You can get funding for your small business easily and quickly
If a small business owner has deal with the bank, there is a
possibility they are against loans altogether. We provide small businesses with
easy business loans, and we also
provide them with a hassle free and user friendly experience. Banks on the other
hand are simply not in favor of funding small businesses, and would rather fund
big businesses and corporations. As a result of this over 90% of all small
business loan applications are rejected by banks.
As a private lender we provide small businesses with cash advance in San Diego and our
criteria are simple and uncomplicated. Banks do have a lengthy list of criteria
that is stringent and inflexible, and this list is tough for small businesses
to crack. Mentioned below here is our list of criteria, and you can judge for
yourself if you feel you qualify for it or not.
1. The owner of the business applying for the funding, should not be in any form of active bankruptcy at the time of the application.
2. The business needs to be at least 12 months old and a running business.
3. The gross income of the business needs to be at least $10 thousand.
1. The owner of the business applying for the funding, should not be in any form of active bankruptcy at the time of the application.
2. The business needs to be at least 12 months old and a running business.
3. The gross income of the business needs to be at least $10 thousand.
These are simple criteria and most small
businesses are able to qualify for these criteria without a fuss. Our
criteria are designed to be practical and these simple criteria tell us pretty
much all we need to know about a business we want to fund.
Other benefits to make the process easier for small business
is the fact that we process the funding very quickly once we receive a complete
application. Typically, we can process an application for a fast business funding within 48 to 72
hours, and at the most this time frame will be a week to ten days. Banks on the
other hand will take anywhere from a couple of months to a couple of months
over the original couple of months.
Additionally,
we do not require high credit scores either. We often work with credit scores
that are in the mid to low 500s and we fund them also. The reason for this is
because credit scores do not figure in our qualification criteria. Banks on the
other hand as everyone knows like to see above average credit scores, and would
very much prefer the credit score to be close to the 700s mark, or even above
that.
Funding
Easily also does not ask for collateral and security to provide you with the
funding for your business. The reason for this is because our loans are
uncollateralized loans, and this is a handy feature for small business owners
who don’t always have collateral, but do require the funds. Banks simply do
require collateral and don’t provide uncollateralized loans easily.
For
more information related to the cash
advance loans in San Diego that we provide contact us. Our San Diego team
will provide you with the information you require, and assist you with the
application as well.
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