Almost every business needs financing during its journey for managing expenses, inventory, new ideas, or expansions. However, getting funding from traditional channels is a tedious and time-consuming task. Even if businesses get financing, managing their debts can be a daunting task. For businesses struggling with finding funding or managing debts, VIP Capital Funding is the ideal companion they need. It offers a range of business working capital services tailored to business needs. This article explores more about VIP Capital Funding and lists the key services it has to offer.
VIP Capital Funding – A Quick Overview
VIP Capital Funding is a leading fin-tech firm in the United States that offers small to mid-sized businesses easy, instant, and reliable financial solutions, whether it’s related to loans, grants, or debt consolidations. Backed by a team of world-class financial experts, VIP Capital Funding helps businesses grow and improve cash flow, all through hassle-free and super-fast financial services.
3 Top-Notch Services of VIP Capital Funding
VIP Capital Funding has oriented its services according to the modern needs of businesses. Below is a glimpse of its three top-notch financial services:
- Small Business Working Capital
For those businesses that need a substantial amount of funding in a matter of days with less paperwork, VIP Capital Funding offers them the one-stop place to fulfill their needs. Its small business loan program offers $50K-$15MM funding for a term length of 6-24 months in just 1-3 business days. The other attributes of this program worth knowing include the following:
- Prepayment discounts from 10%-35%
- Pre-approval within 24 hours
- Renewals after 50% is paid down
- No prepayment penalty
- Tax write-off interest rate
- Soft pull-on credit
- All industries supported
Overall, VIP Capital small business loan program is best for businesses looking for flexible loans to fulfill their various financial needs, such as day-to-day operational expenses, inventory, expansion, etc.
- ERC Grant and Bridge Loans
The Employee Retentions Credit (ERC) grant provides businesses with a grant who were able to keep their employees during the pandemic. It can provide up to $26,000 per W-2 Employee depending on qualified wages and paid healthcare to employees.
VIP Capital Funding is helping businesses uplift their grant amount to $15MM with its Bridge Loans program. This is a huge opportunity for businesses looking for more capital in a hassle-free way. VIP Capital is offering Bridge Loans for up to 65% of the approved grant.
- Debt Consolidation
Dealing with multiple debts at the same time can become a challenging task and might also lead to higher interest rates. To help businesses struggling with multiple debts, VIP Capital Funding provides a debt consolidation service. This service allows businesses to manage multiple debt payments from one central place, i.e., clients make a single payment to VIP Capital, while the team behind VIP Capital manages all the payments to various creditors on their behalf. This way, businesses can streamline the debt payment process.
Besides that, consolidating also lowers the interest rates compared to what is currently being paid. Moreover, businesses can also get personalized debt consolidation solutions to achieve their financial goals and improve their credit scores.
To sum up, VIP Capital Funding is undoubtedly the leading and services-rich fin-tech firm in the United States, helping businesses get timely loans and streamlined debt management.