Business Loans in New York
For small business owners who are looking
for business loans New York we
provide the perfect solution. As a private lender we offer small business
loans, with easy approval. The entire situation is based on the banks who are
not very much in favor of providing small businesses with loans. The reason for
this is simple, banks consider funding small businesses to be a high risk
activity. As a result banks reject over 90% of all small business loan
applications.
As a private lender Funding Easily does
provide business funding in New York
to small businesses. Our criteria are simple and realistic, enabling most small
businesses to qualify. The criteria that we have are simple and are as
mentioned here; the business owner should not be in active bankruptcy at the
time of the loan application with us. The business gross monthly sales need to
be at least $10 thousand or over for the business. Last of all, the business
needs to be at least 12 months old and a running business.
These are our basic criteria and these are
reasonable for almost all small businesses to qualify for, as a result we
provide numerous small businesses with the small
business loans New York that they apply for.
We also do not require high credit scores,
and this is one of the first qualifying parameters of banks. Generally, banks
will reject a funding application if the credit scores of the business are
below average or even just average. Banks require credit scores that are in the
700s generally. We do not calculate risk factors based on the credit scores of
a business, and this has little to do with being approved or rejected for the
funding.
To provide the funding we do not require
collateral or security also, and this makes it easy and convenient for small
business owners to qualify for the funding. Banks on the other hand will always
require collateral and security. Also, we can provide the funding that you
require very quickly, and generally the processing time will be within 48 to 72
hours from the time we receive the completed application.
To know more applying for a business funding New York, contact us. Our
funding team will provide you with the information you require, and assist you
with the application process as well.
Comments
Post a Comment