Unsecured business loans for retail stores and small businesses

There are many small businesses who require unsecured business loans, and we provide them with that, without any hassles and our process is quick and easy. Such small businesses will have a problem securing the loan they require from the bank for various reasons. Banks are not interested in funding small businesses as they are considered to be high risk investments. As a result of this the qualification criteria that banks have is very stringent, and over 90% of all small businesses are unable to meet these criteria.

We provide small businesses with the unsecured business funding that they apply for, and our qualification criteria are completely different from those of the banks. As a result of our practical and reasonable qualification criteria, most small businesses owners are able to qualify for the funding we provide. Mentioned below here are the qualification criteria that we have, and based on these any small business owner will be able to ascertain for themselves whether they qualify for the funding or not.

1.        The business needs to be at least 12 months old and a running business that too, to qualify for the unsecured business line of credit.

2.       The owner of the business should not be in any kind of active bankruptcy at the time of the loan application.

3.       The gross income of the business needs to be at least $10 thousand or over that amount.

These are the simple qualification criteria that we have, which enable most small businesses to qualify for the funding. In addition to this the rest of the application process and formalities are also very user friendly and provide small business owners with a hassle free experience.

The processing time frames that we have to provide small business owners with the unsecured business funding are very quick. Technically, we are able to get the money to small business owners within a few hours at the quickest. The quickest we can provide the funding is within 48 to 72 hours from the time of the application. At the most we would take a week to ten days to do the same. Banks on the other hand take a couple of months at the least and over that period of time. Banks are in no hurry to fund small businesses, so processing time frames are nothing for them.

Our loans are unsecured loans with bad credit. The credit scores also don’t matter to us, and we work with credit scores that are in the low to mid 500s, and we do fund them. The reason for that is because credit scores are not part of our qualification criteria and don’t qualify or disqualify the recipient of the applicant of the loan for the funding they require. Banks on the other hand require high credit scores, and if a business owners credit scores are in the 700s, they stand a better chance with the banks.

Also we do not require collateral and security to provide you with fast unsecured business loans. The reason for this is because our loans are unsecured. Banks do not give unsecured loans, and not to small businesses for sure. As a result they would require collateral and security.

For more information related to the best unsecured business loans that we provide, contact us. Our funding team will provide you with the information you require, and also provide you assistance in filling up the application form. Alternatively, if you feel that you would like to fill the form yourself, simply click on the apply now tab and fill in your details yourself.