Elan Capital provides commercial lending in Houston. Elan has dozens of lending sources. Need a business loan? Start-up? Construction? Acquisition? Regardless of your need, Elan Capital can help.
Commercial Lending in Houston
The small business lending climate has changed considerably in the past decade. Banks have cooled considerably when it comes to small business commercial lending in Houston and across the nation.
Despite of the importance to the economy, since 2008, many small businesses continue to have a hard time securing the funding they need to grow and thrive through traditional banking.
If you’re a small business owner, you may have already learned this the hard way.
But thankfully, the deregulation of the banking industry has also made new choices available that never existed before.
Small Business Loans and Commercial Lending in Houston – Elan Capital
At Elan Capital, we know small business. We love small business. We champion small business.
We believe in you.
At Elan, our expert funding advisers can help you determine which of the many types of small business loans will best support your needs.
Above all, you’ll be dealing with a company that values honesty, integrity and transparency. But most of of all…
Passion
Each member of our team truly cares about your success. We have a passion for changing the lives of every day people in our community. We are dedicated to our mission and we believe in our cause.
Because the reason we exist, is you.
Small Business Loans and Commercial Lending in Houston – V 2.0
Elan Capital combines the best aspects of online lending with personal service here in Houston. Elan has direct access to dozens of small business funding sources which translates into hundred of different lending programs for virtually any need, in any industry.
General Types of Business Loans and Commercial Lending
- Working Capital Loans: Working-capital loans are designed as short-term solutions for businesses in need of money to help run their operation. Working-capital loans are available from most alternative lenders. The advantage of a working-capital loan is that it gives small businesses the ability to keep their operations running while they search for other ways to increase their revenue. Some downsides of a working-capital loan are that they often come with higher interest rates and may have shortened repayment terms.
Equipment Loans: Many alternative lenders offer their own types of equipment loans. Equipment loans and leases provide money to small businesses for office equipment, such as copy machines and computers, or things such as machinery, tools and vehicles. Instead of paying for the large purchases all at once up front, equipment loans allow business owners to make monthly payments on the items. One benefit of equipment loans is that they are often easier to obtain than some other types of loans because the equipment being purchased or leased serves as collateral. Equipment loans preserve cash flow since they don’t require a large down payment and may offer some beneficial tax write-offs.- Merchant Cash Advance: This type of loan is made to a business based on the volume of its monthly credit/debit card transactions. Businesses can typically receive an advance on their monthly transaction volume, sometimes even more. The terms for repaying a merchant cash advance vary by lender. Some alternative lenders take a fixed amount of money out of a business’s merchant account every day, while others take a percentage of the daily credit card sales. The best candidates for merchant cash advances are businesses with strong credit/debit card sales, such as retailers, restaurants and service type businesses. The advantages of merchant cash advances are that they are relatively easy to obtain, funding can be received in as quickly as a few days, and the loan is paid back directly from credit card sales.
Business Lines of Credit: Like working-capital loans, lines of credit provide small businesses money for day-to-day cash-flow needs. These are not recommended for larger purchases (like vehicles and machinery), and are available for as short as 90 days to as long as several years. With a line of credit, you take only what you need and pay interest only on what you use, rather than the entire amount. These loans are usually unsecured and don’t require any collateral. They also have longer repayment terms and give you the ability to build up your credit rating if you make the interest payments on time.- Professional Practice Loans: Professional practice loans are designed specifically for providers of professional services, such as businesses in the insurance, health care, accounting, legal, engineering, architecture and veterinary fields. These types of loans are typically used for buying real estate, purchasing an existing practice, renovating office space, buying new equipment and refinancing prior debt.
- Franchise and Business Startup Loans: Franchise startup loans are designed for entrepreneurs who need financing to help open their own franchise business. These loans, can be used for working capital, or to pay franchise fees, buy equipment and build restaurants and stores.
And it doesn’t stop there. Construction loans, inventory loans, factoring loans, agricultural loans and so much more.
Elan can also help you get an SBA loan if needed, though that takes some time and effort, and if you need financing quickly, we have plenty of faster options.
INVENTORY LOANS- UNSECURED BORROWING
- FACTORING RECEIVABLES
- WAREHOUSE FINANCING
- ACCOUNTS RECEIVABLE LOANS
- AGRICULTURAL LOANS
- FLOORING LINES
- MACHINERY LOANS
- INSURANCE AGENCY LOANS
- MEDICAL PRACTICE LOANS
- WORKING CAPITAL LOANS
- GOVERNMENT GUARANTEED LOANS
INTERNATIONAL LOANS- ACQUISITION LOANS
- EQUIPMENT LEASING
- BUSINESS START-UP LOANS
- COMMERCIAL PROPERTY LOANS
- SBA LOANS
- AND MUCH MORE
Small Business Loans and Commercial Lending in Houston – Done Right!
If you are looking online for small business loans and commercial lending in Houston Texas, how do you choose from so many different vendors and platforms?
Which one is right for your industry and situation?
How do you research the most trusted sources?
How do you avoid hidden fees?
What are the customer service issues?
We’ve done the research for you.
Unlike the many online vendors, Elan Capital is not beholden to just one or two financing companies.
That’s not how we do thing here.
We’ve done the research for you. Elan has has direct access to dozens of alternative financing sources with hundreds of different lending programs.
Because there is no one size fits all here in Texas. Every business is different, even in the same industry.
Some financing companies specialize in low credit scores, while others focus on start-ups, specific industries, etc. Because Elan Capital has so many financing sources, we have the right solution, and at the right time, for virtually any business and any situation.
The best of both worlds.
Back in the day, your bankers handled you checking account, savings, car loans, home mortgages, business and personal loans, college loans and more.
While those day have largely disappeared, Elan keeps the personal, human touch and applies it to the new online world of alternative lending.
With offices in Houston, Dallas/Fort Worth, San Antonio, Austin, El Paso, and Lubbock, Elan combines small business lending in Texas with a personal touch not found “online”.
Additionally, as an independent entity, Elan is not tied to one lender and instead, we can have many lenders working their hardest, to gain your business. All your questions answered. No hidden fees. Fast commercial lending in Houston.
At Elan Capital, we understand that business owners here in Texas, simply needed a better way to fund their business. Elan supports growing businesses by providing credit when you need it without the hassle.