Express Capital has introduced a new business bridge loan that is substantially different from most real estate bridge loans. The Express bridge loan is unsecured and offers the flexibility you need to add cash during down cycles. Bridge loans are used to invest in working capital for general business purposes, such as cash to stock up on inventory, complete a project, purchase materials and even cover payroll.
When you apply with us, you can feel confident knowing you have selected a direct lender whom you can trust. Our qualification process is very quick, which means your loan will be funded within the same day and hassle-free. Our application requirements are designed to be simple. All we need is a half-page online application form along with the last 6 months of business bank statements.
Business Bridge loans are used when your cash flow falls short and are effective when your business needs funding immediately. If you find your business in any of the following scenarios, contact us to help:
Funding the start of a new project’s labor and supplies
Stocking up on inventory prior to a high-demand job
Funding seasonal businesses
Paying off Tax liens
Covering payroll and/or payroll tax commitments
Making payments to vendors and suppliers
Needing cash for general management
Covering training and recruitment expenses
Getting the working capital needed to take on larger jobs
No Collateral Required
Borrow from $5 - $150k
Simple Application Process
No Prepayment Penalties
Direct Lender, No Broker Fees
A+ Rating with BBB
To qualify for a bridge loan, your business needs to be at least a year old. Your business deposits must be a minimum of $90,000 annually or $7,500 per month over the last three months.