Minority-Owned Businesses
Fast Funding For Minority-Owned Businesses
Lack of working capital and limited cash flow are the most common challenges reported by minority-owned businesses. Sometimes your business needs an infusion of working capital to meet the challenges of your industry, outshine your competition, and seize opportunities to grow or expand, but many minority-owned businesses have trouble getting the minority owned business funding they need from traditional lenders. If minority owned business funding from a traditional lender is approved, it is often for lower amounts with higher interest and shorter terms.
As an alternative lender, Thor Capital Groups’ application requirements differ from those of a traditional lender. With our streamlined application and approval process, we can approve more minority owned business funding, often in as little as one business day. We offer a number of minority Owned Business Funding options, with funding from as low as $5.000 up to 1 Million.
Minority-Owned Businesses Funding Solutions
We provide a number of different types of minority owned business funding, with funding ranging from $5.000 to 1 Million. Our expert Funding Specialists will work closely with you to understand the needs of your business so you can select the minority owned business funding option that will help you reach your goals without compromising your cash flow.
MERCHANT CASH ADVANCE
You’ll receive working capital now, and we’ll receive a percentage of your daily or weekly credit card sales until the terms of the merchant cash advance have been met. Ideal for businesses with a high volume of credit card sales.
SMALL BUSINESS LOAN
Our small biz loans are typically between $20,000 and $60,000. Small loans for small businesses as low as $3,000 are also available, as are small biz loans up to $500,000. Ideal for businesses seeking short-term financing to grow.
COLLATERAL LOAN
Is a secured loan that uses commercial real estate to reduce the cost of the loan and get longer terms. Also ideal for businesses looking for longer-term funding options.
BUSINESS LINE OF CREDIT
Borrow as much or as little as you need, draw and repay as you go, and pay interest only on the portion of money you borrow. Ideal for businesses looking for flexible funding.
Will Your Business Qualify?
Approval for minority owned business funding from Thor Capital Group isn’t based on your credit score alone. Instead, we focus on the overall health of your business. Here are some factors we consider:
- Long accounts receivable periods
- Contingency cases that restrict cash flow
- Keeping up with rapid technology changes
- Size of practice—in a private practice, operating costs are the responsibility of the sole owner; in a group practice, operating costs are shared between all owners
How To Use Minority Owned Business Funding
We believe small business owners are in the best position to determine how to grow their businesses, so we don’t restrict how you use your funds. You can use your working capital loan to overcome the obstacles your business faces, such as keeping up with industry trends or standing out from your competition, or use your funding to take advantage of opportunities to improve or expand, such as:
- Upgrading technology or renovating your space
- Getting better volume pricing on inventory
- Expanding to a new location
- Investing in marketing and advertising to boost your clientele
How Minority Owned Business Funding Works
SUBMIT YOUR APPLICATION
CHOOSE YOUR FUNDING
GET FUNDED
REPAY YOUR LOAN
Why Get Funded By Thor Capital Group?
Opportunities to expand or take on new projects come and go quickly, but applying for funding from a traditional lender can take months with no guarantee of approval. With Thor Capital Group, we have a faster, streamlined application process, so we can approve your company loan in as little as 24 hours.
Our application requirements are lower than traditional lenders, but we always have your best interest at heart. We are proud to provide responsible funding and we will never over-leverage your business by giving you more capital than you can manage, and our Funding Specialists will be beside you every step of the way.
Are You Ready To Have Thor Capital Group Get You The Funding Your Business Needs?
Contact Us
Drop us a line!
TESTIMONIALS
What Our Customers Are Saying
My experience with Thor Capital Group was pleasant beautiful!!, Daniel Wilson handled our loan extremely professional. Daniel was able to successfully completed our loan without any problems. We have no words to describe his advise and consultation work his done with my business Bezvalley Pest Control. Everything was so much streamlined and smooth it was just mind boggling to sit back and see how Daniel handled all our paperwork accurately from start to finish without any mistakes. We highly recommend Daniel Wilson and his company for any financial needs you might have , we give them 8-stars. THANK YOU DANIEL!!!!!
Such an outstanding company, got me over $300k on total, great payback options, so appreciative.
Very professional, excellent customer service. Ray is the best person I have ever dealt with. Very honest, does what he says he will do. I recommend this company for all your financial needs. Ray is the best but I'm sure you will get the same excellent care from others there in the company. If it can be done they will do it, if it can't be they will be honest and tell you it can't be done. Best company I have ever dealt with in the many many years I have been in business. Took care of us like we were family. Thank you Ray so much for what you have done for us!
Clemy helped me get capital to expand my shipping business when my bank, Bank of America, couldn't. Great guy, great company! Highly recommended.
Fantastic service and professionalism had a bad experience with other companies and they really got to work and have me the best interest rates. Thank you! Would highly recommend
