How to Get Working Capital When you Need It


If you needed working capital in the past, it was fairly inaccessible for small business owners who didn’t have the proper credentials, documents, and credit scores. Small business loans were even more scarce after the economic downturn in 2008. Banks became notorious for taking months to get underwriting approval for small business loans and turning down about 90 percent of those applying. Most startups and young businesses had to use bootstrapping methods or personal credit cards as access to funding was next to nil.

The positive upshot of that untenable situation is that new options are providing a streamlined process that can fund small business loans in less than 48 hours! Non-bank direct funding was once considered an alternative option for borrowing much needed cash and is now the first choice.

Non-Bank Direct Funding is Mainstream

Today direct funding is mainstream, because small and medium business owners have discovered the ease by which they can borrow much needed working capital in amounts as low as $5,000 and as high as $250,000. Small businesses often needs quick loans to capitalize on fleeting opportunities, smooth out any urgent hiccups in their business, and move forward on expansion plans. Accessing capital should not be complicated or time-consuming. Small business owners wear many hats and have zero extra time to waste, let alone the months wasted waiting for a loan approval from a bank.

Non-bank funding transactions can be completed quickly because companies like Greenbox Capital are private companies and don’t have to comply with the restrictive measures that banks must follow. This fact alone has opened up the doors for much greater consistency and success in business. What was once a tedious, complex, and ungratifying process is now an advantage for all small business owners. Most non-bank direct lenders can now offer:

  • Simple applications
  • Fast approvals
  • Flexible terms
  • Funding within days

Not all Non-Bank Direct Lenders are Alike

As in any industry, not all companies are the same. Figuring out which non-bank direct lenders offer the features you want, is not difficult when you know what to look for. For example, each company has its own organizational structure, company size, interest rate, client preferences, borrower requirements, and terms.

  • Always look for a competitive rate, not always the lowest. Oftentimes, the lowest rate comes with hidden or additional fees. A reasonable rate that makes sense based on your business information is best.
  • Quick approval AND quick funding is important. It’s one thing to get approved within 24 to 48 hours and quite another to receive funding within that same period of time.
  • Leading edge technology will allow you to bypass talking with loan specialists. Save time and anxiety by using lenders who use technology as their primary means of client contact.
  • Flexible terms for all credit levels. You don’t have to be penalized for having less-than-perfect credit! A smart lender understands that repayments must be fair-minded and not put added pressure on the business owner.

Greenbox Capital Checks Off All the Boxes

Whether you’re looking to fund an upcoming expansion, a marketing campaign, ramp up staffing or increase your inventory, Greenbox Capital offers competitive rates, quick approvals and funding through our leading-edge technology and will provide flexible terms for all clients.
As if that wasn’t enough, the technology is so sophisticated and application so simple it can be filled out and submitted through your Smartphone!

Click here to get started or if you prefer to provide your business information over the phone, call 1.855.442.3423.