Business Loans & Small Business Funding in Raleigh, NC
Raleigh, NC is part of the Research Triangle of North Carolina, one of the country’s largest centers for high-tech and biotech research. Forbes ranks Raleigh, NC as the second best place for business and career growth. With a job growth rate of nearly 4% over the last three years, it’s easy to see how they’d be awarded with this distinction.
The Greater Raleigh area is home to a number of big name colleges and universities including the University of North Carolina at Chapel Hill, Duke University, North Carolina State, and Wake Forest University. The economic impact of these schools is profund, given the amount of remarkable research these schools churn out each year. It seems that nearly every year we hear of new breakthroughs in cancer treatment stemming directly from the Research Triangle.
Aside from ground-breaking research, Raleigh is home to The North Carolina Museum of Art. The museum houses some of the best artwork collections one could find between Washington D.C. and Atlanta. And speaking of beautiful artwork, Raleigh is also known as the City of Oaks for its many oak trees.
While the Research Triangle, colleges, and healthcare services are the biggest economic drivers on a national scale. Raleigh still survives thanks to the hard work for local entrepreneurs. Of course, having enough working capital to support and drive your business forward is crucial. If you are looking to turn your looking to reach the next level in your business, exploring funding for a new office could be the logical next step.
We’ve taken all of this into consideration in order to create the small business funding company to truly support small businesses easily.
Commercial Business Financing In Raleigh, NC
Unfortunately, going to a big bank isn’t always the best choice for small businesses in 2018. Last year, only a quarter of applicants were approved for traditional bank funding of any kind, meaning that 75% of businesses looking to grow their companies were left without any direction.
Small business owners often begin their search for securing working capital in Raleigh by investigating traditional business loans. This journey often leads to frustration. The long list of requirements make it nearly impossible to get the capital you need to grow your business.
A normal wait time is about 90 days, we know that’s not helpful to you. To make things even more frustrating, traditional banking institutions make many loan applicants wait as much as long as six-months. Yup; six months. We didn’t like how banks treated businesses looking for funding – so we did something about it.
At Fast Capital 360, we let our applicants know about their approval within hours; most applicants only have to wait 60 minutes to be approved for funding.
Our funding alternatives to short-term small business loans can appear in your bank account by the end of the next business day, once you’ve been approved. To see how many business owners go from application to cash in their hand in under 24 hours is absolutely amazing.
We like to think it’s because our customers always know how and when their funding alternatives to traditional loans are repaid. That and we guide them through every step of the process. We’ve become a leader in small business lending in Raleigh, NC thanks to our great customers and our transparent process. Our reputation has been built on repayment agreements that are fair & transparent and are always given to our customers clearly.
From funding alternatives to loans for school funding, medical equipment funding or even an SBA loan, we’ve been providing funds to small businesses for almost a decade and look forward to doing so for decades to come.