At Capital Dude, we specialize in helping our clients gain access to fast working capital. When you're trying to go down the traditional route, getting working capital is rarely easy. The application period can last forever, which means you may miss out on investment opportunities while you wait. At Capital Dude, we change that with our alternative business finance solutions. If you're yet to try this type of product, we're here to answer some of the questions we regularly face.
There comes a time in most business owners' lives when they need to access financing. Usually, this is to make a big investment or to get through a period of growth. When you can't generate necessary funding from your existing capital, you may need to take out a loan.
Unfortunately, traditional bank loans are time-consuming. The applications take a while to fill in and then your bank may take weeks, or even months, to respond. During that time, you may miss out on the chance to secure your coveted investment.
At Capital Dude, we overcome this by helping our customers access funding within 24 to 48 hours. As a result, it's easier for them to make the investments they need without banks holding them back.
Another advantage of using an alternative business financing solution is that the lending criteria isn't as strict. Banks often want near-perfect credit scores. If you're a new business, you may not have enough credit history to keep them happy.
At Capital Dude, we still look at your credit history, but we'll also look at your business's future. If we feel as though you'll be able to repay us, we'll provide you with the money you need. We're sympathetic to the fact that banks often stifle business growth with their restrictive lending policies. With our fair lending criteria, you'll no longer miss out on the opportunities that could help you grow.
We give businesses the chance to borrow up to $750,000 in working capital. However, although that's the limit, $750,000 may not be the amount we agree to. We take a fairer approach compared to traditional banks, but we still need to engage in safe lending practices. Because of this, the amount we allow you to borrow may be less than that figure.
It's also important to only borrow as much as you need. All loans need to be repaid and they come with interest on top. When you're making wise business decisions, you'll be able to manage that interest. However, borrowing more than you need does mean you'll waste money in the form of interest payments. If you're ever feeling stuck, we can advise you further.
All our applications take place online. The form itself shouldn't take much more than five minutes of your time. After you've completed it, we'll analyze the information you give to us and identify the amount you can borrow. We may need to contact you for more details, but we'll always do so promptly.
If you're approved, you may be able to receive your funds in fewer than 48 hours. We understand that you're coming to us because you expect a speedy service. As a result, we'll try to move as quickly as possible.
There are lots of reasons to access alternative business funding. And as money makes the business world go around, it's handy to have a resource you can rely on. At Capital Dude, we want to do what we can to help you grow. To discuss our products with us, call 877 485 2779.
