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
Businesses that need working capital solutions in Louisville often turn to the big banks for a traditional business loan. Unfortunately, the major financial institutions aren’t always the best choice for small businesses. As of November 2017, only 25.1% of applicants were approved for funding of any kind. While approvals rose slightly over the last year, banks purposely make the lending process difficult for business owners. Requirements force them to wait long for periods of time while enforcing hidden terms and conditions.
The traditional banking institutions make many loan applicants wait as much as 90 days to find out if they’ve been approved for the funds they need. Some applicants reporting waits as long as six-months, unfortunately.
At Fast Capital 360, our applicants are notified of their approval within hours. Most users only have to wait 60 minutes to be approved for funding.
Once your funding program is approved, our funding alternatives to short-term small business loans can arrive in your bank account by the end of the next business day. Many business owners go from application to cash in their hand in under 24 hours. Which projects on your to-do list would you tackle with nearly instant funding?
From funding alternatives to loans for restaurants, retail businesses, or even manufacturing businesses, we’ve been providing small and medium-size businesses with the funds they need for nearly a decade. Thanks to our incredible customers and their satisfaction with the experience we’ve provided, Fast Capital 360 has been voted number one on CrowdReviews.com for funding alternatives to small business loans.
We’ve built our reputation on fair & transparent repayment agreements that are clearly written with a straightforward delivery. Our customers always know when and how their funding alternatives to traditional loans are repaid. It’s this level of disclosure has allowed us to become a leader in small business lending in Louisville, KY.
To learn more about our merchant credit card advances, funding alternatives to small business bad credit loans or any other business funding options in Louisville, give us a call at 1-800-735-6107.