Acra Lending is a fintech company that provides affordable and accessible lending solutions to small businesses. Founded in 2017, the company has quickly established itself as a leading player in the alternative lending space, offering a range of loan products designed to meet the unique needs of small businesses.
The Problem of Small Business Lending
Small businesses are the backbone of the economy, providing jobs and driving growth. However, accessing funding can be a major challenge for many small businesses. Traditional lenders such as banks often have strict lending requirements and may not be willing to take on the risk of lending to small businesses. This has created a funding gap, leaving many small businesses struggling to access the financing they need to grow and thrive.
Acra Lending’s Solution
Acra Lending has developed a range of lending solutions designed specifically for small businesses. These loan products are designed to be fast, affordable, and accessible, helping small businesses to access the financing they need to grow and succeed.
One of Acra Lending’s flagship products is the Small Business Loan. This loan is designed for businesses that need a quick injection of cash to help them through a temporary cash flow shortage. The loan amounts range from $5,000 to $500,000, and the application process is fast and easy. Businesses can get approved for the loan in as little as 24 hours, and funds are typically disbursed within three days.
Acra Lending also offers a range of other loan products designed to meet the specific needs of small businesses. These include:
Working Capital Loans: These loans are designed to provide businesses with the capital they need to cover their day-to-day expenses, such as payroll and inventory.
Equipment Financing: This loan is designed to help businesses purchase the equipment they need to run their operations. The loan can be used to purchase a wide range of equipment, including vehicles, machinery, and technology.
Merchant Cash Advance: This loan is designed for businesses that generate revenue through credit card sales. The loan is repaid through a percentage of future credit card sales, making it an affordable and flexible financing option for businesses with variable revenue streams.
The Benefits of Acra Lending
Acra Lending offers several key benefits to small businesses. First and foremost, the company provides fast and easy access to financing. The application process is streamlined, and funds are disbursed quickly, allowing businesses to get the capital they need when they need it.
Secondly, Acra Lending’s loan products are affordable and flexible. The company offers competitive interest rates and repayment terms, making it easier for businesses to manage their cash flow and stay on top of their loan payments.
Finally, Acra Lending is committed to supporting small businesses. The company’s lending solutions are designed to meet the unique needs of small businesses, and its team of experienced lending professionals are available to provide guidance and support throughout the lending process.
Access to financing is a major challenge for many small businesses, but Acra Lending is working to change that. The company’s range of lending solutions is designed to provide fast, affordable, and accessible financing to small businesses, helping them to grow and thrive. With a commitment to supporting small businesses and a team of experienced lending professionals, Acra Lending is poised to continue to be a leading player in the alternative lending space.