The 5 Biggest Benefits of Small Business Express Loans
- September 15, 2020
- By REIL Capital
Funding your small business is essential for growth and maintaining a profit. No matter if you are an expert in saving, or just getting started, a small business loan might be in your favor.
Here are some of the reasons we feel that loans can be beneficial to you and your business:
- Low-Interest Rates
Interest rates are always a fear factor when seeking financing options. The lower, the better, right? Although dependent on creditworthiness and specified qualifications, interest rates on small business loans are as low as you can get. More often than not, the rates remain in a low range between 9 and 11 percent. With REIL Capital, SBA loans stay closer to the 6.50-8.75% range.
- Simplified Process
Dealing with a traditional bank can not only be time-consuming but also complicated. At REIL, we make the process simple and transparent. With less documentation needed upfront, youâ€™ll undergo a much smoother process while working alongside a representative. After filling out an instant online application, you and your representative will explain all that needs to be done in order for you to obtain the best, fastest loans you need. Weâ€™ll also help you decide if a Small Business Administration loan is right for you by going over several other funding options and helping you decide which one will best meet your needs.
- Access to Capital
One of the greatest benefits of Small Business Express Loans is the amount of capital available. With an anticipated amount of $30,000-$5,000,000, after qualifying, youâ€™ll be on your way to funding your business and feeling confident in the working capital you have accessible. Working with us helps to ensure a positive ROI and a method to scale.
The turn around time for working capital is unbeatable with this type of loan. While this does not provide instant funding, we can ensure that the process goes as quickly as possible. In about a monthâ€™s time, with REIL Capital, your business will have the funding it needs to continue growing and scaling.
- Payment Ease
With affordable monthly payments, lower interest rates, and longer payment terms, these loans are a great option for a wide variety of businesses. The funding may not be instantaneous, but it sure does beat going through a traditional bank. Plus, as a family-owned business, you know you, your business, and your capital are in good hands. Work with whom you trust. Who better to trust than family?
Head to our free, 3-minute application, and weâ€™ll set you up with the best representative for you.