There are many business owners who require
business loans, and may not be able to get one. We provide loans for business owners and our funding is
quick and also hassle free for business owners. Small and medium sized
businesses have absolutely no problem getting business funding from us, and we
generally provide the funding very quickly. We do however advise small and
medium sized business owners to be decided about what they plan to do and which
direction they plan to take their businesses in. Small businesses are
typically, the spine of the economy, and we want to ensure that small
businesses do well and as a result the economy.
Banks are not very interested in funding small
businesses for various reasons, and one of those various reasons is that they
consider small businesses to be ‘high risk investments’. Banks also have very
stringent qualification criteria for small businesses and most fail to make the
cut. As a result of this, over 90% of all small businesses loan applications
are rejected by the banks.
We provide small business owners with loans for business owners with poor credit,
and our qualification criteria are very simple as well. Based on the criteria
that we have most small business owners can determine for themselves whether
they qualify for the funding or not. Mentioned below here are our qualification
criteria;
1.
The gross income of the business needs to be at
least $10 thousand or over that amount in a month.
2.
The owner of the business should not be in any
form of active bankruptcy at the time of the application. If the owner was in
bankruptcy before, they should be discharged from it.
3.
The business needs to be at least 12 months old
and a running business.
These are the very simple qualification
criteria that we have and based on these, any small business owner would know
whether they qualify or not. Also mentioned below here are the other features
that make the process hassle free and easy.
The processing time frames that we have to
provide small businesses with the funding that they require is also very quick.
Typically, we are able to provide small businesses the funding that they
require within 48 to 72 hours from the time we receive the completed
application. At the most we would take on an average 7 to 10 days and not over
that. Banks on the other hand, due to their stringent qualification criteria do
require a lot more time, and would take approximately 2 months at the least.
We also do not require high credit scores,
and typically work with credit scores that are in the low to mid-500s, and we
do provide them with loans for small
business owners. We do not require high credit
scores simply because we do not use these to estimate the risk factors
associated with a business, as credit scores are subject to change based on a
wide variety of factors. On the other hand banks do require very high credit
scores, and would be happy to work with businesses whose credit scores are in
the 700s. Banks will not work with credit scores that are below average or even
average.
Additionally, collateral is something that
we do not require also. The reason for this is also because the funding that we
provide is uncollateralized funding or unsecured funding. Banks on the other
hand do not provide small and medium sized businesses with unsecured loans.
Get the business financing that you need today with a SBA loan today. Hassle-free approval! Hassle-Free. No Ballooning. Minimum 650 Credit Score. Bankruptcy OK. Highlights: Fast, Easy & Affordable Funding Solutions, Hassle-Free Application, Fast Approval.Email: capitalfunding454@gmail.com
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