How to choose a funding product

Revolving or lump sum, business or personal, secured or not: the questions that narrow eight options down to one or two.

Most people don't need to know every product. They need to answer four questions, and the answers do most of the sorting.

Four questions

Is this for a business, for you personally, or for an investment property?
Do you want to draw as you go (revolving) or receive one amount (lump sum)?
How established is the business: revenue, time in business, documentation?
Is there collateral in play, such as equipment or home equity?

Where the answers point

Established business, revolving need: a Business Line of Credit.
Established business, one planned purchase: a Business Term Loan.
Buying equipment: Equipment Financing, where the equipment is the collateral.
Larger, longer, document-heavy: SBA Financing.
Newer business with a strong personal profile: 0% APR business credit cards.
Home equity available: a HELOC used for business.
A personal need, or a business too new for business products: a Personal Loan.
A rental property: a DSCR loan, which qualifies on the property's rent.

If you're still not sure

That's normal. Refer it or apply as "not sure" and we'll match it. TK Capital Solutions is a funding brokerage, not a lender. Requirements vary by lender and program; nothing here is a promise of approval, amount, or timing.

Start with the shape of the need, not the product name

Most people start by asking which product they want. Underwriters start somewhere else: what the money is for, and whether the need is one-time or ongoing. Answer that first and most of the eight options fall away on their own.

A single purchase with a number attached - a build-out, a second location, a partner buyout - points at a term loan.
A gap that opens and closes every month - customers paying net 60 while payroll lands every two weeks - points at a line of credit.
A physical asset you need to own - a truck, an oven, a diagnostic machine - points at equipment financing, because the asset itself becomes the collateral.
A need with no business behind it yet points at a personal loan, a HELOC, or 0% APR business credit.

Then ask what you can document

The second fork is documentation. Some products are decided on paperwork - bank statements, tax returns, a profit and loss statement, a debt schedule. Others are decided on a credit profile and almost nothing else. That single difference is usually what makes a business fundable or not in any given month.

A business with two years of trading history and clean books has the document-based products open to it. A business that started four months ago does not - but the owner may still qualify personally, which is why so many new businesses are funded through 0% APR business credit, a personal loan, or a HELOC rather than a business loan.

What usually decides it in practice

Across the document-based products, the same handful of factors keep appearing: personal credit around 650 or better, negative marks ideally more than two years old, real revenue, time in business, existing debt, and cash flow. The profile-based products care far less about the business and far more about the owner: total credit limits, utilisation, how long the accounts have been open, and how many were opened recently.

None of this is an approval requirement. Every lender sets its own standard and every file is read on its own. These are the patterns behind most decisions, not a rulebook.

A short way to narrow it yourself

Is the need one-time or recurring? One-time leans term; recurring leans revolving.
Is there an asset involved? If yes, secured options are usually cheaper and easier to approve.
Does the business have documentable revenue and history? If no, look at the owner instead of the business.
How fast does the money need to move? Document-heavy products take longer, and nobody honest will promise you a date.

If two options still look equally sensible, that is a good sign it is worth a conversation rather than an application.

Common questions

Can I qualify for more than one product?: Often, yes. We look at the whole picture and recommend the option that fits the need and the profile, not the one that's easiest to place.