Cash Advance San Diego
There are numerous small businesses that require business loans, and banks are not their best bet at that time. We do provide small businesses with cash advance San Diego, and our procedure is simple and hassle free. Banks as we stated are simply not keen on providing small businesses with loans because small businesses are considered to be a high risk investment by banks.
As a private funder we do provide numerous small businesses with cash advance loans San Diego and our qualification criteria are simple and easy to meet. Banks on the other hand are not keen on funding small businesses, and as a result their qualification criteria are better suited to corporations and big businesses. Mentioned below are our qualification criteria;
- The business owner should not be in active bankruptcy at the time of the loan application.
- The business needs to be at least 12 months old and a running business at the time of the loan application.
- The gross income of the business needs to be at least $10 thousand a month.
These are the very simple criteria that we have, and as a result most small businesses have absolutely no problem qualifying for them. With these requirements and the rest we try to ensure that, you have a hassle free and easy experience while applying for a cash advance in San Diego. As we stated banks have a complicated list of criteria, which are completely different from the criteria that we have.
Merchant Cash Advance San Diego
The credit score is something that most small businesses get stuck with when it comes to bank loan applications. Typically, banks require credit scores that are at least above average or in the range of 700s, and most small businesses do not possess these excellent credit scores. We however do not require excellent credit scores, and work with below average credit scores as well. So if your credit score is low and you still require the funding then we have the solution for you.
The time frames associated with our funding is also very quick, and at the earliest we are able to provide you with the funding you require in 48 to 72 hours. At the most this would be a week to 10 days. Banks on the other hand take as long as banks take, and they are in no hurry to fund small businesses.
Also we do not require collateral and security to provide small businesses with the funding they require, as our loans are unsecured loans. For more information related to the cash advance loans in San Diego contact us. Our funding team will provide you with the information you require and assist you with the application process.
Get the funding you need for your business in San Diego. Check out your options now