Chicago loans for small businesses with bad credit
There are thousands of small businesses that are looking for
business loans in Chicago to finance
their businesses. Amongst these most of them have already approached the banks
for loans, and many have been turned down. There are many reasons how a small
business is turned down however, one of the primary reasons is the fact that
banks do not like to fund small businesses.
As a private lender Funding Easily ensure that we provide
small businesses with easy experiences, when applying for business funding in Chicago. Our requirements and criteria are very
different in comparison to banks, and are mentioned as follows; The owner of
the business should not be in bankruptcy at the time of the application of the
loan, the business should be at least 12 months old and running throughout at
the time of the application, and finally the gross income of the business needs
to be a minimum of $10 thousand.
These are very easy and simple criteria for any small
business to qualify for and most small businesses are able to get the funding
they require from us. There are other features as well which makes the entire
process of applying for a business cash
advance in Chicago easier.
We do not require a high credit score, and often work with
credit scores that are in the mid-500s, while on the other hand banks will not
work with a loan application whose credit score is not near about 700s.
In addition to this we do not also
require collateral, security or any form of personal guarantees to provide
small business owners with funding. This is not the same with banks who do
require collateral, and are only willing to fund 50% of the value of the
collateral.
These are other features ensure that we are able to provide
small business owners with the much needed and essential funding they require,
and that too quickly. The quickest we are able to provide a small business with
funding, is within 48 to 72 hours from the time of their application.
Contact us for more information related to instant small business loans and
our funding team will assist you. Alternatively you can also fill in the form
available on our site directly.
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