Funding for Small Businesses
What is Alternative Funding for Small Businesses
NFX wants to make sure you understand exactly the type of funding we provide. We advance capital against your future receivables. This is not a loan, rather a business advance. We are a private company that base our lending decisions on your business performance rather than your credit score. There is significantly less paper work involved and because we leverage technology we can underwrite and fund your business in as little as 25 hrs. We require No Collateral. We believe transparency through this process is key. It will allow us to build a strong relationship with you and help get you to a point where you can access more traditional capital. A bank will always provide you with the best financing, but if you cannot secure capital from a traditional source, NFX is a viable alternative.
The cost of capital and terms will vary depending on what our proprietary underwriting score dictates. Cost of capital will be between 8.9% and 45% with terms ranging from 4 months to 2 years. Our approval percentage is over 92.3%. A traditional bank loan will always provide the best terms so please check with your local banker first. Should you be declined by them, Nelson Financial X would welcome the opportunity to work with you.
Contact NFX Today
Are You a landscaper that wants to add a mower to cut more lawns?!
Snow Remover that wants another plow?!
Pizza shop wanting a bigger oven?!
or maybe a General Contractor that needs the extra money to buy supplies for a big job!
How can Extra Money help Your Business Today?!
No Application Fee
Transparent
Approved in Less than 25 Hours
Bad Credit Ok
Apply Now-
Grow Your Business Today
About Us
Fast Funding
NFX was founded with small businesses in mind. Our proprietary underwriting process combined with our expertly trained account representative ensures we have the ability and capacity to help your business access the working capital you need, whenever you need it.
The application takes less than 5 minutes to complete. Once qualified, you will have an approval within 25 hours and receive funding in 1-3 days. Our network of partners provides access to funding from $1,000 up to $50,000.
Alternative Funding Options
Nelson Financial X is your solution for easy & fast alternative lending.
Loan Types
Merchant Cash Advance(MCA)
This simple and convenient type of funding is based on future sales and does NOT use your credit score in order to get approval. The amount is debited from your daily sales receipts.
Unsecured Revenue Business Funding (ACH)
If you don’t currently accept credit cards, this type of loan considers your business’ gross income (shown through bank deposits statements), length of your business’ operating history and a personal credit assessment. Our alternative funding lenders will help fund business owners with low credit scores.
Most Importantly, MCA & ACH funding is NOT A LOAN. Instead, it is simply an advance on future projected earnings of your growing business.
Why Us?
We know getting extra working capital for your business can be challenging. But don't worry, NFX is here to make small business lending easy. We offer a variety of unique financing solutions growing businesses like yours need today, including custom payment options you can take advantage of now or in the future.
We've worked with businesses like yours throughout the country, so we understand that the traditional loan options don't always work.
Whether you're in need of short term financing to get through slow-times, or you need cash to expand your business, NFX is proud to offer tailored financing programs that make the most sense for your business