Business Funding in Omaha
For a small business owner looking for a business loan, there are few better options that approaching a private lender such as Funding Easily. The reason for this is simple, banks are not very enthusiastic about providing loans to small and medium sized industries.
Some of the basic features that are associated with bank funding are as follows; the credit score of the applicant needs to be in excess of 700, banks do not provide business loans with poor credit. The business needs to possess strong financials, including deposits and ending balances every month. The business owner’s personal financials need to be good, tax returns need to be good, and the business needs to be in excellent health.
Funding Easily does not require excellent credit to provide you with a merchant cash advance. Our funding criteria are as follows; the business needs to be at least 12 months old, the minimum gross sales of the business needs to be at least $15 thousand. In addition to this the owner of the business should not be in active bankruptcy at the time of application.
In addition to this we do also provide business loans for professionals which banks are not keen on funding. The reason banks are not keen on funding small businesses or self-employed professionals is because of the high risk factor. Typically, banks believe based on years of experience that small businesses funding is a high risk investment, and simply put banks want to do everything they can to protect their investments.
Realistically speaking small business owners require funding for purposes such as working capital, expansion of their business, inventory, and equipment and so on. Also taking into consideration the current economic scenarios, some of the stringent criteria of banks are now out dated.
Funding Easily provides business funding for small businesses as well as loans for professionals, for more information related to this, contact us. Our funding team will assist you with the information you require, and also assist you with filling in the application if required.
Omaha is great place for new investment. Check out your options now