Receiving a rejection for a business loan can be a significant setback, especially in the competitive landscape of North Carolina. However, a rejection is not the end of your financing journey. In fact, it can be a valuable learning experience, guiding you to better prepare for future applications. This comprehensive guide explores practical steps and strategies to overcome loan rejections and improve your chances of success in future applications, keeping in mind the list of keywords provided earlier.

Key Takeaways

• Loan rejections, while challenging, can be stepping stones to better financial preparedness.
• Understanding and addressing the reasons for rejection are crucial for future success.
• Exploring alternative financing options and improving business fundamentals are effective strategies post-rejection.

Comparison Table: Loan Options Post-Rejection

Understanding Loan Rejections in North Carolina

A loan rejection can stem from various reasons, such as insufficient credit history, inadequate cash flow, or lack of collateral. It’s important to understand why the loan was rejected to address these issues effectively.

Common Reasons for Loan Rejections

• Credit Issues: A low credit score or a history of missed payments can lead to rejections.
• Inadequate Cash Flow: Lenders need assurance that your business can repay the loan.
• Lack of Collateral: Some loans require collateral, and the absence of it can be a deal-breaker.
• Weak Business Plan: A poorly constructed business plan can lead to doubts about the viability of your business.

Steps to Take After a Loan Rejection

After experiencing a loan rejection in North Carolina, it’s crucial to take strategic steps to enhance your chances of success in future applications. Here’s a more integrated approach to navigating this setback:

Analyzing and Responding to Loan Rejection

Understanding the Rejection: Start by thoroughly analyzing the lender’s rejection letter. Lenders typically specify the reasons for denial, which could range from credit issues to gaps in your business plan. This understanding is foundational to making targeted improvements.

Credit Report Assessment: Review your credit report meticulously. Look for any inaccuracies that could negatively impact your credit score. If you find errors, take steps to correct them. Additionally, focus on boosting your credit score by consistently paying bills on time and working towards reducing any existing debts. A higher credit score can significantly improve your chances in subsequent loan applications.

Refining Your Business Strategy

Revamping Your Business Plan: Revisit and refine your business plan. Ensure it’s comprehensive, realistic, and convincingly presents your business’s potential for growth. Clearly articulate how you intend to utilize the loan to achieve these growth objectives.

Enhancing Financial Health: Strengthen the financial standing of your business. This could involve strategies to improve cash flow, such as optimizing operational efficiency or finding new revenue streams. Simultaneously, work on minimizing unnecessary expenditures to enhance your financial statements.

Exploring Alternatives and Reapplication

Broadening Financing Horizons: Don’t limit your options to traditional loans. Explore alternative financing avenues available in North Carolina. This exploration could lead you to microloans, business lines of credit, or even venture capital options. Community banks and credit unions in NC are often more flexible and may offer more personalized lending solutions compared to larger banks.

Professional Consultation: Seek advice from financial advisors or loan specialists. Their expert insights can provide tailored guidance for your specific situation, helping you understand the nuances of different financing options and how to make a stronger case in your next application.

Timely Reapplication: Once you’ve addressed the reasons for your initial rejection and strengthened your application, consider reapplying. When you do, be prepared to clearly articulate the steps you’ve taken to mitigate past concerns. This shows lenders your commitment to improvement and responsibility.

Proactive Approaches for Future Applications

Preparation is Key: Ensure you have all necessary documents, including up-to-date financial statements and a comprehensive business plan. Being well-prepared demonstrates to lenders that you are serious and organized.

Understanding Loan Specifics: Familiarize yourself with the specific requirements of each loan type you consider. Meeting these requirements is crucial for a successful application.

Choosing the Appropriate Lender: Conduct thorough research to identify lenders in NC that align best with your business’s needs and goals. Each lender has its unique offerings and requirements, so finding the right fit is essential.

By taking these steps, you can effectively navigate the aftermath of a loan rejection. Remember, a rejection is not a permanent roadblock but an opportunity to reassess, improve, and strategically plan for your business’s financial future.

Tips for Future Loan Applications

• Be Prepared: Have all your documents, financial statements, and a robust business plan ready.
• Understand Loan Requirements: Each loan type has different requirements. Make sure you meet these before applying.
• Choose the Right Lender: Research lenders in NC to find one that best suits your business needs.

