Working Capital for Growing Businesses in Salt Lake City, UT
When businesses in Salt Lake City start to experience growing pains, they need solutions that can help them reach their critical milestones. For some businesses, growth may mean upgrading equipment and hiring more employees. For others, growth may mean opening up a new facility, lining up a business acquisition, marketing in new areas, or something unique. Kenbry Capital is committed to providing working capital to growing businesses throughout the Salt Lake City area. Our working capital solutions provide discretionary funding that local businesses can use for anything they need to expand their operations, including but not limited to:
- Acquiring or upgrading equipment
- Covering overhead
- Hiring employees
- Improving purchasing power
- Launching marketing campaigns
- Making payroll
- Paying down utilities, loans, and other obligations
- Quality investments
- Purchasing assets, inventory, supplies, and raw materials
- Rolling out new products and services
- Taking advantage of growth opportunities
Unsecured Lines of Credit for Growing Businesses in Salt Lake City, UT
Lines of credit are some of the most reliable sources of capital for growing businesses. At Kenbry Capital, we go one step further by eliminating any collateral requirements, so both new and existing businesses in Salt Lake City can access the funding they need for growth. From innovative startups to family businesses on Main Street, restaurants, construction companies, manufacturing facilities, and everything in between, unsecured lines of credit from Kenbry Capital provide the financing that companies in Salt Lake City need to achieve growth. Our unsecured business lines of credit include:
- Unsecured lines of credit from $25,000 to $50,000 for startups and new businesses
- Unsecured lines of credit up to $500,000 and above for established businesses
- Low interest rates
- No subprime loans
- Revolving and non-revolving options
- Attractive introductory offers
- Up to 5% over prime for large lines of credit
- No collateral required as long as other qualifications are met
- Fast prequalifications
Merchant Cash Advance Programs for Businesses in Salt Lake City, UT
There are times when businesses in Salt Lake City are poised for growth, but want to avoid taking on debt to reach their goals. Kenbry Capital offers merchant cash advance solutions that provide an infusion of discretionary capital without placing debt on the balance sheet. Our merchant cash advance program includes:
- Working capital advances up to $200,000 for each business location
- No collateral required
- Flexible payment methods
- No fixed payments, application fees, or closing costs
- Minimal paperwork to qualify
- No prepayment penalties
- Financing available in as fast as 7 days
Purchase Order Financing for Businesses in Salt Lake City, UT
Purchase order financing is a great fit for businesses that want to achieve rapid growth without debt. Purchase order financing from Kenbry Capital is an advance that can be used to cover large or unexpected orders. Purchase order financing can be used to purchase inventory or for the production of finished goods for sale, so businesses can take on larger client accounts without disrupting day-to-day operations. Once the customer pays the balance owed, the financing is deducted from the total and the remainder is delivered as revenue. This gives local businesses in Salt Lake City a way to level the playing field and achieve growth quickly. Our purchase order financing features:
- Fast and flexible funding
- No loss of equity or credit
- No debt placed on the balance sheet
- Maintain regular operations while courting larger client accounts
- Achieve rapid growth
Contact Us
If you have a business in Salt Lake City and need financing to help you reach your goals, contact the team at Kenbry Capital today.