VIP Capital Funding Succeeds in Pouring Jet Fuel into Working Capital Fire for Companies Nationwide

Raleigh, NC, March 17, 2022 (GLOBE NEWSWIRE) — It’s well known that working capital is the lifeblood of businesses, regardless of size. With working capital and a cash deficit, it won’t take long for a business to sink. Renowned Fintech company, VIP Capital Funding, has successfully funded small and medium-sized businesses over the past 4 years through their expert consultants.

As shared by the founder, Joshua Triplett, “Our capable leaders, Senior Vice President Carlos Hernandez, Senior CFO Cheynne Chong and CFO Kenneth Lewis, along with the entire team, have supported the growth of several companies by securing funding from our private investors. “

Owner and Senior Executive Managing Partner of VIP Capital Funding: Joshua E Triplett

Companies suffering from a shortage of working capital were delighted to receive the capital which was used strategically. The founder already plans to help more businesses with working capital as the Paycheck Protection Program (PPP) and Economic Disaster Loan (EIDL) end in 2022. He aims to stimulate the progress and development of small and medium-sized enterprises. medium-sized businesses across the country.

“Working capital comes in many forms, such as asset-based loans, merchant cash advances, lines of credit, and SBA loans,” Joshua Triplett informed. He added that companies that have benefited from the credit have deployed the funds in various sectors where needed, including equipment, inventory, staffing, materials, payroll, etc.

Many of these business owners have also applied for a tax exemption, thereby waiving the interest payable. Others have negated the cost of interest either by having high profit margins that accelerate revenue growth or by buying in bulk.

VIP Capital Funding primarily supports businesses that generate a minimum annual revenue of $300,000 and acquire $30,000-$1M+ in just 24-48 hours. Banks generally require excessive due diligence and an average of 60 days to sanction the fund. On the contrary, VIP Capital Funding runs the entire process and sanctions funds to business owners with minimal documentation.

Joshua Triplett, founder of VIP Capital Funding, said: “Our process begins with a detailed consultation with the client to understand their business needs. Following this, an electronic request is emailed to the guarantor with a request for 3-6 month bank statements.”

That’s all! We will secure the best loan deal for the client’s business through our extensive network of lenders and investors,” adds the founder.

VIP Capital Funding aims to provide simple and productive financial offers to every business owner looking for working capital financing. Some of their many customer satisfaction factors include 100% transparency, thoughtful communication, and attention to detail.

When COVID-19 was rampant, banks faced a shortage of working capital for small and medium businesses. Even their in-house lending partners have suffered from defaults from customers who have not made payments due to the pandemic situation. This is when VIP Capital Funding has guided many businesses and helped them with SBA PPP and EIDL funding through this tough season. This has allowed businesses to thrive effortlessly in the new year.

According to Joshua Triplett, “As COVID-19 regulations gradually dissolve, we anticipate a great opportunity for businesses to secure working capital through the remainder of 2022 and into 2023.”

VIP Capital Funding began providing 30-year guaranteed business loans with single-digit interest rates. It also does not incur prepayment penalties and offers monthly payment structures. Funding for this financial product ranges from $100,000 to $20 million and closes in approximately 30-45 days.

The high-value business loan provides more capital and is significantly faster than any other traditional financial product from the bank. The minimum due diligence needed to process includes a finance application, bank statements for the last 3-6 months, a signed commission agreement and a real estate asset sheet.

Note that any residential property, commercial property or land can be pledged against the funds provided the loan to business asset value is 50/50 with a minimum of 50% equity. Approval only takes 24-48 hours. This credit is particularly suitable for businesses seeking multi-million dollar business capital loans.

During the waiting period before sanction, there are bridging loans that borrowers can use to cover their immediate needs. This funding ranges from $30,000 to $1M+ with repayment terms of 6-24 months. No prepayment penalty is levied. In fact, borrowers can sometimes qualify for a prepayment discount with terms and conditions applied.

About the company

VIP Capital Funding is a reputable Fintech company based in Raleigh NC that is growing rapidly. Led by the talented Joshua Triplett, the company has over 20 knowledgeable employees working to provide financial assistance to business owners. Its mission is to help companies with dedication to grow using working capital and to improve their cash flow through simple and fast procedures. Under the leadership of Joshua Triplett, the firm has helped hundreds of businesses benefit from EIDL up to $150,000 during the pandemic. Some of their all-time exclusive offers include zero upfront fees, fast processing, repeat customer perks, and more. VIP Capital Funding thus benefits from exceptional customer service, reliability and transparency.

Contact details:

Joshua E Triplett: LinkedIn and Twitter handles

VIP Capital Financing:

Website: https://vipcapitalfunding.com/

Office phone: 800-735-7754

E-mail: [email protected]

Carlos Hernandez, Senior Vice President

Direct: 919-300-0203

E-mail: [email protected]

Cheynne Chong, Chief Financial Officer

Direct: 919-521-8451

E-mail: [email protected]

Kenneth Lewis, Chief Financial Officer

Direct: 661-449-7305

E-mail: [email protected]

There is no offer to sell, no solicitation of an offer to buy, and no endorsement of security or any other product or service in this article. Further, nothing in this PR should be construed as a recommendation to buy, sell or hold any investment or security, or to engage in any investment strategy or transaction. It is your responsibility to determine whether an investment, investment strategy, security or related transaction is suitable for you based on your investment objectives, financial situation and risk tolerance. Consult your business advisor, attorney or tax advisor regarding your specific business, legal or tax situation.