Business Loans & Business Credit

Have you ever desired to start your own business, but lack of funding has been holding you back?

If you are starting a new business, you will need financing, but unlike established businesses that have proven records of success, how do you qualify for financing options as a new or prospective business owner? Do you know the business credit score of your company? If you cannot answer this simple question with a definitive YES, it is likely that you may not have been aware that each company should have a business credit score the same way everyone has a personal credit score. Would you be interested in checking the business credit score of your company for FREE? Click the link below to check the business credit score of your company for FREE:

Check Your Business Credit Scores

Would you like to get information about available business loans and lines of credit custom-tailored for your specific type of business? Business loans are available for up to $20 million for the capital you need for projects large or small in your business. Click the link below to sign up to get information for the specific loan you need for your company:

Apply for Business Loans

PENUELCapital offers Business Loans & Business Credit services to help you establish business credit, become bankable and secure the capital you need in the form of business loans and lines of credit so you can expand and scale your company in the direction of your dream revenue and business growth outcome. It does take some planning and forethought to build business credit and the sooner you start, the more time you will have to establish the type of business credit, banks and lenders need to provide robust financing when you need it, for the expansion of your current thriving business, or future business projects and new opportunities.

In order for you to proudly put up your “Open for Business” physical sign, you need access to a working capital necessary to support your initial operational costs and growth. But the biggest challenge a new small business faces is obtaining this working capital. While obtaining a bank loan may come up easily to your mind as your go-to first choice, for the majority of new startup businesses, banks have very strict small business lending standards, and what most commercial banks offer are often not available to brand new businesses without a couple of years of business successes under their belts alongside strong credit ratings and/or solid revenues. This makes traditional business bank loans for new and prospective businesses like yours out of reach

At PENUELCapital, we have applied outside-the-box thinking to help you qualify for financing for an early-stage business like yours and that’s why we offer the Business Credit Solutions service.

Need Loans for Office Lease or Commercial Real Estate Projects?

Are you looking to invest in a growing commercial real estate industry and need business loan for your commercial real estate project? Do you want to move your company to a more conducive office space for optimal business productivity, but don’t have enough capital to bankroll the commercial lease of your dream office space or building? At PENUELCapital, we CAN help you access funding and financing for your commercial lease and commercial real estate projects! We partner with lenders that offer up to $20 million in loans for the capital you need for your commercial real estate projects, large or small. In the case that you don’t know where to start in this process, we at PENUELCapital have applied outside-the-box thinking to help you qualify for financing for early-stage or mid-stage businesses like yours and that’s why we offer the Business Loans & Business Credit solutions services. We will prepare you with everything you need to become bankable and qualify for the business loans and lines of credit you need for your commercial lease and commercial real estate projects. Contact us today and we will get you started on the requirement process for getting approved for your dream commercial lease funding, commercial real estate loans, business and commercial equity lines of credit to scale your company to greater heights.

Commercial Equipment Financing

Do you need loan for new or pre-owned equipment your business really needs, but don’t know how-and where- to start? Your business cannot move forward without the right equipment. From heavy equipment like forklifts to large medical equipment, having the right equipment you need is essential to the success of what you do. At PENUELCapital, we understand that sometimes getting the right equipment for your business may require additional working capital. That’s why we help connect businesses to partner lenders for the right equipment financing for their operations.

Whether it’s a crucial equipment needed to run your business and improve business efficiency such as computers, printers and printing equipment or other office equipment, automotive repair equipment, commercial fleet vehicle, commercial truck, commercial vehicle, construction equipment, dental equipment, farm equipment, gym equipment, manufacturing equipment, heavy equipment, landscaping equipment, medical equipment or restaurant equipment, don’t be deterred by the huge cost of your business equipment. We are here to help! Our lending partners offer customized financing and payment options tailored to the best interest of your business needs.

Running a farm or custom application business is hard work and having the right equipment in great working condition is undoubtedly the key to your business success. Agreed! The idea of seeking financing options for business equipment might seem daunting. However, it is easier now than ever to secure needed financing for your business equipment with our mix of alternative lenders. Financing your heavy equipment is a great way to make expensive machinery and tools more affordable for your business. You can finance heavy equipment by using a purchasing loan or equipment lease. Whether you need a new backhoe for your construction company or computers and office equipment for your office, equipment financing removes the financial stress of buying equipment up front. Our small business funding options for equipment include lease and purchase programs customized to fit your budget. Contact us today and let’s connect you to the right financing for the equipment your business needs to grow and succeed.

