Channel Partners Capital
Channel Partners Capital, founded in 2009, is a non-bank and full-service financial company. They provide financial funding resources to mid and small businesses, which are a group serving as an alternative from traditional bank loans. Based in Minnesota, the company was accredited with BBB since 2011. With partnerships on equipment finance, it offers working capital targeting small businesses. Lent amounts from Channel Partners Capital typically range between $200,000 and $10million.
Funds offered by the company can be used towards equipment rentals, payroll, bonding, bulk purchases, expansion costs, and marketing purposes. Working capital loans are offered, along with product and sales support. Businesses with constant revenue streams are the only ones the company will consider, although it does support all business types. Credit is not a factor in the approval of loans. The industries which Channel Partners Capital serves include transportation, auto repair, medical, construction, franchise, manufacturing, fitness, and restaurants. The funds they provide can be used for the purchase of inventory, meeting payrolls, handling emergencies, expanding a business, upgrading equipment, and remodeling. Alternative financing options from Channel Partners Capital can extend up to $250,000.