Funding for Companies

Did you know that based on the most recent and the latest data, about 20% of small businesses fail on their first year in business; also, 50% of businesses fail on the 5-year mark. And the most common reason for failure is that they were not able to properly manage the funds needed for their business.

It could be because their business needed funds and they weren’t able to figure out where they can get it; or another probable reason is because they failed in managing the company because they lacked the funds to do so.

The most probable reasons on why businesses fail always boil down to the one, most important thing in a for-profit business – money. Funding, for businesses, is typically part of the significant list; that without it, a business is most likely to fail.

Funding for Companies-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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Why Businesses Need Funding

You might be confused and surprised about this but generally, businesses need funds for them to operate. These funds can either be used for purchasing equipment, acquiring assets, or paying employees for them to provide services.

And in its early years, what they earn in profit would not suffice the fund requirement that certain businesses have simply because they’re new and their might not be enough ways on how it can be done – and that’s why businesses need financial help through funding.

Financing For Companies and Where to Find Them

Part of the primary sources of financing that companies can take advantage of can be found in a large area. There are, in fact, a lot of different ways on how a business can be funded. It scales from regular bank loans and small business loans up to closing deals with large or angel investors. Nevertheless, here are some of the most common ways on where businesses can fund funding for their businesses.

Family and Friends

When you’re starting your business, your friends and your family members should be your main option if you need help in terms of the funds you need. They can help you with a small amount just for your business to be launched and to be started – for it to start making money.

From there, you have different options on how you can acquire the funds you need for operation continuity.

Banks

The next option that most business owners take whenever they’re looking funding for their companies or businesses is through banks – bank loans, specifically. Bank loans, although convenient, might cause more problems than it can provide solutions.

But businesses still choose them because of “tradition” and because they’re accustomed to doing it.

Investors

The act of approaching investors for help just recently boomed when startups came into the market; when technological advancements and innovation was introduced to the public.

In seeking help from investors to fund companies, business owners have the option to go to an Angel Investor, a single high net worth individual capable of providing all the funds you need, or through a Venture Capitalist (VC) firm, a group of investors, accountants, lawyers, and businessmen who put money on businesses in exchange for equity.

The SBA

The Small Business Administration (SBA) is in fact an agency whose main task is to help small businesses grow because they produce jobs and livelihood to the public. However, similar to banks, they release the funds months after the application.

Having them as an option is good but if you badly and you urgently need the funds, you might run into a couple of dilemmas along the way.

Funding and Lending Companies

Last but definitely not the least is by approaching funding and lending companies. Business owners love the idea of it because they release funds fast – even with a higher than the usual interest rate. Many lending companies keep their rates competitive and in turn, they get compared to banks and the SBA for the interest rates they have.

We here at SoFlo Funding is a lending company that provides businesses and companies funding and financing. Over the course of our service, we have assisted startups, small businesses, and even entrepreneurs in their journey by providing the funding they needed.

SoFlo Funding is the Best in the Market

Telling you that our interest rates are low would be an understatement – as much as we can, we keep all of our interest rates competitive not just to be the best in the market, but also to help businesses and its owners save money.

Our interest rates are high, considering the fact that clients can apply easily through the system we have developed; because our approval period is about 1 to 2 days only; and because we release funds in less than 25 days.

We here at SoFlo Funding have a mission to provide the support and the assistance that everyone needs – especially businesses. We provide funding for companies in the amounts that they need – sometimes even more!

SoFlo Funding grants the financing for companies who need it in the most crucial and clutch times, get it with urgency!

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: