Your Small Financing Questions — Answered

Park Business Capital helps businesses get funding such as short-term loans, long-term loans, SBA loans, lines of credit, equipment financing, invoice factoring, merchant cash advances, credit card splits, and more.

Based in Miami, Park Business Capital works with businesses (small and large) across the country, supporting industries such as manufacturing, construction, healthcare, services, restaurant, automotive, transportation, wholesale, and other sectors.

If you’ve been in business for 3 months and have $10,000 in monthly deposits, you can qualify for business financing with Park Business Capital.

Simply complete the application, including your 3 most recent bank statements, and find out if you’re approved in 24 hours or less.

Short term business loans offer quick funding with short payback windows, typically less than a year.

Long-term loans offer larger amounts of money over longer periods of time, usually 3+ years.

Park Business Capital supports small business financing and loans for manufacturing, services, commercial construction, transportation, healthcare like medical and dental offices, restaurant, automotive, wholesale, and other industries

Not necessarily. LLCs (limited liability companies) can access our loans and financing products, but we also finance sole proprietors, partnerships, C corporations, and S corporations.

Personal loans are borrowed in an individual’s name, and can be used for early-stage business ideas, consolidating debt, and major personal purchases. Small business loans are strictly tied to a business, requires more documentation, and generally scale to higher amounts.

While a personal loan can help you get started, you will probably need to undergo a hard credit check, which can lower your credit score. If you’re seeking real growth and expansion, business loans and financing are the best move.

Yes, though they typically require a personal performance guarantee. This means that instead of physical collateral, the individual is personally guaranteeing that the business will continue generating the revenue necessary to pay back the loan.

For Park Business Capital, you will need, at minimum:

• 3 months in business
• At least $10,000 in monthly deposits
• Last 3 bank statements
• Completed applications

Certain loans and financing options require additional requirements, potentially including:

• Annual revenue (≈ $50,000 - $250,000+)
• Credit score of 600+, higher for some loans
• Business entity, such as an LLC
• Documents, such as tax returns and a business plan

Nope! Your credit score will not be impacted by receiving financing from Park Business Capital

Our financing products can range from a couple of thousands of dollars to well into the millions, depending on your business’s revenue.

Short-term and long-term loans, SBA loans, lines of credit, equipment financing, invoice factoring, and merchant cash advances are the most common options for businesses small and large.

Today’s interest rates range from 4% to 50%+. At Park Business Capital, we work with you to get the lowest possible rate.

In general, you will access payment terms that range from 2-3 months, all the way to 10+ years. Shorter term loans are common quick-access funding.

Small business owners use loans for working capital, inventory, payroll, equipment, operational expenses, marketing, sales, expansion, acquisitions, new real estate, renovations, and more.

You can fund your business with a personal loan, but it’s much riskier and can lower your credit score. For this reason, small business loans and financing is a more strategic move, especially if you’re in the growth stage.

Park Business Big players like Amex, Chase, PayPal, Bank of America, and TD Bank offer a number of financial products. Sometimes borrowers become a number and don’t get the hands-on strategy approach they receive when working with Park Business Capital.