Like all small businesses, Llama Loan was founded on passion, persistence and imagination. We love entrepreneurs and want to see them prosper in an economy that favors big corporations.
Llama Loan focuses on long term partnerships with our clients. With our financial resources and technology, we strive to empower business owners to make the best financial decisions and grow their businesses.
Merchant Cash Advance (MCA) is an alternative small business loan that provides small businesses with a lump sum of cash in exchange for a percentage of future sales. It's ideal for small businesses who don't have access to traditional forms of financing or need same day funding. Unlike other small business loans, there are no fixed monthly payments. Instead, the small business owner pays a small percentage of their daily sales.
A business line of credit is a type of small business loan that gives entrepreneurs access to funds on an as-needed basis. With a line of credit, businesses borrow only the amount they need and repay it over time with interest, much like a traditional small business loan. The key benefit of a business line of credit is that it provides flexibility, as businesses can draw small amounts over and over again without having to apply for a new loan each time.
A Small Business Administration (SBA) loan is a type of loan issued by the US government that offers businesses access to capital and other resources necessary for growth. SBA loans are typically more affordable than other types of business financing, with lower interest rates and longer repayment terms. In addition, they usually require less collateral and have more flexible eligibility compared to other small business loans.
A business term loan is a small business loan that provides a lump sum of cash upfront and typically involves fixed monthly payments over a set period of time. It’s an ideal option for small businesses that need funds to purchase equipment, cover operating costs, or finance owner investments. Businesses can get up to $500,000 in financing with terms of up to five years and competitive interest rates.
Equipment financing is a small business loan that helps fund the purchase of equipment, such as machinery, vehicles, or other large items. It can be used to fund both new and used equipment, giving small businesses an opportunity to expand or upgrade their operations quickly without having to dip into existing resources. The cost of the equipment serves as collateral, so businesses can enjoy lower rates than they would with other forms of small business loans.