Efficiency
Unlike traditional banks, Legend provides funding options with minimal documentation and under 48 hours!
Our submission email receives your application.
The underwriting team reviews your file for an approval or decline.
Receive our offer and funds same-day for use in your business.
Unlike traditional banks, Legend provides funding options with minimal documentation and under 48 hours!
We provide both traditional and alternative financing options!
Our qualification process is easy, our rates and terms depend on business performance!
Our leadership brings over 15 years of experience in the financial industry to benefit our clients.
Term Loans are the most common way small businesses obtain funds to make significant capital investments. You have probably heard them referred to simply as "small business loans." Legend Capital is the ideal choice for a Business Term Loan, because we have access to a wide array of lenders with fixed and variable-rate options and terms to meet your specific funding needs and cash flow.
Almost all small businesses run into situations where they need to access cash. Maybe it's a slow month where cash flow isn't where it needs to be. Maybe unforeseen expenses crop up, or unexpected demand that requires you to reorder stock. Or maybe a new opportunity appears that you just can't afford to pass up.
you'll have an established credit line up to any amount. You'll be able to draw funds from your credit line at any time you desire. You'll have to make minimum payments on any balance you carry, but you pay interest only on the money you've borrowed – unlike a traditional small business loan, where you have to make payments including interest every month, even if you haven't used your borrowed funds yet.
With Invoice/Receivables Financing from King Capital, we connect you with a third-party company known as an accounts receivable "factor." You sell your unpaid invoices to the factor at a discounted rate (generally, 85% to 90% of the invoice).
The factor takes on the task of securing payment from your customer, then pays you the amount owed minus a factoring fee. This process greatly reduces your payment cycle – usually you get paid in just a few days rather than weeks or months.
Equipment financing is very similar to a typical small business term loan. You can borrow up to 100% of the amount you need to buy the targeted equipment. Your low monthly fixed payment includes the loan principal and interest (which can be as low as 5%). When you pay off the loan principal, you own the equipment.
Another great benefit is that the lenders Legend Capital works with allow you to use your new equipment assets as collateral. This means you can access a higher loan amount, lower interest rate, and longer term for the loan. And, because the lender isn't at risk in case of default, you don't need a top-notch credit rating, super-strong cash flow, or many years in business to get approved
"Using a small business lending company is a new experience for us, so we were pleasantly surprised by the friendly staff!"
“I'm pleased to recommend Legend,, they've done a great job for us! As a restaurant owner, they provided much needed cash-flow, and then they helped us with PPP money as well.”
“We have had a great experience working with Legend Capital. They are very responsive to our need to get operating cash fast.”
“Using a small business lending company is a new experience for us, so we were pleasantly surprised by the friendly staff!”
Provide us some basic information to see which loans and how much funding you qualify for.
Legend Capital is dedicated to helping your small business succeed by providing quick, competitive and flexible small business funding in as little as 24 hours.
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