FAQs: Overcoming Loan Rejections in NC

1. How long should I wait before reapplying for a loan in NC? It depends on how quickly you can address the issues that led to your rejection. It could be a few months to a year.
2. Can I appeal a loan rejection in North Carolina? While not all lenders allow appeals, you can always ask for reconsideration or apply to a different lender.
3. Are there specific loans for small businesses in Raleigh and Charlotte that face frequent rejections? Both cities have local programs and lenders that cater to small businesses, including those that have faced rejections.
4. Does a loan rejection in NC affect my credit score? The application itself may have a minor impact, but the rejection does not further affect your credit score.
5. Can startup businesses in NC find it harder to get loans? Yes, startups can face more challenges in loan approvals due to lack of history and collateral.
6. What are the alternatives to traditional loans in NC for businesses with poor credit? Alternatives include microloans, merchant cash advances, and angel investors.

Conclusion

Overcoming a loan rejection in North Carolina requires a proactive approach and a willingness to adapt. By understanding the reasons behind the rejection, improving your financial health, and exploring alternative financing options, you can increase your chances of success in future loan applications. Remember, a rejection is not a permanent barrier, but an opportunity to strengthen your business’s financial foundation.

The small business loan landscape in North Carolina (NC) presents a variety of options for entrepreneurs, each tailored to different business needs and circumstances. From Charlotte to Raleigh and beyond, understanding these options is crucial for business growth and sustainability. This guide aims to provide a comprehensive overview of the small business loan landscape in NC, helping business owners make informed decisions.

Understanding Different Loan Types

NC offers diverse loan options, including traditional small business loans, government-backed loans, lines of credit, and more specialized options like merchant cash advances. Each has its unique features, benefits, and requirements.

Traditional Small Business Loans

These are standard loans offered by banks and credit unions, characterized by their fixed terms and rates. They are suitable for businesses with a solid credit history and a strong business plan.

SBA Loans

The Small Business Administration (SBA) offers several loan programs with favorable terms. These are particularly beneficial for businesses that might not qualify for traditional bank loans.

Lines of Credit

A line of credit provides flexibility, allowing businesses to draw funds as needed. This is ideal for managing cash flow or unexpected expenses.

Merchant Cash Advances

For businesses with high credit card sales but less-than-perfect credit, merchant cash advances offer a viable alternative. These are based on future sales and are typically easier to qualify for.

Specialized Loans

NC also provides specialized loans for specific business needs, like equipment financing, or for specific sectors, like agriculture.

Factors to Consider When Choosing a Loan

When selecting a loan, consider factors such as:

• The purpose of the loan: Whether for start-up costs, expansion, or bridging cash flow gaps.
• Loan terms: Interest rates, repayment schedules, and fees.
• Eligibility requirements: Credit score, business history, and financial health.
• The lender’s reputation and relationship: Trustworthy lenders and personalized service can be invaluable.

The Application Process

The loan application process can vary but generally involves:

1. Preparing a Business Plan: Essential for most loan applications, showcasing your business’s potential.
2. Gathering Financial Documents: Including tax returns, financial statements, and cash flow projections.
3. Assessing Creditworthiness: Your personal and business credit scores will be considered.
4. Choosing the Right Lender: Research and select lenders who offer loans that match your needs and qualifications.

FAQs: NC Small Business Loans

1. How long does it take to get a small business loan in NC? The timeframe varies, but it generally takes a few weeks to a few months, depending on the loan type and lender.
2. Are there loans specifically for start-ups in NC? Yes, there are loan programs and grants specifically designed for start-ups, including those offered by local governments and the SBA.
3. Can I get a business loan with bad credit in NC? While challenging, it’s possible. Options like merchant cash advances or certain SBA loans might be available.
4. What’s the average interest rate for small business loans in NC? Interest rates vary based on the loan type and your creditworthiness, typically ranging from 3% to 7%.
5. Are there any grants available for small businesses in NC? Yes, several grants are available, especially for businesses in specific sectors or underserved communities.
6. What collateral is needed for a business loan in NC? Collateral requirements vary. Some loans, like many SBA loans, require collateral, while others, like lines of credit, may not.

Conclusion

Navigating the NC small business loan landscape requires understanding the variety of available options and aligning them with your business needs. By considering factors like loan purpose, terms, and eligibility, and preparing thoroughly for the application process, NC entrepreneurs can effectively finance their business goals.

