Lack of working capital and limited cash flow are the most common challenges reported by minority-owned businesses. Sometimes your business needs an infusion of working capital to meet the challenges of your industry, outshine your competition, and seize opportunities to grow or expand, but many minority-owned businesses have trouble getting the funding they need from traditional lenders. If funding from a traditional lender is approved, it is often for lower amounts with higher interest and shorter terms.
As an alternative lender, Greenbox Capital’s application requirements differ from those of a traditional lender. With our streamlined application and approval process, we can approve more small business loans for minorities, often in as little as one business day. We offer a number of funding options, with funding from as low as $3,000 up to $500,000.