We fund deals through our Choice Business Funding Network (CBFN) At Choice Business Funding (Choice), we understand that there is no single funding option that suits all small businesses perfectly.

Choice Business FundingSome businesses have better credit than others, some businesses don’t accept credit cards, and businesses require different amounts of financing. For this reason, we work with each business to provide a customized solution that will be the best solution for their business.

All of our business funding services are offered with what we call ‘crystal clear pricing’ with no hidden or surprise fees. We believe in being open and transparent with the businesses that work with us.

Our unique Choice Business Funding Network (CBFN) of providers, enables us to select the appropriate funder for our client’s unique needs. Our network allows us to work with you to choose the best funder with the best offer for your business.

Our Funding Programs Include:

  • Term Loans/Working Capital Loans
  • Equipment Financing/Leasing
  • Merchant Cash Advance (MCA)
  • Factoring
  • Asset-Based Loans
  • SBA Loans

We fund the following types of businesses through our Choice Business Funding Network (CBFN):

Restaurants, Retail Stores, Auto Body Shops, Construction Businesses, Medical Practices, Salons, and a variety of other industries and enterprises.

Not sure what type of funding you need? No worries!

Contact us or call us now at 513-334-6496. We can answer all of your questions and guide you to the best solution for your business.


Funding Program Details

Term Loans/Working Capital Loans
Loans are based on business revenue and are short-term from 6 months to 24 months with monthly, weekly, or daily payments.

Equipment Financing/Leasing
Allows you to buy equipment or get funding based on the equipment you already own.

Merchant Cash Advance (MCA)
If you process credit cards you may qualify for an MCA based on your annual credit card sales and payback is taken as a percentage of your daily credit card sales, ACH, and sales of future receivables based on total gross annual sales.

Take an advance based on your total gross annual sales, including your credit cards. Payback can be based on a fixed daily amount using ACH from your checking account or ACH and a percent-based holdback from your credit cards.

Factoring
You may be able to get funding based on accounts receivables (customer invoicing).  This type of funding is useful to a company that needs cash but has limited credit available.

Asset-Based Loans
Loans are based on the value of an asset you own.

SBA Loans
Government-guaranteed loans with lower rates and longer terms.


Alternative Funding Terms

Types of paybacks available include daily or weekly advances via ACH, percentage holdback, or both. Some merchant service processors offer what is known as a split, where your percentage holdback is split between you and your funder without any disruption to your credit card processing. If a split isn’t available, a lockbox is set up to accept your credit card sales and then split between you and your funder.

Revolving Advances
Advances are offered after meeting certain criteria with no refinancing of the remaining balance.

Guaranteed Funds
Eight funding advances are offered and will be disbursed every six weeks over a fourteen-month term.

Line of Credit
An offering of an amount available to you to use as you need and becomes available again as you pay it down.