Best Small Business Loans

With poor credit you cannot get a loan from the banks for sure, however Funding Easily will provide you with a best small business loans. We provide funding to small businesses in a hassle free and user friendly manner. Our application process is simple and quick and users find it practical and convenient. Banks are not interested in funding small businesses, because they consider lending to small business ‘high risk investments’. As a result of this almost 90% of all small business applications to the bank are rejected.

Small businesses do have a tough time getting approved by the bank for a business loan. Simply put, banks prefer to fund big businesses and corporations. The qualification criteria that banks have are designed to meet the requirements of big businesses. Mentioned below here are our qualification criteria, which as you will read are reasonable for small businesses and also easy to meet.

1.       The owner of the business must not be in active bankruptcy while applying for a small business loans online with us.

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 or over that amount.

These are our simple and reasonable qualification criteria, and most small businesses have no problem meeting these criteria.

We do not require collateral and security also to provide you with the funding, and the reason for this is because our loans are uncollateralized loans. Banks on the other hand have not yet integrated such banking policies, and as a result they do require collateral always.

The processing time frames we have to provide you with small business funding are also very quick, typically we can get the funds to our customers in as little as 48 to 72 hours, and otherwise in a week to 10 days. Banks on the other hand have no such fast moving procedures and will take a couple of months at the least to do the same, and upward of that if anything.  

Credit scores are also not a very major factor in the loans we provide. Typically, we do not ask for nor do we require high credit scores. We work with scores that are in the mid to low 500s, and we do fund them as well. Typically, we do not judge the credit score to be an indicator of the risk factors associated with the business in question. Here, again banks require credit scores that are close to 700s and will not fund business with scores less than average.

More information can be gathered from our site related to instant small business loans, or you can call us. Our funding team will provide you with detailed information related to the services that we provide, and assist you with the application also if required.