There are numerous small businesses that require a quick business loans, and we provide them with those quickly and easily. Most small businesses require funding in the vicinity of $15 thousand to $25 thousand, however some do require funding in excess of $100 thousand as well, and we do fund them all. The funding that we provide is easy to obtain and the only request we really have is that the business owner be ‘decided’ when applying for the funding.
Banks do not lend easily to small businesses any more, and the reason for this is because they consider small businesses to be ‘high risk investments’. Due to this over banks have very stringent qualification criteria and over 90% of all small business loan applications are rejected.
We do provide small business with the best business loans they require, and our qualification criteria are completely different from those of the banks. Typically, small businesses make up 99.7% of all businesses in the US, and are very important to the economy.
Collateral for the funding we do not require, and the reason for this is because our funding is unsecured or uncollateralized. This is an excellent feature for small businesses, as many of them do not have the necessary collateral required by banks to receive the funding. Banks on the other hand will not give loans to small businesses without collateral.
Credit scores are something that we don’t require to approve a funding application, as these are not part of our qualification criteria. Typically, it’s not uncommon for us to work with businesses whose credit scores are in the low to mid 500s and we do fund them as well. Banks on the other hand do require credit scores that are in the 700s to accept an application.
The processing time frames that we have for small business loans are very quick as well, and we are able to process the entire application within 24 to 48 hours from the time we receive the completed application. However, at the most we will take a week to ten day. Banks on the other hand due to the mountain of paper work that they require of the applicant generally take a couple of months to do the same.
For more information related to the online business loans that we provide contact us. Our funding team is available from Monday to Friday during regular work hours and will assist you with the funding application. Alternatively, if you are looking to do this yourself, simply click on the ‘apply now’ tab and fill in your details yourself, which is much the same thing as well.