Working Capital

Converge Capital Group works hard with the belief that all small and medium-sized businesses deserve access to capital. Whether you run a growing startup company or you are a veteran business owner faced with an unexpected need or opportunity, flexible access to short-term working capital is essential to your business success.

Small business working capital loans are perfect for healthy businesses with steady revenue. Our working capital provides speed, simplicity, and versatility to meet the funding needs of any business.

Payment terms can be set to automatic daily or weekly payments. Instead of having to cut checks, figure out payments, and get unexpected surprises in the mail, money is deducted from your business’s bank account which makes the re-payment process more efficient. It’s short-term financing without the usual stress and hassle.

For business owners looking for manageable funding amounts and shorter repayment terms of 6-24 months, working capital loans and merchant cash advances through Converge Capital Group are ideal. Let’s get started on providing your business the funds you need when you need it most!

Products we specialize in are:

b3lineicon|b3icon-money-bag||Money Bag

Term Loan: Invest in your business or use funds to expand

Loan Amounts :

$10,000 – $5,000,000

Term:

6 months – 10 years

Funding Time:

1 – 3 days

b3lineicon|b3icon-computer-chart||Computer Chart

Line of Credit: Manage cash flow or purchase inventory with a revolving line of credit

Loan Amounts :

$10,000 – $5,000,000

Term:

6 months – 10 years

Funding Time:

1 – 3 days

b3lineicon|b3icon-certificate||Certificate

SBA Loan: Get expedited SBA funding at a prime rate to cover working capital and expenses related to growing your business

Loan Amounts :

$50,000 – $5,000,000

Term:

10 – 25 years

Funding Time:

45 days

b3lineicon|b3icon-excavator||Excavator

Equipment Financing: Use for major equipment purchases

Loan Amounts :

$10,000 – $5,000,000

Term:

1 – 5 years

Funding Time:

2 – 5 days

b3lineicon|b3icon-signed-document||Signed Document

Accounts Receivable Financing: Turn your accounts receivables into cash now to better manage your cash flow gaps

Loan Amounts :

$10,000 – $5,000,000

Maturity:

6 months – 10 years

Funding Time:

2 – 5 days

b3lineicon|b3icon-skyscraper||Sky Scraper

Asset Based Loans: Use for expansion projects or large purchases

Loan Amounts :

$10,000 – $5,000,000

Term:

6 months – 10 years

Funding Time:

1 – 3 days

b3lineicon|b3icon-badge-new||Badge New

Franchise Financing: Use to acquire a new franchise or location

Loan Amounts :

$10,000 – $5,000,000

Term:

6 months – 20 years

Funding Time:

2 – 7 days

b3lineicon|b3icon-university||University

Fix N Flip Loans: Quick and easy access to renovation funding

80% of purchase funding 100% rehab funding Minimum of 1 – 3 completed projects in the previous 36 months

b3lineicon|b3icon-computer-heartbeat||Computer Heartbeat

Startup Funding: Launch your new business without cash flow challenges

Loan Amounts :

$10,000 – $5,000,000

Term:

6 months – 10 years

Funding Time:

1 – 3 days

b3lineicon|b3icon-handshake||Handshake

Merchant Cash Advance: Utilize future sales to get great financing terms that are tailored for you

Loan Amounts :

$10,000 – $5,000,000

Term:

6 months – 12 months

Funding Time:

1 – 3 days

Does Your Business Qualify

1. We offer access to working capital which means you need to have been in business for six months or more.

2. Your business bank statements must show deposits that are at least $10,000 a month.

3. If you do not think you qualify right now, give us a call and one of our Business Advisors will be happy to speak with you about our products. One of them may fit your needs right now.

What You Will Need to Provide

Your Business Advisor will walk you through the process and explain any details—like what you might need to finalize funding from our lending partners. We will need the following to finalize your loan or advance:

3 months business bank statements

Unexpired government issued picture ID of all owners

Voided Check from underwritten business bank account

HOW IT WORKS

We Have A Simple 5-Step Process from Application to Funding…

Online Application
Completed
Meet Your
Advisor
Review Funding
Options
Choose Best
Offer
Get Funded