As The Community Business Lender to thousands of small business owners nationwide, our goal at One Degree Capital is to help our customers grow and thrive in their business.
This may sound strange coming from a business lender, but some loans can ruin your business if you’re not careful. So while we offer both secured (asset-based loans) and unsecured loans (often referred to as working capital loans), the first step in our application process is to help you determine what type of loan will best serve your business needs. That’s why over one-third of our customers come back to us for additional loans when they need it – we genuinely want to see our customers succeed.
The most popular type of financing right now are short-term, unsecured working capital loans, but they are not right for every business. How do you know if one is right for your particular business? Read our blog post to learn more about how working capital loans work.