Quick Apply Commercial Loans

WHAT IS A COMMERCIAL FUNDING?

Commercial funding is a business financing solution meant to cover the short-term expenses and operating costs of a growing business. This is business funding catered to the needs of a company, rather than personal funding meant for an individual or family’s investments.

Investopedia defines this funding as a “debt-based funding arrangement between a business and financial institution.” At First Down Funding, we are an alternative option to these stringent institutions.

Commercial funding can be provided through a venture fund or “venture capital fund.” A venture fund is a form of private financing through which investors inject money into businesses that show significant growth potential. These investors are incentivized by receiving stock in a business or a portion of profits.

Commercial funding can cover business costs ranging from equipment to marketing efforts to hiring staff.

WHAT IS COMMERCIAL FUNDING MEANT FOR?

Commercial funding is geared towards small businesses that require capital to maintain operations and grow their business. They are short-term funding meant to provide an injection of cash when a business needs it most.

Regardless of your industry, if you are looking for financing to sustain your new business, you can benefit from commercial funding.

WHAT IS COMMERCIAL FUNDING USED FOR?

At First Down Funding, we are passionate about supporting small businesses with business financing options. After all, every company requires capital, whether that be for day-to-day operations or business opportunities.

Commercial business funding is typically acquired to satisfy a wide range of business needs, which include:

UNSECURED FUNDING PACKAGES:

Unsecured funding is a type of financing that doesn’t require any collateral. This funding program is ideal for businesses in the USA that either lack high-value assets or can’t risk putting these high-value assets on the line.

BRIDGE FUNDING:

To overcome shortfalls in usable cash, you can utilize a short-term bridge financing solution. Bridge funding is short-term funding typically taken out to cover the costs that arise during a period between two longer-term funding.

Bridge funding allows you to meet the costs associated with day-to-day operations and not have to cease operations while awaiting your next round of funding.

BAD CREDIT FUNDING:

Small businesses often lack the credit history needed to obtain business funding through a traditional channel. We offer bad credit funding to help these businesses get back on their feet.

1

Signing a Personal Guarantee: If you boast good personal credit, consider obtaining business financing by leveraging your credit instead of your business’s. This way your qualifications will be based more on your ability to pay off the financing rather than your business’s ability to do so.

2

Pay a Cash Down Payment: Sometimes, businesses have poor credit, but positive cash flow. In this case, consider paying a down payment in cash to cover the costs associated with your business funding.

3

Use Collateral or Assets: If you have poor credit but viable assets, leverage them to secure your funding. By utilizing assets like unpaid customer invoices or future debit or credit card transactions, the focus will shift to your ability to pay off your business funding with your projected revenue — not your credit.

4

Accept a Smaller Funding: Substantial funding like a business expansion funding can be challenging to attain when you have poor credit. If you are flexible, however, you can try applying for smaller funding instead. You are far more likely to get accepted for a small amount of funding than a large-scale business funding.