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Commercial Installment Loans
Commercial installment loans are an excellent alternative to conventional business lending options and can provide your company with the flexibility in repayment that you need.
For businesses, these loans can be an easy way to bridge the gap between your accounts receivables and your actual cash flow. As most business owners know, the difference between the two can be staggering if you run into an equipment delay, staff shortage or a client receivership.
Commercial Installment Loans
Commercial installment loans are an excellent alternative to conventional business lending options and can provide your company with the flexibility in repayment that you need.
For businesses, these loans can be an easy way to bridge the gap between your accounts receivables and your actual cash flow. As most business owners know, the difference between the two can be staggering if you run into an equipment delay, staff shortage or a client receivership.
A commercial installment loan is a common business financial lending product. Essentially, a commercial installment loan defines a single principal amount borrowed, with a set percentage of interest, structured over an equal monthly payment plan (whether monthly or bi-weekly), until the loan + interest has been returned to the lender.
There are two types of installment loans:
- Secured: where the borrower provides equity from an asset as collateral (like a vehicle or piece of commercial equipment) for a title loan
- Unsecured: where you qualify for a personal loan based on your credit score and current financial situation
At Cash Today, we help you to determine which of our financing options is right for your unique situation.
PAYMENT CALCULATOR
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How does a commercial installment loan work?
While installment loans come in all sorts and sizes, it’s important to know why you are borrowing, how you will repay, and what will the interest cost be to you. With those three key pieces evaluated, you can make a wise financial decision on whether an installment loan of any type is right for you.
When you borrow with us, our professional team of commercial lending advisors will review with your financial need as well as a flexible repayment schedule and lower interest rate that fits within your budget.
And since installment loans are intended to be used a short-term lending solution, we work with you to quickly repay you’re your loan in a timeframe that works for you.
How Cash Today – Title Today commercial installment loans can go to work for you today.
We offer our commercial clients easy, no credit check financing solutions that are specifically designed to help you and your business get through your immediate financial need
Contact us today if you have more questions about our commercial installment loans, or to help walk you through your loan application in person and either of our two Edmonton locations, or our local Red Deer office, or feel free to apply online today to receive your funds quickly and easily and usually within one hour.
