Bridging the SMB Gap

Revenue-Based Financing

Sometimes, expenses can arise before your revenue does, leaving you in a financial bind. These sudden costs can disrupt your budget and leave you struggling to keep up. That's where Purple Peach comes in – we're designed to bridge the gap between you and your competition, providing you with the cash you need to grow no matter the times.

Getting a loan

is easy!

Apply Online

Kick off the process with a simple online application, available 24/7 for your convenience.

We get straight to work

With our streamlined process, we can quickly determine your eligibility and loan terms.

Meet your lender

Discuss the final details, review the terms, and receive your funds in a timely manner.

How do I qualify for Small Business Funding service?

To qualify for our small business funding service, we consider a few key factors to ensure a streamlined and transparent process. Our goal is to provide access to financial assistance for businesses facing growth opportunities or temporary cash flow challenges. Here are the typical qualifications you'll need to meet:

Registered Business Entity or Sole Proprietorship

Minimum Monthly Revenue (typically $10,000 or more)

Business Bank Account for Direct Funding

Proof of Business and Valid Government-Issued ID

Get a Quick Decision

We understand that business opportunities and challenges can’t wait. That's why our streamlined application process and efficient review system are designed to provide you with a decision promptly. Once you've submitted your application, our team works diligently to verify your information and assess your business's eligibility. Within a matter of hours, you'll receive a response, eliminating the stress and uncertainty of a prolonged waiting period.

With our commitment to swift decision-making, you can rest assured that your business needs will be addressed promptly, allowing you to focus on expanding and improving your business without further complications.

1500+

Satisfied SMB's

15+

Years of Experiance

200+

Cities Covered

24MM+

Funded

SERVICES LIST

Revenue Based Financing

This financing option provides businesses with capital based on their monthly revenue. It's an excellent solution for businesses looking for flexibility as repayment is tied to your sales, making it manageable during fluctuating income periods.

Business Line Of Credit

A line of credit offers the flexibility to withdraw funds up to a certain limit at any time needed. It's perfect for managing cash flow, purchasing inventory, or addressing unforeseen expenses, allowing you to pay interest only on the amount utilized.

Business Term Loans

Term loans provide a specific amount of credit to be repaid over a set term at either a fixed or variable interest rate. Ideal for businesses planning significant investment in growth or expansion.

Equiptment Financing

This type of financing helps businesses purchase or lease new equipment, vital for expanding operational capacity without the upfront expense. Repayment terms often align with the expected life of the equipment.

SBA Loans

These loans are backed by the Small Business Administration and offer long repayment terms and low interest rates, ideal for businesses looking to make long-term investments.

Merchant Cash Advances

A merchant cash advance provides funds based on future credit card receipts. It's a quick way to obtain capital, with repayment typically structured as a percentage of your daily credit card sales.

Testimonials

When my car broke down unexpectedly, I was hit with a massive repair bill that I simply couldn't afford. Thanks to Purple Peach's service, I was able to get the cash I needed within hours to fix my car and get back on the road. Their hassle-free process and friendly staff made a stressful situation so much easier to manage. I'm grateful for their help during my time of need.

Zac Lamb

As a single mom, juggling bills and unexpected expenses can be overwhelming. Last month, when I was hit with a higher than normal utility bill, I didn't know how I would make ends meet. Fortunately, the Purple Peach Team provided me with a short-term solution that allowed me to keep the lights on until my next paycheck. Their service was confidential, and the process was clearly explained. I can't thank them enough for their assistance during a very difficult time.

Max Rami

Costs

Loan amount:

$5,000 - $500,000

Repayment period:

6 months to 5 years

Small business loans provide the financial flexibility to invest in your growth without the high costs associated with unsecured consumer credit options. Our loan terms range from 6 months to 5 years, allowing your business the time it needs to expand and generate revenue from new investments.

Interest rates for small business loans are competitive with market standards and are significantly lower than high-cost short-term loans. These rates are designed to accommodate the varied financial states of small businesses and reflect their potential for growth and sustainability.

Rates range from 6% to 30%, depending on creditworthiness, business health, and term length. This allows businesses to plan their finances effectively, knowing the costs upfront and without the burden of excessive fees.

It's essential to understand the full terms of your financing agreement, ensuring that the loan supports your business objectives without constraining your cash flow. Early repayment options are available without penalty, offering further flexibility to manage your debt efficiently as your business grows.

FAQS

Can I pay off my balance early with no penalty?

Yes, we does not charge any penalty for paying off your business financing early. In fact, many customers who pay off early qualify for Early Payment Discount. If you would like to find out your early payoff amount, you can request it from us at any time and we are happy to let you know what your payoff balance is.

What do I need to qualify?

To Qualify, your business should have the following:
• Minimum of 6 months in business
• Minimum of $50,000 in monthly revenue

How do you protect my personal information?

Purple Peach goes through great lengths to make sure your information is safe and secure. Here is how:

• 128-bit secure sockets layer (SSL) Technology

• To access your account, you must use a browser that supports 128-bit encryption. This is one of the best commercial methods available.

Do I need to put up any collateral?

No.

I have more questions, can you help?

Yes, you can contact us and one of our dedicated experts will assist you with any questions you have.

Are there restrictions on what I can use the funds for?

The funds can be used for any business purpose. It is up to you to decide how you want to use it. These are some of the most common ways that customers have used their loans:
• Increased Cash Flow
• Marketing
• Everyday Business Expenses
• Payroll
• Purchase Inventory
• Hire Additional Employees
• Equipment Upgrades
• Renovations/Refurbishments
• New Locations