Small Business Loans Bad Credit

There are numerous features that are associated with the best small business loans that we provide, and fast is one of them. In addition to this there are other excellent features that make applying for business funding with us a user friendly experience as well as a hassle free one.

Funding easily provides you with small business loans which are easy to qualify for, quick to process and our funding criteria are completely different from those of banks. So, if you have ever been turned down by the bank, why not try with us.

Our criteria are as mentioned here; the business should not be less than 12 months old at the time of the application and it should be a running business. The owner of the business must not be in active bankruptcy at the time of the loan application. Finally, the business gross income needs to be at least $10 thousand a month.

These are easy criteria and most small business qualify for these. However, this is not all and there are more features that make the process easy to work with. We do also provide small business funding as we do not calculate the risk factors based on the existing credit scores of the business. The reason for this is simple, a credit score can change based on various parameters most of which have nothing to do with the financial ethics of the business owner.

We also provide unsecured loans, and this means that we do not require collateral and security. Many small business owners are unable to fulfill the banks requirements even if their credit scores are good enough when it comes to collateral. Typically, the collateral needs to be worth twice of what the business is borrowing, and many business owners simply don’t have that.

Another feature that is a part of our services is the turn-around time for the funding that we provide. Our turn-around time is exceptionally fast as compared to the banks. At the quickest we are able to provide a business loan in 48 to 72 hours, and on an average within a few days. It all depends on receiving the application fully filled out and some basic paper work, if this is submitted quickly then it quickens the entire process.

If you’re looking for best business loans then we have the solution for you. Contact us for more information related to the funding options that we have available for you. Alternatively, you can click on the ‘get started’ tab and fill in the basic application form.

Retail Loans for Small Business

If a small business owner requires a retail business loans and has no collateral to show, will they get the loan they require? The answer to this is yes, however may not be from a bank, however they will get the funding they require.

As a private lender our requirements are very different from those of banks. Typically, banks are not keen on funding small businesses, as they consider these to be high risk investments. As a result of this on an average 90% of all small business loan applications are rejected by banks.

As a private lender Funding Easily provides small businesses with retail business loans in the US and our funding criteria are mentioned here as follows; the business needs to be at least 12 months old and a running business to qualify. The gross income of the business must be at least $10 thousand to qualify for the loan. Lastly the owner of the business should not be in any form of bankruptcy at the time of the loan application.

These are simple and realistic criteria for retail owners, and most are able to qualify for funding easily. In addition to this we do not require high credit scores either. Typically, we work with credit scores that are in the Mid-500s and we fund them as well. Our criteria are very different from those of banks, and this is the reason we are able to fund those banks will not.

Another feature associated with our retail business funding is the fact that we do not require any form of collateral or security. This is good for small business owners for a few reasons, primarily because many small business owners do not have the collateral required, and second because banks don’t provide loans without collateral. 

Also our turnaround time is very quick, at the quickest we are able to qualify and fund a business is within 48 to 72 hours. Again, since banks are not concerned with time frames and they are not in any hurry to fund businesses quickly.

More information related to business loans New York is available on our site. Alternatively, you can contact us or fill in the online application form by clicking on the ‘apply now’ tab.

Small Business Loans for Hotels

For motel and small hotel owners looking for the best source of funding for their businesses, we provide hotel loans and motel loans. As a private lender our requirements are different from those of banks to qualify the business for the funding.

To provide hotel business loans we have a very simple approach to the qualification criteria required, which is very different from the way banks do it. Our criteria are as follows, the business needs to be at least 12 months old or over, the owner of the business should not be in active bankruptcy, and the gross income of the business needs to be at least $10 thousand or over.

There are few other features that are associated with the loans for hotels that we have, which makes the entire process for small business owners easier. We do not require high credit scores, and often work with credit scores that are in the mid-500s. This is important for many small business owners whose credit scores are poor or below average. Banks on the other hand will not entertain these applications for business funding for hotels, as banks do work on the credit scores of businesses.

We do not ask for collateral and security either from small business owners for loan for hotel business, as typically many of them are not able to do so. Banks on the other hand again do require collateral and security or personal guarantees for easy business loans.

Another feature associated with the funding that we provide is the turnaround time frame. At times we are able to process the application very quickly, and this is very beneficial to small business owners. The quickest we are able to process the application, is within 48 to 72 hours from the time we receive the application.

