Business Loans in Miami
Whenever a small business owner applies for business loans in Miami they in actuality have a very slim chance of getting approved. This is because banks end up rejecting over 90% of all small business loan applications. The reason for this is simple, banks view investing in small businesses a very risky investment option and would rather invest in large businesses.
A private funder such as Funding Easily, has no such hang-ups and easily provides business loans in Miami to small and medium sized businesses, as well as self-employed professionals. The criteria that we have unlike banks is very realistic and reasonable as follows; the business should be at least 12 months old and running, the gross monthly income of the business needs to be at least $15 thousand, and the business owner should not be in bankruptcy.
Banks generally require a high credit score of at least 700, to touch a business application, in addition to this they do a thorough examination of all the business loans in Miami to ensure that the business is healthy. If they find any discrepancy in the financials of the business, such as a dip in income for one particular month that application will be rejected.
Small Business Loans Miami
The general reasons small business loans Miami are taken by small businesses are for purposes such as working capital, expansion of business, inventory, equipment, advertising and so on. We understand this without a problem and provide funds accordingly.
We also provide business loans for professionals and small business loans Miami. This is something that a bank would never do. Self-employed Professionals are viewed as high risk investments with the bank and they generally do not entertain business funding applications of the sort.
With us a self-employed professional or a small business only needs to qualify for the criteria mentioned above. The quickest we can process the application is 48 to 72 hours from the time of receiving the application, and deposit the money into the business account.
More information related loans for professionals can be obtained by contacting us via our toll free. Alternately, you can fill in our application form directly available on the site as well.
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