Financing Solutions
Small business financing options that can benefit businesses. Block Equity Group, where small businesses go big. Providing fast and affordable financing for over 3,500 small businesses.
What is Small Business Financing?
Business financing is when a small business receives financing, such as an SBA loan, private credit, or line of credit, that is used solely for business purposes. In fact, most businesses rely on small business financing to help meet many of their needs. Small business financing can apply to anything business-related such as marketing efforts, location expansion, and general working capital.
At Block Equity, we understand how small businesses operate and we’ve created financing solutions to meet those needs. Our funding solutions offer a simple application process, easy-to-understand terms, and flexible payment options so small businesses can obtain the working capital they need when they need it most.
It all starts with an application so we can learn more about your small business. If we’re a fit and your business is fully approved, our team will work diligently to send over your business’ funds as quickly as possible. Browse our financing options and see what’s right for your business!
Our Financing Options
Term Loan
Great for receiving funds in one lump sum with fixed payments and terms. Small business loans are ideal for bridging a gap in cash flow, one-off equipment purchases, capitalizing on a new opportunity, or completing a big job.
- Loan Amount: Starts at $5,000, up to $2 million.
- Tailored Payment Solutions: Automatic withdrawal from the business bank account.
- Business Loan Terms: Starts at 2 years and ranges up to 10 years.
- Key Benefits: An easy application process, fixed payments, longer terms, and access to higher dollar financing amounts.
- Cost and Fees: An interest charge or fixed fee will be charged; other fees may also be charged.
Private Credit
Private credit gives your business fast access to working capital from $5,000 up to $5,000,000 with flexible payments based on your receivables and terms of 3 to 18 months.
- Advance Amount: Starts at $5,000 and ranges up to $5,000,000.
- Tailored Payment Solutions: Automatic payments are calculated based on a percentage of the business’ credit card sales or other receivables.
- Key Benefits: Payments are based on the business’ receivables, so there is no fixed payment term. Great for businesses that have high credit card sales/receivables or are seasonal.
- Payment Frequency: Variable automatic payments.
- Cost and Fees: The receivables are purchased at a discounted price and fees may be charged and deducted from the advance amount.
- Estimated Completion: Estimated completion dates typically range between 3 months up to 18 months, and this is only an estimate based on the business’ performance.
Line of Credit
A business line of credit is a flexible funding option that works on a revolving basis. It provides businesses with an approved amount of working capital funds that they can draw on whenever they need it. A business line of credit is valuable for unexpected expenses, acting as a cushion for cash flow during slow times.
- Available Funds: Credit limits starting at $5,000, up to $750,000.
- Tailored Payment Solutions: Payments are automatically withdrawn from the business bank account.
- Payment Terms: up to 24 months.
- Key Benefits: Flexible funding is ideal for repeat cash flow, which allows businesses access to working capital when they need it most.
- Payment Frequency: Fixed daily, weekly, or monthly payments withdrawn from the business bank account on file.
- Cost and Fees: An interest charge or fixed fee will be charged; other fees may also be charged.
Bridge Loan
Bridge loans are short-term loans available to businesses while they secure permanent financing or remove an existing financial obligation. Ideal for businesses that need to meet current obligations with immediate cash flow.
- Loan Amount: Loan amounts start at $5,000 and range up to $1 million.
- Tailored Payment Solutions: The fixed payment amount is automatically withdrawn from the business bank account.
- Loan Terms: Loan terms start at 3 months, ranging up to 60 months.
- Key Benefits: Access to quick capital until the business can secure a longer-term loan.
- Payment Frequency: Automatic daily, weekly, or monthly payments are withdrawn from the business bank account on file.
- Cost and Fees: An interest charge or fixed fee will be charged; other fees may also be charged.
SBA Loan
An SBA loan is a long-term, low-fee small business loan partially guaranteed by the government that can be used for business purposes.
- Loan Amount: Loan amounts range from $25K up to $5 million.
- Payment Frequency: Monthly payments from an account on file.
- Loan Terms: Loan terms range from 5 years up to 25 years.
Invoice Factoring
Invoice factoring, also known as accounts receivables factoring, allows businesses to turn pending invoices into immediate funds.
- Advance Amount: Advance amounts start at $20,000 and range up to $10 million.
- Simple Process: Get immediate access to capital on outstanding 30, 60, or 90-day invoices.
- Easy Application: Simply submit your outstanding invoices.
Asset Based Loan
Asset-based loans are based on company assets that are used as collateral to secure business financing. This allows you to borrow on an ongoing basis to cover expenses or investments.
- Loan Amount: Loan amounts start at $50,000 and range up to $15 million.
- Payment Frequency: Fixed daily, weekly, or monthly payments.
- Loan Terms: Loan terms start at 6 months, ranging up to 36 months.
Commercial Real Estate Loan
A loan to help finance the purchase, development, or repair of land, buildings, offices, and other commercial properties.
- Loan Amount: Loan amounts start at $75,000 and range up to $15 million.
- Payment Frequency: Monthly payments from an account on file.
- Loan Terms: Loan terms start as low as 5 years, ranging up to 20 years.
Small Business Financing Questions to Consider
Anywhere from $5,000 to $15 million depending on the product. SBA loans go up to $5 million, term loans up to $2 million, commercial real estate up to $15 million, lines of credit up to $750,000, and private credit from $5,000 to $5 million. Your revenue, credit, and time in business decide where you land.
It depends on the product and on how quickly you send your documents. Private credit and lines of credit move the fastest. SBA loans take longer because of the paperwork, and they offer the lowest rates and the longest terms in return. Once your application is complete, we keep it moving and keep you posted from start to finish.
Most products start at a 550 credit score, and SBA loans are stronger at 600 and above. If your credit is not there yet, private credit looks more at your revenue and receivables than at your score.
Most applications start with recent business bank statements, a photo ID, and a voided check. Larger loans and SBA loans also ask for tax returns and financial statements. Your advisor gives you one clear list up front so you are never chasing paperwork.
Yes, and private credit is built for exactly that. Payments flex with your credit card sales and receivables, so a slower month means a smaller payment. If you need a larger amount with fixed payments instead, a term loan may be the better fit.
It depends on the product if there are any fees at all, and there are never upfront fees.
Ready to See What Your Business Qualifies For?
Ready to see what your business qualifies for? Apply now and get a funding review from the Block Equity Group team.