The world of business is a hunt-or-be-hunted micro-universe where everyone strives to reach the top. The competition is fierce, business owners need financial education and business smarts, and cashflow is the word of the day. Money is what can make or destroy a business, small, medium, or big-sized. Globelend Capital understands that perfectly, which is why we offer various loans to small and medium-sized businesses.
You name it, we have it:
- Line of credit
- SBA loan
- Term loan
- Working capital loan
- Cash flow business loan
- Equipment financing and leasing
- Short-term loan
- Merchant cash advance
- Expansion business loan
- Inventory business loan
- Revenue-based business loan
- Revolving business line of credit
- SBA business loan
Our most popular loan types are the line of credit, term loans, SBA loans, and working capital loans. Investing in your own business’ future is always a good idea, whether you require new equipment, promotional material, or hiring more employees. The more it grows and thrives, the more cash flow you have, and the easier it is to pay the initial loans.
Apply for one of our loans now and receive the funds within 48 hours!
Ideal loans for specific niches
At Globelend Capital, we’re all about personalized loans for your specific needs. Every client has various financial needs and specific goals in mind. While someone might want a line of credit with us, preferring the flexibility and instant access to funds, some business owners might find the requirements too stringent. For a line of credit, you need:
- 600 FICO at the least
- $10,000 in monthly revenue at least
- Business age of at least six months
- General information about the owner and the business itself
- Bank statements for the last three months
While these points might sound reasonable, a start-up business is sure to have less than $10,000 in monthly revenue. In this case, you might need the working capital loan to give your business a boost in the beginning. Moreover, we fully support the top trending niches, where business owners often need financing. For them, we provide the following loan types:
- Auto repair shop loans
- Construction company business loan
- Medical practice loans
- Restaurant business loans
- Trucking company business loans
All five of these business types are notoriously difficult to start up because of underfunding and low financial potential. If you’re a regular start-up restaurant owner with only a small sum to buy a restaurant and some equipment, you know what we’re talking about. You can’t make do with your current income, and you still need to pay your employees, buy new equipment, and eventually expand to other areas.
For this, our restaurant business loan is just what you need. You can choose between a business line of credit, an SBA loan, a restaurant equipment financing loan, and a restaurant-specific loan. Among these four options, the line of credit is ideal if you want to kickstart a project or gradually improve your restaurant’s performance. We recommend it for short-term financial needs.
SBA loans are quite stringent in terms of requirements, needing a credit score of 650 or more, for starters. You also need a valid license for your restaurant, the right annual revenue, and the right number of employees. Moreover, an SBA loan takes much longer to be released. The restaurant-specific loans or the equipment financing loans are similar because they’re specially designed to help restaurant owners make headway in the market. Whether you need to buy new equipment or restock your inventory, Globelend Capital has your back!
All of this applies, more or less, to our other niche-specific loans!
How fast can you get a business loan?
- The client applies online for a loan
- If all requirements are met, we approve the loan the same day
- We send the funds within a 48-hour window
There’s nothing too tricky, to lengthy, or too complicated. As long as your application contains all the necessary documentation and you qualify for our loans, we’ll approve your loan request the same day. In 48 hours at most, you’ll have access to funds ranging from $25,000 up to $1 million and more!
Getting a loan from a traditional bank institution takes more time, there’s more paperwork to do, and eventually, they might even deny your loan request. Most banks would take up to 90 days to approve your small business line of credit loan. A lot can happen in 3 months, and you need the money now.
How do I qualify for an SBA?
Before we get into it, you should know that an external money lender like us is vastly less bureaucratic than a bank. We demand less paperwork, and we also work far quicker in getting you the money you need. We have the best SBA loan programs – accessible, easy to request, and convenient for your particular needs. However, there are strict requirements if you wish to apply for an SBA loan since these loans are guaranteed and approved by the government.
At Globelend Capital, you can apply for a $30,000 to $350,000 SBA 7(a) Debt Finance or Working Capital Loan, or a $500,000 to 5,000,000 SBA 7(b) Commercial Real Estate. The SBA 7(a) has the following eligibility criteria:
- The business must be at least two years old
- A credit score of at least 650
- The business owner must be at least 21 years old and must either possess a valid Permanent Residency or be a citizen of the US
- No pending tax issues
- No foreclosures or bankruptcies in the previous three years
- No recent settlement or charge-offs
- No current financing through other government-related loans
As for the eligibility criteria for the SBA 7(b), they are:
- The business must be at least 2-years old
- A credit score of at least 675
- The business must be established on owned real estate
- Sufficient cash flow to cover the debt repayments. This applies to the business and the business owner. Evidence of this comes in the form of tax returns financial data for the last three years
- No defaults on any government-related loans
An SBA business loan would help you tremendously and propelling your business forward and unlocking its true potential. Whether small or medium-sized, your business always needs more funding, more money, and more financial resources to improve on some aspects. For instance, you might want to franchise your brand. This implies buying more real estate properties, hiring more employees, filling your product stocks, buying the necessary equipment, etc.
Most of our SBA loan-approved businesses here at Globelend Capital have annual profits ranging from $50,000 up to $5 million. Their cash flow is uninterrupted, their workforce is highly-performative, and they can easily afford the monthly loan payments.
We win, they win, everybody wins with Globelend Capital!
Why choose Globelend Capital?
We offer highly-accessible business loans for any small or medium-sized business. Just submit a loan application online, and in 48 hours at most, you’ll receive the money in your bank account. There’s a few minutes’ worth of paperwork to complete, and our loan experts are always there to assist you. With us, you’ll never have to go through the time-consuming and annoying loan processes that the traditional banks put you through.
We’re aware of the top trending business niches, the most popular services, and products, promotion ideas, and more. Naturally, our loans match the exact needs of all small or medium-sized businesses.
Most importantly, Globelend Capital has a very high approval rate, even for SBA loans. If you send us the right paperwork and your business is in order, we guarantee you’ll get approved even for the maximum financing amount on an SBA loan. All that money could spell incredible success for your business and brand!
We also maintain an easy-to-understand policy about your monthly loan payments. Our terms are fixed, which means you’ll always pay the same amount regardless of the situation. Moreover, the automatic payment system we use will remove the stress, letting you focus on what truly matters – developing your business.
Our satisfied clients include Subway, Wendy’s, Dunkin’ Donuts, Midas, etc. They put our financing options to great use, and what was the result? All of these businesses are now at the height of their success, with countless customers reaching out to them day and night.
Contact Globelend Capital now to follow in their footsteps!