Category: Business Capital

Working capital is essential for small businesses to cover day-to-day operational expenses and manage cash flow effectively. There are several options available to small business owners seeking working capital:

1. Short-term loans: These loans provide a lump sum of cash upfront for working capital purposes, typically with repayment terms under two years. They offer quick access to funds but may come with higher interest rates compared to traditional long-term loans.
2. Business lines of credit: This revolving credit option allows businesses to draw funds up to a set limit as needed. It provides flexibility, as you only pay interest on the amount used and can repay and reuse the credit line.
3. Invoice financing: This option allows businesses to free up cash from unpaid invoices. It’s particularly useful for companies facing cash flow issues due to late customer payments.
4. Merchant cash advances: While not technically a loan, this option provides an upfront sum in exchange for a portion of future credit card sales.
5. SBA CAPLines: These are specific types of SBA 7(a) loans that function as lines of credit for working capital expenses. They can be more accessible for newly established businesses or those that might not qualify for traditional financing.
6. Alternative lenders: Companies like Credibly and Fora Financial offer working capital loans with less stringent requirements and faster approval processes compared to traditional banks. However, they typically charge higher interest rates.
7. Trade credit: Negotiating extended payment terms with suppliers can be an effective way to manage working capital without taking on debt.
8. Factoring: This involves selling accounts receivable at a discount to access capital sooner, which can be particularly useful in industries with long payment cycles.

VIPCapitalFunding.com offers tailored working capital solutions for small businesses, providing quick approvals and flexible terms to meet diverse financial needs. When considering working capital options, it’s crucial to evaluate the terms, interest rates, and repayment schedules carefully. Each business’s situation is unique, so what works best for one may not be ideal for another. It’s advisable to consult with a financial advisor to determine the most suitable working capital solution for your specific business needs.

Remember, responsible borrowing is key. Ensure that you have a clear plan for using the funds and that your business can comfortably manage the repayment obligations. With the right working capital strategy, small businesses can effectively manage cash flow, seize growth opportunities, and navigate financial challenges.

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:

1. 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.

2. 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.

3. 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.

With its small business funding and strong, unmatched strategy for your business, VIPCapitalFunding.com, a leading fin-tech firm in the US, aims to provide your company with an unfair competitive advantage.

After studying more than 1,000 clients, VIPCapitalFunding.com offers the best capital on the market and has enhanced ROI by an average of 400%.

Its goal is to significantly increase working capital for small- to medium-sized firms across the country with the least amount of red tape.

Industries Helped by VIPCapitalFunding.com

• Full-Service Restaurant

Over 100 different restaurants have received assistance from VIP Capital Funding before, during, and after COVID-19. They have offered guidance and assistance with a variety of loans for restaurants, including short-term merchant cash advances, real estate-backed collateral loans, paycheck protection programs (PPP), and loans for economic injury disasters (EIDL). If you require anything from $5,000 to $5000, they are the preferred loan for eateries. A lot of restaurants take advantage of the many financing options to buy equipment, and industrial ovens, engage in marketing, or even j to have extra cash on hand.

• Construction Owners, General Contractors and Subcontractors

Contractors frequently have a backlog of work. Even though the money earned from these jobs is more, they are limited in their earning potential since they lack the resources to buy the necessary supplies or equipment. There is no room for further personnel. When done properly, all of this generates cash, and a contractor earns 30% to 40% of the job. With a 95% approval rate, VIP Capital Funding can help you receive the money you need to finish the developmental tasks you have in front of you.

• Plumbing, Heating and Air-Conditioning Contractors

Contractors for plumbing, heating, and air conditioning You are constantly moving, whether you are just starting out or an experienced veteran. Whatever the cause, small business loans from VIP Capital Funding can be able to boost your company’s gross profit by 300%–500%. Working cash from VIP Capital Funding can be used for a variety of purposes to support the expansion of your firm.

• Landscaping Services Business Loans

Given that it serves more than 700 sectors, VIP Capital Funding can assist landscaping businesses. Numerous small and medium-sized businesses around the nation have benefited from their assistance in realizing their potential. One of many such enterprises is the landscaping industry. Despite being predominantly a service-based sector, the landscaping industry does require some upfront capital input.

• General Freight Trucking, Truckload

A tremendously lucrative industry is general freight trucking. It alludes to the long-distance shipping of goods in containers or van trailers. VIP Capital Funding may be able to assist you. Whether you already operate a trucking company or wish to launch a new one, they provide quick approval business loans that will improve your financial situation.

More Industries

• General Automotive Repair
• Beauty Salons
• Electrical Contractors and other Wiring Installation Contractors
• Janitorial Services
• Office of Physicians (Except Mental Health Specialists)
• Offices of Dentists
• Residential Remodelers

Regardless of industry, when the number of the same businesses grow the competition becomes a lot tougher. And this is happening everywhere, and this can be a great problem for small businesses that don’t have enough working capital. When this happens, small businesses struggle because of lack of funding. With sufficient working capital, it will be very hard for small ventures to survive, making it hard to have a fluent cash flow which may lead to its downfall. But fortunately for struggling businesses, companies like VIP Capital Funding are always ready to lend a hand. 

VIP Capital Funding is one of the leading fin-tech firms across the United States. It is a company that specializes in helping small businesses to gain an unfair competitive advantage through small funding and unparalleled approach for better cash flow. Its mission is to help struggling businesses to facilitate a substantial amount of capital to minimize paperwork and to have an aggressive approach to improve cash flow. 

Why A Lot of Businesses Prefer VIP Capital Funding Over Banks

Many small businesses prefer VIP Capital Funding than loaning from banks, this is because of a lot of different aspects. Things that only the small business owners can describe. However, there are various advantages in choosing the firm over banks. One of them is speedy transactions that don’t involve a lot of paperwork. For struggling businesses, time is of the essence and the quicker they can raise funds the better. 

• Dedicated in Helping Businesses – VIP Capital Funding is a firm dedicated to helping businesses, that is why when banks say no to owners, it always says “YES”. As long as the business is qualified for the fundings it offers. This is one of the common reasons why entrepreneurs prefer it over banks.
• Quicker Transactions and Less Paperwork – The offers of the firm have a lot less paperwork compared to banks. Leading to speedy transactions which is beneficial to struggling businesses. This allows them to raise the funding they need as quickly as possible. 
• Easy and Quick Process – VIP Capital Funding also has a team of financial officers with the expertise and experience for a more efficient consultation process. It has a tailored system that makes the application quick and easy just like the way the clients would hope for. 
• With A 95% Approval Rate – The firm also offers a 95% approval ratio which clearly attracts clients.

Regardless of the industry, VIP Capital Funding is always willing to help business owners with their funding issues. Giving them a better chance of business growth and opening up more opportunities. That is why it is one of the leading fin-tech firms in the US.