Xizzle TV, Kirk Gimenez. Coming to you from the new BOWA Studios in Miami. Today we’re talking about business lines of credit. They are safer and more accessible than you might think.
Our host Kirk Gimenez welcomed in two special guests:Elias Mualin, CEO of Brickell Capital Finance and Dr. Nazeer Khan, Vice President of Healthcare Finance at Brickell Capital Finance.
1. Eli, what is Brickell Capital Finance and why do business owners need you?
A: Brickell Capital Finance is a National Finance Company that provides business owners access to capital needed to finance expansion, operations, new equipment, add new technology, or hire new staff, through our financing products such as our:
2. How does unsecured business financing work?
A: Most lenders require business owners to pledge collateral against their business loan or line of credit. If your business doesn’t have many assets, you may even be asked to offer personal assets as collateral. The thought of losing your house if you suddenly can’t make business loan payments can be gut-wrenching. Unsecured loans are no collateral loans that make getting the financing your business needs much less risky.
3. What are the benefits of unsecured financing.
A: Our unsecured business line of credit allows you to focus on the important aspects of your business without having to worry about the possibility of losing assets. Since unsecured business line of credit do not require collateral to secure funding, there is less risk of losing business or personal assets. Our no collateral business line of credit can provide financial security and flexibility to meet your business needs. Instead of focusing on collateral, we look at your business potential and plans to determine if your business qualifies for an unsecured business line of credit. These business lines of credit are great for medium-to-small businesses and for minority-owned businesses.