Other Financing
Collateralized Financing
Term Loans
Standardized & Non-Standardized SBAs
Equipment Financing
Collateralized Financing
At Verite Community Business Fund, we specialize in empowering businesses like yours to thrive through innovative financial solutions. Today, we're excited to introduce you to the transformative possibilities of collateralized financing — a dynamic approach that leverages your assets to secure the capital you need to propel your business forward.
Maximizing Your Assets for Growth
With collateralized financing, you have the opportunity to harness the untapped potential of your free-and-clear real estate and equipment. Our flexible programs offer a choice between interest and principal payments or an interest-only investment, ensuring that you can tailor your financing to align seamlessly with your business objectives. Whether you're seeking a 24-month boost or a longer-term strategy spanning 60 months, our diverse range of financing terms caters to your specific needs, providing the support necessary for sustained growth.
Streamlined Application Process
At Verite Community Business Fund, we understand the importance of efficiency when it comes to securing financing for your business. Our streamlined application process simplifies the journey, allowing you to focus on what matters most — building and expanding your enterprise. To get started, all we require are essential documents such as your business's bank and credit card statements, asset sheet, and real estate schedule. From there, our expert loan officers will guide you through every step, ensuring a seamless experience from application to approval.
Please Submit:
The last 6 months of bank statements for your business
The last 4 months of credit card statements for your business
Your asset sheet
Your real state schedule
Unlocking Financial Flexibility
A line of credit from Verite Community Business Fund provides your business with the flexibility it needs to navigate fluctuating financial demands. Simply withdraw the funds you require into your business checking account and pay interest only on the amount you use. This invaluable resource empowers you to seize opportunities, manage cash flow, and drive growth with confidence, knowing that the support you need is readily available.
Customized Solutions for Your Business
Whether your business requires conventional financing, equipment financing, or debt consolidation, our dedicated team is here to help. We take the time to understand your unique circumstances and goals, guiding you toward the financing solution that best aligns with your needs. With options for term loans and flexible payment schedules, we empower you to take control of your financial future and unlock new possibilities for success.
Partnering for Success
At Verite Community Business Fund, our mission is to be more than just a lender — we strive to be your trusted partner on the journey to achieving your business goals. With unbeatable service, diverse financial options, and a commitment to community and inclusion, we are here to support you every step of the way. Contact our team today to explore how collateralized financing can transform your business and propel you toward a brighter future.
Take the Next Step
Ready to unlock the full potential of your business with collateralized financing? Contact our team today to learn more about our tailored solutions and discover how Verite Community Business Fund can help you achieve your financial objectives. With our expertise and dedication, you can trust that you're in good hands as we work together to fuel your success. Let's embark on this journey together — your business deserves nothing less.
Term Loans
Up to $500,000 and annual interest rates as low as 9.99%
Short Term Loans | 3- 12 months
With 3-12 month terms, our short-term loans are the perfect way to get financing for projects that have a fast turn on investment. Ideal for everything from marketing your company and hiring seasonal employees to updating locations, short-term loans with Verite Community Business Fund may be the solution you’ve been looking for.
Our short-term loan rates start as low as 9% simple interest. Simple interest works by calculating the amount of interest you pay as a percentage of your loan amount, excluding fees. Simply interest is helpful because it allows you to see the total payback amount of your loan.
Long Term Loans | 15-36 months
With 15-36 month terms, the long-term loans offered by Verite Community Business Fund can help you to fund large projects that are paid back over a longer period of time. Whether your goal is to expand your business with new locations, purchase new equipment, or develop new products, a long-term loan can help you to achieve your goals.
Long-term loans have interest rates as low as 9.99% anually, which works by calculating your yearly interest percentage based on the average balance of your loan, excluding fees.
Standardized SBAs & Non-Standardized SBAs
Verite Community Business Fund is pleased to offer both standardized and non-standardized SBA (small business administration) Loans. No matter your specific needs, we’ll work with you to determine which option is best for your unique situation, and which benefits suit your needs the most.
Please Submit:
The last 6 months of bank statements for your business
The last 4 months of credit card statements for your business
The most recent year of your business’s tax returns
A recent FICO Report
Our team of experienced loan officers is pleased to work with small businesses to help them get the financing they need to reach their goals. If you have a small business and are interested in a standardized or non-standardized SBA, we’re here to help you find the solution that will work best for you. Just complete our easy, streamlined application process, and you’ll hear back from us quickly. We work fast to ensure your time is spent focusing on what really matters: running your business.
Contact our team here at Verite Community Business Fund today to learn more about standard/non-standard SBAs, and which option is right for you. We look forward to helping you achieve your financial goals.
Equipment Financing
With Verite Community Business Fund, equipment financing has never been easier. We are proud to offer programs for equipment leasing and financing to business owners. With options including terms up to 60 months and 100% financing, we make it easy to get the money you need to run your business effectively.
Why Consider Equipment Financing?
Equipment is the backbone of many businesses, enabling operations to run smoothly and efficiently. However, purchasing new equipment can be a significant financial burden, especially for small businesses and startups. This is where equipment financing comes in — by obtaining a commercial loan specifically for equipment, you can acquire the assets you need without draining your working capital. Verite Community Business Fund offers competitive rates and flexible terms to help you get the equipment your business requires to thrive.
Benefits of Getting a Business Loan
When you partner with Verite Community Business Fund to secure a business loan, you gain access to a range of benefits designed to support your financial goals. Whether you need startup financing or fast business financing, our team is here to guide you through the process and ensure that you receive the funds you need promptly. With our streamlined application process and responsive customer service, getting a business loan has never been easier.
Please submit the following:
- An application
- The last 6 months of bank statements for your business
- The last 4 months of credit card statements for your business
- The most recent year of your business’s tax returns
- An equipment invoice or quote
Financing a Small Business Made Easy
We believe that every small business deserves a chance to succeed. As a minority-owned and operated business based in Jersey City, New Jersey, we understand the unique challenges faced by entrepreneurs and business owners, and we are here to support your growth and success. Our financing solutions are tailored to meet the unique needs of small businesses, providing access to the capital necessary for growth and expansion. If you are looking to invest in new equipment, expand your operations, or boost your working capital, our experts are here to help you navigate the process and secure the funding you need.
Fast Business Financing Solutions
In today's fast-paced business environment, agility is key to staying ahead of the competition. That's why Verite Community Business Fund offers fast business financing solutions to help you seize opportunities as they arise. With quick approval times and efficient funding processes, you can access the capital you need without delay. Whether you need to fund a new project, cover unexpected expenses, or take your business to the next level, our funding business is here to support you every step of the way.
Getting the equipment you need to run your business successfully is easy with Verite Community Business Fund. Our equipment financing options are straightforward and our application process has been simplified to ensure you can get the financing — and equipment — you need quickly. We understand that your business can’t function without certain equipment, and we’re here to see that you can finance all your equipment needs.
If you need equipment financing, contact our team at Verite Community Business Fund today. One of our expert funding advisors would be happy to answer any questions you may have and help you get started with the application process.