Detroit, MI is home to family-run businesses, innovative startups, trucking companies, franchises, healthcare providers, industrial plants, and everything in between. As diverse as the business landscape is in Detroit, the one thing they all have in common is a need for reliable, flexible, and affordable working capital solutions. KMS Funding Solutions is a locally-based financial firm, and we work with local businesses spanning every industry to provide the working capital they need to thrive and grow. Working capital from KMS Funding Solutions can be used for anything local businesses need, including:

• Covering overhead
• Hiring additional staff
• Increasing purchasing power
• Making payroll
• Marketing campaigns
• New product development
• Paying down loans and credit debt
• Purchasing supplies, inventory, and raw materials
• Smoothing out uneven revenue cycles
• Time-sensitive opportunities
• Upgrading assets and equipment

Merchant Cash Advances for Businesses in Detroit, MI

KMS Funding Solution offers a merchant cash advance program for businesses in Detroit that need an injection of discretionary capital for everything from seasonal sales rushes to inventory, marketing, and more. Merchant cash advances do not place debt on the balance sheet, and there are no fixed payments so businesses can repay the balance without placing a strain on finances. Unlike traditional loans with fixed payments, merchant cash advances from KMS Funding Solutions are repaid from a small percentage of credit card transactions, giving businesses in Detroit much more flexibility. Our merchant cash advances feature:

• Working capital advances up to $200,000 for each business location
• No collateral required
• Flexible payment methods
• No fixed payments, application fees, or closing costs
• Minimal paperwork to qualify
• No prepayment penalties
• Financing available in as fast as 7 days

KMS Funding Solutions accepts all major credit card brands, including:

• American Express
• Discover
• MasterCard
• Visa

Unsecured Lines of Credit for Businesses in Detroit, MI

Every business needs a source of working capital, but traditional providers have high collateral requirements that exclude new and small businesses in Detroit, MI. KMS Funding Solutions eliminates the high bar of entry by providing unsecured business lines of credit without any collateral stipulations. Our unsecured business lines of credit are available to both new and established businesses in the Detroit area so they can get the working capital they need to improve their purchasing power. Unsecured lines of credit from KMS Funding Solutions feature the following benefits for businesses in Detroit, MI:

• Unsecured lines of credit from $25,000 to $50,000 for startups and new businesses
• Unsecured lines of credit up to $500,000 and above for established businesses
• Low interest rates
• No subprime loans
• Revolving and non-revolving options
• Attractive introductory offers
• Up to 5% over prime for large lines of credit
• No collateral required as long as other qualifications are met
• Fast prequalifications

Get the Working Capital Your Business Needs

If you own a business in the Detroit area and need extra working capital, contact the firm that understands local businesses. Reach out to KMS Funding Solutions today.