Business Loans for Accounting & Tax Firms

Accounting and tax firms may qualify for business term loans, SBA loans, unsecured business loans, revenue-based financing, accounts receivable financing, and acquisition financing. The right option depends on the firm’s revenue, time in business, use of funds, credit profile, and repayment preference. Franklin Financing Services helps compare multiple lending paths instead of relying on a single bank product.

Many firms use financing for payroll during tax season, new tax preparation software, cloud accounting systems, office expansion, hiring staff, marketing, partner buy-ins, debt consolidation, or acquiring a book of business. Funds may also support working capital when client payments lag behind expenses, helping firms maintain service quality without disrupting cash flow.

Certain programs offer quick decisions. Franklin Financing Services lists FAST TRACK term loan approvals in 24-48 hours for qualified applicants, with funding available shortly after approval and in as little as 3 days. Easy Pay cash advance programs may approve in 48 hours and fund in under 7 days, depending on documentation and eligibility.

Yes, unsecured business loans may be available for businesses that do not want to pledge specific collateral or may not qualify with traditional banks. Approval still considers factors such as revenue, cash flow, credit history, business stability, and repayment ability. Some programs are designed for companies facing bank turndowns or less-than-perfect credit profiles.

SBA loans can be useful for larger growth needs such as commercial real estate, leasehold improvements, business acquisition, equipment, fixtures, or working capital tied to expansion. Loan amounts may range from $150,000 to $5 million, and SBA programs often offer longer terms, no balloon payments, and no points compared with some conventional products.

For revenue-based financing, initial underwriting typically requires two years of financial statements, including balance sheet, profit and loss, and cash flow broken out by month. Lenders may also request revenue by customer, a debt schedule, and projections if available. FAST TRACK term loans may require only an application and recent bank statements for eligible amounts.

A bank turndown does not automatically prevent financing. Franklin Financing Services works with national lending relationships and programs designed for a broader range of companies than many traditional banks serve. Some options may consider businesses with poor credit, late payments, or prior bank denials, though terms and eligibility vary by program.

Revenue-based financing ties repayment to a pre-established percentage of monthly revenue, commonly 3%-9% of monthly cash receipts for eligible businesses. This can help firms with seasonal revenue patterns because payments may be smaller during slower months and larger when receipts are stronger. It can be especially relevant for firms with predictable recurring client revenue.