Uses For a Small Business Loan
As a small business owner, there can be many ups and downs in your financial situation. When money gets tight, one tactic well-suited for small businesses is a small business loan. At Capital Finance Partners we see small business owners implement SBA loans and small business loans in many of the following ways:
- Purchase Orders
Big opportunities for your business are often accompanied by the demand for big money. As purchase orders come rolling in, you may need extra cash to fulfill your growing demand. Our loans are easy to apply for and can be processed quickly. A loan can be a good tool to help you fulfill large purchase orders when they occur.
- Renovations
Would your business thrive if you had updated facilities or more modern equipment? If you have seen a slump in your business growth then renovations may be a lucrative business choice. Updating your space may help you keep up with competitors in a small market. Apply for a small business loan to cover any of the following renovation expenses:
- Machinery and equipment
- Tools
- Furnishings
- Signage
- Paint and decor
- Expanding
As your business grows, your facilities may need to grow as well. Adding-on to existing buildings or acquiring new property comes with an up-front cost that can pay for itself over time. We offer competitive interest rates, flexible repayment schedules, and fixed or variable rates to help you customize your loan to your specific needs.
Give Us a Call
If you think an SBA loan or other small business financing option may be right for you, give us a call today. At Capital Finance Partners our team of financial experts can help you through the process of acquiring funds. From beginning to end, we will be by your side to answer your questions and provide you with the financing options that work best for you.