18 Sep Asia’s Leading Money Lender

Asia’s leading Money Lender

Grand City Investment Limited is Asia’s Leading Money Lender that was incorporated in Hong Kong on MAY 29, 1984 with Company Registration No. 0137353. 

Business Loan Meaning

A business loan is a type of financing used by businesses. Typically, a bank or other financial institutions like Grand City Investment Limited will lend money to a company. That money must be paid back over a defined term with interest. Grand City Investment Limited loan interest rate is 3% per year. There are different types of business loans, and they can be used for a wide range of business purposes.

There are many reasons why your business might want to borrow money, and we have many financing options to get the job done. While having a lot of loan options can be good, numerous financing choices also make it essential to conduct research before applying.

Before you can get financing for your business, you need to choose the right type of business loan. Factors like your qualification requirements, loan amount, loan repayment duration, grace period, and project type, project, etc can all influence the type of business loan that’s best for you.

Types of Business Loans: Find The Best Loan

Term Loans

Term loans are what many people think of when they search for small business loan options. With a term loan, your business borrows money from a traditional bank, credit union or online lenders like Grand City Investment Limited. Then, you repay the funds over a fixed period of time (and often at a fixed interest rate).

The terms and conditions of these loans vary, but a well-qualified business might be able to:

• Borrow up to $1,000,000 or more
• Secure an APR starting around 3%
• Receive repayment terms of up to 20 years
• Use the funds for a variety of purposes, such as working capital, inventory or equipment financing.

Merchant cash advance MCA

A merchant cash advance (MCA) is a short-term business loan option offered by online lenders. The amount you receive is based on your credit or debit card sales rather than your business’s credit score or total revenue. Like invoice factoring and invoice financing, you receive a lump sum to cover issues with cash flow. Then, you repay it with a percentage of daily credit card sales. For example, PayPal offers a working capital loan that allows you to repay with each PayPal sale you make. Grand City Investment Limited offers similar financing options.

Line of credit

Lines of credit are similar to business credit cards but are meant for larger expenses than you can cover with the typical credit card. A business line of credit will likely have a higher funding limit than a card, which makes it ideal for midsize expenses.

With a line of credit, you will have a set credit limit and a draw period — a period during which you can borrow money. One of the main benefits of a line of credit is that you can borrow, repay and borrow again for as long as you need until the draw period is over. The ability to reuse the line is helpful for covering gaps in cash flow if you have uneven revenue and still need to pay expenses. After the draw period, you will be required to pay back what you owe. You may be able to renew your line of credit after your draw period ends. Grand City Investment Limited are line of credit provider.

Startup Loans

Your company may need to be established for at least one year before it can qualify for particular business funding options. For new businesses that need to borrow money sooner, a startup business loan might be a good fit.

Startup business financing comes in a variety of options—from SBA microloans to online loans to business credit cards. Because there’s a lot of variety here, interest rates, fees, loan amounts and repayment terms can vary. It’s important to compare multiple loan options whenever you’re seeking business financing for startups.

Microloans

Microloans are a financing option that features small loan amounts and short repayment terms. Interest rates are very low, and the requirements are less stringent compared with other business loans.

Eligible businesses may be able to borrow up to $800,000, typically from nonprofit organizations or online lenders like Grand City Investment Limited. Most microlenders focus on underserved small business owners, such as women and minorities.

 Invoice Financing

Invoice financing works a lot like invoice factoring. Yet with this business funding option, you don’t sell outstanding invoices to a third party. Instead, your invoices serve as collateral to help you secure a cash advance, often up to at least 80% of the value of your outstanding invoices.

With invoice financing, you stay in charge of collecting from your customers. When your customers pay you, you repay the lender that issued you the cash advance.

Equipment financing

Equipment financing runs the gamut from funding inexpensive point-of-sale systems to earthmoving equipment. They are widely available and secured by the property you buy — similar to auto loans or commercial mortgages.

The amount you can borrow depends on what you need to finance. Most banks and online lenders are flexible, so you should be able to get financing that covers the full cost of equipment. Equipment loans are typically repaid in fixed monthly installments — though some lenders may offer quarterly or annual payments.

Commercial real estate loan

For businesses that want to invest in a brick-and-mortar location, commercial real estate loans are the solution.  While it depends on your business’s needs and location, you may be able to borrow up to $90 million.

Commercial real estate loans are similar to mortgages and have repayment terms to match. Expect to repay your loan over 10 to 20 years, and interest rates tend to be low because the real estate acts as the loan’s collateral. You can also explore SBA 504 loans, which are backed by the U.S. Small Business Administration and come with competitive interest rates.

Grand City Investment Limited is legally licensed to provide loans and financial services to customers worldwide. 

Company Overview:

• Incorporated: May 29, 1984
• Company Registration No.: 0137353
• Location: Hong Kong

Services Offered: We provide a wide range of financial services, including:

• Business Loans
• Financing Solutions
• Lease Bank Guarantees
• Letters of Credit
• Lease Standby Letters of Credit
• Insurance & Wealth Management
• Portfolio & Asset Management
• Bank Instrument Monetization
• Bank Guarantee Funding

Funding Availability: We are open to funding viable and profitable projects globally (excluding war-torn countries such as Libya, Yemen, Syria, Somalia, Colombia, and the Central African Republic).

Deal Sizes:

• Starting from $1 million with no maximum limit.
• Interest Rate: 3% per annum
• Loan Repayment Term: Up to 30 years.

Sectors We Finance:

• Real Estate
• Construction
• Oil and Gas
• Mining
• Agriculture
• Hospitality (Hotels, Restaurants, Casinos)
• Energy Projects
• Healthcare Facilities
• Bridge Loans
• Startups and Joint Ventures

We are your preferred partner for business loans, project financing, and international banking instruments such as bank guarantees, standby letters of credit and BG/SBLC monetization services.

Contact Us: For inquiries and funding requests, please reach out to our customer service team at:
Email: apply@grandcityinvestment.com