Small Business Funding

---

Cobbleridge Business Brokers is a leading business brokerage firm on Long Island. We recognize that many businesses occasionally need financial support, and entrepreneurs looking to purchase a business often require quick funding. Our team works closely with small and medium-sized companies to secure the financing they need. We take pride in being a dependable partner to our clients, offering loan solutions that are straightforward, transparent, and affordable. 

We connect small and medium-sized businesses with the capital they need, using a diverse range of specialized resources. By blending data science with personal guidance, we tailor financing solutions to your unique goals—so you can stay focused on delivering exceptional products and services. 

Pre-qualify for a small business loan online in just ten minutes. Once approved, you could receive funding within 24 hours. Our team will review your details and respond with the best options for your unique business needs. 

Cobbleridge Business Brokers partners with more than 50 leading lenders nationwide to connect you with a variety of financing solutions, including: 

• Equipment Financing
• Working Capital
• Term Loans 
• SBA Loans
• Real Estate Financing
• Invoice Factoring 
• Credit Card Processing 
• Restaurant Financing 
• New Business Funding 
• Small Business Funding 

The criteria for small business loans and financing depend on the specific product chosen and an owner’s credit history and creditworthiness. Typically, you’ll need:

• At least six months in business
• A credit score above 500
• Average monthly revenue of $10,000 or more (over $120,000 annually)*

Exact requirements will vary.

Some financing options—such as merchant cash advances and invoice factoring—are primarily based on a company’s sales rather than its credit score, making them less dependent on credit. In addition, equipment financing often places less weight on credit history because the equipment itself can serve as collateral if you default on the loan. Many of our funding solutions can also help you strengthen your business credit over time. 

It’s often difficult for startups to qualify for traditional bank loans. However, at Cobbleridge Business Brokers, we specialize in helping emerging businesses obtain up to $150,000 in 0% revolving credit lines—even if they’re brand-new or haven’t made any sales yet. We also provide business credit cards to give you extra flexibility in managing your finances. 

Certain financing options give you wide-ranging freedom in how you spend the funds, covering everything from day-to-day operations to business growth. Examples of these flexible options include working capital loans, business expansion loans, merchant cash advances, business lines of credit, and SBA loans. However, not all loans work this way. Equipment financing, for instance, can only be used to acquire or lease the machinery you need, while real estate loans must specifically be applied toward purchasing or improving physical property. 

Rather than immediately asking, “How do I apply for small business financing?” start by determining whether the funds will truly support your company’s growth or help it weather difficult times. If there’s no clear purpose behind borrowing, interest and fees may quickly become burdensome. However, if the financing will let you purchase new equipment, expand your team, or get through an emergency—such as the COVID-19 pandemic—be sure to look at these details when evaluating any funding option:

1. The exact amount of capital your business requires
2. The interest rate and Annual Percentage Rate (APR) you’ll pay
3. Potential fees or penalties for repaying early
4. How repayments are structured (fixed installments, a percentage of sales, etc.)

The majority of the financing options we offer have no pre-payment penalty