American Direct Funding is a full-service business lender that offers excellent rates, flexible terms, and a host of unique funding options. We’ve assisted many small business owners in Chicago access the funding they require to cover costs and expand operations.
Do you need a small business loan, mortgage, credit line, or any other type of funding? You can apply online or call our lending group today!
Our Business Financing Options at American Direct Funding
At American Direct Funding, our company believes it’s vital to provide business owners a variety of financing solutions. By offering a long list of lending options to our clients, we make sure that all kinds of business owners have access to loans and financing options that are custom-made to their requirements. Let’s explore our funding opportunities in more detail below:
Working Capital Loans Chicago
All businesses need working capital to fulfill near-term monetary commitments, such as paying vendors, buying stock, covering bills, and more. It can rapidly begin to affect your operations and capabilities if your business is presently facing a lack of working capital. At American Direct Funding, our working capital loans supply versatile funding that will help your business cover your day-to-day costs.
Credit lines
A credit line is a flexible form of revolving credit. Unlike a standard loan, you just pay for a line of credit when you tap into it– so if you do not utilize it, you won’t pay interest on the cash limit that’s readily available to you.
We help businesses access credit lines at affordable rates. If you need funding in the future, this is an exceptional funding tool to have at your disposal. If your business needs to obtain cash at short notice, setting up a line of credit in advance is a viable method to have immediate access to cash.
Bridge Funding Chicago
Bridge funding is short-term funding that serves to cover the payment of an asset purchase or other costs. If you have cash or funding originating from a different source, but you require bridge funding to cover immediate costs, our bridge loans are ideal. We’ve assisted numerous small companies cover immediate expenses with our bridge financing!
Payroll Loans Chicago
If you want to keep your staff happy and improve your worker retention rates, fulfilling your payroll responsibilities is necessary. Our payroll loans are designed specifically to prevent any issues if you believe your business is facing a liquidity problem that will prevent you from paying your staff members.
Term Loans
If you’re searching for a traditional form of funding to cover the cost of expenses, purchases, and other business transactions, a term loan is an excellent solution to access low-interest rates and pre-set payments. Our term loans are here to help your business if you want a simple loan that’s easy to manage.
Equipment Loans Chicago
Our equipment loans are built to streamline the process of getting state-of-the-art equipment if you require funding to purchase much-needed equipment for your business. We provide versatile terms and quick funding that will guarantee your business doesn’t lose out on enhancing its performance.
Equipment Leases
Not all businesses wish to acquire equipment with loans. If you wish to lease your small business’ equipment, our equipment leases provide a budget-friendly alternative to traditional loans.
We can help you rent equipment with a valuation of approximately $200,000. We also provide versatile leasing terms that can be custom-made to your business.
Business Mortgage Chicago
A business mortgage supplies a long-term lending choice if you require to purchase a property for your small business. Our business mortgages function in a comparable manner to traditional residential mortgages. We provide exceptional rates that help your business save money over the period of the mortgage.
Hard Money Loans
Hard money loans are lending products that are financed by private financiers. These loans provide alternative financing for business owners that require access to term loans. We can facilitate hard money loans at American Direct Funding.
Hard Money Lines
In a comparable style to hard money loans, a hard money line is a line of credit that’s funded by private financial investment. With a hard money line, you do not need to pay interest until you tap into your credit line.
Receivables Funding
While your accounts receivable (AR) are a present asset for your small business, they’re not liquid unless you receive payment. If you wish to borrow cash against your accounts receivable worth, our receivables funding offers access to the capital you require.
Invoice Factoring Chicago
Our invoice factoring services can purchase the value of your invoices for a fee if you have unsettled invoices that affect your operating capital. This means that you’ll take advantage of upfront access to the cash that’s owed on your invoices. If you have high-value invoices that aren’t due for a prolonged period, this is an exceptional service.
SBA Loans Chicago
Small Business Administration loans (SBA loans) offer small businesses with access to government-backed financing. If you’re struggling to access financing for your small company, SBA loans supply an easy route for accessing the cash you need. While this type of funding needs more documentation than many traditional loans, the government-backed nature of the lending product guarantees it’s more available.
PPP Loans Chicago
PPP loans (Paycheck Protection Program loans) offer economic support for businesses affected by COVID-19. They’re offered to incentivize business owners to keep paid staff. Sometimes, PPP loans are forgivable.
At American Direct Funding, we can help you access the financial advantages of PPP loans. Don’t lose out on this government-backed support.
EIDL Loans Chicago
Economic Injury Disaster Loans (EIDL) are exclusively for businesses that are currently facing issues due to COVID-19. If your business has suffered monetary damage because of the current pandemic, an EIDL loan can help you get back on your feet. We’re more than happy to help you gain access to this government-backed funding.
Contact American Direct Funding or Use Our Online Quote Portal
At American Direct Funding, we simplify the experience of getting finance for your business. Unlike other lenders, we provide both over-the-phone and online options for customers that want to apply or ask questions for a quote. If you’re ready to expand your operations, buy brand-new assets, or cover immediate costs, then it’s time to make the most of our funding options at American Direct Funding!
