Exploring Alternative Financing Options When Traditional Banks Say No

In the journey towards achieving your business’s financial goals, encountering roadblocks is common. One such hurdle is when your commercial bank declines your loan application. At Innovative Capital, we know that alternative financing options are available to help you overcome this setback and move forward towards your goals.

Understanding the Commercial Bank Loan Decline 

When a bank turns down a loan application, there can be various reasons for making this decision. Common causes include a low credit score, insufficient collateral, insufficient debt service, real estate asset class, or a business plan that doesn’t meet their criteria. This can be discouraging, but it’s not the end of the road.  Innovative Capital exists to provide solutions to the headaches, frustration, and stress associated with commercial lending.  We understand this pain based on our decades of commercial lending experience.   

How Does Innovative Capital Reduce Your Risk   

• • Our team has decades of combined commercial lending experience.  We are a direct lender providing the option to fund in as little as 7 days.  In addition, we have over 1,000 lenders in our database. When you work with our team, you gain excellent experience, and a diverse lending network to help you find the right loan. 
  • We minimize your risk of rejection by crafting a polished loan summary that effectively showcases your financing needs to key decision-makers at lenders who are specifically interested in your loan request. Our strong connections with decision-makers at various banks give our clients a strategic edge, increasing approval chances and offering multiple viable options. 

We Provide Alternative Lending Options 

One of the most effective alternatives to traditional bank loans is a hard money loan. These are asset-based loans secured by the value of a property or other assets.  If you have been turned down and are running out of time, a quick funding hard money loan can be the best solution.  We help our clients explore all available options with the intention of providing a quick and flexible solution for your financing needs. 

Facing a loan rejection from a traditional bank can be disheartening, but it’s important to remember that there are numerous alternative financing options available. At Innovative Capital, we specialize in helping individuals navigate the challenges of commercial lending so you can secure the best suited financing for your business.  Don’t let a rejection hold you back – let’s explore the options together and find the best fit for your needs. Contact us today and put a professional in your corner.