How many times has your business suddenly needed funds, leaving you without much time to plan? If you’re like most business owners, this is something that you’ve dealt with before.

Traditional financing can be slow. It’s also a lot of work. We want to make borrowing money simple and quick. That way, you can get back to work.

At AllFi Solutions, we offer easy, fast, and affordable solutions to your funding problems.

Moving at the Speed of Business

When you’re doing business, momentum is key. The last thing you want to do is slow down or, worse, stop. Unfortunately, that’s been all too common in the past. When a business needed additional funding, they had to wait for the loan process to creak forward. For a long time, traditional funding was the only option around.

Thanks to the power of the internet, things move faster now. In the modern marketplace, there’s no need to waste time and resources on slow, expensive loans.

AllFi Business Loans 

In the past, business loans were an iffy proposition. Whether you qualified or not was a major source of stress for business owners. Our business loans aren’t like that. You don’t have to have perfect credit, lots of collateral, or a long financial history to qualify.

We offer several types of unsecured business loans.

Term Loans

Our term loans are great for a business that needs to borrow money quickly. We have term rates from 1-5 years, depending on how fast you want to pay it off. This is a way to temporarily cover business expenses so your business doesn’t miss a beat.

Customers use our term loans to grow and expand their businesses. It can also help cover the cost of purchasing inventory, upgrading your equipment, or hiring new staff. Even bigger dreams, like opening a new location or following new business opportunities, are within your reach with a term loan from AllFi.

With AllFi Solutions’ term loans, there are no prepayment penalties. That way, you can pay the loan back just as soon as your funding comes through. Refinancing is available and we offer convenient automatic payment. Best of all, your interest is tax-deductible!

Requirements: Most current year-to-date financial reports, including

• Balance Sheet
• Profit & Loss (Income Statement)
• Detailed and Aging Accounts Receivable and Accounts Payable Reports

Lines of Credit

Our lines of credit allow you the flexibility you need to make your business work. This is different from a term loan in that you only borrow what you need, when you need it. Then, you can pay us back whenever you’re ready with no penalty for prepayment. You decide what monthly payment plan works for you.

Having a line of credit for your company is a good idea for when sudden, unexpected costs come up. If you don’t need to use the line of credit that’s great–you only pay interest on money you actually borrow. But if something comes up, like an emergency or an equipment failure, you won’t have to worry about where the money you need will come from.

A line of credit will give you the peace of mind that you can handle whatever comes your way. In addition, it will also help you build your business’s credit history, which will make securing financing easier and cheaper in the future.

Most lines of credit can be secured by:

• Account Receivables and Invoices
• Real Estate
• Personal Assets
• Machinery and Equipment
• Inventory

Requirements: Most current YTD Financials

• Balance Sheet
• Profit & Loss (Income Statement)
• Detailed and Aging Accounts Receivable and Accounts Payable reports

Small Business Administration Loans

Our small business loans are guaranteed by the federal government. That means you get the benefits of low interest rates and long-term repayment plans. It’s a great way to grow your small business.

Small business loans require a higher level of financial dependability than many other types of loans. To qualify, you need a credit score of at least 680. You also have to have two years in business and operate as a for-profit business in an approved industry. Other requirements include that you occupy or plan to occupy a commercial space.

The advantages of a small business loan are that the loan is guaranteed by the government and has low interest rates. The problem, though, is that securing the loan can be difficult if you don’t have good credit.

Merchant Cash Advances

Our merchant cash advances are lump sum payments that can help you bridge the gap until your funding comes through. It’s a process that allows you to borrow money today against your future cash flow.

We look at your history of income rather than your credit rating to determine your eligibility. No collateral is required. Because there is no collateral, the cost of capital higher than other loans. It’s a simple solution that will allow you to access your future income for expenses that arise today.

Requirements:

• Four most recent business bank statements
• Three recent monthly processing statements (if applicable)

Asset-Based Lending

Asset-based lending is a type of business loan that is taken against collateral. That collateral can include accounts receivable, property, equipment, inventory, or luxury assets. We loan you the money you need now, using only what you already have as backing.

Accounts Receivable Financing

When you need working capital but don’t have collateral, an A/R loan might be right for you. It’s a revolving line of credit, which means you can continually borrow from it, repay what you owe, and borrow again. We have no penalties for prepayment, so you can pay it back at a rate that works for you.

Because this credit line does not require collateral, we include covenants, or agreements, in the loan to ensure that you will be able to pay it back. That includes conservative debt service coverage and leverage ratios. With your Accounts Receivable financing, you can bridge the gap when times are tight or grow when things are good, borrowing only against your own future earnings.

