Private Loans, Small Business Loans, and Other Alternative Financing
About our Private Loans for Small Businesses & Commercial Lending
Businesses today face many challenges, and small businesses face more than most. Whether your small business is experiencing a renewed state of growth and looking to expand or you need to update, upgrade or replace outdated or broken equipment, tools and machinery, conventional bank loans are often difficult to come by.
Despite your excellent record of loan repayments and optimistic financial forecasts, conventional lenders remain reluctant to lend money to businesses in the aftermath of the recent recession.
Perhaps you’ve already been turned down for conventional bank financing for your small business needs. That doesn’t mean you don’t have options available to you.
Worth Avenue Capital is often able to secure short-term commercial “bridge” loans for small businesses. These private loans are available to people who do not qualify for conventional bank lending.
Typically, primary mortgages secure these loans, and securing these loans gives businesses the ability to:
- Purchase additional commercial real estate
- Avoid foreclosure on other properties
- Buy another business
Benefits of Private Financing with Worth Avenue Capital
While some seeking small-business financing may not seek non-bank loans first, there are some distinct benefits for this type of financing, including those listed below.
Faster than Traditional Commercial Loans
Securing conventional bank loans for businesses is a time-consuming endeavor. Even after you’ve been approved for the loan, it takes time for the bank to actually close the loan and deliver the money to your business.
Worth Avenue Capital takes great pride in arranging alternative financing for clients in a matter of weeks, compared with traditional loans that can take two to three months.
Private Loans Often Provide Greater Flexibility
Commercial loans from Connecticut banks are often standard, as far as terms, repayment and creative payment scheduling. Private loans often offer greater flexibility to accommodate the needs of seasonal businesses and to surmount bumps in the road and other common loan-related issues.
Loans from Private Lenders Provide Validation
Sometimes what small businesses really need is someone to provide validation for their business plan, the product they create, or the possibilities your business represents. Private funding from lenders provides that validation not only to the business itself, but also to the way others view the business.
Worth Avenue Capital has a history of helping small businesses, just like your own, get the commercial loans they need to grow, expand, and get over the occasional financial hiccups that come their way.
We have helped a wide range of businesses, including a Connecticut scrap metal distributor, a local hedge fund, and a local dentist. We believe that every business needs a little help sometimes. It is our mission to ensure that businesses looking to grow, evolve and transform themselves aren’t held back by an inability to secure traditional commercial loans — especially when there are so many private loans available to small businesses.
Contact us today to see if we can help your small business get the financing it needs to meet the demands of and remain competitive in today’s marketplace.
Our Services
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Private Loans
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Bank Workouts
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Conventional Financing
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SBA Loans
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