How to get a business loan very quickly?
There are numerous small businesses that require loans at
any given time, and banks reject over 90% of small business loan applications.
Funding Easily provides you with the perfect solution for the question, easy business loans We
provide those and our criteria and processing time frames are completely
different from those of banks. Banks on the other hand are no interested in
funding small businesses for a variety of reasons. One of the primary reasons
however is that they consider small businesses to be ‘high risk investments’.
Funding Easily is one of the more popular funding companies
amongst small businesses owners. The reason for this is we actually give
funding to small businesses. We are able to do this because, our funding
criteria are completely different from those of banks. Now getting a business
loan is not impossibly tough, in fact we make it extremely easy. Mentioned
below are our criteria, based on which you will know if you qualify for the
funding or not.
1.
The owner of the business must not be in any
form of open bankruptcy at the time of the loan application.
2.
The business must be at least 12 months old and
a running business.
3.
The gross monthly income of the business must be
at least $10 thousand or over that amount.
As you can see these are very simple and reasonable
criteria, and it’s due to this reason that most small businesses are able to
qualify for the funding that we provide them with. The criteria of banks is
long and complicated and stringent, and anyone who has applied to the bank for
funding knows this.
Also we process the funding applications very quickly.
Typically, we are able to provide the funds required to any small business
within 48 to 72 hours at the earliest, and at the latest we will be able to provide
them with the funding within a week to ten days. Banks on the other hand will
require a couple of months to go through all the paper work, and at the
earliest their time frames are not less than a couple of months.
The answer to the question, fast business loans
is a simple one. Funding Easily provides you with easy small business loans. We
do not require collateral and security either, as our loans are
uncollateralized loans. This is a very good thing for small businesses, as
typically the banks do require collateral and security, and the value of the
collateral that banks accept is generally twice in value of the loan amount
applied for.
Credit
scores are another area where we are flexible and able to provide small
businesses with the funding they require. Typically, the credit scores that
we work with are even in the low 500s, and we do fund them. Banks on the other
hand as everyone knows, require credit scores that are above average, and they
would very much prefer to work with businesses whose credit scores are above
700.
If you want more information related to the question, can I
get a business loan? Contact us. Our funding team will provide you with all the
information you require, and also assist you with the filling up of the application
form. Alternatively, you can click on the ‘apply now’ tab and fill in your
details to start the process.
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