Many small business owners in the Santa Clarita Valley have trouble deciding what their best loan options are. After they’ve decided, those same small businesses end up having trouble qualifying for those loans, based on the size of the business and how long it has been open.

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Ed. Note: The following content was provided by Camino Financial who is a client of KHTS AM-1220. 

Camino Financial was founded with the purpose of giving small businesses the essential tools and capital required to grow and prosper.

“We are a boots on the ground business, we are physically going out to the businesses, talking to the owners, understanding their working constraints, and creating that social responsibility,” says Yvette Salas, a Camino Financial sales manager.

“We’re not just an online vendor where you would go and fill out an application to find out what your funding options are,” says Salas. 

Camino Financial prides themselves in helping small businesses in the Santa Clarita Valley. 

“Camino Financial is committed to servicing under-banked small businesses,” according to their website. “We think providing small businesses with knowledge and access to capital will pave the road to the next chapter of growth. The path to success begins with forging a strong relationship with our customer.”

Camino Financial offers many solutions including alternative loans, merchant cash advances, and Small Business Administration, (SBA) loans which are partially guaranteed loans. SBA loans can range up to $500,000 for as long as 4 years. These loans tend to have fixed payment schedules and automatic deductions from your bank account. 

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Alternative lending is a good solution for smaller companies, or companies that have had trouble getting approved in the past. Alternative loans offer a quicker process, more leeway, and it focuses more on the companies cash flows.

Right now, Camino Financial is offering a free credit assessment report to anyone who applies. This report will explain to you how the lender assesses your credit risk profile. 

“We realized that by educating the small business owner, not only do they understand how their credit is assessed, but also gives them the opportunity to see how they can improve their credit risk profile,” says Salas. 

To learn more about the company visit, caminofinancial.com or call them at 661-481-2206

Camino Financial 

25350 Magic Mountain

Suite #300

Valencia, CA 91355

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Source: Santa Clarita News
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