Licensing and Education Costs
Use funds from a business loan for costs associated with obtaining your real estate license.
As a real estate professional, your goal is to help families and businesses find their dream homes or locations. A commission-based payment schedule, however, means business income can be sporadic. When you need to cover regular business expenses while waiting for your next sale to close, consider a small business loan to get working capital when you need it most.
Use funds from a business loan for costs associated with obtaining your real estate license.
Working capital loans give you cash to cover advertising expenses to reach new clients.
Purchase a vehicle to transport clients to open houses and viewing appointments.
Invest in software that helps you run your business more efficiently
How do real estate business loans work? Applying for a real estate business loan has never been easier.
Submit your application securely in minutes.
We’ll discuss the right financing option for you.
Receive financing and start growing your business.
Real estate businesses run on a unique model. Much of your business is generated through referrals from past customers, and payments are made after a sale occurs. Some real estate business owners find it difficult to get approved for a small business real estate loan from traditional lenders due to the less traditional model of the industry. At SpringFi, we understand how a real estate business works. We’ve worked with many real estate businesses and can offer you higher approval rates than a traditional lender.
An Real Estate Agent business loan is an investment in the growth of your company — but securing financing is only a fraction of what it takes to manage your finances. We’ve put together a list of resources to give you the whole story on loans, taxes, and managing the financial health of your company.
They are based off of your business cash flow without the needs of any asserts or collateral. having a low credit score or tax susses is not a deal breaker.
If you have a query regarding a loan then we are here to your help you can arise your query also.
There are no restrictions on the usage of your funds. Once you’ve received funding, you can use it as you see fit.
The first step to receiving funding is filling out our online application. Once filled out, we’ll get in touch with you to discuss your financing options. Depending on your business needs, you may be eligible to receive funding with the documentation provided in your application. In the case a financing option requires additional documentation, we’ll let you know. Once you’re approved, you can expect financing in as little as 24-48 hours.
Bad credit isn’t normally a deal breaker. Your financing options are based on business cash flow. If your business receives over $5,000 in gross deposits, we encourage you to apply.
Once your application and bank statements are submitted, it only takes 4-10 hours to receive a decision from underwriting. If you accept the offer, we can have the funds in your account in as little as 24 hours.
We can typically finance anywhere from 100% to 200% of your average monthly gross deposits.
Once approved, you’ll receive funding in a few hours. Normally we can fund within 24 hours of receiving the application and banking statements.
There are no penalties for early payment. In some cases, we offer discounts for paying your loan off early.
Yes, we can consolidate existing loans into one note. And we can also fund advances while having existing ones without paying them off. There are options.
Fill out our online application or contact us directly, and one of our representatives will be happy to assist you. Feel free to call us at (347) -778-5195