Working Capital for Business Owners in Los Angeles, CA
Los Angeles has an extremely diverse economic landscape, with businesses spanning sectors from entertainment to hospitality, healthcare, manufacturing, franchises, retail, and everything in between. The one thing all businesses have in coming is the need for extra working capital to thrive and grow in an increasingly competitive marketplace. Hemingway Financial Group offers accessible and reliable working capital solutions for businesses of every type and size in the Los Angeles area. Working capital from Hemingway Financial Group can be used for a variety of purposes, such as:
- Covering overhead costs
- Hiring skilled employees
- Increasing purchasing power
- Launching marketing campaigns
- Making payroll
- Paying down existing debt and other financial obligations
- Purchasing inventory, assets, raw materials, and supplies
- Rolling out new products
- Taking advantage of lucrative business opportunities
- Upgrading equipment
Merchant Cash Advances for Entrepreneurs in Los Angeles
Merchant cash advances from Hemingway Financial Group can be used by any business in Los Angeles that uses a point-of-sale system. We will provide an infusion of working capital that can be used for anything a business needs. Unlike traditional loans, a merchant cash advance does not impact credit ratings or place debt on the books. There are also no fixed payments. Instead, the balance is repaid from a small percentage of sales where customers make purchases with credit cards. This gives businesses much more flexibility without payments placing a strain on cash flow. Our merchant cash advance program features:
- Working capital advances up to $200,000 for each business location
- No collateral required
- Flexible payment methods
- No fixed payments, application fees, or closing costs
- Minimal paperwork to qualify
- No prepayment penalties
- Financing available in as fast as 7 days
Merchant cash advances from Hemingway Financial Group can be repaid from purchases made with major credit card brands, including:
- American Express
- Discover
- MasterCard
- Visa
Unsecured Lines of Credit for Businesses in Los Angeles
Every business can use an extra source of working capital. At Hemingway Financial Group, we offer unsecured lines of credit that are designed for both new and established businesses in Los Angeles. Unsecured lines of credit allow businesses in Los Angeles to get the working capital they need without having to put up any collateral. Out unsecured business lines of credit feature:
- Unsecured lines of credit from $25,000 to $50,000 for startups and new businesses
- Unsecured lines of credit up to $500,000 and above for established businesses
- Low interest rates
- No subprime loans
- Revolving and non-revolving options
- Attractive introductory offers
- Up to 5% over prime for large lines of credit
- No collateral required as long as other qualifications are met
- Fast prequalifications
Providing Working Capital for Businesses Throughout Los Angeles
Hemingway Financial Group is based in Los Angeles, and our team works directly with local businesses to understand their needs and provide working capital solutions to help them reach their goals. If you need fast, accessible, and flexible working capital solutions, reach out to the experts at Hemingway Financial Group today.
Contact Us
Contact us today for more information about our unsecured lines of credit and how they can help your business.