Your business is successful and now you want to expand to increase your success.
You’re debating on whether to offer equity or take a loan. At Financing Your Way, we specialize in helping businesses get loans. Here’s our take on why you should never give up equity in exchange for capital.
Business visions change with ownership changes.
When you bring a new owner on board no matter how little percent they hold, they will bring new direction and vision to the table. These visions may be conflicting with your plans for the vision and cause turmoil within your business. Businesses have enough external challenges, don’t invite internal conflicts.
Business loans are easy.
The process for applying for a business loan is easier than ever. At Financing Your Way, we streamline the process by requiring minimal documentation. We don’t ask for your business plan or financial statements. Our application is simple and you are only asked to provide a few backup documents based on your personal credit score. We won’t deny you for a business loan just because you have bad credit. In fact, we offer bad credit business loans. Our rates are fair and our funding process is fast. Changing ownership is complicated and costly, because it involves lawyers and CPAs. A getting a business loan is as simple as contacting our team at Financing Your Way.
Business loans have more benefits.
Our lenders would never require ownership in exchange for capital. When you are approved for a business loan, your company ownership isn’t impacted at all. Each month when you make timely payments our lenders report to the credit bureaus. As you build history with our lenders your ability to qualify for higher levels and different types of capital increases. Your loan is a relationship and your lender is there to help you succeed though all stages of growth.
If you are ready to expand visit www.financingyourway.com for a free business loan consultation.