Quick funding for small businesses
For many of the small business that require funding, they do
have the option of receiving the loans they require, regardless of credit
scores and collateral. Typically, banks do require a good many things before
they approve a business loan application. However, banks are not the only ones
giving best small business loans, and as
a private funder we do provide funding to small businesses.
The criteria that we have to provide small business with small business loans in the USA are very
different from the banks. Our criteria are mentioned here; the business owner
should not be in any form of active bankruptcy at the time of the loan
application. The business needs to be at least 12 months old and a running
business. Finally, the gross income generated by the business needs to be at
least $10 thousand every month.
With these easy criteria that are practical and realistic
most small businesses qualify without much hassle. Our aim is to provide small
businesses with a user friendly experience as well as a hassle free experience.
Additional benefits of applying for a loan with us include
no collateral and no security, as the loans we provide are unsecured business
loans. This is a beneficial feature for some small business owners who do not
have collateral and security to for the funding they require.
We do also provide poor
credit business loans, and we do not require excellent credit either as do
banks. Typically, we work with many small businesses whose credit scores are
below average, and many times in the mid-500s, and we fund them. Banks on the
other hand will not entertain applications where the credit scores are less
than excellent, and do not work with average credit scores.
The time frames are another feature that are excellent with
us, at the quickest we are able to get the funding to the small business owners
in 48 to 72 hours, and at the latest within a few days. Banks on the other hand
take a few months at the earliest.
More information related to instant small business loans can be obtained by contacting us. Our
funding team will provide you with all the information you require and answer
your queries as well. Alternatively, you can fill in the basic application form
we have on our site.
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