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Learn About Our Financing Options
We never run your personal or business credit without your permission.
At Warrenton Capital, we look for the best way to leverage your business to get you funds at the lowest rate.
Unsecured Business Loans
Have a growing business, but not much in assets? An unsecured business loan can be the best way for you to grow your business.
We have an extensive network of alternative lenders to work with. Each has a specific niche so we can accommodate any and all small business owners’ capital requests. We are confident that we can find alternative financing for over 90% of the requests we receive making us the premier choice for your unsecured small business loan needs.
Unsecured business loans are difficult to get funding for through traditional bank routes. Banks will always require a personal guarantee or collateral of some sort for any business loan. Business performance rather than collateral is what alternative lenders base their underwriting on.
Accounts Receivable & Invoice Factoring Loans
Is cash flow tight because clients owe you money? Try an accounts receivable based loan that gives you credit for work you have already done.
Receivable financing helps grow your small business and meet your cash flow needs. If you have the financial inability to get a bank loan or are considered non-bankable, invoice factoring gives you the working capital you immediately need. Many times, traditional bank financing is not possible for small businesses or the approval process takes an excruciatingly long duration.
The factoring process allows for the advance of up to 92% of the accounts receivable amount the day the work is completed, or the service is performed. Factoring business invoices is a simple process; you get immediate cash when you need it most to run your business efficiently. This type of financing provides you with quick, flexible cash when you need it.
Have you invested a lot of money in equipment, or want to buy equipment but don’t have the cash to do it? Equipment loans are one of the most common business loans because the equipment is collateral.
We are very knowledgeable about all industries and can answer questions you may have. We provide capital for all types of industries including construction, restaurant, transportation, trucking, manufacturing and healthcare to name a few. Equipment leasing allows you to keep your cash in house and use someone else’s money to purchase your equipment. We provide fair market value financing and dollar buyout leases as well as business expansion, refinancing, sale lease backs and working capital loans. We can help you determine which is best for your business. Lease rates and terms will be determined based mostly on your business performance, the cost of the equipment, and your credit.
Residential Real Estate Loans
Do you have equity in a residential or commercial property, but don’t know how to get a loan against it? Real estate loans can provide working capital at a low rate if you find the right financing partner.
The definition of “residential hard money” when referred to in real estate financing, is essentially a non-bankable loan on an investment single family home (or duplex). The name residential hard money is frequently interchanged with “no-doc”, private loans, bridge loans, etc… For a residential hard money loan, the underwriting decisions are based on the borrower’s hard assets.
When is a Residential Hard Money loan appropriate?
- Borrowers with impaired credit
- Tax Liens/Judgements/unpaid items etc.
- Borrowers that need funds quickly on their residential investment property
- Time constrained borrowers/ Borrowers need a quick closing
- Borrowers in need of a stated loan due to tax returns (or lack thereof)
- Foreclosure avoidance
- Borrowers do not have the time or energy to jump through the multiple hoops of a conventional lender
- Complex loans with multiple pieces of collateral
Purchase Order Financing
Do you have orders from large clients but don’t have the money to fulfill them? Purchase order financing can be available to help you execute on the orders and grow your business.
Unlike factoring which accelerates the cash from your invoices, PO funding or purchase order financing gives you the ability to have goods available for your clients from your sources before an invoice is generated.
If you are a product importer, jobber, reseller or distributor, and need capital to deliver a large purchase order, then purchase order funding can be a solution to fuel your business, deliver your orders and grow your business.
Benefits of Purchase Order Financing
- PO Financing is not a loan
- PO Financing Pays Your Suppliers or gives them Payment or Vendor Guarantees
- PO Financing allows you to take on bigger orders
- You can leverage our fulfillment and logistics expertise
Asset Based Lending
Is a lot of your money tied up in inventory or other types of assets? There are a variety of loans available, depending on the asset.
Asset Based loans typically are larger than unsecured types of loans and range between $500,000 and $50,000,000. Most business owners that qualify for an asset based loan or asset based financing will be in manufacturing, large wholesalers generating commercial accounts receivable invoices, those that have large inventories, and those that have business equipment and machinery. Funds can be used for day-to-day operating expenses, or as capital for restructuring, turnarounds, mergers and acquisitions, and buyouts.
If you have a strong and growing business that needs significant capital, an SBA loan can be the best choice. Backed by the government, SBA loans can take some time to get approved but are offered at very low rates.
The Small Business Administration (SBA) is a federal agency dedicated to helping entrepreneurs improve their small businesses, take advantage of contracting opportunities, and gain access to small business loans. However, one common misconception is that SBA lends money to businesses. For the most part, that’s not true. The agency does not directly lend money to businesses. You actually get an SBA loan from a bank that participates in SBA financing. The SBA guarantees a percentage of those loans to the banks, so financial institutions have more incentive to lend money to small businesses.
Because of the guarantee, bankers may be more willing to lend you money even if you don’t fit their strict credit criteria. But at many major banks, getting an SBA loan can still often be a complex and lengthy process that can take several months. Lenders will want to review your credit and financial statements and expect you to have collateral to secure the loan. So even with the government guarantee, many small businesses may not qualify for SBA financing.
If you would like to apply for an SBA loan, expect to complete an extensive loan application, plus provide documents such as financial statements, information on your collateral, a description of your business, and a statement of how you’ll use the loan proceeds. They will look for applicants with good credit, a solid business plan, collateral, and a demonstrated ability to repay the loan.
You’ll also have to choose which SBA loan program you’d like to apply to. The most popular programs are the SBA 7(a) loan which can be used for many general business purposes and the CDC/504 loan, which is most often used to purchase major fixed assets such as equipment and commercial real estate.
To find out more about the SBA process, please give us a call today!