A non-traditional loan for the traditional small business
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Who
Qualifies for a Small Business Loan?
A less-than-perfect personal credit score can cripple any business owners' chance of securing a small
business loan from more traditional lenders. Our belief is that what is important is not the business owner's personal credit, but a healthy cash flow into the business. We can help you qualify for loans up to $100,000 based on the performance and cash flow of your business.
Basic criteria a business needs to have in order to be a good candidate for a
small business loan:
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having a separate business bank account
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In business at least one year and process at least $3,000 in credit card
transactions per month.
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Or if your company does not accept credit cards, you should have been open for
business for at least two years and keep an average business bank account
balance of at least $3,000.
An influx of capital will allow you to grow your business. Whether it is purchasing new inventory or equipment, making needed repairs or developing a marketing strategy, investing your new capital wisely will lead to success - maybe even in unexpected places.
How our Small Business Loan differs
Unlike Merchant
Cash Advance companies that approve even poorly managed businesses and charge APRs upward of 125%, we are able to provide affordable rates to well-run small businesses for which traditional financing is not the appropriate option. This way, clients have the opportunity to successfully repay their small business loan, improve their credit score, and access additional capital at better rates in the future.
Our loan is different due to our unique combination of accessibility, affordable rates, and fast turnaround. While banks offer the best rates, in today's financial climate the more traditional term loans are often nearly impossible for a small businesses to access. On the other hand, cash advances might be more accessible but the rates are often upwards of 125%. Our loan offers quick turn-around with reasonable rates.
Residents of the following states not eligible. CA, NV, ND, SD, VT
Call Now
If you're looking for a business loan and have a business that meets the requirements above, feel free to give us a call at 1-877-464-3700 today to learn more about our Loan Program
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