Unsecured small business loan
QuickBridge offers unsecured small business loans and working capital loans that can help you grow your business, maintain cash flow, make payroll and more. QuickBridge loans can be funded within 24 hours if you meet the requirements, which is something to consider if you need alternative financing. Payments on the loan are made daily or weekly, and if you pay off your loan early, you may be eligible for prepayment discounts.
Interest on QuickBridge loans is expressed as a factor rate rather than an annual percentage rate (APR). You can multiply your desired loan amount by a factor to determine the cost of borrowing. For example, if you borrow $30,000 at a rate of 1.10, you will owe a total of $33,000 plus $3,000 in interest.
Equipment financing
If you need cash to purchase machinery or equipment to manufacture products or provide services, QuickBridge Equipment Financing offers up to $150,000 with loan terms of two to five years. Loans are disbursed monthly, and you can receive funding within 72 hours. Borrowers who pay off equipment financing early can get a 6% discount on the final balance.
