Services
Unsecured Business Loans
Loan Amount: $5,000-$10,000,000
Term: 1-5 Years
Time to Funds: As Little as 24 Hours
Rates: As Low as 6%
Key Benefits
Same Day Funding: Get funds in your business checking account by 5pm the same day if you finalize your loan during the eligible timeframe*100% Prepayment Benefit: if you qualify for this option, you can pay your loan off early and all remaining interest is waived with no penalty or fee*Loyalty benefits: for returning customers who renew with Empress, we waive all remaining interest on your current loan – 80% of customers come back to us for future financing needs!Business credit building: we report payments to bureaus so that your on-time payments help build business credit
4 Ways to Use a Short Term Loan
- Project start-up costs: new projects often have upfront costs that exceed your regular cash flow.
- Bridging a seasonal cash flow gap: Some seasonal businesses have lulls between busy seasons and use term loans to meet short-lived cash flow demands.
- Purchasing quick-turnaround inventory at a discount: If an opportunity presents itself to buy discounted inventory, you don’t have to miss out on additional profits.
- Emergency repairs of critical equipment: When equipment breaks down you don’t have the luxury to stop and save up money to make the repair.
Merchant Cash Advances
Advance Amount: $5,000-$2,000,000
Term: Up to 2 Years
Time to Funds: As Soon as 24 Hours
Factor Rate: As Low as 1.15
The Merchant Cash Advance is an unsecured, quick funding product, which allows business owners to receive funding against their future sales without hassle or strict credit requirements. Quick working capital delivered within 24-48 hours.
Lines of Credit
$5,000 – $500,000
1-2 Year Maturity
Time to Funds
As soon as 1-2 Weeks
Interest Rate
As low as 7-24%
Key Benefits
Instant Funding: Funds are sent to your account in seconds every time you make a draw, 24/7 even on nights and weekends*
Revolving Line of Credit: Funds replenish as you pay them back– once you’ve repaid what you borrowed you have access to your full credit limit again
Pay Interest Only On What You Borrow: withdraw money only when you need it, and pay interest only for the amount of time you have the funds out
One Consolidated Payment For All Withdrawals: All draws are combined into one loan with one easy weekly payment so you don’t have to worry about multiple payment schedules
No Prepayment Penalties: Pay your line of credit off anytime you’d like with no penalty or fee
Business Credit Building: We report payments to bureaus so that your on-time payments help build business credit
other Services
Equipment Financing
Equipment Financing
Equipment Financing
Equipment financing involves the use of a loan to secure equipment for your business.
What are the Benefits?
- It requires little or no capital.
- You can use financed equipment before it’s fully paid off.
- Once paid off, you’ll have complete ownership of the financed equipment.
- You don’t have to place property or other assets up for collateral, as the financed equipment itself is generally used as collateral.
Invoice Factoring
Equipment Financing
Equipment Financing
- Invoice Factoring Overview
If you rely on business-to-business (B2B) or business-to-government (B2G) invoices being paid timely, invoice factoring can be a great solution. Factoring allows your client to receive an early payment advance on your open invoices, unlocking cash flow trapped in invoices that your customers haven’t paid yet.
- How it works. You get 85-90% of the invoice (based on the creditworthiness of your debtors). Once the invoice is paid, receive the remaining 10-15% of the invoices to you, less the fees collected.
Product Benefits:
- Credit lines from $20,000 to $5,000,000
- Weekly rates as low as 0.30% with no additional or hidden fees
- Choose which invoices to factor, when you want the funding
- No long-term contracts, no funding minimums, and no reserves required
Real Estate
Equipment Financing
Real Estate
Fast. Simple. Dependable.
Financing for Our Nation's Rental Home Investors
Rental Loans
Long-term financing for single family residential properties or portfolios
Vacation Rentals
Long-term financing for vacation rental properties
Commercial Loans NEW
Long-term financing for Mixed-Use and Multi-Family properties