401(K) – IRA Rollover as Business Start-Ups (ROBS)

Are you a potential business owner who would like to utilize part or all your retirement funds as capital to buy a new business outright or as an equity injection on a business loan - without paying any early withdrawal penalties or taxes? Do you have up to $50,000 in your retirement savings? For prospective business owners who are not keen on taking additional business debt or may not qualify for traditional business loans to start, acquire or grow a business, an alternative option is the 401(K) – IRA Rollover as Business Start-Ups (ROBS) business financing.

ROBS came into existence in 1974 when Congress passed the Employee Retirement Income Securities Act (ERISA) and provided every American with additional opportunity to grow their retirement assets. ROBS is a rollover fund that enables the use of retirement funds to purchase stock in a new company, with the proceeds from the sale of stock then used to fund the newly purchased business without incurring tax penalties or early withdrawal fees. ROBS can be an ideal option for funding a small business or to recapitalize on an existing business. A requirement for ROBS is setting up your business as a C-Corporation (C-Corp), since a C-Corp can issue stock and have shareholders. If a current business is operating as an entity other than a C-Corp, it can typically be converted to a C-Corp to take advantage of the ROBS.

Through our 401(K) – IRA ROBS Business Financing Service you can utilize funds from an eligible retirement account to purchase a small business or franchise without taking a taxable distribution or getting a loan. Whether you want to buy an existing business, start one from scratch or grow one you currently have, ROBS can provide a significant part of your capital injection. If you finance your business using ROBS, you can combine funds with a business partner, spouse or even a loan to produce the necessary capital to start your business. Since the investment funds are held in a tax-exempt retirement fund, there won't be any taxes on the ROBS when it is established. Plus ROBS can help accelerate business profitability by eliminating any form of debt during the initial formation stages of the new business, thereby setting you on a quicker path to early business profitability. Contact us today to see if you meet the eligibility criteria to take advantage of the ROBS opportunity.

Get Credit for Your EIN That Is Not Linked to Your SSN

What is Business Credit?

Business Credit is credit obtained in the name of a business using the business’s EIN/Tax ID. A business’s EIN is separate from the business owner’s personal social security number. Also, it is independent of the business owner’s personal credit score.

To run and build your successful business, you would need to qualify for loans and credit lines at the best loan rates possible. Establishing Business Credit is essential to making this happen for you. Consequently, when you are ready for financing, your business is well-positioned to not only get approved for a business loan, but also get better terms.

Business lines of credit are great alternative to startup business loans and work a little differently than business loans. With business lines of credit, rather than you getting a lump sum of cash up front, you are approved for a certain amount of capital that you can borrow from at any time. Pay back what you borrow, and it’s available again; providing you with a safe and convenient way to pay for business purchases. Unlike a loan, a line of credit can be open long-term, whereas a loan closes once it is paid off.

How PENUELCapital Helps You Build and Establish Business Credit?

PENUELCapital’s Business Loans & Business Credit services help you build strong business credit profile that is not linked to your personal Social Security Number (SSN). We accomplish this by using field-tested and proven step-by-step personalized processes that have worked successfully well for dozens of business owners we have helped.

We understand how busy you are running your business, taking care of your loved ones and juggling other personal tasks. That’s why we utilize the Done For You (DFY) business model to help our clients build and establish strong business credit profiles. This business model re-assures you to leave your worries behind on what the next steps in the business credit building processes are and get back to focusing on the things that matter most in your life.

We keep you well-informed and updated through every step of the business credit building processes and bring clarity and simplicity to your experience of establishing strong business credit that will make your business bankable. With a strong business credit profile in your hands, this flings the door wide open for lenders and banks to compete against each other in offering you the funding and business lines of credit you need to scale and grow your business, at the lowest possible lending market rates.

Would you like our team at PENUELCapital to help you get started on establishing business credit for your company? Connect with us today using any of the contact tools below:

How Will PENUELCapital Help You?