Typically a bank will take a lot of time to do the same, as their primary concern is not getting the money to the business on time, but rather to secure the funding they are providing. This process of business loans for hotels could take anywhere from a month to a few months generally.

Contact us for more information related to hotel construction loans and hotel financing companies. Our funding team will provide you with the information and assistance you require, and also with the filling of the application if necessary.

Apply for Hotel Business Loans

There are numerous small and medium sized hotel and motels that require hotel loans, and we provide them with this easily and without a hassle. Getting the funding for small businesses is not the problem, and most small businesses are able to get the funding they require quickly and easily. We do however ask small business owners to be ‘decided’ when they put in an application for a business loan with us. The reason for this is very important and its due to the fact that small businesses comprise of 99.7% of all businesses in the United States, and as a result are the backbone of the economy.

Banks do not provide small business hotel construction loans easily and quickly, and most banks have qualification criteria that make it very difficult for small businesses to qualify. Due to this reason alone over 90% of all small business loan applications with the banks are rejected.

We do provide small businesses with a loan for hotel business that they require, and the reason we are able to do this is simply, because our qualification criteria are completely different from those of the banks.  Based on the qualification criteria that we have, almost all small businesses who require funding can qualify for it and obtain it very quickly. Mentioned below here are the qualification criteria that we have to provide you with a hotel loans;

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

2.       The gross income of the business should be at least $10 thousand a month or over that amount.

3.       The age of the business needs to be at least 12 months old or over that, and the business needs to be a running business.

According to these very basic and simple qualification criteria that we have mentioned here, almost every small business owner will be able to qualify. Also, there are other features that are mentioned below here that make the entire process hassle free and quick for you.

We do not require high credit scores like the banks do to provide small hotels and motels with hotel loans, and the reason for this is because credit scores are not part of our qualification criteria. Typically, banks require credit scores that are high, and most small businesses are unable to meet the requirements of the banks and thereby are left without a choice. Typically, banks require credit scores from small businesses that are in the 700s. 

Collateral is something else that we do not ask for nor require when we provide motel loans. The reason for this is simple as well, it’s not part of our qualification criteria. This is a very good feature for small business owners many of who do not possess the collateral that banks and various financial institutions require.

We also provide loan for hotel business very quickly, and our processing time frames are at the quickest within 48 to 72 working hours from the time we receive the funding application. At our usual processing speed we would not take over a week to ten days to provide small businesses with the funding that they require. Banks on the other hand unfortunately will take a lot more time than that, for the simple reason that banks do require a lot of paper work due to their stringent qualification criteria.

For more information related to instant small business loans contact us. Our funding team will provide you with the information you require and also assist you with filling the application form. Additionally, if you wish to fill the application form yourself, simply click on the ‘apply now’ tab and fill in the details yourself, which works as well.

Financing for Hotels

Getting a hotel loans through the bank may not always be the easiest thing in the world, and this is because banks are not keen on funding small and medium sized businesses. The lending policies of banks are quite different from that of other lenders, and they have very stringent qualification criteria.

As a private lender Funding Easily does not work with the same criteria that banks have. Our criteria are far more practical and friendly toward small business funding, typically we offer loan for hotel business and motel loans.

To qualify for the hotel loans that we provide, there are certain features that apply, these are simply as follows; the hotel or motel should be at least one year old or 12 months and running at the time of the application of the loan. The owner of the business should not be in any form of active bankruptcy at the time of the application of the loan. Finally, the gross income of the business needs to be at least $10 thousand in a month.

These criteria are easy for almost every small business to qualify for, and most of the hotels and motels that apply for hotel loans qualify for the funding. Banks on the other hand unfortunately end up rejecting about 90% of all business loan applications that they receive. Banks are in a nutshell looking to fund big business and not small businesses, as big businesses are considered to be a more secure funding option.

Additional features that are associated with our funding are also mentioned here. We do not require collateral security and personal guarantees to provide a small business funding for hotels. As a small business funder we also fall into the category of hotel financing companies, and we do also finance motels.

Other benefits of approaching a private lender for hotel business loans is that we do not demand high credit scores from the business owner. Unlike banks our qualification criteria are very simple and are mentioned above.

Contact us for more information related to loan for hotel business. Our funding team will provide you with the information that you require and assistance with filling in the application if required.