How to get a quick unsecured small business loans?

There are numerous small businesses that require unsecured business funding and we provide them with that easily and quickly. The entire procedure of our funding is hassle free from start to finish, and small businesses can easily get the funding they’re looking for. However, we do ask small business owners to be ‘decided’ about the funding before they apply for the funding.

Small businesses comprise of 99.7% of the overall number of businesses in the United States, and as a result are very important to the domestic economy. Banks do not like to fund small businesses for the simple reason that they consider them to be high risk investments. As a result of this they have very stringent qualification criteria for small businesses. Due to these criteria over 90% of all small business loan applications fail to qualify for the funding they require.

We provide small businesses and medium sized businesses with the unsecured business loans they require, and our qualification criteria are very simple and practical. Our qualification criteria are not only different from those of the banks, they are also very simple and realistic for the small business owner. Mentioned below here are the qualification criteria that we have, and based on these any small business owner will be able to ascertain whether they qualify for the funding or not.

1.       The business needs to be at least 12 months old or over that.

2.       The business should be grossing at least $10 thousand a month.

3.       The business owner should not be in any form of active bankruptcy.

4.       The business must be a running business.

These are the criteria that we have, enabling most small businesses to qualify for the funding they require with us. In addition to this there are also other features that ensure that the entire process is easy and quick, as mentioned below here.

The processing time frames that we have are pretty quick, and we can process the entire application and provide the bad credit small business loans as quickly as 48 hours. At the most we would take a week or ten days to complete the processing at the latest. This is due to the fact that we have very simple qualification criteria, and this means we don’t require a lot of paper work. Banks on the other hand do require a lot of paper work due to their stringent qualification criteria. The paper work we require is the last 3 months business statements and the application form.

Credit scores are something we don’t focus on, as they are not mentioned in our qualification criteria and do not determine whether a business qualifies or not for the funding. Banks on the other hand do not work with small business whose credit scores are less than 700. We often work with businesses whose credit scores are way below average and do provide them with the fast unsecured business loans.

Collateral is something else that we do not require and this is because our funding is unsecured and uncollateralized. Collateral is something that is not part of our qualification criteria, and as a result we do provide businesses with the funding they require without any form of collateral and security.

For more information related to the bad credit business loans that we provide, contact us. Our funding team will assist you. On the other hand if you wish to fill in the application yourself, simply click on the ‘apply now’ tab and fill in your details there.