Camino Financial is here to help you succeed with small business loans
It can be very satisfying to be a small business owner. Although you could face many obstacles while running your company, overcoming them can give you a feeling of accomplishment and fulfillment. Among all the challenges that confront entrepreneurs, one of the most complicated can be raising funds for the business.
There are so many options for borrowing money. But it’s important to find a lender that offers reasonable rates, quick funding, and above all, the correct advice. If your company needs a cash infusion, consider taking a small business loan from Camino Financial.
Camino Financial small business loans–helping entrepreneurs from Paso Robles to prosper
Experienced business owners know that gaining access to funds when you need them can be critical to the success of an enterprise. A loan could help you save a significant sum and help boost your profits. For example, the money you borrow may allow you to buy inventory at a low price.
Borrowed funds could also provide the cash you need to expand operations, carry out a new marketing campaign, or buy new equipment.
Camino Financial is well-positioned to help. Here are the main features of our small business loans:
- We’re fast
Prospective borrowers are required to submit loan applications electronically. This saves time and is more efficient. We can transfer money directly to your bank account in as little as two business days from the date of approval and completion of documentation.
- It’s easy to meet our minimum requirements
To qualify for a small business loan, you should have been in business for at least nine months. Your annual gross sales should be at least $30,000.
- The documentation is simple
All you need is a social security number OR an individual tax identification number. Applicants without a credit history are eligible to apply.
- You don’t need to put up any collateral
We approve loans based on your company’s ability to repay, not on the value of your house or car.
There are other benefits, as well. Our annual interest rates are in the 12% to 24.75% range. There is also a one-time loan origination fee of 5% of the loan amount.
Additionally, every prospective borrower gets the opportunity to talk to our loan specialists. We’ll understand your needs and ensure that you get the money you need at the least possible cost.
Milagro’s Success Story
Here’s an example of how Camino Financial helped an entrepreneur realize her dreams.
Milagro was an employee at a beauty salon. When her boss decided to sell the business, she bought it with money borrowed from her mother. At this time, she also took a small loan.
The salon had only four stations. Milagro realized that there was enough demand to allow her to expand capacity. But funds were a constraint. She needed money from an external source to make renovations and buy inventory.
At this stage, she came to know about Camino Financial through social media. Although she did consider some other lenders, she finalized the loan with us. The deciding factor? The low rates of interest and the unbelievably fast response from the company.
Here’s what Milagro says,
A few minutes after completing the online application, I received a phone call. I couldn’t believe it.
They explained to me the rest of the loan process and told me I would receive my funds in two days.
And, that’s exactly what happened!
Let us walk beside you on your business journey
If you’ve ever thought about expanding your business but were held back by a lack of money, now is the time to act! Contact us for a free consultation. We’ll be happy to help you take your business to the next level.