Unsecured business loans for small businesses with poor credit

For business owners who are looking for unsecured business funding we provide them with that, and our funding quick and easy. As a result of this, almost every small business can apply for and receive the funding that they require. We do however request all small business owners to be ‘decided’ before they apply for the funding.

Small businesses comprise of 99.7% of all businesses in the United States, and make up a significant portion of the economy of the US. Banks do not provide small businesses with the funding they require easily as they consider small businesses to be ‘high risk investments’. Due to this over 90% of all small business loan applications are rejected by the banks.

We provide small businesses with the unsecured business loans that they require, and our qualification criteria are completely different from those of the banks. Most small businesses are easily able to meet the qualification criteria that we have and are able to get the funding they require. Mentioned here are the qualification criteria;

1.       The business needs to be at least 12 months old and a running business

2.       The owner of the business should not be in active bankruptcy

3.       The business needs to be a running business.

4.       The business also should be grossing at least $10 thousand monthly or over that.

Based on these qualification criteria, most small business owners will be able to determine for themselves by looking at these criteria whether they qualify for the funding or not. Also mentioned below here are the other features that are associated with the funding which make the entire process quicker and hassle free.

The credit scores are not very important for us, as these are not part of our qualification criteria. Typically we can provide a small business with credit scores in the low to mid-500s the funding they require without a hitch. Banks on the other hand do require credit scores that are in the 700s to provide the funding.

Collateral is also not required by us, to receive our small business loan unsecured or uncollateralized loans. This is a very good feature for small businesses, as many small businesses do not have the necessary collateral to provide the banks for the funding required.

The processing time frames that we have are also very quick, and at the earliest we are able to provide small businesses with the Unsecured Business Loans Bad Credit they require within 48 to 72 hours from the time we receive the funding application. At the latest we will not take over a week to ten days to provide them with the funding. Typically, banks take at least a couple of months and cannot process the funding as quickly as us, as their qualification criteria are stringent and subsequently delays the entire process.

For more information related to the best unsecured business loans contact us. Our funding team will provide you with all the information you require, and also provide you with assistance related to filling in the application. Alternatively if you wish to fill the form yourself online, simply click on the ‘get started’ tab and fill in your details.