Coralpoint Commercial Capital, a small-business funding service in Titusville, FL, arranges six structures: working capital, term loans, lines of credit, inventory financing, equipment financing and merchant cash advances. This page compares them by purpose, repayment and the records partners usually ask for, so a Brevard County, FL owner can shortlist before calling.
Start from the purpose of the money
A dollar figure with no structure attached to it is a fine starting point. What separates the six options is not the label but how each one is repaid and what it is tied to. A payment schedule that suits a new oven can strain a firm whose clients pay on sixty-day terms, and a revolving limit that suits a contractor can be the wrong tool for a one-time remodel.
The table below routes several purposes to the structure that may fit. It is a starting point for a conversation, not a promise that any partner will approve a request.
Which structure matches which purpose
| Bill to be paid | First structure worth pricing | How it is repaid |
|---|---|---|
| Wages due before customers settle up | Working capital | Level payments over a brief schedule |
| A second location, expansion or build-out | Term loan | Level installments on an agreed schedule |
| Uneven months, job-by-job costs | Line of credit | Interest on what you draw; the limit refills as you repay |
| Shelf stock, parts, supplies | Inventory financing | Tied to the goods, repaid as they sell |
| A truck, mower, chair, oven or lift | Equipment financing | Installments, with the equipment as collateral |
| Mostly card sales plus a brief cash squeeze | Merchant cash advance | A share of future card receipts is collected; not a loan |
Business loan vs line of credit: the two compared in plain terms
A business loan delivers one amount at the start and is paid down on a fixed schedule. A line of credit sets a limit; you draw what you need, pay interest on the drawn balance and can draw again after repaying. The loan suits a known, one-time cost such as a renovation. The line suits costs that come and go, such as materials for back-to-back jobs or a payroll week that lands before a client pays.
Partners judge the two differently. For a term loan they tend to focus on whether steady revenue covers the installment. For a line they look at how deposits move through the account over several months, because the limit is meant to be used and refilled.
Loans, leases and an advance that is not a loan
Five of the six structures are forms of credit: working capital, term loans, lines of credit, inventory financing and equipment financing (which may also be written as a lease or an equipment finance agreement). The sixth, a merchant cash advance, is different in kind. A provider buys a share of future card receipts and collects that share from sales; it is not a loan and is not repaid on a loan schedule.
That distinction matters when you compare costs. Loan offers state an interest rate and term. An advance states a factor rate and a holdback percentage, and its cost depends on how fast sales arrive.
What partners commonly look at across all six
- Business bank statements, often for several recent months
- Time in business and the legal name the business operates under
- Revenue, shown on statements or tax returns
- The purpose of the funds and, for equipment or stock, a quote or invoice
- Existing debts or advances that already draw on cash flow
No partner publishes a single checklist that applies to every file, and the list grows with the size of the request. The request steps page explains how Coralpoint gathers these records before a file goes out.
Brevard County, FL context for choosing a structure
Brevard County, FL had 15,510 employer establishments in 2023, and 59.8% of them had fewer than five employees (U.S. Census Bureau, County Business Patterns 2023). Another 60,649 businesses operated with no payroll at all in 2024 (Nonemployer Statistics 2024). At any size, the repayment style deserves as much attention as the amount, because payments come out of operating cash.
The Titusville, FL business data page breaks those county figures down further, and the industry pages show how cash moves in fourteen local sectors.
By Coralpoint Commercial Capital · Updated