VIP Capital Funding – Offering Flexible Business Working Capital Products for Small to Mid-Sized Businesses Across the United States
Many great business ideas die out just because the owners don't have enough capital to keep the business running for a few years. Having enough working capital helps a business owner to survive the initial days, uplift its service quality, hire skilled individuals, and do a lot more. However, it is never easy to get loans from banks due to strict requirements and extensive paperwork. VIP Capital Funding is breaking this ice by offering instant access to substantial working capital within 1-2 business days and minimal paperwork.
What is VIP Capital Funding?
VIP Capital Funding is a leading Fin-Tech firm in the United States that is working with a mission to help small and mid-sized businesses get easy access to working capital without much paperwork. The application process is so simple and quick that a business can get up to $50K-$15M of financing within 24-48 hours. Moreover, the firm also offers early prepayment discounts of 10-35% and charges no upfront fees.
VIP Capital Funding is offering services across the 50 states of the United States. It has clients from a variety of industries, including restaurants, construction, automotive, salons, electrical contractors, dentists, clothing stores, and many more. For business owners who need financial advice, the firm also provides consulting through its experienced consultants that can help answer questions related to business challenges, best financing, and similar other matters.
Financial Products of VIP Capital Funding
VIP Capital Funding offers two financial products that are meant to fulfill the business needs of most small and mid-sized businesses. The details are as follows:
Small Business Loan
Small Business Loan is a flexible product that is meant to fulfill different types of financial business needs, such as day-to-day operational expenses, marketing, inventory, expansion, payroll, and similar others. It is a revolving working capital that is meant to elevate ROI and cover the bi-quarterly and quarterly investments and expenses. Some of the key offerings of this product are as follows:
$50,000-$15,000,000 funding amount
10%-35% prepayment discounts
6-24 months term duration
Funding within 1-3 business days
$600,000 annual required revenue
Pre-approval within 24 hours
No penalty on prepayment
Soft pull on credit
Renewals of the term after 50% payment
In short, the Small Business Loan product suits well for small and mid-sized businesses no matter what industry they belong to.
Bank Term Loan – Currently Paused
Bank Term Loan product of VIP Capital Funding is long-term financing that suits well for those businesses that require time for cash flow and profits to show a return. Some of the key offerings of this product are as follows:
$30K-$5M funding amount
Monthly payments
2-5 years term duration
2 years in business with 640 FICO required for qualifying
No penalty on prepayment
Rates as minimum as 6.99%
In short, the Bank Term Loan is a perfect financing plan for businesses that intend to acquire a loan for the long term without much of the paperwork.
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