Balboa Capital knows that when franchisees need cash, they need it quickly and without the hassle of mountains of paperwork. And that’s where we can help. Balboa Capital offers working capital loans for franchisees, and we make the entire process simple and highly efficient. You can fill out a simple online application on our website, and we will give you a credit decision fast. Balboa Capital is known for our rapid funding capabilities; we can provide you with up to $150,000 in cash for each franchise location in as little as five days.
Benefits of a Working Capital Loan
A working capital loan is an excellent way for you to get cash for your franchise locations. Because a working capital loan is unsecured debt, it doesn’t require the collateral of a traditional bank loan, and this means a greater chance of getting approved. As you’ve probably heard, the tough business loan standards of US banks have resulted in loan decline rates of up to 80%. More benefits of working capital loans include:
- Perfect credit isn’t required
- Rapid funding
- Shorter-term loans
- Interest may be tax deductible (consult with your accountant)
Apply for a Working Capital Loan with Balboa Capital
Balboa Capital has provided working capital loans to countless franchisees and small businesses, and we can do the same for you. To get started with Balboa Capital, click on the link below.