How small businesses can get business loans fast

For small businesses that are very keenly looking for a business loan quickly we provide them with those solutions they require. The entire process that we have to provide small businesses with the funding they apply for is simple, quick and hassle free. As a result every small business that applies for a loan with us has a pleasant experience. Banks are not interested in funding small and medium sized businesses, and as a result the qualification criteria that they have is very stringent and difficult for small businesses to qualify for. As a result over 90% of all small business loan applications are rejected by the bank

. 

How to get a business loan quickly?

The answer to this question is explained here so that you understand how we are different and in fact the entire process. 

The qualification criteria that we have for small businesses is very different from those of the banks, and as a result most small businesses are able to qualify for the funding they require. Mentioned below here are our qualification criteria. Based on these criteria, any small business owner will be able to tell if they qualify for the funding or not. 

1.       The owner of the business must not be in any kind of personal bankruptcy at the time of the loan application.

2.       The business should be at least 12 months old and a running business at the time of the loan application.

3.       The gross income of the business needs to be at least $10 thousand or over that amount, to enable them to repay the loan amount, even after taxes and deductions. 

These are the simple qualification criteria that we have, and based on these any small business owner will be able to understand if qualify for the funding we provide or not. The additional features mentioned below enable us to provide you with the easy business loans.

To make matter easier for small business owners, we do not ask for high credit scores either. We work with credit scores that are in the low to mid 500s, and we do fund them. Banks on the other hand will not work with credit scores that are not above average, and would rather prefer to see credit scores that are in the 700s or over that. 

The other features that are also part of the funding that we provide is the fact that we do not require collateral and security either to provide the business loan. The reason for this is simply because our funding options are uncollateralized loans. Again here, banks do not provide uncollateralized loans and are often required to secure the funding they provide as loans.

The processing time frames that we have as a result of the funding that we provide is very quick, and we are able to provide small businesses with the funding in as little as 48 to 72 hours. At the most we will process the loan application in a week to ten days. Banks again are in no rush to provide small businesses with the funding, and generally take a couple of months at the least to process the paper work required. 

For more information related to fast business loans, contact us. Our funding team will provide you with the information you require, and also assist you with the application process. On the other hand if you would rather fill in the application form on your own, simply click on the ‘apply now’ tab and fill in your details.