Business Loans & Small Business Funding in Riverside, CA
Riverside, CA is located 60 miles east of Los Angeles and home to 303,000 in the city limits. While it’s in a neighboring county, Riverside most certainly benefits from LA’s sprawling population.
Riverside is known as the birthplace of the citrus industry, after clippings from a Brazilian monastery were obtained by the U.S. Department of Agriculture in 1873. The navel orange became the mutation that evolved from these cuttings, establishing a business that still exists to this day. Aside from the oranges, The University of California, Riverside Botanical Gardens are a beautiful destination for all residents and visitors, featuring over four miles of floral walking trails.
Manufacturing and local municipal employment are the economic drivers in Riverside, CA. The largest employer is Riverside County, with Kaiser Permanente being the largest private outfit. From the manufacturing perspective, Riverside produces a large deal of electronic equipment, food products, and medical devices.
Considering the close proximity that Riverside has to Los Angeles, the potential for small businesses to thrive in the Greater Inland Empire is tremendous. Whether you’re in need of medical equipment funding to expand your patient services or are just interested in funding for maintenance services to enhance the manufacturing tools you have currently, it takes a solid amount of investment in Southern California.
Of course, having enough working capital to support and drive your business forward is important.
We’ve taken all of these factors into consideration in order to create the small business funding company that truly supports small business growth.
Commercial Business Financing In Riverside, CA
In most cases, small business owners believe going to a big bank is the best choice for them. The journey to finding small business funding in Riverside can often lead to frustration. The long list of requirements make it nearly impossible to get the capital you need to grow your business.
In fact, only a quarter of applicants were approved for traditional bank funding of any kind in 2017. This means that the remaining 75% of businesses looking to grow their companies were left without any sense of direction.
For a traditional loan, we know you usually need to wait 90 days to find out if banks will offer funding to you and that’s not helpful. To make things even more frustrating, the wait can be as much as long as six-months. That’s a long time to wait.
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’ve become a leader in small business lending in Riverside, CA 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.