Commercial Loans

Commercial and Business Loans come in many shapes and sizes. Each financial instrument has unique criteria for approval, unique application of funds, and unique terms that must be met during the life of the loan. That’s why it’s so important to have a commercial loan broker on your side.

Let Bancor Group help you select, target, and apply for the loans that will best meet your unique business objectives.

ACCESS FUNDS FOR GROWth…

Asset Backed Loans

Unlock funds held in valuable assets

After years of investment in property and equipment, many businesses find themselves facing liquidity challenges. Put those assets to work for you, giving you the flexibility you need in today’s marketplace.

PRE-APPLICATION FORM

Working Capital

Maintain cash on hand for operational flexibility

Commercial capital loans are not made the same. Our financial team will assess your business scenario and provide you with options suited to your near and long-term goals.

PRE-APPLICATION FORM

Debt Restructuring

match costs to revenue

Periodically, businesses must reassess their debt coverage ratio and their cost of money. When the time is right to consolidate, reduce interest rates, or deleverage assets, restructuring debt may be right for you.
PRE-APPLICATION FORM

Equipment Funding

Finance high-value business tools and capitalized equipment

For many providers, today’s technology and equipment are the tools that facilitate exceptional performance, customer experience, and efficiency. See how you can access the tools you need to get the job done right.
PRE-APPLICATION FORM

Factoring

Sell Contracts and Accounts Receivable for immediate cash

Accelerate cash flow to fulfill contracts and manage expenses during your production cycle. Why take out high interest loans when you can collect on moneys owed to your business today?

PRE-APPLICATION FORM

Project Financing

Construction Loans and Fix & Flip Financing

Developers, business owners and property managers can improve their real estate through construction and value added financing. Explore ways you can generate value and expand your business.

PRE-APPLICATION FORM

SBA Loans

Reduce interest rates with federally backed funds

The SBA fulfills its mission to build the backbone of the American Economy by underwriting approved loans to small businesses. Consolidate, access working capital, and even acquire or construct new property.

PRE-APPLICATION FORM
How do loans from a broker differ than a direct lender? 

Bancor Group’s loan brokers work on your behalf to source the right loan product from the right lender to create a better match and a faster process than sorting through lenders and applying yourself. Because we know the field we know what a good deal looks like. Many direct lenders try to match your business to their available offer, regardless of whether it is a sound fit for you and your business. Bancor Group increases choices, provides you context and insight, and helps you make better funding decisions.

What are credit requirements in working with loan broker?

Loan brokers work with business owners with many different credit scores. In fact, some loans we are able to source for businesses begin with the requirement your business has been rejected at every turn. Additionally, there are ways to access funds in several categories that do not require a credit pull. The first step is to speak with a broker so we understand what your unique picture to source the funds you need.

How long will it take to get a commercial loan?
Depending upon your goals and objectives, and your current business scenario, approvals take anywhere from 24 hours to 48 days or more. We have options for fast money as well as funding for complex development projects that take a team to assemble. Regardless of your stage in business, we are able to help you balance speed, cost of money and return on investment as you select loan products to grow your business.
Which loan type is right for me?
There are many more loan products on the market than most business owners are aware. While online lenders offer a quick response and an urgent call to accept an offer, and bankers present a single product, interest rate, or repayment period, loan brokers can source multiple products, and multiple terms within each product, to help you attain your funding goals. With choices comes information – the kind of knowledge you can draw on again and again as you build and operate your organization.

Here's How To Get Started

Complete a Short Questionnaire

The information you provide will help us begin creating a plan for where you want to go.  As we learn more about you, we’ll customize and adapt our solutions for your true needs.

Have an In-Depth Conversation with our Team

After reviewing the information, we’ll set up a conversation to understand your business more thoroughly.  With the full picture of you and your business, we will work with our network to generate offers and showcase the best solutions to you. 

Submit an Application

Our team will answer any questions you may have to this point.  When you are content with the answers and information, we’ll help navigate you through the loan application process. Take Advantage of Continual Support. Things change.  We get it. Our lending professionals and brokers will stand by to provide further advice or answer questions as needed, even after the initial application is complete. 

What is the working capital ratio?

If you don’t have enough money to pay employees and keep the lights on, then the value of your long-term assets matters very little. That money, used for almost all daily expenses is referred to as working capital. Most businesses try to maintain a working capital ratio between 1.5 and 2.0. If you’re not sure what your ratio is, simply divide your firm’s annual liquid assets by its annual short-term expenses. The result is your working capital ratio.

Is working capital financing right for my firm?

If you are looking to make a large investment or a long-term purchase, it is usually better to focus on certain tools (like a real-estate loan).  Working capital loans are usually better for short-term situations and boosting operational cash. If you are not in a rush for funds, other financing tools may be better for you, as working capital financing often comes with higher interest rates.

Will a factor impact my client relationships?
While not all factors interact with your clients in the same way, most clients won’t notice when you use a factor. In most situations, a simple notice of where to send payment is the only contact the client receives.
Are Hard Money Loans a safe option?
When you work with our network, you can rest assured that each lender has been thoroughly vetted, is licensed, and bears a reputation for integrity. All of our partners adhere to local and national laws and policies and meet established standards for credibility and trustworthiness. Additionally, if a Hard Money Loan is not the right tool for your business, our partners will tell you upfront and help you find a more appropriate financial solution. We are transparent with our terms and conditions and will answer any questions your team has. We want your business to feel safe and comfortable in its decision to work with us.