Cornell Consulting LLC

Business Funding

LONG TERM

A term loan is a type of borrowing where a specific amount of money is provided to a borrower by a lender for a predetermined period, typically with a fixed interest rate and regular monthly payments. These loans are often used by businesses to finance expansion, purchase assets, or meet other long-term financial needs. Term loans offer stability and predictability, as borrowers know the exact repayment schedule and can plan their finances accordingly. They are an effective way to access capital for larger projects or investments while spreading the repayment over an extended period.

SBA LOANS

An SBA loan is a type of financing program offered by the U.S. Small Business Administration to help small businesses access the capital they need to start, expand, or operate their enterprises. These loans are not directly provided by the SBA but are instead made available through participating lenders, such as banks and credit unions. SBA loans often come with favorable terms, including lower interest rates and longer repayment periods, making them an attractive option for small business owners. They can be used for various purposes, such as working capital, real estate acquisition, equipment purchase, and more. SBA loans play a crucial role in supporting the growth and sustainability of small businesses across the United States.

BUSINESS LINE OF CREDIT

A business line of credit is a flexible financing option that allows businesses to access a predetermined amount of funds from a lender on an as-needed basis. Unlike a traditional loan with a fixed amount, a line of credit provides a revolving credit limit, similar to a credit card. Business owners can withdraw funds up to the approved limit whenever they require working capital, cover operational expenses, manage cash flow, or seize opportunities for growth. Interest is only paid on the amount borrowed, and once repaid, the credit line is replenished, making it a versatile financial tool for managing short-term and unexpected financial needs. Business lines of credit offer businesses the agility to adapt to changing circumstances and make strategic financial decisions.

EQUIPMENT FINANCING

Equipment financing is a specialized form of business financing that enables companies to acquire the essential equipment, machinery, or technology they need to operate and grow their business. Instead of paying the full purchase price upfront, businesses can secure a loan or lease agreement with a lender, allowing them to spread the cost of equipment over time. This type of financing is particularly valuable for businesses in various industries, from manufacturing and construction to technology and healthcare, as it helps preserve cash flow and ensures access to up-to-date and efficient equipment. Equipment financing offers flexibility, allowing businesses to choose between different repayment terms and structures, making it easier to manage capital expenditures.

SHORT TERM

A short-term loan is a type of borrowing designed to provide individuals or businesses with quick access to a relatively small amount of capital for a brief period, usually ranging from a few weeks to a few months. These loans are typically repaid within a short timeframe, and they are often used to cover immediate financial needs or bridge temporary cash flow gaps. Short-term loans can be a useful tool for addressing unexpected expenses, taking advantage of time-sensitive opportunities, or ensuring the smooth operation of a business. While they offer speedy access to funds, it’s essential to be aware that short-term loans often come with higher interest rates compared to longer-term financing options.

REAL ESTATE FINANCING

Real estate financing refers to the various methods and financial arrangements used to purchase, develop, or invest in real property, including residential homes, commercial buildings, land, and real estate projects. It encompasses a wide range of financial instruments and strategies, such as mortgages, loans, and investment partnerships. Real estate financing is crucial for individuals and businesses looking to enter the real estate market, as it provides the necessary capital to acquire or develop properties. The terms and structures of real estate financing can vary significantly depending on the type of property, the borrower’s creditworthiness, and the goals of the investment, making it essential to carefully evaluate and choose the right financing option for your specific real estate venture.

WORKING CAPITAL / INVOICE FACTORING

Working capital refers to the financial resources that a business uses to cover its day-to-day operational expenses and short-term financial obligations. It represents the difference between a company’s current assets (such as cash, accounts receivable, and inventory) and its current liabilities (such as accounts payable and short-term debt). Having sufficient working capital is essential for a business to meet its immediate financial needs, pay suppliers, employees, and other operational expenses, and invest in growth opportunities. Inadequate working capital can lead to liquidity issues and hinder a company’s ability to operate effectively. Managing and optimizing working capital is a critical aspect of financial management for businesses of all sizes.

Our 3 Step Process:

01

Apply

Fill out our Quick Apply application. 

02

We Review Your Application

We review your goals and present you with programs matching your needs, getting an offer in 24 hours.

03

Receive Funding

Choose the program that fits you best and receive funding within 48 hours.