There is no need to wait to apply for instant small business loans if you require
it now. Our criteria and procedure are simple and most small and medium sized
business easily qualify for the funding that we provide them with.
As a private leader Funding Easily is one
of the more popular lenders amongst small businesses. Our qualification
criteria are simple and easy to qualify for, and the overall experience of
applying for a loan with is easy and hassle free. Mentioned below are our
qualifying criteria, and these are easy and reasonable criteria that most small
business can achieve.
1.
The business must be at least
12 months old, and a running business.
2.
The owner of the business
should not be in active bankruptcy at the time of the loan application.
3.
The gross income of the
business must be at least $10 thousand or over a month.
These are basic and easy criteria for any
small business to qualify for, and as a result we provide instant business line of credit to numerous small businesses. In
comparison to the funding criteria of banks, our criteria are simple. Banks on
the other hand have a long list of complicated criteria that makes it difficult
for small businesses to qualify.
There are other features that are also
associated with the funding that we provide, such as how we handle low credit
scores. We often work with businesses whose credit scores are below average,
and even in the mid-500s, and we fund them as well. This is something that one
cannot expect from the
bank. Banks require credit scores that are at least
above average, and preferably in the 700s or above.
In addition to this we do not ask small
businesses to provide collateral and security of any kind to provide you with an
instant small business loans, as our
loans are unsecured. Banks on the other hand will always require collateral and
security according to their banking norms.
The processing time we have is also a lot
quicker than those of banks. Our processing time can be as quick as 48 to 72
hours from the time we receive the funding application. Banks will take
anything from a couple of months to possible more.
For more information related to the instant business loan contact us. Our
funding team will provide you with all the information you require, and in
addition to this will also help you with your application. On the other hand if
you want to fill the application yourself simple click on the ‘apply now’ tan
and fill the form.
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