up to $5M
Small Business Administration (SBA) provides small-business loans guaranteed by the SBA and issued by participating lenders, mostly banks which helps to mitigate those risks.
SBA loans are guaranteed by the SBA, which allows lenders to offer flexible terms and lower interest rates. They guarantee SBA loans of $150k or less at up to 85% and 75% of loans over that amount.
Business Loans, Financing, and Lines of Credit up to $5M
Often times, small businesses are beset upon by situations where there is a cash shortfall or urgent need for some type of cash advance.
In some instances, there is no collateral and most of the business income is from credit or debit card sales. In other instances, there may be a lack of creditworthiness or some type of issue that prevents qualifying for a regular bank loan.
Day to day demands can cripple an unprepared business.
Every business faces times of perilous cash flow. Smart entrepreneurs proactively establish a lifeline with which to navigate those perils. Even the simplest of demands can seriously drain daily operating cash and stunt expansion or worse yet injure a vendor relationship to the point of no return. A business line of credit will help keep a reserve for the tough days.
Business term loans are used for long term investments, including equipment, debt refinancing and commercial real-estate. With long term business loans, you receive a one-time infusion of capital and pay it back over the term. A business term loan with a set maturity date and potentially a low fixed cost of repayment. Daily (Monday-Friday) or weekly payments are based on your business’ financial strength and revenue.
RAW can provide up to $2,000,000 with a one page financing application and a few months of bank statements. Many times final
approval can be completed within a few hours. Funding typically occurs within 24-48 hours after delivery and acceptance of final terms.
For small businesses, we know that time is money. Unlike a bank, our application process is quick, easy, and transparent. You can apply for all of our financing products simultaneously online in just 15 minutes, and get a decision in as little as 24 hours after document submission. We also know that a credit score isn’t the only indicator of healthy business. While the underwriting process at traditional banks is clunky and inflexible, we combine technology with seasoned underwriters to better understand your business and find terms that suit your needs.
We offer competitive rates, manageable repayment schedules, and provide each applicant with a dedicated account manager to guide you through our quick and easy online application. In addition to all this, we have access to a deep and diverse network of lenders which will ensure we can provide the best overall value.
Your interest rate / repayment rate varies by products however for business loans 4.99% to 22.99% for prime customers is about average. Your final rate will be based on the length of the loan (in months) and the strength of your business credit and potentially personal credit profile.
We will never, under any circumstances, ask you for an upfront fee in order to apply with us.
We offer daily, weekly, monthly and variable daily payments. Depending on the type of program you are interested in and qualify for we likely have something that meets your needs.
We’ve helped thousands of established American businesses grow, create new jobs, and stimulate economic growth in their local communities. We fund a variety of businesses, from veterinary clinics to pharmacies to cosmetics brands and more. Unfortunately, we do not currently lend to certain industries, including: speculative real estate, nonprofit organizations, and gambling businesses.
No. Lease rates and terms are fixed.
We will conduct a soft credit inquiry after you’ve agreed to that inquiry in our application. This soft pull of your personal credit will not impact your credit score or show up on reports obtained by other lenders.If you choose to proceed past the initial application phase, for most applicants, we will conduct only soft credit inquiries to underwrite your financing. There are some cases where we will need to ask for a hard inquiry. For businesses organized as general partnerships, we will conduct a hard pull of your personal credit report prior to submitting your application to our credit team for consideration. The hard pull may impact your credit score or show up on reports obtained by other lenders.
10. How long do I have to be in business?
Most programs require a minimum of one year in business. However, exceptions can be made based on the credit strength of the company. Freelancers can prove time in business either by verification of a business checking account, or by showing income on a Schedule C of a tax return.