Business Financing Solutions
Metropolitan Capital provides local enterprises with tailored working capital solutions. Our commitment lies in delivering accessible and responsive assistance to support your business endeavors. The Metropolitan Capital team is focused on fostering growth and success for general contractors, construction firms, and builders. Metropolitan Capital collaborates with a wide range of retail and service-oriented businesses. Here’s the list of the financing programs we offer:
Business Cash Advances
Business Cash Advances ($5,000 – $500,000): Our merchant cash advance program is designed to help you strategize for a prosperous future. Gain swift access to the working capital necessary for your business expansion. A merchant cash advance (MCA) offers businesses immediate access to a lump-sum amount of working capital, determined by anticipated credit card processing volumes, enabling them to fulfill their operational needs. Your local Metropolitan Capital Agent can assist you in completing the application in just a few minutes. 2-Day Funding Available after application approval.
Revenue-Based Business Loans
Revenue-Based Business Loans ($10,000 – $1,500,000): This financing option is tailored for contractors whose revenue is reflected in their monthly banking statements. A contractor may qualify for funding up to three times their average banking deposits over the past 3-6 months. This financing can be particularly beneficial for businesses experiencing fluctuating cash flow or requiring rapid access to funds. 2-Day Funding Available after application approval.
Line of Credit
Line of Credit: Our line of credit offers your business ongoing access to working capital precisely when needed. Flexible payment options allow for automatic withdrawals on a daily, weekly, or monthly basis from the business bank account, with repayment limited to the amount drawn plus any applicable interest or fees. This financing solution provides quick access to a predetermined amount of working capital, streamlining the process for businesses to draw on their approved credit. The way it works is a business is approved for a set amount of credit and has access to that amount through a streamlined process, which allows for easy access to drawing on the approved amount when needed. The full amount does not need to be drawn at once; your business can conveniently draw on as much or as little working capital as it needs, up to the approved amount. Businesses are only responsible for repaying the funds they used plus any interest or other fees that may be charged. 2-Day Funding Available after application approval.
Invoice Factoring
Your business-to-business (B2B) Invoice factoring helps small businesses convert invoices to immediate cash advances. Invoice factoring is a type of financing where a business sells its invoices at a discounted price for immediate access to working capital. It can take anywhere from 30 to 90 days for most businesses to receive payments from their customers; in these cases, invoice factoring gives small businesses quick access to funds to meet their cash flow needs. One of the advantages of invoice factoring is that it allows your business to turn outstanding invoices into upfront working capital. 2-Day Funding Available after application approval.
Equipment Financing
Equipment Financing ($25,000 – $2,500,000+): Equipment financing gets you the necessary equipment required to take on and complete more jobs. Acquiring the right tools and machinery is crucial for any business looking to operate efficiently and stay ahead of the competition. At RapidFinance, we understand how important it is for contractors to have the equipment they need to succeed and grow businesses. Funds can be paid to the equipment vendor (according to the purchase order) within 3-5 business days after application approval.