How To Find The Best Same Day Business Loan
With over 30 million small businesses in the United States, it is inevitable that companies are going to run into unexpected challenges and opportunities. Although it comes with the territory of running a business, it can be stressful, and sometimes requires quick access to capital. Knowing how to find the best same day business loan in this situation can be the key to your business’ success.
Traditional bank financing can often takes weeks to get approved for, and has much more strict underwriting criteria. 49% of Business Loan Applicants have a difficult time accessing available credit, and have to either use their personal funds, or miss out on opportunities to grow their business.
Over 80% of applicants get approved for a same day business loan, as long as they meet the minimum criteria. This gives them the ability to access capital quickly, and take advantage of the opportunities available.
3 Step Funding Process
Same Day Business Funding has simplified the funding process. By eliminating a lot of the documentation, and using an easy online application, it typically only takes minutes to get approved. Once approved, choose the terms that work best for your business, and get funded. It’s really that simple.
Same Day Business Loan Options
Working Capital
A Business Working Capital Loan is a short-term, revenue based loan that is a great option for Business Owners that have bad or challenged credit.
Term Loans
A Business Term Loan typically has a fixed funding amount, with fixed terms, and can be used for any number of business expenses.
Line of Credit
A Business Line of Credit, is a revolving credit line for your business. Like a typical line of credit, you can pull from the credit line as-needed.
Compare Loan Options
It is the same application process for each program. If you are unsure which loan will work best for your business, you can complete our easy online application, and we’ll put together some options for you to review.
Benefits Of A Same Day Business Loan
- Easy Online Application Process
- Fast Funding Process
- Flexible Terms & Payment Options
- Works With Almost Every Industry
- Minimal Documentation Required
- Bad Credit OK
What Are The Eligibility Requirements?
These same day business loans can be used to help companies in almost every industry, and of almost every size. Even newer companies, or Business Owners with bad or challenged credit are eligible to apply.
Your business just needs to meet the following criteria in order to be eligible to apply:
- 3 Months Time In Business
- Minimum Of $10k In Monthly Revenue
Whether you have been declined in the past, have bad credit, or your business doesn’t meet the criteria for a traditional bank loan, feel free to submit our easy online application, or contact us, to get approved today.
