Funding Companies for Startups

Startups have become one of the goals of many aspiring entrepreneurs. In fact, there were reports saying that there are about 300 million startups to date – and about 100 million of these are launched annually. Sadly, more than half of this number fails and most of the time it’s due to the lack of funds.

Similar to regular businesses, startups need financial help and assistance, too. In fact, they might be the entities that need it the most because they operate and strive not by retail – but by innovation. There are a lot of financing companies for startups but only a handful of them are effective. That’s why many startup owners still look at the option of approaching investors for it.

Funding Companies for Startups-SoFlo Funding - Lines of Credit and Business Loans-Get the best business funding available for your business, start up or investment. 0% APR credit lines and credit line available. Unsecured lines of credit up to 200K. Quick approval and funding.

Here at SoFlo Funding, we love educating you on the funding process, whether you are a startup or an established business. So below are two of our preferred funding partners that we highly recommend. Fundwise Capital and David Allen Capital have provided the top funding solutions for thousands of entrepreneurs nationwide. You can read about them by clicking either of the two buttons below

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Investors on Startups

Many investors have had their eyes on startups simply because they saw how it can be profitable and at the same time, how it can change the world for the better. From regular newbie investors you can find in crowdfunding campaigns, to investors in venture capital firms, and even angel investors, they’ll look for businesses and startups that they think will be beneficial to them.

How Can Startups Get Funds

Aside from investors, some startup owners also look into the idea of applying for a loan to fund their startups. Some wait for bank loans even if it’s too long; some take the shot at applying for a small business loan with the Small Business Administration (SBA), and others try and look or lending companies for startups and businesses.

Whatever option they go with, as long as they get the funds they need, it wouldn’t matter if it comes from an investor, a bank, or even funding and lending companies. The most important part is that they’ll be able to secure the funds for their startup for it to start operations.

Nevertheless, these are the most common ways on how startup founders get funds. Their decisions might vary and they’ll definitely rely on the most effective option depending on how they’ll be using the funds.

There’s No Best Option

If you are planning on working to launch a startup, then let’s be straight – there’s no best option on how a specific company can get funds for their business or for their startup. Whatever you feel like doing, do it if you think that it’s the best choice for you and for your startup.

But here are a couple of things you should know about these lenders – these might be the turning point on what your decision will be.

  • Investors would usually be equity-driven, meaning, they will ask for a percentage of the company’s ownership should it be a success.
  • With the SBA, banks, and credit unions, you’ll have to wait for months to get the result and the funds. Without any assurance, you might be wasting time.
  • Companies that finance startups such as business funding companies, lenders, and online lenders will give the funds quickly, the problem is with the interest rates – they’re higher than normal.

Given these circumstances, many startup founders and owners choose lenders and startup funding companies because firstly, they give the funds quickly and urgently. Even if interest rates are higher than the usual, it wouldn’t matter especially if their startup is working.

Going with that option would probably be the best and that’s why we here at SoFlo Funding can be the business you can trust in terms of financing your startup company. Unlike banks and other traditional lenders, we would not ask you for long requirements – requirements and documents that are irrelevant. Moreover, it’s not months that you have to wait, just a couple of days.

Furthermore, we don’t charge high interest rates than what most lenders do. We came up with a solution, an algorithm so everything is fair on your part and on our part.

Interest Rates

We can fund and finance startup businesses and companies by either granting them an unsecured or a secured business loan. Should they go with the latter option, we can provide a no-interest fee for the monthly payments for the first year or so – yes, we have programs with payment plans like that!

In fact, we are considered as the most dependable company because we never take advantage of our clients, especially during their most vulnerable times.

What Our Mission Is

As a company, we here at SoFlo Funding have committed to helping all of our clients’ startups and businesses by providing necessary funds so that it can operate. In addition to that, we’re always improving and developing our application process so that everyone will find it easy.

Even businesses and people with poor or bad credit score can definitely apply – we have ways on how we can make that happen! So don’t be afraid to apply for a startup funding loan here with us at SoFlo Funding! We’re always ready to serve!

What is 24+44?

Here at SoFlo Funding, we love educating you on the funding process, whether you are a startup or an established business. So below are two of our preferred funding partners that we highly recommend. Fundwise Capital and David Allen Capital have provided the top funding solutions for thousands of entrepreneurs nationwide. You can read about them by clicking either of the two buttons below

Below are some of the loan products that you will get from our company: