Small business financing options that can benefit businesses

Nebula Finance has multiple financing options for your small business

Fast Funding

Within hours of application and approval

Tailored Financing

Financing created for small businesses

Easy Process

Apply within minutes from your device

What is small business financing?

Business financing refers to when a small business receives financing, such as a business loan, merchant cash advance or line of credit that is used solely for business purposes. Many business purposes are not just limited to purchasing new inventory, machinery or even paying off debt. Business financing can also be used for anything business related such as marketing efforts, location expansion, and general working capital.

Most businesses whether large or small heavily rely on small business financing to help meet a lot of their business needs. We understand how small businesses operate and that’s why our team created business financing products to help meet those needs in a simple and fast way. Our loan products have a quick and easy application process, easy to understand terms and flexible payment options so that small businesses can obtain the capital they need ASAP. For those businesses that have a lot of receivables, credit card sales or are a seasonal business, our merchant cash advance product might be a great fit for your business. If you want your business to have a safety net by having financing available as easy as a draw away, a line of credit might be the perfect business financing solution. It all starts with a quick application so we can learn more about your small business. If we are a fit and your business is fully approved, our team will work quickly to send over the funds.

Business Financing Options

Small Business Loan*

Great for receiving funds in one lump sum with fixed payments and a fixed term. Small business loans are ideal for bridging a gap or fluctuation in business cash flow, for a one-off purchase of equipment, to capitalize on an opportunity or complete a big job.

Loan Amount

Loan amounts starting at $5,000 up to $1 million

Business Loan Terms

Loan terms starting at 3 months and ranging up to 60 months

Payment Frequency

Automatic daily, weekly or monthly payments withdrawn from the business account on file

Fixed Payments

he fixed payment amount is automatically withdrawn from the business bank account

Key Benefits

Easy application process, fixed payments, longer terms and access to higher dollar financing amounts

Cost and Fees

An interest charge or fixed fee will be charged. Other fees may also be charged

Merchant Cash Advance*

Variable payments based on a portion of your credit card sales or other receivables. An advance is great for businesses that want more flexibility as the advance has variable payments based on credit card sales or receivables.

Advance Amount

Advance amounts starting at $5,000 and range up to $500,000

Estimated Completion Date**

Payments are based on the business’ receivables so there is no fixed payment term

Payment Frequency

Variable automatic payments based on the business receivables

Flexible Payments

Automatic payments calculated based on a percentage of the business’ credit card sales or other receivables

Key Benefits

An advance is great for businesses that have high credit card sales or receivables or are seasonal

Cost and Fees

The receivables are purchased at a discounted price and fees may be charged and deducted from the advance amount

**An estimated completion date is calculated based on the estimated time it will take the business to deliver the receivables (which will vary based on the business’ performance). These estimated completion dates typically range between 3 months up to 18 months, but this is only an estimate.

Line of Credit*

A business line of credit is ideal for repeat cash flow needs. Businesses have access to the approved amount whenever they need it, which makes it great for those unexpected expenses.

Available funds

Credit limits starting at $5,000 up to $250,000

Payment Terms

Amortization can be from 3-18 months. Term may reset every time you draw capital

Payment Frequency

Fixed daily, weekly or monthly payments withdrawn from the business bank account on file

Flexible Payments

Payments are automatically withdrawn from the business bank account

Key Benefits

Flexible product as it allows a business to have capital ready to go when the business may need it

Cost and Fees

An interest charge or fixed fee will be charged. Other fees may also be charged

Bridge Loan*

A short term loan available to businesses while they secure permanent financing or remove an existing financial obligation. Ideal for businesses that need to meet current obligations with immediate cash flow.

Loan Amount

Loan amounts starting at $5,000 and range up to $1 million

Loan Terms

Loan terms starting at 3 months ranging up to 60 months

Payment Frequency

Automatic daily, weekly or monthly payments withdrawn from the business account on file

Fixed Payments

The fixed payment amount is automatically withdrawn from the business bank account

Key Benefits

Access to quick capital for a short term until the business is able to secure a longer term loan

Cost and Fees

An interest charge or fixed fee will be charged. Other fees may also be charged

SBA Loan*

An SBA loan is a long-term, low fee small business loan partially guaranteed by the government that can be used for business purposes

Invoice Factoring*

Invoice factoring, also known as accounts receivables factoring, allows businesses to turn pending invoices into immediate funds

Loan Amount

Loan amounts starting at $50,000 and range up to $10 million

Loan Term

Loan terms ranging from 1 year up to 30 years

Payment Frequency

Monthly payments from an account on file

Advance Amount

Advance amounts starting at $20,000 and range up to $10 million

Easy Application

Apply and submit your outstanding invoices

Simple Process

Get immediate access to capital on outstanding 30, 60 or 90 day invoices

Asset Based Loan*

Asset based loans are based on company assets that are used as collateral to secure business financing. This allows you to borrow based on company assets on an ongoing basis to cover expenses or investments.

Commercial Real Estate Loan*

A loan to help finance the purchase, development, or repair of land, buildings, offices, and other commercial properties.

Loan Amount

Loan amounts starting at $50,000 and range up to $10 million

Loan Term

Loan terms ranging from 1 year up to 30 years

Payment Frequency

Monthly payments from an account on file

Advance Amount

Advance amounts starting at $20,000 and range up to $10 million

Easy Application

Apply and submit your outstanding invoices

Simple Process

Get immediate access to capital on outstanding 30, 60 or 90 day invoices

Important considerations for small business financing

For businesses that accept credit card payments, have receivables or are seasonal, a merchant cash advance is a great option as it is based off of the businesses’ credit card sales or other receivables, so payments are flexible. If a business is looking for a higher financing amount and fixed payments, than a small business loan may be a better solution for the business.

How long you need the capital for can guide you towards the finance option that meets that time frame. Merchant cash advances and lines of credit are the most flexible when it comes to short term financing. Small business loans are great for long term financing as you may have up to 60 months to repay.

While some small business financing does take into account your credit score, the majority of commercial financing companies rely more on the performance of your small business. Certain financing products, such as a merchant cash advance (which payments are based on future credit card and other receivables) typically allow for a lower credit score, where as a line of credit might require a higher credit score.

Unexpected costs can be frustrating and stressful. Lines of credit could be the best business financing option as you have access to a pre-approved amount whenever you need it. No need to take more than you actually need for your expenses.

Have Questions?

You have a question and we have an answer. Speak to one of our business advisors today.

Call us at 3055047879