For small business owners who are looking for a cash advance loans for bad credit we provide them with those, easily and quickly. The entire process is quick and simple, and we do advise small business owners to be ‘decided’ about the funding.
Banks do not fund small businesses enthusiastically, and the reason for this is because they consider small businesses to be ‘high risk investments’. In addition to this their qualification criteria are very stringent for small businesses, and as a result over 90% of all small business loan applications are rejected by the banks.
We do provide small businesses with the funding that they require and as a result our qualification criteria are also very reasonable. Mentioned below here are our qualification criteria and looking at these any small business owner will be able to ascertain for themselves whether they qualify for the funding or not.
1. The owner of the business should not be in bankruptcy
2. The business needs to be at least 12 months old
3. The gross income of the business needs to be at least $10 thousand
4. The business needs to be a running business.
These are the easy and reasonable qualification criteria that we have enabling almost every small business to qualify for the funding. Additionally, there are also other features that are associated with the funding that we provide, which make the entire process easier and quicker, mentioned below here.
Collateral is something that we do not require to provide small businesses with the instant small business loans. All our funding is unsecured and uncollateralized, and this is a good feature for many small businesses who do not have the collateral that banks require.
Credit scores are also not a limitation for small businesses, we do provide fast business loans and this is a feature that banks do not have. Generally, banks do not entertain applications whose credit scores are below 700.
The processing time frames that we have are also very quick, and typically we do not require a lot of time to process the application. At the quickest we can process and application and provide you with the information you require within 48 to 72 hours from the time of the application. At the most we will require a week to ten days not over that.
For more information related to the quick business loans contact us. Our funding team will provide you with the information you require, and also assist you with the application form. Alternatively, you can click on the ‘apply now’ tab and fill in your details there.