Capital is the lifeblood of a growing business, and traditional banks can’t meet the needs of every business.Cherry Creek Capital provides a variety of funding options to help businesses create and sustain growth. Business Loans Startups and established businesses may need a loan for a number of reasons, and we’re able to quickly evaluate the situation and act. We have a number of different tools at our disposal – from SBA loans to merchant lines of credit – that could be used to help businesses in need of fast capital.There’s not a single deal which works for everyone, and we put in the time and effort to identify the best option for the situation. Our first step is working with the client in understanding the best fit for them. Invoice Factoring and Cash Advances If you’re a business that invoices your clients and are in need of capital, we’d like to hear from you. Invoice factoring can be an effective way to gain access to capital while focusing on running your business instead of collections.In other cases a Merchant cash advance might be the better option. This provides businesses with the working capital you need along with a simple, gradual payback mechanism via a percentage of credit card sales.We offer flexible settlement terms while putting together the right deal for the business need. Equipment Financing Equipment loans are a great way to turn your equipment into working capital for your business.There are also tax and accounting advantages to be gained by taking advantage of different equipment financing options.If you’re a business that has equipment assets, we can offer flexible funding terms and payment plans depending on the client situation.