  • check We will help get your business set up the right way to meet lender’s and credit issuer’s fundability standards and approval requirements so you could qualify to get approved for initial business credit that reports and builds your profile with Dun & Bradstreet, Experian, and Equifax Commercial.
  • check We will help you to obtain your free D-U-N-S number (which is V-E-R-Y ESSENTIAL to building great business credit).
  • check We will help you secure your initial trade credit to build your business credit reports with no personal guarantee.
  • check We will help you access multiple revolving credit with limits of $5,000 – $1,000,000 or more once you are set up with the business reporting agencies.
  • check We will set you up to monitor your business credit reports and scores in real-time with our Dun & Bradstreet, Business Equifax, and Business Experian monitoring direct integration, powered by Nav.

Benefits of Establishing Business Credit

HIGH-Limit Credit Cards

Get Approved for HIGH-Limit revolving credit cards in your business name with no personal guarantee

Largest Supply of EIN-linked Credit

Access the largest supply of business credit sources to get vendor, store, fleet, and cash credit linked to your EIN and not your SSN

Have your DREAM Business

Live your dream with approved business loans and lines of Business Credit to launch your dream business and/or expand your existing business.

Merchant Cash Advance

Do you need help with temporary cash flow to purchase inventory at deep discount or pay an unplanned business expenses or debt? If you need fast access to cash to cover immediate business expenses and your business has high credit and debit card sales volume of at least $4,500 to $5,000 each month, but you didn’t qualify for a traditional bank loan and your business need is time-sensitive, you may want to consider Merchant Cash Advance as an alternative financing to a traditional small-business loan. With Merchant Cash Advance, a business owner receives an approved fund upfront as a lump sum of cash from a provider. In exchange for this cash advance, your business repays the provider with a slice or percentage of your future credit and debit card sales.

When your business is in a bit of a financial pinch and you need to access capital quickly when there aren’t many options available, we at PENUELCapital can help connect you to the funding you need in a timely manner to meet your business needs. Whether you are a restaurant business whose revenue comes primarily from credit and debit card sales, or you have a retail shop, or maybe your business sales aren’t primarily tied to credit and debit card sales, we will find a Merchant Cash Advance plan that works for your business needs. You won’t need to put up any collateral (other than your future credit card receipts) and you don’t need to have years in business to qualify for the flexible repayment terms providers offer. Many providers can get you the fund you need within 48-72 hours. Contact us today and let’s help YOU access funding.

Invoice Financing

Are you a service-based business that sells goods or provides services on credit to large customers, such as wholesalers or retailers, and invoice them to pay you later? If you are in the logistics industry and have a high volume of invoice sales, this means that your customers do not pay you immediately for the goods they purchased or the services you provided. As a result, the funds your business need for investment, daily operations, and expansion are tied up due to many credit sales to clients. For sure, all businesses experience a cash flow crunch where they need more cash than they have on hand, but offering many credit sales to clients make the situation more challenging. Would you like to alleviate cash flow problems at your business due to the volume of unpaid customer invoices? Invoice financing is the help you need! With invoice financing, your business receives an advance of capital from a provider in exchange for all your unpaid invoices. You will receive cash advance up to 85% of the value of your unpaid invoices and you will receive the remaining 15% (minus fees) when your invoices are paid in full by the customers you invoiced. This will help you to improve business cash flow, pay your employees and suppliers, and reinvest in the operations and growth of your business faster than if you had to wait until your credit-invoiced customers pay their balances in full.

Invoice financing solves the problems associated with customers taking a long time to pay and provides the business owner with immediate funds that can be used to pay for company expenses, improve cash flow for operational needs or speed up expansion and investment plans. As a business owner, you can sell your invoices to the invoice factoring company at a discount, or you can pay back the advance of capital you borrowed, plus fees. The invoice factoring company could also collect payments from your customers, if arranged and agreed upon. You can also use your unpaid invoices to finance a business line of credit for your company. Don’t let unpaid customer invoices give you sleepless nights, contact PENUELCapital today so we can help you with an invoice financing plan that fits your business needs.

