In today’s current economic environment, it’s become very difficult for many local small businesses to find the working capital they need from their local banks and other traditional lenders. Southern Capital Funding Network has access to alternative financing opportunities for small businesses in the form of working capital loans.
Local banks and credit unions will continue to serve a specific segment of the market, but our alternative financing options give us the ability to provide more flexible lending options for the small business owner.
Our main sources of working capital include:
Lines of Credit - Loans amounts from $25,000 to $750,000, with credit scores as low as 600. Minimum 6 months in business, and $10,000 per month revenue.
Term Loans – Loan amounts from $100,000 to $3 million, with credit scores as low as 650. Minimum 6 months in business, and $25,000 per month revenue.
Short-term advances up to $50k – short term working capital loans up to $50,000+ with credit scores as low as 500. Minimum 6 months in business, and $10,000 per month revenue.