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.

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 mak
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 from those
Read more

How to Get Restaurant Funding For Your Business?

Image
Small business loans are also needed by restaurants but are often rejected by banks when they make an application. The best way to overcome this problem is mentioned below. Applicants for with  restaurant business loans  banks are confident that the institution will approve their application. Unfortunately, they are often disappointed because banks in most cases reject the applications as they consider small and medium-size businesses risky investments. Private funders do not have any bias against small businesses and willingly accept applications for small business loans for restaurants. The criteria private funders require applicants to satisfy are relaxed to ensure that the needs of the restaurant owner are satisfied. Making Applications for Small Business Loans For Restaurants When restaurant owners need small business loans for restaurants they are advised not to contact banks but prefer instead to deal with private funders. Business owners that heed this advic
Read more