What type of financing does Horizon Business Funding offer?
Currently we offer a financing vehicle called merchant cash advance. This vehicle allows us to provide financing to businesses who need to raise cash quickly and those who might otherwise find it difficult to raise outside capital through traditional bank loans.
How is a merchant cash advance different from a loan?
A merchant cash advance is different from a bank loan in several ways:
How quickly can I receive the cash my business needs?
Funding can be completed in as little as 24 hours. We understand that speed is important to you and we will work quickly to get you the capital you need as soon as possible. Below are a couple of things you can do to ensure fast approval and funding:
How much cash can I receive from Horizon?
We have a financing program for businesses of all shapes and sizes. Our minimum funding amount is $5,000 but we routinely provide merchant cash advances up to $500,000.
How can I use the money?
Since a merchant cash advance from Horizon is not a loan, there are no restrictions on the use of funds. Typically, our customers use the money for purchasing inventory, equipment, marketing, hiring additional employees, expanding their business space, or general working capital.
How can I qualify?
We designed the qualification process at Horizon to be as painless as possible. The basic requirements are:
Poor credit, previous loans or advances, and even recent bankruptcy are not disqualifiers.
To get started, simply fill out the online form, and a Horizon representative will contact you promptly to discuss the best funding options for your business.
My Credit is below average, can I still apply?
Yes! Please don’t let a low credit score hold you back. At Horizon we view your credit score as just a number. Our financing is based more on business revenue and solvency than personal credit.
What industries do you work with?
We evaluate each business on its own merit. We have the ability to work with virtually any business type. Over the years we have provided financing for business in Construction, Business Services, Retail, Medical, Transportation, Wholesale, Manufacturing, Automotive Services, Restaurants & Bars, Childcare, Salons, and more!