Business Loans & Small Business Funding in Louisville, KY
We all know Louisville, KY for things like Kentucky bourbon and The Louisville Slugger, but the nearly 1.3 million metropolitan residents who call Louisville home know the city best for dishes like the Hot Brown, Derby Pie, and yes – bourbon, too. Louisville, KY sits on the Ohio River making it a convergence of both Midwestern and Southern cultures. Louisville is also known as the Gateway to the South, further cementing its status as an area with ties to both American cultures.
From a year-round economic standpoint, The Derby City is home to Yum! Food Brands, Brown-Forman, Humana, and Papa John’s. In addition to these major powerhouses, the citizens of Louisville, KY are predominantly employed by UPS, Ford, and GE Appliances, not to mention thousands of small businesses.
Being the largest city in the state comes with its benefits. The Kentucky Derby is perhaps the highlight of the year for the city of Louisville on the national stage. While the University of Louisville has found success in both football and basketball, Louisville dominates the sports world during the two-week long Kentucky Derby Festival. It’s part of a rich festival tradition which includes the annual Thunder Over Louisville, the largest fireworks display in North America.
Tourists from across the region come to enjoy these events during the spring and summer. This means it’s the perfect time to increase your inventory or your advertising and marketing spend in order to capitalize. If you’re operating in Louisville, KY and need access to working capital to seize the moment, investing in your business makes a ton of sense.
If your business is indeed looking to make a change, it can be extremely difficult to find the free liquid capital to finance your growth. If your budget is tied up in assets and payroll, funding alternatives to cash flow loans can create a path to achieving goals and not falling short.
Commercial Business Financing in Louisville, KY
When a small business owner in Louisville finds themselves in need of working capital, they usually turn to a big bank to obtain a traditional business loan. However, while this may be a great idea for large companies, it may not be the wisest decision for a business that’s smaller in size. Banks tend to stretch out the funding process for whatever reason, which in turn keeps applicants waiting for extended periods of time.
Usually, an applicant can expect to wait about 90 days to find out if they’ve been approved for funding. However, in particular cases, a business owner can find themselves waiting as long as six months for the capital that they need.
At Fast Capital 360, we never keep our customers in the dark. Often, our applicants are notified with an answer in just hours. Sometimes, a business owner can receive an approval in only 60 minutes.
After you have been approved for one of our funding programs, our funding alternatives to short-term small business loans are sometimes deposited into your account as soon as by the end of the next business day.
We enjoy helping small and medium-sized businesses in a variety of industries, including agricultural and restaurants — and have stood by their side for almost a decade. That’s why we’ve been voted #1 for funding alternatives to small business loans on CrowdReviews.com.
When working with Fast Capital 360, you can always expect a fair and transparent funding process, and you will never have to worry about not knowing how and when your funding alternatives to traditional loans are repaid. It’s this standard of dedication that has helped us become a leader in small business lending in Louisville, KY.
If you’re ready to learn more about our funding alternatives to small business bad credit loans, or any of our other business funding options available in Louisville, call Fast Capital 360 today at 1-800-735-6107.