Small Business Loans
Get The Right Business Loan
Most conventional business loans are a tedious process that can bury you in paperwork. In fact, according the Small Business Association’s annual economic research report, there’s been a post recession decline in lending received through traditional banks. Add to this that the application and approval time for a small business loan takes anywhere from 30 to 60 days. Meanwhile, in the Digital Age, time is even more crucial as consumer demand tends to change by the minute. That’s why we’re in the business of helping you fund your business on your time schedule.
Very little paperwork is required. All we need are your bank statements that show you’ve been in business for at least 6 months and your sales are a minimum of $10,000 monthly. Whether you need $5,000 or $1,000,000 our rates start as low as 7% and there’s never any obligation for you to accept the loan.
Short Term Business Loans
Short term business loans are for business owners that are looking for immediate funding that will be paid back over a short period of time. These loans are structured where the borrower receives funding and the payback amount and any fees is determined up front. As far as rates and terms this is the best alternative financing option for business owners that do not meet bank requirements. This type of business loan is short term so the payment plan will be spread out anywhere from six months to three years.
| Short Term Business Loans | |
|---|---|
| Loan Term | 6 to 36 Months |
| Rates | 2% to 36%* |
| Minimum Credit Score | 650 |
| Minimum Loan Amount | $5,000 |
Bad Credit Business Loans
Bad credit business loans are for business owners with poor personal credit or weak business financials. This type of funding features daily or weekly payments and the fees are determined before funding takes place. This product has very few document requirements and funding can take place as fast as the same day. This financial product is a great option when traditional financing is not a possibility.
| Bad Credit Business Loans | |
|---|---|
| Loan Term | 2 to 18 Months |
| Rates | 12% to 45%* |
| Minimum Credit Score | 500 |
| Minimum Loan Amount | $5,000 |
Small Business Loans for Women
Small business loans for women are a financial product specifically created for female business owners. Structured similarly to our other loan programs, the rates and terms will vary depending on the credit history of the borrower or the strength of the financials of the small business. This funding program is a great resource for women that have an established business but need financing to grow. Funding for this program can take place anywhere from the same day to a few days.
| Bad Credit Business Loans | |
|---|---|
| Loan Term | 2 to 36 Months |
| Rates | 12% to 45%* |
| Minimum Credit Score | 500 |
| Minimum Loan Amount | $10,000 |
