Expansion Financing
Walnut Financing will listen carefully to the client's expansion financing needs and will advise based on analysis. Walnut Financing works with several lending services in order to find clients the lowest rates in the cash advance industry. Walnut Financing is committed to serving the best interests of each client and is aware that when they succeed it does too. Walnut Financing assists businesses that are unable to qualify for traditional expansion financing loans.
Walnut Financing does not work with merchant cash advance companies but provides genuine business expansion financing loans with fixed terms and payments. Typically Walnut Financing is able to offer expansion financing loans from 5000 to 100,000 dollars based on the monthly cash flow of the client's business. Walnut Financing invites clients to contact and make inquiries should a larger loan amount be required.
A good candidate for an expansion financing loan is a client whose business has been operating for over one year, has a business bank account and processes at least 5000 dollars in credit card transactions monthly.
Walnut Financing informs that, depending on how the client receives payment from customers, he/she may need to submit their tax ID number, credit card statements for the previous three months, and bank statement s for the previous three to six months. The client could be asked for his/her drivers license number and the state where it was issued together with the social security number. Clients applying for expansion financing loans will be informed by Walnut Financing within two business days if the application has been approved .
Walnut Financing advises that clients applying for expansion financing loans will receive a free approval process. If successful clients will receive funds as soon as five business days of receiving all completed loan documents.
Walnut Financing informs clients that approved expansion financing funds are direct deposited in a safe, secure and hassle-free manner. The typical term of the expansion financing loan is six to twelve months and repayment is made through Daily Direct Debit SM payments from the client's business bank account to Walnut Financing's funding source. These small regular payments have proved to prevent the snowball effect often caused by the missing of larger monthly payments. Walnut Financing informs the client of the exact payment amount and its online loan management portal allows the client to monitor the activity whenever they wish. Small business expansion financing is always risky and loans are priced accordingly. However, Walnut Financing's funding partners are still up to 50% less than most cash advances and the best alternative to a traditional bank loan.
