Business Working Capital To Accelerate Growth
Businesses Nationwide are seeing 25%-30% in annual growth from VIP Capital Funding’s Business Loans and Working Capital. When asking the Founder and Principal Joshua Triplett about how this is achievable, he response
“ It’s an effective amount, minimal paperwork and opportunity cost. Let’s start with the effective amount and minimal paperwork. For real life example purposes, VIP Capital Funding’s working capital is based on consistent revenues over the past 4 months as long as a business is doing $50K monthly or $600K annually. In this case for a business doing $100K on average monthly can be approved and funded in as little as 24 hours with approvals reaching 100%-200% of their monthly revenues.
Efficient Process: Traditional banks often have lengthy and paperwork-intensive processes, taking 30-60 days or even longer to approve a loan. In contrast, alternative lenders like VIP Capital Funding offer a quicker process, typically requiring only 4 months of business bank statements, an application, and bank-level verification. Back to a traditional bank loan let’s say the business owner is averaging $100K but gets approved for $50K over 3 years, there are many things wrong here because not only did the business owner go through 60-90 days to get funded which eats into the opportunity cost, most business owners invest our capital and receive their ROI within 1-4 quarters with prepayment forgiveness and interest forgiveness to keep the ball rolling. While a business owner who takes a bank loan makes their investment and within 1-4 quarters they are ready to keep the ball rolling the bank slaps them with a prepayment penalty.
Strategic Areas : With all that being said that is how VIP Capital Funding’s clients are able to yield 25%-30% annually by making their investment in strategic areas like staff, payroll, marketing, equipment, material, jobs..etc is because VIP Capital Funding gives an effective amount of capital to be impactful equipped with prepayment discounts and interest forgiveness 50% paid in for a business to continuously stay ahead of their competitors by taking on more opportunity for businesses to acquire more clients.
To give a little bit of background of VIP Capital Funding’s industry history is that the private lending industry has been the underbelly of the economy for a staggering 30 years where banks have always been very tight and the turnaround time with their paperwork has always been annoying for business owners to deal with that they would rather get their funds quickly and effectively with a company such as VIP Capital Funding.
It goes back to the old adage “It takes money to make money” and lending has been around since the beginning of time and even until this day in 2024 business owners have been cash flowing and covering more ground than ever before with our working capital and business loans to acquire as many clients as possible. We’ve seen several businesses grow from $1MM annually to $10MM-$25MM by taking our capital every quarter or two and yielding 25%-30% in revenue every year which compounds very quickly.
Preferred Industry List
The Industries below benefit the most from our working capital and business loans
- Construction
- Medical
- Information Technology
- Dental and Physician Offices, and more.
- General Contractors
- General Automotive Repair
- Software
- Bar and Grill
- Restaurants
- Pharmaceutical
- Manufacturing
- Landscaping
- Gyms
- Arcades
- Architects
- Developers
- Media Advertising
- Law Firms
- Golf Courses
- Smoke Shop & CBD
- Retail & E-commerce
- Staffing & Recruiting
- Moving and Furniture Delivery Services
- Day Cares / Schools / Academys
- Nursing / Senior Care / Rehab Facility / Hospice
- Accounting Firms
About the Company
VIP Capital Funding is a financial company founded by Joshua E Triplett and headquartered in Raleigh, North Carolina with offices based in Dallas, Texas and Chattanooga Tennessee. It predominantly offers working capital loans and business loans between 50K-$15MM to businesses from diverse industries. With a competent team of 50+ members, the firm focuses on fast approvals and funding to support businesses in achieving their goals and driving growth.
Contact Details:
Joshua E Triplett, Executive Principal Managing Partner: LinkedIn and Twitter handles
VIP Capital Funding:
Website: https://vipcapitalfunding.com/
Office Phone: 800-735-7754
Carlos Hernandez, Senior Vice President
Direct: 919-300-0203
Email: carlos@vipcapitalfunding.com
James Jones, Senior Funding Manager
Direct: 919-300-5906
Email: james@vipcapitalfunding.com
Randy Kranawetter, Senior Funding Director
Direct: 919-521-8451Email: randy@vipcapitalfunding.com