Business Funding in Las vegas
Nothing much needs to be said about Las Vegas, the city famed for its 24 hour casinos and night life. There are numerous small and medium sized businesses that operate in Las Vegas which make up the heart of the city’s economy. Businesses always require business funding to grow or to remain competitive and many other reasons.
Traditionally, when small and medium businesses required funding they went to banks, however banks do not approve business loans quickly or easily. The reason for this is because banks have a number of stringent qualifying criteria. Credit scores need to be over 700, profit and loss statements need to be good as with tax returns, sometimes personal financials of business owners are also required. Long story short banks want to make sure their investment is not going to go south,
In addition to this banks also take their own time to satisfy their criteria, and can keep requesting additional documents. This is a time consuming and painful process for most businesses, and many lose interest due to the delays.
Private lenders such as Funding Easily offer merchant cash advances in Las Vegas and this provides small and medium businesses with the perfect solution they require. Businesses can now apply for small business loans online at Funding Easily which is a quick, convenient and an easy process. If the application goes well, a small business owner can have the funds in their account in as little as 48 to 72 hours from the time of submitting the application.
The advantages that private lenders offer are very flexible and easy to meet criteria. No collateral is required, no security of any kind and no personal guarantees. In addition to that a credit score in the 500s will work also. To qualify the business needs to be over 12 months old, and the business needs to have a gross sale of $15 thousand a month or more. These are the primary conditions, in addition to that the business owner should not be currently in bankruptcy.
For more information related to how to apply for small business loans, click the link below and our funding team will be more than happy to provide you with the information, and assist you in filling up the application.
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