Business Plan Consulting Services

Are you starting a small business or exploring ways to expand an existing or established business? Business plan is your road map to success. Think of it as the most important tool to help guide your business decision and provide greater clarity on all aspects of your business, from marketing, sales, advertising, finance, operations and product/service delivery to your customers or clients. Lenders want to know that your business will make enough money for you to be able to pay back a loan or other type of investment made on your business. As an entrepreneur with passion for what you do; the product you’ve created or the amazing services your business will offer the public, you may be tempted to jump directly into startup mode without writing a detailed business plan laced with explicit objectives for sales forecast, financial projections, expense budget, cash-flow statement, and market analysis to check the viability of the business before even investing too much time or money on it. The purpose of a business plan is to help you articulate a strategy for starting your business from the ground up, gain insight on the steps you need to take, the resources you need to achieve your business goals and a timeline of anticipated positive results. Research studies on successful businesses have shown that nearly 71% of the fastest-growing businesses in America today have business plans, indicating that businesses that have business plans grow 30% faster than those that don’t.

Committing your hard-earned resources to funding your business idea and investing in capital assets such as computers, printers, software, or cars/trucks would never be an easy decision for a budget-conscious small business owner like you. This is where a business plan can help you bring clarity to the process of whether you need to buy or lease your equipment and the optimal amount you need to allocate to those assets. A good business plan can also help you decide if it’s feasible to take on a large office, retail or workspace. In addition to providing a roadmap for progress and success, your business plan plays a significant role on whether you would secure funding from traditional banks and investors or not. If you are seeking the lowest interest rates on SBA loans or you need an influx of capital from investors, a business plan that answers questions about your profitability and revenue generation can make the big difference between whether the bank or investor might choose to invest in your company or not. A recent research study showed that businesses with written business plans were more likely to receive funding from investors and traditional banks than businesses without business plans. Maybe you don’t know where to start or don’t know how to put your ideas together into a strategic business plan that wins the hearts of banks and investors. Let our expert team at PENUELCapital help you put together a winning business plan. Contact us today and ask for our Business Plan Consulting Services.

Financial Planning & Analysis (FP & A)

Are you looking for growth in your business? Would you like to accomplish your projected business growth outcome this year? If your answer is in the affirmative, please know that your business may likely not arrive at your desired promised land without a strong Financial Planning and Analysis service. Financial Planning & Analysis comes with rolling financial forecasts, timely financial statements like income statements and balance sheets, and compelling data visualizations that puts insights into action about every part of your business from marketing, sales, advertising, finance, operations, product/service delivery and customer relationship management. As a business owner, Financial Planning and Analysis vividly shows you which aspects of your business are productive and efficient, and which parts need your prompt intervention to forestall impending negative business outcome.

So what makes Financial Planning and Analysis so critical to my business success, you may ask?

First, it provides accurate and timely financial analysis that support your company’s financial management of annual budget results and cash flow predictability, and help you make informed data-proven decisions that propel your business forward.

Second, it supports your business plan and sets forth a process to ensure that the objectives you have set for your company are achievable from a financial point of view. Financial Planning and Analysis uses an ongoing process to create an understanding of how well you have projected your business will do and measures your success relative to that projection. This makes it a shrewd guide that helps you run your business efficiently.

Third, it shows you how your budget and forecast compare against your company’s actual financial performance, and how to best approach efficiency goals and fiscal strategies.

Fourth, if you are seeking funding or financing for your business from angel investors, private equity firms, venture capitalists, any bank or lender, Financial Planning and Analysis prepares you to present the financial section of your business plan faster and better. Every lender wants to see numbers as evidence that your business will grow and that there is an exit strategy for them on the horizon, during which they can make a profit on their investment, or you have paid off the loans you borrowed.

At PENUELCapital, our consultants have expertise in Financial Planning & Analysis from several years of professional and industry experience in corporate finance. Contact us today and ask for our Financial Planning and Analysis service. Our team of experts will go to work on your behalf and use this strategic tool to make a positive impact on the bottom line of your business.

Let's Talk

Getting your business funded doesn’t have to be complicated anymore. At PENUELCapital, we have SIMPLIFIED the BUSINESS FUNDING process for you with clear actionable steps you can implement immediately to prepare your company to secure the funding you need. Contact us today so we can get your company started on building a rock-solid business credit base that will make you bankable and good ground for business loans and business lines of credit from lenders.

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