One of the most common forms of business financing where funding amounts are based on your monthly gross business revenue and personal credit is not a determining factor. We offer funding amounts from $5,000 to $2,000,000.
With Asset-Based Lending, loan amounts are based on the value of the assets your business has — such as inventory, equipment or machinery. Asset based programs often act as revolving credit facilities.
With simple interest rates starting at 5.49%, term loans are a good option for established businesses looking to finance larger projects. Loan amounts range from $25,000 to $500,000 with a fixed monthly payment over a 1 to 5 year period.
Allows you to receive money today based on your unpaid invoices — even though you are still waiting on payment. The funds are unrestricted, providing a company more flexibility than with a traditional bank loan.
Our SBA Bridge Loan Program assists in resolving obstacles that come up during the SBA approval process as well as day to day business processes. Receive up to $2,000,000 with an SBA Bridge Loan.
Business lines of credit are ideal for new or established businesses looking for an unsecured financing solution to supplement cash flow. Take advantage of unexpected business opportunities, expand your business, or cover expenditures.
When my partner and I wanted to expand our hair salon business by adding another location, we needed startup capital. With just average credit scores, we were finding that dealing with our local bank was a hassle. So we contacted BrookeVale Funding, and within a week of talking to our representative Chris, we had $32,000 in our banking account.
As a startup company phone and computer repairs we didn’t have much of a credit history, so traditional banks were not an option for us. When we needed to purchase special equipment in order to fulfill the requirements of a very large account, we turned to BrookeVale Funding for a solution. They walked us through a few options and were able to get us the funding we needed within 10 days.
With some accounts slow paying during the holidays, I needed a one-time loan to make payroll. My BrookeVale Funding representative walked me through a few funding options and, based on our accounts receivable numbers and good credit score, we were able to get $27,000 within just a few short days.
When I needed extra cash flow to hire two new crew members for my landscaping company, the bank turned me down almost immediately. I called BrookeVale Funding and they took the time to really get to know my business. Within a week of my loan application and approval, I had the money I needed bring on two new employees.