Finding a small business loan in a large city like Charlotte, North Carolina is not always an easy task. With so many lending options, you can spend lots of hours and resources shopping for the loan that best fits your needs. 

Your FundingTree is here to make that process simple by connecting you to banks and other industry lenders with speed and efficiency. Instead of filling out countless lending forms, you can submit a brief 90-second application to help us find you a carefully curated list of lenders eager for your business. 

Our network of small business lenders offers a wide range of loan options to fit every funding scenario for your company: 

• Accounts Receivable Financing to offload unpaid invoices in exchange for cash at a discounted price.
• Asset-Based Lending to qualify for credit in proportion to your other financial assets.
• Bridge Loans for short-term financing while you procure a long-term business loan.
• Business Line of Credit to access working capital on a revolving basis to help supplement gaps in cash flow or to cover unexpected expenses.
• Commercial Real Estate Loans to assist in the acquisition of new assets for your company.
• DIP Financing to work through restructuring in a Chapter 11 bankruptcy by continuing operations and paying off other debts.
• Equipment Financing for capital to purchase necessary and, sometimes, industry-specific tools to grow your business.
• Invoice Factoring to obtain a loan for cash flow assistance by leveraging unpaid invoices as collateral.
• Payroll Funding for help meeting the payroll obligations to your hardworking staff and employees.
• Purchase Order Financing to use the power of future orders as collateral to keep paying suppliers and other production costs.
• SBA Loans from the government that provide liquidity to eligible businesses in a variety of circumstances (e.g., natural disaster, etc.).
• Small Business Loans for every stage of your company’s journey from initial launch to expansion or other growth opportunities.
• Terms Loans for borrowers that want an amortized repayment plan over a fixed period of time.
• Working Capital Loans for daily operating costs of your business whether planned or unexpected. 

Our Standards for Providing Quality Small Business Loan Services

Our funding platform is not like those of other loan brokers. We believe in providing consistent, quality service through an application process that is easy to navigate. Some of the highlighted features for using Your FundingTree include: 

• A fast and free application process that doesn’t require setting up an account with passwords or confirmation emails.
• Applying through Your FundingTree doesn’t involve a credit check, so no harm to your credit score.
• Avoid the hassle of submitting forms to different lenders by completing our single application. 
• Know that we only work with the most trusted lenders who have specific industry knowledge that allows them to understand the needs of your business. 

Accounts Receivable Financing 

Accounts receivable financing is a standard way for businesses to maintain a consistent cash flow while waiting for customers to pay their outstanding bills. The structure of accounts receivable financing usually takes two distinct forms. The first is as a business loan where the lender takes the A/R as collateral (i.e., a security interest in the event you default on the loan). With this approach, you still have the responsibility of collecting unpaid invoices from your customers. 

The second option, also known as invoice factoring, is effectively the sale of your A/R. How it works is that lenders will purchase the rights to your unpaid A/R balance, and, in exchange, you will receive funds that you can use to continue operating the business. 

Depending on the creditworthiness of your customers, some lenders will purchase your A/R at their full value. However, it’s more common that lenders will purchase them at a slight discount because of the risk that the invoices go unpaid. Additionally, the lender will likely apply a financing fee to the transaction. The amount of the fee generally correlates to the length of time it takes for your customers to pay the invoice. Learn more about both A/R financing options here.