Small Business Funding – Austin – while traditional banks look for reasons to decline, we look for reasons to approve. Low Rates – Fast Funding.
Small Business Funding – Austin
Businesses of all sizes can benefit from working with a commercial finance institution that understands their particular needs. While traditional banks and other institutions can provide many useful services, this generalized approach is not a perfect fit for every organization. Elan Capital has partnered with dozens of lenders and created a wide range of business loans and other financing opportunities that help businesses achieve their both short and long-term goals.
Every recent survey shows banks are making fewer and fewer loans to small businesses. Between increased regulation, lack of collateral, and cash flow issues, most small business owners can’t secure the needed funding to grow their business simply because they are small potatoes in the eyes of the bankers.
In the majority of cases, small business owners seek smaller business loans than large corporations look for. In fact, about 80% of small businesses are seeking loans of less than $500,000. These business loan requests are perfect if you were applying at Elan, but it doesn’t really benefit the big traditional national footprint banks to fund these smaller loans.
Why? Because it costs banks just as much to process the paperwork and underwrite a $5 million dollar business loan as it does a $500,000 small business loan, and the big banks earn much more money by underwriting and servicing the larger loans. Simply put, small businesses are considered too expensive to underwrite, traditional bank lenders are more eager to accommodate and fund bigger businesses.
Small Business Loans in Austin – Elan Capital Inc.
Elan Capital Inc, has many subsets of alternative small business loans in Austin TX including;
- BUSINESS START-UP LOANS
- TERM LOANS
- CASH ADVANCE LOANS
- LINE OF CREDIT
- WORKING CAPITAL LOANS
- INVENTORY LOANS
- UNSECURED BORROWING
- FACTORING RECEIVABLES
- WAREHOUSE FINANCING
- ACCOUNTS RECEIVABLE LOANS
- AGRICULTURAL LOANS
- FLOORING LINES
- MACHINERY LOANS
- INSURANCE AGENCY LOANS
- MEDICAL PRACTICE LOANS
- GOVERNMENT GUARANTEED LOANS
- INTERNATIONAL LOANS
- ACQUISITION LOANS
- EQUIPMENT LEASING
- COMMERCIAL PROPERTY LOANS
- SBA LOANS
- AND MUCH MORE
Make the call to Elan Capital and get the capital you need for your business…..Fast!
Finding the right source for capital and small business funding in Texas is the first step in the process, so contact the experts at Elan Capital today to investigate your options. You might be surprised at what you’ll find when you work with the Texas leader in the small business lending field.
Elan Capital knows the alternative funding world. Elan Capital knows the ways of these lenders and has the contacts to secure financing for virtually any type of business.
The deregulation of the banking industry has made new choices available that never existed back in 1995. One of these is the availability of money through alternative lending sources. The types of business loans vary to your specific business needs. There are many different loans that can be arranged by a Elan Capital.
With access to over 75 lenders, Elan Capital can give your business access to all of these types of financing and more.
Today, with one free phone call, you can have dozens of lending sources competing for your loan.