Operating a small business can be challenging in today’s economic clime, especially when large loan payments start to cramp your cash flow. If you find yourself struggling to manage your monthly overhead, you might be considering whether it’s time to refinance your loan to allay the stresses associated with carrying a heavy debt burden.

Before all else, can you refinance a small business loan? Yes, you can. In fact, there are several compelling reasons to consider refi on a small business loan, as long as you meet the eligibility criteria. One of the primary advantages is the potential for a reduced interest rate, which can translate into significantly lower monthly payments.

However, the benefits are not limited to lower payments alone. Refinancing also gives you access to additional cash for company expansion or covering new expenses. It lets you extend or improve loan terms, providing flexibility and potentially helping you avoid a significant balloon payment in the near future.

Key Takeaways

• Refinancing a small business loan can lead to lower interest rates and monthly payments, providing cash flow relief.
• It offers access to additional capital for expansion and improved loan terms, enhancing flexibility.
• Consider costs like title search, appraisal, credit report, and origination fees, along with market conditions, before refinancing.
• Businesses can optimize growth by reducing costs, extending loan terms, or converting variable rates to fixed.
• Consult experts like New Bridge Merchant Capital for guidance in making informed refinancing decisions.

Evaluating Your Business Loan and Explore Refinancing Options

When assessing whether to refinance business loans, examining the associated costs is essential. Here are some key points to consider when analyzing the expenses involved in refinancing:

Title Search and Insurance

Refinancing may require a new title search to ensure no liens or encumbrances on the property exist. Additionally, lenders often mandate title insurance to safeguard against potential property title issues. Costs for title search vary based on location and loan amount. They can range from a few hundred dollars to over a thousand dollars.

Appraisal Fees

Lenders often require a new appraisal to determine the current value of your property when refinancing a mortgage. Appraisal fees can reach tens of thousands, depending on the value and complexity of your commercial improvement.

Credit Report Fees

During the refinancing process, lenders may charge a fee to pull your credit report. These fees typically amount to around $25 to $50 per borrower. But these charges aren’t usually assessed until closing.

Prepaid Interest

When refinancing, borrowers usually have to pay interest on the new loan from the closing date until month-end. The prepaid interest amount depends on the proposed rate and loan size. The cost isn’t massive. It generally equals a few hundred dollars for an average loan.

Loan Origination Costs

Similar to the origination fees incurred during the initial loan acquisition, refinancing generally involves loan origination fees. These fees cover processing and underwriting costs and are calculated as a percentage of the loan amount. Origination fees range from 0.5% to 1% of the loan amount. Be sure to check with your lender for a quote.

Closing Costs

Comparable to home purchasing, refinancing comes with closing costs like application fees, attorney fees, document preparation charges, and miscellaneous expenses. Closing costs often span from 2% to 5% of the loan amount and can vary substantially between creditors.

Third-Party Fees

Additional third-party charges may arise during refinancing. These include expenses associated with county mortgage recording, obtaining a new survey, and courier services. The costs can vary based on individual refinancing circumstances.

Some lenders offer “no-closing-cost” refinancing options. Though these loans eliminate or reduce upfront costs, they usually entail a higher interest rate. Remember to evaluate the long-term cost implications of a business refi loan before making a final decision.

Maximizing Growth Potential With a Business Loan Refi

Business loan refinancing offers a range of opportunities for driving business growth by providing loan term flexibility, including interest rate, monthly payment, and repayment options.

One primary benefit of refinancing a business loan is the potential to reduce its overall cost or monthly payment. Refinancing to secure a lower interest rate can lead to significant savings over the loan’s duration, as it reduces the amount of interest accrued.

Various strategies exist for lowering your monthly payments. While reducing the loan’s interest rate might not always be feasible due to creditworthiness and market conditions, extending the loan’s term can spread repayment over a longer period.

Aside from cost reduction, another compelling reason to refinance is to change the type of business loan. For instance, refinancing enables the conversion of a variable interest rate line of credit into a fixed-rate term loan. This modification offers businesses stability and predictability in their repayment schedule, making budgeting and financial planning more effective.

Business loan refinancing can help you strategically re-configure and optimize your existing loan structures. If done right, this approach can help secure lower interest payments through new terms or extend loan terms and switch between loan types for increased stability and predictability. Refinancing can present an invaluable opportunity to boost financial efficiency and drive additional revenue growth.

