We've got your back for whatever business you run.
As a small business owner, unexpected expenses or cash flow gaps can arise, making it necessary to secure financing quickly. Same-day business loans offer a fast and convenient solution, providing access to the necessary funds on short notice.
North Carolina has a diverse economy that relies on a variety of industries and businesses. You're here because you have big goals.
Ours is to ensure businesses of all kinds are connected to the best funding
solutions for their needs.
Whether you prefer to apply online on your time, or over the phone with one of our funding specialists, we're here to help your business connect to funding.
A loan that provides a lump sum of money that is repaid within a business term loan of over 6 to 48 months. These loans offer the convenience of a fixed amount and a pre-determined repayment plan.
These differ in cost as well as providing speedy access to funds, making them a viable option of small business loans.
With very lenient credit requirements and minimal paperwork, securing this loan is often a quicker process than traditional term loans, making it an excellent solution for working capital or purchasing inventory at a discount
Small business owners have looked to Potomac Mutual Trust for same-day business loans at some point or another.
You probably want a small business financing solution that you can apply, receive approval for, and access the money all within the same day.
An easy feat for us, whereas many other business loan lenders can take days or even weeks to fund.
When you need fast business working capital, traditional lenders won't make the cut.
You must work with business lenders with experience in fast business loan products that can deliver rapid finance results.
The alternative online lending industry has expanded drastically in the last 10 years offering more same day funding options than ever before.
Merchant Cash Advances provide an upfront lump sum of money to businesses in exchange for a fixed percentage of the businesses’ future sales.
Cash advance terms are expressed as a purchase of future sales, so you are given a fixed amount and then responsible for paying back a greater amount through a fixed percentage of future sales.
The difference between the amount given and the amount paid back to complete the agreement is your flat cost of money for the cash advance.
Borrowing costs may be higher than traditional products.
The estimated time to repay is typically 18 months, but there are no term limits as the cash advance repayment is based on future sales.
This type of financing is not a term loan but a cash advance. This product is not offered by traditional lenders.
Applying for Business Rescue Funding can be time-sensitive, and preparation is key to ensuring a successful application. Small business owners who are prepared and organized can significantly increase their chances of securing Business Rescue Funding.
Small businesses may require this type of financing for various reasons, including unexpected expenses, seasonal fluctuations, or growth opportunities.
Sometimes, these loans may be necessary to address urgent financial needs and maintain business operations.
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