Can I qualify for a business loan with bad credit?
This is a good question, can you qualify for business
funding if your credit sucks? The answer to this is yes. Funding Easily
provides small business owners with easy business loans without any hassle. Our process is easy and provides our
customers with a user friendly experience. Banks on the other hand have all the
problems with credit scores and everything else. Typically, banks are not in
favor of lending to small businesses, and as a result over 90% of all small
business loan applications are rejected by banks.
The funding we provide comes with easy and practical
qualification criteria, enabling most small businesses can qualify for cash advance in Dallas. Mentioned here
below are our primary qualification criteria, and as a small business owner you
would be able to judge if you qualify or not.
1.
The business needs to be at least 12 months old
and a running business.
2.
The owner of the business should not be in any
form of active bankruptcy at the time of the loan application.
3.
The gross income of the business needs to be at
least $10 thousand over that amount.
Judging by these criteria you will be able to judge for
yourself if you qualify. Frankly speaking, most small businesses are able to
qualify for these criteria, and as a result the funding they require.
Some of the additional features that are very user friendly
to small business owners is the fact that we do not require high credit scores.
We often work with credit scores that are below average and in the low to mid
500s, and we do fund them as well. Banks on the other hand will not touch
applications whose credit scores are not in the 700s range.
Also, we do not ask our customers to provide collateral, as
our loans are uncollateralized loans. Banks on the other hand will and do
always require collateral and security to provide loans, as they are required
to secure their investment.
The processing time frames we have to provide cash advance loans Dallas is also very quick
as compared to any standards. At the quickest we are able to provide you with
the funding you require in 48 to 72 hours, and at a normal pace that would be a
maximum of a week to ten days.
You
can gather more information related to the fast business funding that we provide by contacting us. Our Dallas team
will provide you with all the information you require and also assist you with
the filling in of the application. Additionally, if you wish you can click on
the ‘apply now’ tab and fill in your details.
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