Making an Informed Decision on Your Business Loan Refinance

When considering a business loan refinance, you’ll have to make an educated decision that can save money and offer additional benefits to your company, such as improving cash flow through lower monthly loan payments.

Interest rates on loans are not under your control. They are influenced by factors like the federal funds rate set by the Federal Reserve. When market rates fall, loans become cheaper, especially those tied to the prime rate and Secured Overnight Financing Rate. If you initially acquired the loan during a high-rate environment, and the market has since declined, refinancing could be an effective way to cut costs.

Lenders heavily consider credit scores when determining loan interest rates. Both personal and business credit scores hold weight for business loans, although small business lenders predominantly evaluate personal scores. If you have improved these scores since obtaining the loan, refinancing at a lower rate could be a possibility, even in a higher-rate environment.

Lenders primarily focus on underlying risk and the likelihood of loan repayment. Companies perceived as riskier generally face higher interest rates. However, if your business has enhanced its profitability since securing the loan, refinancing can potentially lower your payments to help you present a reduced risk profile.

The age of a company is also a significant risk factor. New companies often face higher loan costs due to limited experience and lack of payment history. If your company has successfully operated for a few years following the initial loan, you can demonstrate a reliable repayment capability and potentially qualify for lower loan costs when refinancing.

Evaluating the different lenders is crucial in the refinancing decision-making process. Traditional banks normally offer lower rates but may demand a longer time-in-business requirement compared to online lenders. If your business has recently passed the two-year threshold, exploring refinancing options with banks can be advantageous.

Look at factors like market rates, credit score improvements, enhanced business revenue/profitability, and time-in-business, to establish the feasibility of refinancing your business loan. Determine if you can advantage of alternative lenders like New Bridge Merchant Capital for additional cost-saving opportunities.

When Should You Pause on Refinancing a Business Loan?

While refinancing can be beneficial under various circumstances, there are situations when it may not provide significant advantages and could even result in increased costs.

If market rates have risen since the loan was secured, obtaining a new loan at a lower rate might be challenging, irrespective of improved credit or business financials. Refinancing under such circumstances could potentially lead to higher costs.

Rates have been on a consistent upward trend in recent months, with the Federal Reserve implementing multiple rate hikes throughout 2022 and 2023. Therefore, if you acquired your loan within the past few years, it may not be the most ideal time to consider refinancing unless you can lower your payment through some other method.

Should your personal or business credit scores decline from the time the loan was obtained, qualifying for similar interest rates may be difficult. In some cases, a significant decrease in credit score might even hinder qualification altogether.

Lenders pay close attention to a company’s revenue and profitability. If the business experiences stagnation or declining profits, it raises concerns. Securing favorable interest rates during refinancing becomes challenging under such circumstances. The creditor may require collateral or impose a blanket lien on your business assets as additional security, or it could reject your refinancing application outright.

Remember to monitor current market rates, credit score changes, and the overall health of your company before deciding to refinance a business loan. If market rates have increased, credit scores have dropped, or the company’s revenue and profitability exhibit negative trends, waiting for more favorable conditions might be wise. This approach will help avoid incurring additional costs and potentially unfavorable terms associated with refinancing in not ideal situations.

Is Refinancing the Solution for Your Business?

Are you wondering when is the right time to refinance your business loan? Deciding to refinance requires careful analysis of market trends, interest rates, and your company’s financial well-being. Always consider potential savings, cash flow improvements, and long-term objectives of your refinance.

At New Bridge Merchant Capital, our seasoned business lending consultants can provide valuable insights to help you navigate the process of how to refinance a business loan.

To get started, fill out an application online now or contact us today at 844-228-0593 to learn more about today’s business loan refinance terms and pricing. The New Bridge Merchant Capital team is ready to help you secure a stronger financial future for your business.

In the dynamic realm of small business finance, finding the perfect equilibrium between debt and growth can be likened to mastering a fine art. If you are new to the world of small business loans, you may feel intimidated by the barrage of complex jargon. That is why the team at New Bridge Merchant Capital has put together this article to help you learn how to balance debt with healthy management strategies.

What are Small Business Loans?

