Business Funding for Women Owned Businesses

There are numerous small businesses who require women owned small business loans and we provide those easily and quickly to them. The only requirement that we have is that the business owner be decided before they apply for the funding.

Banks do not give small businesses the funding they require easily for the simple reason that small businesses are considered to be a ‘high risk’ investment for the banks. Due to this simple reason over 90% of all small business loan applications are rejected by banks.

The qualification criteria that we have to provide small business loans for women is very different to those of the banks. Mentioned below here are our qualification criteria, and looking at these any small business owner will be able to tell for themselves whether they qualify for the funding or not. Small businesses make up 99.7% of all small businesses in the United States.

1.       The business must be at least 12 months old

2.       It should also be a running business

3.       The gross income of the business on a monthly basis needs to be at least $10 thousand

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

These are the simple requirements that we have, and any small business owner will be able to ascertain whether they qualify or not. Due to this reason we are also able to work very quickly, as the formalities are negligible.

The processing time frames that we have are very quick, and we are able to provide small businesses with the funding they require within 48 to 72 hours from the time we receive the completed application form. At the most we will take a week to ten days to provide the small business with the business funding for women that they are looking for.

We don’t ask for collateral when we provide a loan for woman owned business, and the reason for this is because all our loans are unsecured. This also saves us a great deal of time, and quickens the process a lot. This is a very beneficial feature for small businesses as many of them do not have the collateral that banks and other financial institutions require of them.

Credit scores are another feature where we do are not stringent, the reason for this is because credit scores are not a part of our qualification criteria. We often work with businesses whose credit scores are in the low to mid 500s and we do fund them. Banks do require credit scores that are in the 700s to proceed with the application form.

For more information related to the business loans for women application process contact us. Our funding team will provide you with the information you require and also provide you with the assistance you require with the application form. Additionally, you can click on the ‘get started’ tab and fill in your details there, if you would prefer to fill the form yourself online.