Exclusive Services
Specializing in small business, aviation, and real estate loans, your Business is paramount to us.
As a direct, private lender, GAC Finance takes a common sense approach to underwriting, with all
approvals made in-house. We provide quick responses to time-sensitive loans, often times with the
ability to close in 10 business days or less.
1 | Small Business Loans
Financing for small businesses comes in many forms. The options you have available are as unique as your business, so it's important that you know what's available and what works best for your cash flow.
2 | Term Loan
Term loans are one of the most popular types of small business loans. If you've ever taken out a mortgage or financed a vehicle purchase, then you're probably familiar with the mechanics of a term loan. Term loans are delivered via a lump-sum of capital from a lender and paid off in fixed installments according to a schedule until you pay back the principal plus any applicable interest (and any fees). Repayment periods can vary from short term (12 months or less) to medium term (1 -3 years) to long term (3+ years). Term loans are typically secured by a lien on your business assets (a right for the lender to seize those assets if you default on the loan) and may require a personal guarantee, which means your personal assets may be liable if your business defaults on the loan. One of the perks of a term loan is that the interest rate, which could be either fixed or variable, tends to be competitive and lower than other types of small business financing. This is especially true when you consider that you may be repaying the loan over a number of years. Business owners have flexibility with regards to how they can use the funds. For instance, one could use a small business term loan to expand to a new location, replenish inventory, or hire new employees.
3 | Working Capital
A working capital loan is a short-term loan meant to help a business cover its everyday operations needs. It can be directed toward expenses such as payroll, paying rent, or making monthly payments towards debt. A working capital loan is not meant to buy long-term assets or investments. You can apply for a working capital loan through Funding Circle's network of lending partners and receive a decision in as little as 24 hours. 2 The speed of approval is one of the best aspects of this small business loan. Learn more about applying through Funding Circle's network of lending partners.
4 | Line of Credit
A line of credit is a flexible form of short-term financing. You have a set amount of available credit that you can access as you need. With a business line of credit, you do not make any payments or pay any interest until you actually use the funds. A line of credit is ideal for unexpected expenses so that you don't have to rely on cash flow when emergencies arise. For instance, having to replace a major piece of equipment or offsetting a seasonal decline in revenue. A line of credit could be in the range of $5,000 to $500,000 or more. When you apply through Funding Circles network of lending partners, this range is $6,000 to $250,000. With a line of credit, you'll only pay interest on the funds you draw. However, there may be other fees attached to lines of credit like monthly maintenance fees, draw fees, and late payment fees. Learn more about applying for a line of credit through Funding Circle.
5 | Fixed Rate Aircraft Loan
This aircraft loan is for owners and operators planning to keep their aircraft and its financing for more than five years. It offers the peace of mind and stability that comes with a fixed principal and interest payment for the life of the aircraft loan, protecting you against rising interest rates. We offer up to 25 year term (for qualifying applicants) fixed interest rate aircraft loans…or you may select any term short of these you prefer!
6 | Upgrades & Improvements
Looking to make upgrades and improvements to your aircraft? GAC Finance can provide a loan for new avionics stack, engine overhaul, complying with ADs, a new paint job, or interior.
7 | Helicopter Loans
Looking to purchase a helicopter to get to and from a business meeting quickly or to escape on a weekend getaway? GAC Finance offers helicopter loans that combine competitive interest rates and flexible terms to fit your needs.
