Fast business loans and 24-hour funding are critical for cashflow
Many businesses can survive tough times as long as there’s money coming in. But when cash flow dries up, and an unexpected bill arrives, stress levels rise, and the challenge of paying staff and creditors can become overwhelming. That’s when getting access to a reserve of cash can help alleviate the stress and keep your staff and business partners happy.
Perhaps your business is in the position to take advantage of a great opportunity but doesn’t have the cash to grab that chance. That might be a great deal on new tools and equipment, the opportunity to present at a trade show or access to new staff during a period of high demand or when a particular person becomes available.
Situations like this or many others can be alleviated by quick access to funds at a reasonable rate with fair payment terms. Traditionally, banks we’re the first port of call for finance, but they’ve typically let small businesses down. Their processes are time-consuming; they aren’t small business-friendly and see them as a risk rather than a customer, and require mountains of data that make the entire process to complex for many business operators.
And even if the borrower does all the right things, the time it takes for the money to be accessible can be so long that the need for the money has passed.
When opportunities and challenges arise, businesses want finance partners that can come to the party quickly with loan products that suit their needs, instead of getting companies to bend over backwards to satisfy the bank’s way of doing things.
Small businesses want lenders that understand the pressures they face. Savvy lenders have expedited processes that, while ensuring both parties are protected from potential risks, don’t make life harder for the already stressed borrower. And those processes can be measured with a clock and not a calendar – borrowers want fast processes that execute in hours, not days or weeks.
Borrowers need to know a few things. For example, is a secured business a better option than an unsecured business loan?
Secured loans use an asset such as a residential or commercial property as security against the loan. So, if the borrower defaults on the loan, the lender can use that asset to recoup potential losses. That offsets the risk for the loan provider. This lets them offer lower interest rates and, potentially, lend more significant amounts.
Unsecured loans don’t use an asset as security. This means the borrower doesn’t have any assets at risk, but they typically have higher interest rates and are limited to smaller loan amounts.
Depending on your circumstances, both can be useful financial instruments to support business expansion, the purchase of new equipment, expand your business, or to overcome cash flow challenges. Lenders that focus on the needs of business understand the needs of business users can be acute and require rapid attention. That’s why lenders like Capify offer fast and straightforward application processes that, once they complete the appropriate checks, get money into your hands as quickly as possible.
Getting money into your hands within 24 hours of an application takes away stress. It lets you get on with running your business rather than collecting documents from accountants, filling in complex forms and waiting days for an outcome. Fast business loans mean you can take advantage of opportunities that arise. What if the difference between you winning a multi-million dollar contract or letting it pass you by was a $10,000 insurance premium that you lacked the immediate funds to pay?
A fast loan would let you take out that coverage and win the business.
What if a new piece of equipment was available that cut the amount of time you needed to do a job by half, allowing you to help more clients and drive up revenues?
Rapid access to funds would give you the cash flow to make that move and take advantage of new opportunities that might otherwise pass you by.
Fast business loans that get money into your hands within 24 hours can be the difference between missing an opportunity or growing your business. When unexpected challenges arise, fast access to funds can help relieve stress.
Finding a reputable lender that understands this and can respond when you need them can help you achieve even greater success.
Capify provides fast business loans in Australia-wide and is one of Australia’s leading finance firms that obtain the purpose of providing funds and assistance to any business that require it.
We offer two types of loans of credit products, including; Merchant Cash Advance and Capify small business loan.
Capify is different from competitors with massive support in Australia, helping service brokers and providing easy access to unsecured business loans.
Capify is an alternative to the big banks like Commonwealth, ANZ, Westpac and does not offer a line of credit or interest rates; instead, they work with a fixed rate. Loan terms range from 3 months to 12 months, and their loan amounts range from $5,000-$300,00.
The great news is that Capify’s application costs are free, we don’t charge you when you submit an application for a small business loan Australia. It’s obligation-free and you can commit whenever you are ready.
A great financial product that Capify can provide is Merchant Cash Advance, where this revolves around businesses gaining a lump sum of money and repaying it through minor percentages of their EFTPOS transactions. This would greatly benefit the business as it would prevent cash flow shortages, thus they are able to have the cash to pay debt payments, expenses, and unexpected costs.
Furthermore, enterprises are also introduced to the option of Australian business loans that Capify can provide, increasing capital, thus increasing cash flow. Alongside this, they deliver expert advice that contains knowledge and techniques on how to improve cash management to assist in keeping your business as healthy as possible.
Capify is Australia’s first small business loan lender since 2008, we have built and maintained a google review of 4.5/5 and Trust Pilot 5 Stars
Speak to a lending specialist today on 1300 760 930 to get funds in 24 hours or start your application and apply now.
Capify Is one of the most trusted small business lenders in Australia. With TrustPilot reviews and Google reviews that speak for themselves, our story shows our dedication towards helping small business finance growth.
Get Business finance $5,000–$300,000 online quick and simple small business finance.
Instead Capify offers an agreed total payback amount. The payback amount depends on the type of business you operate and the term you require the business finance for. This way your business knows up front the total costs, making managing your cash flow easy.
A Capify business loan Melbourne can help you make your next purchase, fund growth, or manage cash flow for your business.
Capify provides fast business loans in Victoria and is one of Australia’s leading finance firms that obtain the purpose of providing funds and assistance to any type of business who require it.
We offer two types of loans or credit products including; Merchant Cash Advance and Capify small business loan. Capify is different from competitors with their ideal Melbourne business loans, and their ability to see potential success in businesses without being bias as much as possible on previous credit ratings. We are an alternative to the big bank and does not offer a line of credit or interest rates, instead, they work with a fixed rate. Loan terms range from 3 months to 12 months and their loan amounts range from $5,000-$300,00.
Capify is a fin-tech and purely operates online. We do not have a physical branch but have to staff Australia Wide.