Small Business Loans no Credit Check
The small business loans no credit check that we provide are easy to obtain, and we fund very fast. This is not the problem at all from our side although. We are aware that many small businesses have this as their primary concern. We do however ask all our customers to be sure about their decision. This is very important, and that is because small businesses make up 99.7% of the economy of the United States. As a result of this. The health of small businesses is very important to the economy and we would definitely want to see small businesses doing well.
We do however provide small businesses with the small business loans no credit check that they require. Our qualification criteria are completely different from those of the banks. Based on the criteria that we have, almost all small businesses can apply for the funding that we provide. Mentioned below here are our qualification criteria;
- The business needs to be at least 12 months old and it needs to be a running business as well.
- The owner of the business should not be in any kind of bankruptcy at the time of the loan application, and if they were they should be discharged from it.
- The business gross monthly income needs to be at least $10 thousand or over that amount.
These are the simple criteria that we have, and based on these any small businesses owner can ascertain for themselves. Whether they qualify for the funding or not. Typically, most small businesses find these criteria very reasonable and workable for their business small business financing. This helps in making the entire process more hassle free and quick for the small businesses owner.
Small Business Loans No Credit
The time frames that we have are very quick to say. The least to provide small businesses with the bad credit small business loans. At the quickest we are able to provide small businesses owners with the funding that they require small business loans no credit check. Get funded within 24 to 48 hours from the time of the loan application. At the most we would take a week to ten days to provide the funding. Banks on the other hand do not provide the funding so quickly. And as a result of this they will take at least a couple of months to do the same.
We do not require high credit scores, and the reason for this is because the credit scores are not a part of our qualification criteria. We often work with small and medium sized businesses whose credit scores are in the low to mid-500s. Banks on the other hand will not fund small businesses. Whose credit scores do not meet the necessary requirements related to their criteria, and required credit scores.
Collateral is the last thing that we do not require, and the reason for this is also very simple. This is very beneficial to small businesses, many of whom do not have the necessary collateral that the banks require.
Hassle Free And Easy Application And Processing