Chances are, if you have a franchise that is in need of funding, there is a Reliant Services Group program available to you. Thanks to a group of experienced experts that are used to working with franchises, a program can be tailored to your needs. The Reliant team will analyze your budget and help with a program to buy equipment, remodel, reimage or expand.
The four different programs available can be offered with up to $300,000 available for each location. This funding can also be arranged for within three days of the initial application.
These loans typically have lower rates and are typically approved within 24 hours of the receipt of your application. There are also longer terms available, with the programs typically lasting anywhere from 6 to 24 months. These loans can be repaid at a fixed daily rate, and the structures of the loans themselves can vary.
This product has a very quick approval process, typically 24 hours or less, and that also corresponds to quicker funding. Through the Merchant Cash Advance, funds can be received in three days if needed. Merchant Cash Advances are flexible and you can choose from a variety of types of repayment methods, while also leaving open the possibility of receiving future funds.
In addition, this financing is unsecured, repaid with future sales of your business. There is no collateral, nor are there any pledged assets. In addition, you will not be charged any fees up front. These advances can be used for a variety of business needs without restriction. You may opt to use them for marketing or advertising, improvements or repairs of your business, working capital or to increase your inventory.
Reliant Services Group can finance your new or used equipment through an easy, straightforward application process. You only have to fill out one page to get started and there are deferred payment options available.
This type of arrangement can also have Section 179 tax advantages to help you out, and financing is available for up to 100 percent of the cost of the equipment. In addition, same day approvals are possible if you need to get the process moving in a hurry.
By leasing the equipment monthly, you will be able to set a price that you can afford to pay each month and avoid restricting your borrowing power or working capital too significantly. In addition, it can move you into profitability more quickly as you will be able to realize your profits faster since you did not have to make large up front payments for the needed equipment.
These are more flexible than any other programs available, not just from Reliant Services Group but also throughout the industry. We are able to keep these offerings highly competitive with traditional sources of financing.
In order to be eligible for our Premium Programs you will have to meet specific qualification criteria, including at least $20,000 in monthly sales and a positive cash flow with few or no overdrafts. This product is set up for businesses that have a stronger track record and deserve better terms in their agreements than those that involve greater risk. The Premium Programs can be used with any available financing products and will offer the more secure businesses better terms, longer durations of funding and lower costs.
Like other programs, funds obtained through Premium Programs can be put toward any expense, including advertising, supplies, equipment, inventory or even as working capital. That flexibility can help you to continue to run your business as you see fit.