Long Term Funding for Small Business Owners
It can be incredibly challenging and frustrating for small businesses in America to secure the financing they need to grow and succeed — but it doesn’t have to be.
First Down Funding is a business funding company in Maryland that makes long term business funding accessible to small and medium-sized businesses throughout America.
We offer long term business funding in amounts up to $150,000 to help businesses achieve their long term goals. These funding can be used for investing in new equipment, marketing campaigns, hiring, and more.
Through transparent and secure processes, we provide a range of efficient business financing solutions. Learn more about our long term funding program today.
Long Term Funding with First Down Funding
It’s time to secure the financing your business needs. Work with our long term funding experts who will support you along the way
At First Down Funding, we put our knowledge and skills to good use. We provide professional guidance and consultancy services throughout the process to ensure that you get the financial solutions you need.
Even if you’ve applied for financing and been denied elsewhere, you can apply for our long term funding packages. You may find our long term funding to be the right business financing solution for your company.
Our long term funding options include:
- Funding Approvals up to $150,000
- 10-year fully amortized business funding to help you manage your cash flow
- SBA guarantee fees waived for 2019
ARE YOU LOOKING FOR SBA BUSINESS FUNDING?
Expand Your Business And Take It To New Heights With These Low Interest, Longer Term Funding.Learn more
Understanding Long Term Business Funding
Alternative Long Term Funding VS. Traditional Institutions
Traditional institutions are no longer the only channel available for obtaining small business funding. First Down Funding is a Small Business Funder in Maryland, Baltimore committed to supporting the financial needs of American small businesses.
Our funding process is straightforward, prompt and compassionate. Our funding company will work with you to understand your business goals, whether that be new equipment or new office space.
|Big Bank Financing||First Down||Credit Cards||Government|
|Funding||$100,000+||$1,000 - $300,000||Credit Based||Credit Dependent|
|Process||Long Application Credit Inspection Business Plan Industry Specific||Prequalify Online Soft Credit Pulls Same Day Approval All Industries Accepted||Prequalify Online Hard Pulls 3 - 10 Days Approval||Long Application Credit Inspection Business Plan Needed Industry Specific|
|Approval||20 - 30 Days+||Same Day||5 - 21 Business Days||30 - 90 Days+|
|Funding Time||30 - 60 Days+||36 - 48 Hours||TBD / TBA||60 - 90 Days+|
|Approval Criteria||Credit Score & Collateral||Overall Business Health||Credit Score||Credit Score & Collateral|
Getting Funding with Bad Credit
Long term business funding are geared towards established businesses with good credit history. That said, if your business has poor credit, you still have business funding options. In fact, our financing company provides bad credit funding to help small businesses get back on the right track.
If you are a small business with less than stellar credit and are in need of financing, consider the following:
Signing a Personal Agreement:
In the case that your personal credit is better than your business’s credit, consider signing a personal guarantee. This way, your funding application will be assessed based on your personal ability to pay off a funding, rather than your business’s ability.
Pledging a Cash Down Payment:
If your business has adequate cash flow, you can use that cash to cover a percentage of your funding costs. This cash can help you secure the funding that you need.
Applying for a Smaller Amount:
Long term funding can be challenging for less established businesses to attain. That said, even with poor credit, your business can still get accepted for a smaller funding amount. After successfully repaying a short term funding, you will be better equipped to take on more substantial funding.
Providing Assets or Collateral:
Leverage assets like unpaid invoices, future transactions, or collateral like equipment to allow your revenue to demonstrate your capability to pay back a funding.
About First Down Funding: Your Alternative funding Company
First Down Funding is a financial funding company in Maryland committed to supporting small and medium-sized businesses in America. We understand how challenging it can be for small businesses to attain long term business funding through traditional channels.
We’ve created a streamlined process that makes financing options like long term business funding quick, easy and attainable. Our speedy and straightforward process means no waiting around, quick responses, and prompt approvals and funds. This way, you can get the funds you need to invest in new equipment, hire a team of employees, you name it.
At First Down Funding, we pride ourselves on being honest and transparent every step of the way. We don’t present any surprises or hidden fees; we work with you personally to ensure realistic expectations, and to gauge the unique needs of your business.
By working with you, we are able to understand your business’s capabilities and processes, which helps us to develop fair and flexible repayment terms.
We take an innovative approach to funding by leveraging data science, cutting edge technology, strategic partnerships, and in-depth consultations. Learn more about our business financing solutions today!
Apply online for your long term funding with First Down Funding.