Small business loans are essentially financial tools that empower entrepreneurs and small business proprietors to access the vital capital needed to fund their day-to-day operations, expansion endeavors, or other assorted business requisites. These loans manifest from diverse sources, including conventional banks, online lenders, and government-backed initiatives.

In other words, small business loans are often the key to unlocking growth opportunities. Not only that, they also ensure the long-term prosperity of your business.

You can use a small business loan for the following:

• Working Capital: They serve as the financial underpinning that keeps your day-to-day operations running seamlessly.
• Expansion: Small business loans facilitate the opening of new locations or venturing into uncharted markets, expanding your business footprint.
• Equipment Acquisition: They provide the means to procure indispensable machinery or cutting-edge technology, fueling your operational efficiency.
• Workforce Expansion: These loans empower you to scale up your workforce, ensuring that you can meet burgeoning demand with aplomb.

Strategies for Healthy Debt Management

Managing your business’s debt effectively requires planning and a plotted course. Knowing what you are using your loan for and how long you have to pay it off are crucial in developing a repayment strategy. Here are debt management strategies to employ:

1. Assess Your Business Needs

Before considering any form of debt, it’s essential to conduct a thorough assessment of your business’s specific needs. This introspective process begins by asking some fundamental questions:

• What is the purpose of the loan? Determining the precise objective of your loan is paramount. Whether it’s financing expansion, acquiring crucial equipment, or covering ongoing operating costs, having a clear purpose is your guiding star.
• How much capital do you need? Avoid the pitfall of overreaching or underestimating your capital requirements. An accurate assessment ensures you secure the right amount of financing to execute your plans effectively.
• Can you realistically repay the loan on time? Facing this question head-on is both pragmatic and necessary. Crafting a realistic repayment plan hinges on a deep understanding of your financial capabilities.

2. Choose The Right Type of Loan for Your Business

The debt market offers a variety of loan categories, each designed to address unique business circumstances. Familiarizing yourself with these common options is essential:

• Term Loans: Think of a term loan as a steady course with predetermined payments over a specified term. It’s ideal for substantial, one-time expenses and is characterized by its predictability.
• Lines of Credit: A line of credit functions as a financial safety net, providing flexible access to capital as you navigate ongoing business expenses. It’s versatile, offering a safety buffer for unpredictable financial situations.
• SBA Loans: Small Business Administration (SBA) loans enjoy government backing, resulting in more favorable terms. They’re well-suited for those seeking a reliable financial cushion.

3. Creating a Repayment Plan

Once you’ve secured a loan, the next step is to lay out a meticulously detailed repayment plan. Several factors warrant careful consideration:

• Monthly Payments: Monthly installments are the heartbeat of debt repayment. Calculating these payments precisely helps in budgeting and ensures you stay on course.
• Interest Rates: Understanding interest rates aids in planning for interest expenses, which can significantly impact your financial journey.
• Loan Term: The loan term dictates the duration of your financial commitment. Balancing the term with your ability to repay is key to a smooth financial journey.

4. Monitoring Your Finances

One of the cornerstones of effective debt management is the ongoing vigilance with which you monitor your business’s financial health. By monitoring your finances, you can determine if you are on the correct course. Here are some reasons why the practice is essential to debt management:

• Ensuring Adherence to Your Repayment Plan: Your repayment plan is your financial map. Regular reviews ensure you’re following the intended path. If any discrepancies arise, early detection allows for timely adjustments to realign with your plan.
• Dynamic Financial Adjustments: In the unpredictable seas of business, you may encounter sudden storms or calms. Monitoring your finances equips you to make dynamic adjustments as required. This adaptability will give you the foresight required to make beneficial business decisions.
• Avoiding Undue Financial Strain: Smooth sailing isn’t about avoiding challenges but navigating them effectively. Vigilant financial monitoring helps you identify potential financial strains before they escalate into major problems. This proactive approach is your safeguard against undue financial stress.

5. Continue Building Good Business Credit

Think of business credit as your financial reputation. Good business credit is an incredible asset that you want to continuously work towards improving. Make nuturing a positive credit history part of your debt management strategy.

The first part of building good business credit is the timely repayment of your loan. Timely, full repayments not only fulfill your financial obligations but also send a powerful signal of reliability to future lenders. It’s akin to consistently meeting commitments in any professional endeavor. Furthermore, a healthy credit profile is your key to unlocking more favorable financing opportunities. It paves the way for lower interest rates, flexible terms, and a smoother borrowing experience. Your credit history acts as evidence of your responsible financial management.

