For all the small businesses in the USA region who are looking for fast business loans. We provide them with that, in a hassle fee and user friendly manner. Banks are not very interested in funding small and medium sized businesses, and the reason for this is simple. Small businesses for the banks are ‘high risk investments’, as a result of their stringent criteria and 90% of all small business loan applications are rejected by them.
Funding Easily is a small business private funder, and we provide easy business loans to small businesses easily. Our criteria are reasonable and uncomplicated, which allows small businesses to qualify without a problem. Mentioned below here are our funding criteria, based on these you would be able to asses if you qualify for the funding or not.
Our criteria are as follows;
1. The business needs to have monthly sales of at least $10 thousand or over that amount.
2. The owner of the business must not be in any form of active bankruptcy at the time of the loan application.
3. The business needs to be at least 12 months old and a running business at the time of the loan application.
These are simple criteria, and most small businesses are able to qualify for the funding as a result. The entire process that we have is simple and stress free.
The other benefits of working with us are the fact that we do not ask small businesses to provide us with collateral or security. These are not part of our criteria, and we don’t use fluctuating credit scores to assess the stability or the risk factors associated with a businesses. We often work with credit scores that are in the low to mid 500s, and fund them. Banks on the other hand do not work with credit scores that are below average, and in fact prefer credit scores that are in the 700s.
Also, the processing time we take to provide small and medium sized business with instant business loan is as little as 48 to 72 hours at the quickest. At the latest we are able to do the same within a week to ten days at the most. We can tell you that banks take a couple of months as they are in no rush to finance small businesses. They are required to assess all the possible risk factors in-depth, which does take time and additional paper work.
Collateral and security are other features that are also not a part of our requirements. Typically, we provide uncollateralized loans, and this means we don’t ask for collateral and security or personal guarantees. Banks do not provide uncollateralized loans, and would require all those. For more information related to the instant business loans contact us.