#small business loans for bad credit
Get Your Cash in 1 2 days!!
Get the funding your business needs in less than 24 hrs! Plan include no fixed payments, making repayment a breeze. Payment are made base on a small percentage of your business total sales allowing you to focus on other important things, your customers.
- Minimum 500 Credit Score
- Business must be open minimum 3 months
- Business must generating income minimum $5,000 a month
- Require last 3 months of your business bank statements
- Loan amount based on business cash flow
- Funding range: $2,500 $1,000,000
- No fee. We do not charge any fees for this program
- Cash deposited in to your bank account
- Approval in 1-8 hours, Money ready in 1-3 business days
Let s see some FAQs:
Q: How does your Business Loan program work?
A: We offer business financing with flexible loan amounts and fast loan process. Qualifying is very simple. We ask for a 3 months of your business bank statements. We don t care about your personal credit history; we focus on your business. We have 3 24 month terms for repayment.
Q: Are you going to check my credit?
A: Yes, but we lend base on your business cash flow not your personal credit.
Q: Does my business qualify for a Business Loan?
A: If your business is running for over 90 days with at least $5,000 in bank deposits per month, you qualify to apply for a business loan.
Q: How can I use the capital when I receive it?
A: Any way you like. You can purchase additional inventory, advertise, expand, pay debt, payroll, renovate or down payment for your real estate investment. It is completely up to you.
Q: How much will I get?
A: Through our business loans, you may receive $2,500 $1,000,000 based on the revenue generated by your business.
Q: Can I pay off the loan early without being penalized?
A: Yes, unlike traditional money lenders, we don t charge a pre-payment penalty at any time.
Q: When will I get the money in my account?
A: If everything is in place, you will receive the funds in as little as 24-48 hours from when you complete the application.
Q: Can I get more money down the road?
A: Absolutely, once you get funded the first time, we begin building a relationship with you. This enables us build your business credit with us in order to provide you with more funding when you need it most.
Q: I ve been denied by my bank before. Can I still get a loan?
A: Yes, our system judges businesses differently than the banks, with a focus on your business cash flow instead of personal credit scores or collateral. This means that we can lend to many businesses who may have been denied by their bank.
Q: What business industries do you work with?
A: We work with over 250 different kinds of businesses. We make loans to restaurants, auto repair shops, retailers, doctors, beauty salons, construction companies, real estate and many other service providers. All industry can be accepted.
Q: What fees are you charging? There is any upfront fee?
A: We do not charge any upfront or any back end fees, we do not charge any fee s!!
Q: What is the interest rate?
A: There is not simply interest rate, for this business loan program we calculate interest different way; for $1 borrowed you have to pay back $1,10 $1,15 depends of your business condition and loan term.