Welcome to Hoboken Street Funding
These days many businesses are turning to alternative lending options and steering away from banks and their rigorous loan requirements. We provide different types of financing to meet each company’s capital need. We are your alternative business financing partner
About Us
Through Hoboken Street Funding and our Partners our professionals will walk you through the process of getting the loan you require. Unlike a bank, or local lending institution, which only lend to the most credit-worthy businesses, we customize every deal to the unique working capital needs to bring sustainable solutions.
Types of Funding
Merchant Cash Advances
Revenue Loans
Lines of Credit
Term Loans
inquire about other available financing options
We also have a Merchant Partner to assist in lowering your credit card fees.
Merchant cash Advance
By purchasing a portion of your businesses future credit card sales at a discount, an MCA provides cash now for your future sales. The repayment is simple as a small portion of your future credit card sales as repayment.
Revenue Loans
Similar to a Merchant Cash Advance, this product is not a loan but the purchase of future receivables. The funding is based on the deposits in the business operating accounts and the repayment made by an ACH debit.
Lines of Credit
If you have been in business for at least one year, you can get approved for up to $250,000. The best part is that you will only pay interest on the amount you draw, not on the entire loan amount. We have no pre-payment penalties.
Term Loan
Term business loans are the most straightforward lending option for business owners. You borrow a lump sum from the lender, which is paid back over a specific period of time, with either a fixed or variable interest rate. Term loans can either be secured or unsecured and generally, some form of collateral is expected when you need a larger loan or a longer repayment term.
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BAMS
BAMS is a national leader in credit card processing. We’re proud of our competitive pricing and we work relentlessly to reduce your credit card processing cost while providing business owners with the latest industry technology. Receive a free analysis of your current credit card statement. There’s no obligation and most business owners who receive our free analysis of their current costs are blown away by the savings we can offer them. No Downtime, No Changes to your business or bank accounts