What is Bridge Capital?
A bridge capital loan is a short-term loan that lets you quickly get your hands on cash for your business. It’s great if you’re in a hurry, and may want to move on to longer-term financing when you’re ready.
When Would A Bridge Capital Loan Make Sense?
As the name suggests, a bridge capital loan is a type of interim financing that “bridges” the gap while you’re waiting on a longer-term funding option. It’s a great option for companies who:
- Need a very quick funding solution
- Have a lucrative opportunity arise that they want to take advantage of
- Want to take advantage of a sale to purchase equipment or stock up on inventory
- Are experiencing problems with cashflow.
How Long Does the Process Take?
The application takes minutes to fill out and for the majority of bridge capital loans you’ll receive your decision within 24 hours.
What Can I Use Bridge Capital For?
You can use bridge capital for a number of different situations such as:
- Catching up on essential bills
- Bidding on new jobs
- Covering payroll and vendor expenses
- Purchasing inventory, raw materials, or equipment
- Improving your day-to-day cash flow.
How Long Do I Have to Pay Off a Bridge Capital Loan?
Bridge capital is repaid when the longer-term funding or payment arrives. At SBG Funding, repayment is spread over 6 to 48 months.
Is It Easy to Qualify For?
Yes! SBG Funding has an 85% approval rate.
How Much Can I Borrow?
SBG Funding offers bridge capital from $5,000 to $10 million.
What are the Payment Terms?
We offer weekly and monthly payment options.
How Can I Learn More?
Don’t get stuck, get a bridge capital loan! If you’d like to learn more about our bridge capital loans or any of our other financing options, click here or call us at 844-284-2725.