GoKapital Serving North Carolina.

They provide flexible financing options for business owners who may need alternative funding outside traditional banks. GoKapital typically offers loans such as:

1. Term Loans: Fixed-term loans with predictable monthly payments, often used for working capital or other business needs.
2. SBA Loans: Government-backed loans with low interest rates for eligible businesses.
3. Merchant Cash Advances (MCA): Financing based on your credit card sales, with repayment tied to your sales volume.
4. Lines of Credit: Flexible credit that you can draw from as needed, paying interest only on what you borrow.
5. Real Estate Loans: Funding options for commercial property purchases, renovations, or refinancing.
6. Equipment Financing: Loans specifically for purchasing or leasing equipment for your business.

These loans can provide flexibility and quicker approval than traditional bank loans, but they may come with higher interest rates, especially for short-term or riskier loans like MCAs. GoKapital usually has less stringent credit requirements and faster approval processes than traditional banks, but terms can vary depending on factors such as your business history, revenue, and credit profile.

If you’re considering GoKapital or any other business lender in North Carolina, review the terms carefully, especially the fees and interest rates, and make sure the financing aligns with your business’s needs and repayment capabilities.