CAN Capital Review

CAN Capital ReviewCAN Capital offers fast and easy small business loans that can either help you out of a jam or get your business to the next level in terms of earnings and profits.

They say they can get you the money as soon as the next business day, and that they’ve been in business for 17 years. This isn’t their first pony ride, as they’ve helped over 150,000 businesses with their cash needs. Those are some pretty impressive numbers, especially that they’ve been in business for so long and helped so many clients. They couldn’t be around that long without doing a good job.

The calculator they offer will give you a good idea of how much you can expect to be approved for based on how long you want to pay it back and how much you want to take out. It’s all weighted by how much your business brings in every month. More on that below.

CAN Capital Review – Easy Business Funding

CAN Capital is trying to reinvent what it’s like to get money for your business. They don’t make you grovel at their feet when you need a loan. They simply ask for you to fill out an easy application and to share with them the relevant information so they can make a decision.

What’s nice is they give you a calculator so you can easily figure out what a loan is going to cost you, and whether it’s worth it or not to take it out for the deal you’re considering, or to get your business back on its feet.

One example for a small business that makes $10,000 per month in sales and wants to borrow the money for one year. They could borrow up to $8,000 and they’d make payments every weekday of $41 for an entire year and end up paying $10,800 when it’s all said and done. So they ended up paying about $2,800 to borrow $8,000 for a year. If you can’t get a better loan anywhere else and this allowed you to stay in business, or recover from a setback, or expand your business to the point of making $20,000 per month, it’s totally worth it.

However, if conditions in your business don’t improve then it’s just a daily expense that is going against your bottom line and sending you into bankruptcy that much faster. These loans have to make good business sense or they’re just not worth it.

And there’s no guarantees in life, you just have to use good business acumen and go with a gut check to see if it all makes sense. You may even want to bring in a trusted adviser to see if this is the best option for you at this juncture. Maybe they can show you a different way to get the money you need at less of a cost, or maybe they’ll say go for it since you get the money right away and can use it to help your business without delay.

The Money Your Business Needs
Let’s say you just need $2500 to get caught up on payroll and make sure you keep your business’ good reputation. Or maybe you are eyeing a big deal and you need $150,000 to make it happen. No matter the case this could be the way to get the money you need to make your business survive and thrive.

It takes money to make money has never been more true, and a company like this just want to get you funded so that you can pay them back and they can make a profit.

No Personal Collateral
CAN Capital wants you to know that you don’t have to put your house or car on the line in order to help out your business. They keep your business and personal assets separate, so you don’t have to risk it all in order to have a business. You can put business assets up as collateral, and this can help get better rates and terms, but it isn’t necessary if you don’t have any business assets.

Our Recommendation
CAN Capital is a great place to start when you’re looking for a way to get money for your business without smashing your head against the wall when dealing with traditional banks.

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