Types Of Business & Commercial LoansEvery business has five major components necessary to operate. These are personnel, equipment, housing, products and services, and last but most vital, is capital. It takes capital to get the other four. Business owners often fear banks and commercial finance companies. This fear has its foundation in a lack of lender knowledge. A Business Finance Consultant knows the ways of these lenders and has the contacts to secure financing for virtually any type of business.
Because your (BOC) Specialist works with many leasing companies nationwide they can help you determine if leasing your equipment is right for your business. If you should decide to lease, they can usually get the equipment you need with just a simple, one page credit application. In many cases they can have the new equipment on site in as little as a few days.
The deregulation of the banking industry has made new choices available that never existed before. One of these is the availability of money through non-traditional lending sources. The types of business loans vary to your specific business needs.
On the right are just a few of the loans that can be arranged by a (BOC) Specialist who can give your business access to all of these types of financing and more. With one phone call you can have dozens of lending sources competing for your loan.