Requirements:

• Most Recent Business Tax Returns
• Most current YTD Financials
• Balance Sheet
• Profit and Loss (Income Statement)
• Detailed and Aging Accounts Receivable and Accounts Payable Reports

Property Finance

Do you own property? If so, we can use your property as collateral for a loan. Whether you’re a developer, broker, or investor, we can get you financing. We can secure your loan using various kinds of properties, including multi-unit residential, commercial, medical, professional, and retail properties.

Our clients use our property financing for a number of important business expenses. If you want to expand your holdings, grow your business, hire new employees, buy new equipment, or just bridge a gap in your income, this is an easy and accessible way to do it.

Equipment Financing and Leasing

When it’s time to buy new equipment, it’s time to buy new equipment. We know that your cash flow and your equipment needs aren’t always synced up. Things break, opportunities arise, and obstacles come up–whether or not you have the cash on hand to cover it. That’s why we offer financing and leasing for almost any type of business equipment.

Here are some examples of what our customers have bought with their AllFi equipment financing: medical and dental equipment, fitness equipment, landscape equipment, printing equipment, commercial vehicles, industrial equipment, machine tool, heavy equipment, oil & gas equipment, agricultural equipment, logging equipment, computer hardware and software, restaurant and catering equipment, office furniture, telephone systems and more.

Inventory Financing

Inventory financing uses the inventory you already have as leverage against a loan. It is a rotating loan, which means you can borrow money, pay it back, and borrow again as needed. Because you already own it, it’s a way to free up your own capital when necessary.

We look at the forced liquidation value of your inventory–that is, what it would be worth if you were forced to sell it. We do due diligence, which may incur a fee, to ensure that your inventory and facility are in good working order. Then, we give you up to 70% of that value in credit. The minimum requirement is $500,000 in inventory.

An inventory loan will give you enough flexibility to cover costs during times of financial hardship or for exciting new investment opportunities.

Luxury Asset Loans

Did you know that you can use your luxury assets to secure a loan for your business? At AllFi, you can get cash now by putting your expensive items up as collateral. That includes all sorts of luxury goods, like artwork, antiques, jewelry, coin and stamp collections, fine wine, precious metals and gems, yachts, cars, and airplanes.

For the duration of the loan, the inventory will be held at our fully licensed and insured storage facilities. As soon as you repay the loan, we will return the items to you in the same exact shape you gave them to us. It’s a great way to free up your capital without permanently sacrificing the precious items you treasure.

Invoice Finance 

With invoice financing, you can use the money you are set to receive from your customers even before they pay you. We also offer letters of credit to allow you to pay off your suppliers as soon as possible. This can help you streamline aspects of your business that might normally slow you down.

Invoice Factoring

With AllFi’s invoice factoring, you can convert outstanding invoices into cash now. In the process, you can also simplify your business’s finances.

With our system, we do your paperwork for you. We don’t even have to tell your customers that AllFi is involved. We give you 90% of the balance of the invoice in cash, up front. Then, when the customer pays what they owe, you receive the remainder of the balance, less our costs and fees.

Get rid of the heavy administrative burden of invoicing and get access to your cash today. You no longer have to worry about managing the sales ledger, sending bills, or collecting payment. We do all of that for you.

Purchase Order Financing

You can turn purchase orders into cash with our purchase order financing. When one of your clients makes an order, we look into their financial record and credit history to find out how reliable they are. Once we see that they are good for the order, we will give you a cash advance on the purchase order. Then, when they pay for their order, we simply take our fees and costs from it.

This is a great option for new startups or businesses with a less-than-stellar credit history. That’s because we determine whether you qualify by looking at the financial health of the person placing the order, rather than at your business’s financials.

If your customers have good credit, you can get the money for their orders now. That way, you can have the resources and flexibility you need to fulfill and complete their orders. We will even provide you with letters of credit if you need them, so you can secure the inventory, raw materials, and supplies you need to fill the order.

Import-Export Finance

With AllFi’s import-export finance, you can streamline your global supply chain. We provide you with a letter of credit, which you can present to your foreign supplier. Then, they will send you the supplies you need. You pay for them when your funds come through.

First, you agree with your supplier on terms of sale and sign a contract. Then, you come to us and request financing to pay the foreign supplier. We pay the foreign exporter for you. Finally, you pay us back when you get your profits. We provide full-service management and collection of your receivables.

Apply Online Today

With all of the solutions we provide to today’s business owner, there’s no need for you to worry about where your cash flow is going to come from. Whether it’s a loan, credit, or financing, our affordable rates and easy application process allow you to take control of your financial future.

When you need funds, AllFi Solutions is there.