High quality accounts receivable financing services Denver? Whether you own a medical clinic, dental practice, chiropractic office or a veterinary clinic, you need reliable financing to help support business operations and purchase equipment. Talk to the financing team at Aspen Commercial Lending about healthcare financing today. Did you go into debt pursuing your medical degree and license? What about what you opened your practice? Regardless of your situation, sky high interest rates and varying payments are likely dragging you down. Don’t let them anymore. Apply today to consolidate your debt into one low monthly payment and get approved in as little as 24 hours. Medical equipment is costly to purchase and even more so to upkeep. Take the financial stress out of buying equipment and lease it. We offer several payment options and the opportunity to take up to 50% off soft costs.
Build credit scores. Your FICO score is commonly used in lending decisions, and small business lenders require a personal credit score for a loan application. If your business is more established, it will have its own credit score ranging from 0 to 100. Know the minimum qualification requirements. Meeting the lender’s minimum qualification requirements will make you a stronger candidate for receiving a loan from them. Some lenders are a little more flexible if you over-perform in one area while underperforming in a different area. The SBA has stricter requirements, while online lenders can be much easier.
Finally, another option to consider is a government-insured loan like the Federal Housing Administration, or FHA, loans. The 203k loan program, for instance, lends out funds for purchasing multi-unit properties. However, this program may only be available to consumers wanting to buy owner-occupied places, and not to those looking for investment alone. Owning commercial real estate can not only diversify your business’s investment portfolio but can bring in a side stream of income as well. Keep these top financing options in mind and you’ll be on your way to pursuing the commercial property ventures your business needs. Find extra info on Small Business Lines of Credit.
If you struggle to get approved for a small business loan or any other type of loan from a traditional bank or credit union, it may be time to explore more creative options. At Aspen Commercial Lending, we offer business owners the opportunity to borrow against their credit card sales via a process called merchant cash advance. If your business is approved for a cash advance, our team at Aspen Commercial Lending will give you up to $200,000 for each business location. Your advances are then taken against your credit card sales to come. We don’t discriminate against credit card companies and will gladly advance funds against sales from MasterCard, Visa, Discover, American Express or any other eligible company. Once approved, you can expect your funds in no more than seven days.
Does your business allow customers to pay open accounts at a later date? If so, you may need accounts receivable financing from Aspen Commercial Lending. We can provide you with discounted account invoices to help your company grow during the interval. Financing for your business should be about more than simply receiving money. That is why you gain several benefits with a loan from Aspen Commercial Lending. The first being that the amount you receive is based on the credit of your customers, not your business. Some other things you can look forward to include the following: Receive cash in as little as 24 hours, Recourse-free funding, Flexible payments, Personal guarantees are not required. Our receivables financing service enables you to receive more funding as your sales increase. That means your funding can expand with your business. Find even more info on aspencommerciallending.com.