Looking for Small Business Loans in New Jersey?

Mastering the art of debt management is an indispensable skill for small businesses. By meticulously comprehending your needs, electing the most suitable loan type, and incorporating judicious debt management practices, you can navigate the complex world of small business finance successfully. Always bear in mind that at New Bridge Merchant Capital, we stand ready to be your compass in making well-informed financial decisions. Give us a call today at 844-228-0593 or fill out the contact form to learn more about our small business loan options.

Welcome to New Bridge Merchant Capital, your trusted partner in securing New Jersey small business loans. We understand that navigating the world of loans can be challenging, especially if you’re new to the service industry. That’s why we’re here to provide you with expert advice and proven tips on strengthening your loan application.

In today’s competitive business landscape, access to capital is vital for service industry owners looking to expand their operations, hire skilled staff, or invest in new equipment. However, securing a small business loan can be a daunting task, especially if you’re not familiar with the technical jargon often associated with the lending process. At New Bridge Merchant Capital, we believe in making this process as simple and accessible as possible. So, let’s dive into some practical tips to enhance your loan application’s chances of approval.

1. Clearly Define Your Business Goals

One of the first steps in securing a small business loan is to have a clear understanding of your business goals. Lenders want to know how you plan to use the funds, so it’s crucial to outline your objectives in detail. Whether it’s expanding your service offerings, opening a new location, or increasing your marketing efforts, having well-defined goals will demonstrate to lenders that you’re a serious and responsible borrower.

• Outline your objectives for using the loan funds in detail
• Having well-defined goals shows lenders you are a serious and responsible borrower

2. Understand Your Financials

While you may not be an expert in financial jargon, it’s essential to have a basic understanding of your business’s financial health. Be prepared to provide key financial documents, such as your income statements, balance sheets, and cash flow statements. Lenders will use these documents to assess your business’s stability and ability to repay the loan.

• Be prepared to provide key financial documents like income statements, balance sheets, and cash flow statements
• Lenders use these to assess your business’s financial health and ability to repay the loan

3. Create a Comprehensive Business Plan

A well-structured business plan is your roadmap to success and can significantly strengthen your loan application. In simple terms, a business plan outlines your business’s history, mission, target market, competition, and future projections. It also details how you plan to utilize the loan funds. If you’re unsure about creating a business plan, consider seeking professional assistance to ensure it aligns with your goals and is presented in a way that lenders can easily understand.

• A business plan details your company’s history, mission, target market, competition, and projections
• Seek professional help if needed to align the plan with your goals and present it clearly

4. Choose the Right Type of Loan

Not all loans are created equal, and it’s crucial to select the one that best fits your business needs. Common types of small business loans include term loans, lines of credit, and SBA loans. Each has its unique features and requirements, so take the time to research and choose the one that aligns with your goals and financial situation.

• Research loan types like term loans, lines of credit, and SBA loans
• Select the one that best fits your goals and financial situation

5. Improve Your Credit Score

Your personal and business credit scores play a significant role in the loan approval process. While you may not be familiar with credit score intricacies, you can take steps to improve them. Pay bills on time, reduce outstanding debts, and resolve any credit report errors. A better credit score will increase your chances of loan approval and potentially lead to more favorable terms.

• Take steps to improve personal and business credit scores
• Better credit increases chances of loan approval and favorable terms

6. Build Strong Relationships

Establishing strong relationships with lenders can be a game-changer when applying for a small business loan. At New Bridge Merchant Capital, we prioritize building connections with our clients. Our experienced team will work closely with you to understand your unique needs and provide guidance throughout the application process.

• Establishing connections with lenders can be very beneficial
• An experienced lender will understand your needs and provide guidance

Conclusion

Securing a small business loan for your service industry business doesn’t have to be overwhelming. By following these proven tips, you can strengthen your loan application and improve your chances of approval. At New Bridge Merchant Capital, we’re committed to helping service industry owners like you achieve their financial goals.

If you’re ready to take the next step and explore your financing options, don’t hesitate to contact us at 844-228-0593. Our dedicated team is here to assist you in securing the funding you need to grow your service business. Trust New Bridge Merchant Capital for all your small business loan needs.