How to get a quick business loan in New York

In New York there are numerous small businesses, and many of them require loans. Most small businesses require the funding that they require quickly and are looking for a hassle free experience. We provide small businesses with the business loans New York that they are looking for and our process is hassle free and quick. Banks on the other hand are not so interested in funding small businesses, and the qualification criteria that they have as a result is extremely stringent. As a result of the stringent qualification criteria, over 90% of all small businesses loan applications are rejected and fail to make the cut.

We provide small businesses with the funding that they are looking for, and our qualification criteria are completely different from those of the banks. The criteria that we have are mentioned below here, and based on these most small business owners can ascertain for themselves whether they qualify for the funding or not.

1.       The business needs to be at least 12 months old and a running business, to qualify for the cash advance in New York.
2.       The business gross sales need to be at least $10 thousand a month or over that amount.
3.       The owner of the business should not be in any form of active bankruptcy at the time of the loan application.

These are the basic and simple qualification criteria that we have, and based on these most small businesses in New York that are looking for business loans are able to qualify. In addition to this however, there are other features as well that make this a very simple quick process. Features mentioned below.

The credit score is not a major factor with us, and the simple reason for this is because the credit score is not a part of our qualification criteria. We often work with credit scores that are in the low to mid 500s, and we do still fund them. Banks on the other hand do require high credit scores, and would prefer them to be in the 700s.

We process the applications very quickly, and at the quickest we will be able to provide you with the funding that you require within 48 to 72 hours from the time we receive the completed loan application. At the most this time frame would be a week to ten days. Banks on the other hand are in no rush to provide small businesses with the funding that they require, and will take at least a couple of months to do the same.

Also, we do not require collateral, as our loans are uncollateralized as well as unsecured loans. This is also a very beneficial feature for small businesses as there are numerous small businesses that are unable to come up with the collateral required to obtain the funding. Banks on the other hand do require collateral to provide you with the cash advance loans New York.

For more information related to the New York business funding contact us. Our funding team will provide you with the information you require, and also assist you with the filling in of the application. If you would rather do this yourself online, simply click on the ‘apply now’ tab and fill in the details yourself.

Location: United States

Comments

Post a Comment

Popular posts from this blog

Apply for Small Business Loans

Image
When applying for small business loans, consider these things before making a deal. In this article, we mention the important that help you to apply for the loan in a secure way Do you want a small business loan? Before you approach any lender, there are certain things which you need to consider when applying for small business loans . Doing so will improve your chances to find the best loan programs from reliable firms which can provide you what your organization needs. If it is your first time to apply for the loan for your business, then do be in hurry, consider these things before signing up the agreement with the loan provider. Small Business Loans Are Not Same Small business funding comes with a wide range of features such as different payment terms, different rates of interest, loan-able amounts, application requirements, payment terms, and arrangements etc. It is your responsibility to find the best combination of features that benefit your enterprise without...
Read more

Merchant Cash Advance for Small Businesses

For small businesses and medium sized businesses we provide them with merchant cash advance without a problem. The entire process is simple and quick, and most small businesses are eligible for the funding that we provide. The qualification criteria for the funding is mentioned below here. The majority of businesses in the US are small businesses, approximately 99.7% and as a result the entire health of the domestic economy rests almost solely with small businesses. For this reason alone it’s essential that small businesses remain healthy and in a good financial position.    Banks are not interested in funding small businesses as they consider these to be a ‘high risk investment’. Due to this reason the banks have very stringent qualification criteria for small businesses, and most small businesses fail to qualify for the funding as a result. We do provide small businesses with the funding that they require, and our qualification criteria are completely different fr...
Read more

How to get the business loan you require with bad credit

Image
There are numerous small businesses whose credit scores are not the best, and realistically speaking have poor credit, or damaged credit. However, this does not mean they do not require bad credit small business loans . The facts as they stand is that banks will not lend to small businesses with damaged credit scores. As a private lender Funding Easily is one of the premium lenders who provide small businesses with the funding they require. We answer the question, how to get a small business loan with bad credit here for you. The loans that we provide are based on various parameters that are completely different from the banks. Not only are the differences in credit score requirements but also in other features as well which we will cover here. Our qualification criteria are easy and practical, and are mentioned here below; 1.        The owner of the business must not be in active bankruptcy of any kind during the application pro...
Read more