The Right People, Process and Products to make it all work
Every day you are called about a small business loan to help your business. You may feel confused about the process or so frustrated because the calls keep coming and you need money right now.
The dreams of your business are crumbling around you currently because of this pandemic and now you need to find a way to keep your business alive and like anyone else your family safe.
National Corporate Credit knows how you feel and have all the answers for you to make the process easy and painless. A term loan can be greatly beneficial to your business as long as you know what will best fit for you.
The key thing is not to get frustrated but to follow the plan, find a solution, and work with someone at our company to make it easy for you.
Our goal is for you to trust the process, to offer a solution and help you to keep your business in the right direction.
Business Term Loan
A business term loan is an amount agreed to help your business. This can be paid weekly, bi-weekly, or monthly. Typically, business term loans range from 6 months to up to 7 years. Most of these have fixed rates but can be variable. We suggest you stay away from variable rates it can be a nightmare for your business.
All loans, like business term loans, have a beginning and an ending. Most allow you to pay off early without any penalties.
Advantages of Business Term Loans
- Low-Interest Rates: Our rates typically range from 3.99% to 11.99% but can be up and down based on where interest rates are at that moment in time.
- Cash flow: Having available cash flow gives you the flexibility to invest in other parts of your business where you might not have had the money to do so before. These areas could be marketing locally, if you have a restaurant get new equipment or if you have a construction company get more supplies.
- Easy Payment terms: Who would ever have predicted this pandemic. Who would know that employees would make more money sitting at home on unemployment than working at your business but you had to keep things going. The great thing about setting up your own terms by deciding which company to work with you can set your budget in a way that works for you.
- We have the people, the right products, and the process: Applying with National Corporate Credit is easy from the start. Once you fill out our lead form or call us directly you will have approval in minutes if not seconds. We have a process that puts you in the driver seat to make it very easy to talk to our national banking network. Our relationships were built over a 10-year period. So, while other finance companies make promises we have already set up the right relationships to get you the money you need quickly. The whole process can be done in less than 10 days.
- How does your business win? The key thing is making your loan work for you. First, your loan is tax-deductible. Secondly, your credit score will increase with each on-time payment you make and increasing your overall credit portfolio. We also have other things to help you in the future to make your business better through our Success Portal.