Business Loans with Poor Credit in New York

For small businesses looking for business funding New York we provide them with the solution they require. With our easy qualification criteria, most small business in need of business funding can obtain the funding they require. The banks on the other hand have a long list of qualification criteria and as a result of small business not being able to meet these criteria, almost 90% of all small business funding applications are rejected.

There are other features that are also associated with the funding that we provide that we will share with you here. Mentioned below here in bulletin points is our criteria for small business loans New York;

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 any form of active bankruptcy, and if they were they should be discharged from that.

3.       The business gross income every month needs to be at least $10 thousand or over.

These are the simple criteria that we have, enabling thousands of small business to qualify for the funding they require for their businesses. Small businesses require funding for purposes such as equipment, inventory, expansion, completion of contractual work, advertising and so on.

The time frames that we have are also very short, and we are usually able to provide the small businesses the funding they require in a few hours to days literally.

Other advantages of working with us is the fact that we do not require high credit scores and literally work with credit scores as low as in the mid-500s. Again, banks will simply reject an application where the credit scores are not above average. Typically, banks do require a credit score that is near 700s or above to process the application, or they will reject it based on poor credit.

Also we do not require collateral or security of any kind, for the simple reason that our loans are unsecured loans. Banks on the other hand will always ask for collateral from small businesses, and if the business is unable to provide that then their application is declined.

Contact us for more information regarding a business loans New York. Our funding team will provide you with the information you require and also assist you with the application form. Additionally, if you would rather fill in the application form yourself, simply click on the ‘apply now’ tab and fill in the simple form.