business loans and advances
Decision in 2-4 hours. Will not impact your credit score.
business loans and advances
Decision in 2-4 hours. Will not impact your credit score.
About Us
Lince Capital Group, LLC
Since the Recession, business financing options have gotten more and more scarce. After a grueling 4-8 weeks of applying for a traditional bank loan where you get no indication on whether you qualify, your business gets a "declined". Should a business owner have bad credit or other blemishes on their financial histories, what is already a difficult search for a bank loan can become effectively impossible. What do you do?
Fortunately, business owners do have options. Over 30 years of Wall Street experience has enabled Lince Capital to develop some of the strongest relationships with private investors who look to invest in Americas Small Business . We analyze your needs and make a quick recommendation on your behalf. Our financing products are easy-to-access bank loan alternatives. Even if your credit score is less than perfect, or you have outstanding business loans, we will work with you to create a plan that you are comfortable with and can help you meet and exceed your goals. From there, an even more simple renewal process ensures access to additional funds when you need them.
We work with business owners in all 50 states, Canada (and even internationally) in almost every industry, so don’t hesitate to contact us and get a free quote. You might be surprised what we can do for you!
Why Us?
At Lince Capital, our goal is to strengthen your business borrowing power and help you meet any urgent financial need. You will notice the difference almost immediately upon your first contact with Lince Capital. Your assigned specialist will work with you to get you the lowest cost funding options that you need and qualify for.
Some of the products we offer:
- Business Term Loans
- Lines of Credit
- Merchant Cash Advances
- Equipment Financing
- Invoice Financing
- Fix-N-Flip Financing
- Franchise Financing
- Real Estate Financing
- Merchant Processing
- Sub-prime SBA loans
- Specialty Loans
- Private Equity
However, you will notice that our services do not end there. Lince Capital works with you to develop a financial strategy that will help position your business for more conventional funding. Our checklist will keep you on track to build optimal business qualifications that will open better financing options in the future.
As you’ve probably discovered, a strong business credit profile can give you access to untapped business opportunities.
Getting the best funding is easier when you have a business team that knows how, is dedicated to boost your business funding profile, and ultimately cares about results. At Lince Capital, initial funding is the beginning of a long-lasting relationship.
Committed to Your Success
Every successful financial strategy starts with an excellent client relationship. Our mission and values include exceeding our client’s every expectation. Call us today to find out how we can suggest long- and short-term strategies that will help you realize your financial business goals.
Our Products
Business Cash Advance
Business Cash Advance
Business Cash Advance
A business cash advance, also known as a merchant cash advance (MCA), is a financial product that is fast to underwrite and approve, and where credit score has little impact. It is not a loan. It is a purchase of a portion of a business’s future sales. Business owners get cash up front, and then repay their advance as a percentage of the
A business cash advance, also known as a merchant cash advance (MCA), is a financial product that is fast to underwrite and approve, and where credit score has little impact. It is not a loan. It is a purchase of a portion of a business’s future sales. Business owners get cash up front, and then repay their advance as a percentage of the sales they make over time, allowing them to get cash fast and expand their business without damaging their cash flows.
A cash advance is based on a business’s sales, as demonstrated in their most current three months of bank statements. That, and a short application, is all business owners need to submit in order to begin a relationship.
Often, after the initial advance is over 50% repaid, they become eligible for another round of financing, with a higher approval, better rate, or both. Over time, they are able to grow their financing options along with their business.
Have questions, check our Q&A, or contact us today!
Business Term Loan
Business Cash Advance
Business Cash Advance
At Lince Capital, our loans are for businesses that don’t qualify for traditional loans or for businesses that have urgent short term cash needs. If you have any of the following situations, we could help.
- You cannot be served by traditional lenders because your business doesn’t meet their underwriting standards (your personal credit, your
At Lince Capital, our loans are for businesses that don’t qualify for traditional loans or for businesses that have urgent short term cash needs. If you have any of the following situations, we could help.
