Business Capital

Loan applications and approvals for small business capital can be cumbersome and stressful. In fact, getting preapproval for a small business loan can sometimes feel like an impossible feat! 

The SBA and traditional banks require extensive, thorough processes that delay access to the financing you need. Luckily, there are other alternative options than bank loans or SBA loans for small business owners like you.

Potomac Mutual Trust has features that don’t exist from many other lenders, like:

• Fast approval
• Consideration of your request regardless of your credit
• Flexible repayment options
• A simple application process
• Reasonable, competitive terms and
• Speedy access to funds.

Small business owners typically look to Potomac Mutual Trust to apply for same-day business loans at some point or another. 

You probably want a small business financing source that you can apply, receive approval for, and access the money all within the same day. However, this is not always an easy feat, as many business loan options can take days or even weeks to acquire.

When you need fast business capital, traditional lenders won't make the cut. You must work with business lenders with experience in fast business capital products that can deliver rapid finance results. 

The alternative online lending industry has expanded drastically in the last 8 years offering more same day funding options than ever before.

What are the Most Common Uses of Business Capital?

• Cash Flow - Helps balance out cash flow in a tight revenue vs. expenses scenario.
• Daily Expenses - Covers all basic immediate needs of a business whether a purchase or expense issue.
• Advertising and Marketing - Advertising costs related to customer acquisition can be managed with the strategic use of emergency business loans for a targeted approach.
• Repairs - Equipment breakdowns, facility repairs, and other repair needs are unexpected expenses that lending options can swiftly address.
• Inventory & Supplies - Capital to replenish inventory and supply to meet customer demand is essential, and quick access to funds through an emergency loan can be crucial.
• Payroll - Emergency payroll issues due to lack of cash reserves in a business bank account can disrupt operations, but ample lending options provide a safety net.
• General Emergencies - Cash infusions due to extenuating circumstances or an unexpected crisis are facilitated by emergency loans which are vital for business continuity.
• Accounts Receivable Issues - Sometimes clients/customers don't pay invoices on time causing a cash reserve crunch; business capital can offer the necessary bridge funding.

The most popular request from small business owners is Emergency Business Capital. Emergency Business Capital offers cash up front, with a fixed term, fixed interest rate, and a fixed payment. Good for emergency funding if you have compromised credit and a low balance bank account.  Emergency Business Capital allows for some credit issues vs. traditional business loans. Receive funds same business day from Potomac Mutual Trust's DAC Loan Programs.

• Lump sum of money upfront
• Fixed rate and terms
• Fixed payments
• Streamlined application process