Business Loans Services

A line of credit is a preset amount of money that a lender has agreed to lend you.
A credit line allows you to borrow in increments, repay it and borrow again as long as the line remains open. Typically, you will be required to pay interest on borrowed balance while the line is open for borrowing, which makes it different from a conventional loan, which is repaid in fixed installments.

An asset-based loan (ABL) is a type of business financing that is secured by company assets. Most asset-based loans are structured to work as revolving lines of credit. This structuring allows a company to borrow from assets on an ongoing basis to cover expenses or investments as needed

Commercial lenders include commercial banks, mutual companies, private lending institutions, hard-money lenders and other financial groups. Commercial lenders specialize in hard money and bridge loans, often those that close quickly, in as little as two weeks

When a company that’s experienced a period of poor performance moves into a period of financial recovery, it’s called a turnaround. A turnaround loan also refers to the recovery of a nation or region’s economy after a period of recession or stagnation.

A bridge loan used for business purposes is a temporary financing facility that provides short-term funding until a permanent type of financing is in place, or until a commercial debt obligation is removed. Bridge loans range between 1-12 months with either a single repayment often (but not always) provided at the end of the term, or a series of daily, weekly or monthly payments. Rates for this type of financing are usually in the 8-20% range, but can be much higher depending on the type of bridge loan, or bridge-funding facility.

Bridge financing is typically used for working capital purposes, operating capital while waiting for permanent SBA financing, debt repayment, purchasing of commercial real estate and/or development of commercial real estate, but may have more specific purposes like paying a vendor, making company payroll, making a tax lien payment or completely paying off a tax lien, accounts payable needs, purchasing inventory, or waiting to clear a purchase order. A bridge loan usually funds faster than more traditional financing — which makes it appealing to businesses that are waiting for more traditional financing to come available. But with speed in funding comes increased risk for the lender, therefore bridge financing is generally much more expensive than more traditional types of business term loans and lines of credit.

Accounts receivable financing is asset-based financing that allows business owners to access capital that’s secured by outstanding invoices. An accounts receivable financing company will advance you up to 100% of the value of a given outstanding invoice, but they’ll charge a fee from the value each week it takes your customers to pay the invoice in full.

USA Funding has a host of lenders who will finance construction of both owner occupied (51% minimum) commercial buildings as well as investment commercial real estate. Again, knowing how to structure a construction deal is a large part of its success.

Our construction loans will always either convert into a permanent loan after the project is complete OR we will have the permanent loan “in place” before construction begins. This is done to ensure the potential borrower is comfortable that they are not getting into a project that they cannot finance further down the road. Additionally, to protect our clients we will typically make sure that the construction financing is set up on a Draw structure. This means that the borrower will have access to a portion of their funds and can draw funds down as construction is completed. This is done to save the borrower money so they are only paying interest on the money they use, as they use it.

USA Fundings specializes in acquisition financing across all industries nationwide. Our dedicated M&A lending team has extensive SBA expertise and offers speed-to-market and certainty at closure. Our team of loan experts will help you understand the process of acquiring a business with financing that meets your needs.