How small businesses can get instant business loans?

For the many small business owners who are looking for the instant small business loans we provide them with that. Our requirements are very simple and we provide the funding to small businesses very quickly as well in a hassle free and stress free manner. Our only real request to business owners is to be decided about the funding that they are applying for before they apply.

Generally banks do not fund small businesses because they consider them to be high risk investments. As a result of this, banks generally have qualification criteria in place that are very stringent, and due to this over 90% of all small business loan applications are rejected almost instantly.

We do however provide small businesses with the instant business loans they require, and our qualification criteria are very different from those of the banks. Typically, but looking at the criteria that we have mentioned below here, any small business would be able to determine for themselves whether they will qualify for the funding or not.

1.       The owner of the business should not be in any form of active bankruptcy

2.       The business should be at least 12 months old

3.       The business needs to be grossing at least $10 thousand a month.

4.       It should be a running business to qualify

These are the very simple criteria that we have, and based on these criteria any small business owner will be able to ascertain for themselves whether they qualify for the funding or not. Also mentioned below here are the other features which make the entire process simple and hassle free.

The business credit score does not matter to us, and for a small businesses possessing high credit scores is not a criteria to receive the instant business loans online. We often work with businesses whose credit scores are in the low to mid 500s, and we do fund them without a hitch. Banks on the other hand do require high credit scores, and will not work with businesses whose credit scores are less than 700s.

The processing time frames that we have are also very quick and typically we can provide a small business with the funding they require within week to ten days. At the earliest we will be able to provide a small business owner with the funding they require within 48 to 72 hours from the time we get the completed application form.

All our funding is unsecured funding, and this is a very positive feature for many small businesses, as the majority of them are unable to come up with the collateral required by banks, and other financial institutions. Typically, the collateral that banks and financial institutions require needs to be worth at least double of the loan amount.

For more information related to our instant business loan contact us, our funding team is available Monday to Friday during regular working hours. Alternatively, if you wish you can click on the ‘apply now’ tab and fill in your details there itself.

Business Loans Quickly

There are numerous features that are associated with the business loans, banks and private funders offer these and the features are completely different for each. Generally banks are not in favor of funding small businesses and the reason for this is simple, banks consider funding small businesses a ‘high risk investment’.

As a private funder Funding Easily does provide instant small business loans to small businesses, and our qualification criteria are simple and practical, thus enabling small business to qualify for funding. Mentioned below here are our qualification criteria.

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

2.       The business should be at least 12 months old and a running business for that duration of time.

3.       The gross monthly sale of the business needs to be at least $10 thousand or over for the business. This would be before taxes and expenses.

These criteria are very different from those of banks, and there are many reasons that it is so. Small businesses generally are unable to qualify for bank loans, no matter how hard they try. In a way the criteria of banks are designed to weed out those with weaker credentials. As a result on an average 90% of all small business loan applications are rejected by banks. On an average banks do not provide fast business loans, and basically there is no procedure of speed of funding associated with banks.

There are other advantages associated with the funding we provide for businesses. As mentioned here we do not require high credit scores. On the contrary we often work with credit scores that are below average and at times in the mid to low 500s, and we still provide them with instant business loans. Banks on the other hand require high credit scores and will not entertain an application whose credit scores are not above average or in the 700s.

To know more about our quick small business loans contact us. Our funding team will provide you with the information you require. On the other hand you can click on the ‘apply now’ tab and fill in our easy form yourself.