- You cannot be served by traditional lenders because your business doesn’t meet their underwriting standards (your personal credit, your industry, or the requested loan amount may impact your ability to be served by traditional lenders).
- Your business is short of cash due to unexpected bills, emergencies, or opportunities
- You are trying to rebuild your credit by responsibly paying off loans
Our application process is easy…
- One page application at no cost – APPLY HERE
- At least 3 complete months in business with income
- For profit businesses only
- Business bank account must be in the name of the business
- Personal credit 500+
- 4-24 hours decision
- Funded in 24-48 hours
- Funds wired to your account
Term Loans
- Rates from 12% Annual Interest Rate (AIR)
- 3months to 10 years (short- and long-term)
- One-Time Origination Fee (2% to 10%) deducted from your funded amount
- Payment: Weekly & Monthly
Have questions? Check our Q&A page, or contact us!
SBA Loan
Business Cash Advance
SBA Loan
SBA Loans: The Basics
The Small Business Administration (SBA) is the government agency that partially guarantees SBA loans and was founded in 1953 to support small business owners across the United States. An SBA loan provides a guarantee to banks and lenders for the money they lend to small business owners. This guarantee protects the l
SBA Loans: The Basics
The Small Business Administration (SBA) is the government agency that partially guarantees SBA loans and was founded in 1953 to support small business owners across the United States. An SBA loan provides a guarantee to banks and lenders for the money they lend to small business owners. This guarantee protects the lenders interests by promising to pay a portion of the loan back if the business owner defaults on the loan. So when a business applies for an SBA loan, it is actually applying for a commercial loan through a bank or authorized SBA lender, structured according to SBA requirements with an SBA guarantee.
Essentially, SBA loans alleviate the risk associated with lending money to business owners. Read more about SBA’s role in the process.
Where Can I Apply for an SBA Loan?
In the past, small business owners had one option when looking to secure an SBA loan – walking into a bank. However, many businesses might not know that while one bank may say ‘no’, another bank will say ‘yes’ to the same potential borrower. Technology now gives loan-seekers the ability to find an SBA loan provider online that is a good fit. Because Lince Capital works with multiple banks with varying credit requirements on our platform, we’ve been able to secure loans for many applicants who were initially rejected by their local banks.
What’s our secret? It’s no mystery – we have created strong partnerships where sophisticated software allows us to match borrowers with the bank most likely to approve and fund their loan. Don’t waste your time going from bank to bank. We will do it for you quickly and efficiently.
What SBA Loans Cost
Now for the good stuff: How much is an SBA loan going to cost you? The news here is positive – it’s tough to beat the low interest rates and long repayment terms for these loans. SBA loans tend to be the least expensive financing available to small business owners.
SBA loans come with different rates depending on the lender you work with; however, the SBA establishes the maximum amount that can be charged for these loans. SBA loan interest rates are variable and depend on the loan amount and lender:
- 6.50% to 7.75% (Prime Rate plus 1.50% to 2.75%) for commercial real estate loans $500,000 – $5 million
- 7.75% to 8.75% (Prime Rate plus 2.75% to 3.75%) for loans $30,000 – $350,000
As with other types of small business loans, there are several fees associated with an SBA working capital loan. You will be charged a one-time referral fee of no more than 2% the loan amount and a one-time packaging fee of no more than 2% the loan amount for non-commercial real estate loans. For working capital loans between $150,000 and $350,000 there is a 2.25% guarantee fee paid to the SBA. Bank closing costs for working capital loans typically add about another $450 and include standard bank fees, though additional 3rd party report charges may apply. Fees are deducted from loan proceeds so you get the net amount when your SBA loan is funded. Keep in mind that rates and fees are subject to change without notice at any time.
Even after fees, SBA loans are vastly cheaper than the majority of alternative financing and alternative lender options. Questions?
Please visit our Q&A, or contact us today!