FINANCING OPTIONS 

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BUSINESS EXPANSION PROGRAM

Designed for business owners with a certain level of success and financial security. Our newest funding product provides large-scale investment for growth at our most competitive rates ever. The Business Expansion Loan represents Ikonics Industrial’s commitment to long-term partnerships and offers advantages in speed, simplicity and flexibility that traditional small business loans can’t match.

• Access up to $200,000 in funding

• 18 and 24 month terms for long-term investment

• Rates ranging from 9.99% - 36.00%

• Automatic Weekly Payments, deducted from your bank account

 

WORKING CAPITAL LOAN

Built for healthy business owners with steady revenue, Ikonics Working Capital Loan is our simplest funding product yet. Money is automatically deducted from your business bank account on a daily basis. There are no checks to write, no payments to figure out and absolutely no surprises.

• Access up to $250,000 in funding

• 6 to 17 month duration for short-term working capital needs

• Factor rates as low as 1.15

• Automatic daily payments

 

MERCHANT CASH ADVANCE

Unlike a loan, we provide you with business capital by purchasing a portion of your future receivables. Daily remittances are an agreed-upon percentage of your sales and are automatically deducted from your credit processor or bank account. Perfect for businesses with Fluctuating revenue, the Merchant Cash Advance ensures that your remittance are always based on what you can afford, so you can grow, not just owe.

• 3 to 14 month duration for short-term working capital needs

• Factor rates as low as 1.15

• Automatic daily payments, remitted as a percentage of your credit card receipts

 

EQUIPMENT LOAN FINANCING

Small-business equipment leasing and financing has always been an effective means of growing infrastructure. According to the U.S. Dept of Commerce, 80% of U.S. companies lease some or all of their equipment. If you are ready to finance your equipment purchase, new or used, our financing professionals are here to make your equipment leasing and financing experience quick and easy.