Flex Pay Loans offer an alternative to business owners who need capital to help their business grow, but are wary of the risk that traditional small business loans may introduce. With a Flex Pay Loan, borrowers can defer from 25 percent to 50 percent of their loan principal into the future. This arrangement allows them to “grow now, pay later,” when revenues should be flowing more freely and cash is less tight.
A Flex Pay Loan dramatically lowers your payments so that borrowing does not become an immediate burden. Since the last thing business owners need is more cash flow worries, Flex Pay Loans provide all the benefits of typical short-term loans while adding on a few key advantages of their own.
To understand in greater detail how Flex Pay Loans can benefit your business and the situations in which they can be extremely useful, read on.
Sometimes, all you need is a little extra cash to get you from one phase in your business operation to the next. Without that cash, your business can miss out on critical opportunities to mature and evolve in ways that bring in more revenue.
A prime example would be buying out a partner so that you can control a higher percentage of equity in the business. This equity can allow you to assert greater control over business decisions, and it can also be leveraged as collateral for additional financing or investment ventures.
Major renovations or purchases can also provide tremendous opportunities for growing businesses, provided that they have the cash. By investing in things like new restaurant equipment or modernized hotel rooms, business owners will be in a better position to boost earnings through improved services and possibly lifted prices.
Even an investment in abstract resources can pay dividends for a business owner. A branding overhaul combined with a new marketing push can dramatically improve brand awareness while helping your business reach new demographics with a high value. Sometimes, a solid ad campaign can mean the difference between a high-earning quarter and flat growth.
Flex Pay Loans can help business owners say “yes” to opportunities like these without fear of excess risk.
Your Flex Pay Loan can be approved in as little as 48 hours and with minimal documentation. You also do not need any collateral, just proof of earnings and sufficient documentation of financial stability. Loan funding can be released in just 3 to 5 business days in many situations, allowing you to get cash fast — right when your business needs it.
Flex Pay was uniquely designed to give you generous terms up front that make repayment simpler. Payments are low, fixed and have tax-deductible interest.
If you wish to continue financing your loan principal because of new opportunities or unexpected cash constraints, you can simply amortize it or roll it into future loans through refinancing. ARF Financial truly tries to go above and beyond to ensure that our clients get the exact financial services they need to drive their success. Let us partner with you to help your business find financial success starting today.
You can receive a free, no-obligation quote right now to start the process and get your Flex Pay Loan approved quicker.