Funding Easily provides loans for business owners easily and in a hassle free manner. For small business owners who have visited the bank, they would know that the banks are not interested in lending to small businesses. The qualification criteria that banks have in place are better suited to meet the requirements of big businesses. As a result of this over 90% of all small business loans are rejected by the banks.
Funding Easily is a private lender, popular amongst small business owners for various reasons. Our qualification criteria are easier and more practically well suited to meet the requirements of small businesses. Mentioned below here you can read the criteria that we have and ascertain for yourself whether you qualify for the funding or not.
1. The business needs to be at least 12 months old and a running business at the time of the loan application.
2. The owner of the business should not be in any kind of active bankruptcy at the time of the loan application.
3. The gross sales of the business every month on an average needs to be in the vicinity of at least $10 thousand or over that amount.
These are the basic and simple qualification criteria that we have, and most small business owners will be able to judge whether they qualify for the funding, based on these criteria alone. There are other features that are also associated with the loans for business owners that we provide, which make the entire process user friendly and hassle free.
Our processing time frames are very quick, and the primary reason for this is the fact that our entire procedure and criteria we have are very simple. Typically, we are able to provide small business owners with the funding they require within 48 to 72 hours at the quickest. And at the most we would take 7 to 10 days. Banks on the other hand would require at least a couple of months to do the same, and if there are any delays then the entire process would be over that period of time.
Another great feature is the fact that we do not require collateral, security or other forms of guarantees to provide small and medium sized businesses with the loans. Our small business loans are uncollateralized and this helps with making the entire process simpler and faster. The banks on the other hand do require collateral and security, to secure the investment amount they are giving out as a loan.
Also we do not require high credit scores to provide small businesses with the funding they require. Typically, we work with numerous businesses whose credit scores are in the low to mid 500s, and we do still provide them with loans for small business owners. This is a very beneficial feature for small businesses owners also, and most small businesses do not possess the excellent credit that banks require. Banks require the credit scores to be at least above average, and would prefer to work with businesses whose credit scores are in excess of 700s.