How to get a cash advance loan for small businesses?

There are many small businesses that are looking for business cash advance bad credit, however they do face a bit of a problem when it comes to securing those from the bank. The reason for this is because banks are not keen on funding small businesses, as they are considered to be a ‘high risk investment’. Banks prefer to funding big businesses and corporations.

Funding Easily is a private cash advance company and we provide business cash advance bad credit. Our criteria are very different from those of the banks, and there are literally no similarities in the requirements and criteria to provide cash advance America. The qualification criteria that we have are mentioned below as mentioned here.

1.       The owner of the business must not be in any form of active bankruptcy at the time of the application.

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

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

These are simple and easy criteria to meet for any small business, to meet the requirements that we have for cash advance loans online. These criteria are very different to those that the bank has, and typically banks require many features that start from high credit scores and go through the financials of the organization to determine the risk factors of the small business. Due to these reasons, banks end up rejecting over 90% of all small business loan applications.

Funding Easily as a small business loan provider does not require high credit scores to provide you with a cash advance USA. We often work with credit scores that are in the mid to low 500s and fund them as well. Typically, banks require a credit score that is above average and preferably near 700s or above that as well.

There are yet other advantages that are offered by us to make the entire process of cash advance bad credit more reasonable for small businesses. We do not require collateral and security as we estimate the risk factors based on our qualification criteria mentioned above. Banks on the other hand do always require collateral and security to secure the funds they loan out anywhere.

The processing time frames that we have to provide small businesses with the cash advance loans for bad credit they require is also very quick. The quickest we are able to provide small businesses with the funding they require is within 48 to 72 hours, and at the most that time frame would be about a week to 10 days. Here again, banks take a month to a couple of months to provide small businesses with the funding they require, and banks do not provide cash advance loans no credit check.

For more information related to the instant small business loans that we provide, contact us. Our funding team will provide you with the information you require, and assist you with the filling in of an application as well. Alternatively, if you would like to fill the online application that we have on our site, simply click on the ‘get started’ tab and fill the application for the cash advance online no credit check.