Retail Business Loans

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There are numerous small businesses that require retail business loans , and we provide them with those, easily and our process is also quick and hassle free. For small businesses getting the funding from us is not a problem at all and we will provide it freely and happily. We do advise small businesses such as retail stores about being sure regarding the purpose of the funding and so on. Reason being as a private funder we are mindful that small businesses make up the spine of the economy, and would very much like to see all small businesses in excellent financial health.
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Banks on the other hand have a different approach to funding small businesses and medium sized businesses, and would rather not. The reason for this is because banks and other financial institutions consider small businesses to be &lsquo;high risk investments&rsquo;. As a result of this, the qualification criteria that banks have is very stringent, and most small businesses fail to make the cut. Due to this the total number of applications that are rejected or fail to clear the qualification criteria of banks is over 90%.
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We do however provide funding to small and medium sized businesses, and our qualification criteria are very reasonable and practical for small businesses. Mentioned below here are our qualification criteria, and based on these most small business owners will be able to ascertain for themselves whether they are able to qualify for the funding or not.
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1. The owner of the business should not be in any form of active bankruptcy at the time of the application. If they were previously, they need to be discharged from it, to qualify for the funding for retail business.
2. The business needs to be at least 12 months old and a running business at the time of the loan application.
3. The gross income of the business needs to be at least $10 thousand or over that amount in a month.
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That&rsquo;s it! Those are our qualification criteria. Based on these you would be able to ascertain for yourself whether you qualify for the funding or not. Also mentioned below here are the other important things that we do not require from small businesses to provide them with the funding.
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We do not require high credit scores to provide small businesses and medium sized businesses with the funding they apply for. The reason for this is simple, we do not require high credit scores because they are not part of our qualification criteria. We often work with credit scores that are in the low to mid-500s, and we do fund them. Banks on the other hand would prefer to work with small businesses whose credit scores are in the 700s if possible, otherwise the credit scores need to be justifiably good for the bank to fund.
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Also to provide you with best small business loans we do not require small businesses to provide us with any kind of collateral and security. Our funding is uncollateralized and as a result of this we do not require any form of persona guarantees and security deposits etc. Banks on the other hand do not provide uncollateralized loans to small and medium sized businesses.
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Also our processing time frames are very quick, we are able to at the quickest provide you with the funding you require within a span of 48 to 72 hours from the time we receive the completed application form. At the most we will take a week to ten days to provide small businesses with the funding they require.
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Banks on the other hand are a different story, because of the stringent qualification criteria they have, there is no humanly possible way of working as fast as we do. At the quickest a bank will give you an update in a couple of months, or over that period of time. For more information related to the retail business loans in USA that we provide, contact us. We will provide you with all the information you require and also assist you with the filling in of the application form.
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Retail Business Loans

Retail Business Loans

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