Fresh Funding is a private financing company established in 2017 with its head office situated in Broadway street, New York. The company is a Limited Liability Company providing the owners with a flexible structure and protection from being directly named in Lawsuits. It offers instant financial help to businesses that need a short-term bailout. Fresh Funding is a small-scale, privately-owned company with around 10 employees working for them.
The company prides itself on providing its customers with custom-made financing solutions tailored specially to meet the customer’s unique requirements. They will work closely with your business to help you devise a repayment that suits your schedule.
What is Fresh Funding’s target audience?
Fresh Funding provides financing solutions to small and middle-sized businesses or enterprises. These are short-term funds that are meant to support existing businesses in times of crisis and to help startup new ventures. Short-term loans are intended to help companies in the short-term; these are usually paid within six months to a year and sometimes up to a maximum of 18 months. Loans that take longer than a year to be paid are considered medium to long term loans.
Fresh Funding only deals with short-term loans provided to assist small businesses facing temporary financial problems.
How much can be borrowed for a loan?
They offer financial assistance ranging from $5,000 to $500,000. This amount is quite substantial for small to medium businesses ventures, and it is given in a time of need when the business requires one. Fresh Funding will provide you with loans even when you have taken multiple loans from other institutions.
For example, if you default on a payment to a supplier, and you have already exceeded your credit limits with other banks, out-of-the-box solutions like Fresh Funding’s short-term loans will come in handy. They can process your request within 2-4 hours of applying for the loan. Your requested funds will most likely be transferred to your account within the same day.
What makes Fresh Funding different from other loan companies?
Fresh Funding has a very inviting partnership stance, and they welcome anyone who would like to partner up with them in starting or supporting businesses. If you are a small business owner, starting a new business venture, managing lots of small businesses, commercial loan broker, or anyone with a great business idea, Fresh Funding will work with you directly to help make you grow. This benefits them as well since making up long-term clients and partnering with companies is beneficial for a new company like this.
Fresh Funding provides the best customer support and care. They are the kind of company that will sit down in the corner and listens to your problems. They pride themselves in providing solutions that are unique to your business by investing the company’s time and resources into the customer’s business.
Moreover, they offer very lucrative referral fees to their clients. If you can bring in similar clients, like yourself, who need short-term personalized financial assistance, you will have a hefty payday.
When should you consider Fresh Funding for a loan?
The company offers working capital loans that are crucial when the incoming cash flow is less than the outgoing budget.
Moreover, the working capital will assist you in time when the receivables are delayed. Their Business line of credit is directly linked to your company’s working account, so you will have an extra safety net when you overdraft on your accounts. Business Cash Advance and short-term loans can be arranged at short notice, but it must be paid within the year. Small to medium businesses are in dire need of this arrangement due to fluctuation market demand.
Additionally, there is an inventory loan facility that allows startups and running businesses to purchase inventory with bank credit. The inventory will serve as collateral in case the company fails to generate revenue. Similarly, there are financing packages designed for special service businesses like Medical that require assistance in case of an emergency.
How important are online reviews when taking out a loan?
It is vital to check out the reviews of any financial company so that you know you are dealing with a legit organization. Check for registration with the relevant state department and carefully read the loan agreements.
Fresh Funding provides diverse solutions and opportunities for small businesses that need help. They are also an excellent opportunity for companies that wish to expand their scale or want to improve a specific aspect of their operations. If you want to reach and connect with Fresh Funding, you may do so at this number 888-355-4352. Their New York office is open Monday through Friday from 8 am to 5 pm EST.
Furthermore, they can also be contacted through email at [email protected].