Lux Business Funding
Get Easy and Convenient Business Funding
Apply from the Comfort of Your Home
A+ Rating
With the Better Business Bureau
$13 Billion
Delivered to Businesses Globally
4.9/5
Customer Rating on Trustpilot
Types of Funding We Offer
Business Loan
They are loans with a set repayment time, set number of payments, and have a fixed or variable interest rate. There are a great number of small business loans available for small businesses depending on many factors. The terms of the loans vary greatly from 9 months with daily payments to 5 years with monthly payments, and everything in between.
Term Loan
A term loan is a lump sum of capital borrowed from a lender and paid off at fixed intervals (weekly, bi-weekly, monthly) over a set period of time (or “term”). Interest rates can be fixed or variable. If you’ve ever taken out a student loan, mortgage, or an auto loan, you already have some experience with term loans
Merchant Cash Advance
A merchant cash advance can be an excellent choice for your business. The way this program works, is we purchase your future receivables at a discount. What that means, is you are able to receive funding up front very quickly, and we take a very small percentage of your credit card sales without effecting your day to day operation!
Business Line of Credit
Provides flexibility that a regular business loan doesn’t. With a business line of credit, you can borrow up to a certain limit and pay interest only on the portion of money that you borrow. You then draw and repay funds as you wish, as long as you don’t exceed your credit limit. A line of credit works similarly to a credit card.
Invoice Factoring
Invoice Factoring is a financial transaction and a type of debtor finance. In an invoice factoring, a business sells its accounts receivable (invoice) to a third party (called a factor) at a discount. A company will sometimes factor its receivable assets to meet its present and immediate cash needs.
SBA Loan
Small Business Administration 7(a) loans are guaranteed by the federal agency, which allows lenders to offer them with flexible terms and low interest rates. Getting one can help you grow your business while obtaining long term financing.
Our Process
Step 1.
Apply
Start with our simple online form.
Step 2.
Connect
Your loan specialize will discuss the right small busines loan with you.
Step 3.
Fund
You will get a decision in as few as 24 hours.
