Working Capital In New York City

Having access to a reliable source of working capital in New York City allows businesses across all industries to thrive and grow in a very competitive marketplace. At Growth Lending Group, we offer the most comprehensive programs for working capital in New York City which can be used for a wide range of purposes, including:

  • Marketing
  • Equipment
  • Increased purchasing power
  • Growth projects
  • Improved cash flow

Merchant Cash Advances In New York City

Growth Lending Group provides merchant cash advances to New York City business owners as an alternative to loans and similar debt vehicles. Merchant cash advances act as an infusion of working capital without the restrictions or covenants of traditional financing. Business owners in NYC can take advantage of a wide range of benefits with our merchant cash advances, such as:

  • Amounts up to $200,000
  • Receive funding within a week of approval
  • No collateral needed
  • Working capital can be used as you see fit, instead of having to follow guidelines set by an arbitrary lending board
  • Merchant cash advances offer simple and flexible repayment
  • No restrictive payment schedules, closing costs, or application fees
  • Application is simple and easy, without requiring mountains of paperwork

Merchant cash advances provide working capital to New York City businesses with the flexibility that cannot be found with traditional loans. No debt is placed on the books, and there are no payment schedules. Instead, when a customer pays for a purchase via credit card, a small percentage from that purchase automatically goes toward repaying the balance. This alleviates business owners from having to budget for monthly installments, or worrying about payments placing a strain on cash flow. Merchant cash advances are a great way for growth-focused businesses in NYC to get the working capital they need, without having to go into debt.

Unsecured Business Lines Of Credit For Working Capital In New York City

Growth Lending Group also offers unsecured business lines of credit throughout the NY metro area. Now, both existing and startup businesses can get access to a reliable source of working capital in New York City without having to meet the high requirements of traditional credit providers or putting up any collateral. For existing businesses, our unsecured lines of credit offer the following:

  • Interest rates as low as zero percent
  • Up to $500,000 in working capital for existing NYC businesses

Startup businesses can access lines of credit in New York City with the following benefits:

  • Established revenue history is not required for qualification
  • Up to $50,000 in working capital, based on credit history
  • Fast application and approval process

Growth Lending Group allows existing and emerging business in New York City to get the lines of credit they need, without the hidden fees and restrictions of traditional providers.

Learn More About Programs For Working Capital In New York City

At Growth Lending Group, we specialize in working capital for businesses in NYC. Contact our offices today at 203-349-8584 to learn more.