Do I qualify for Small Business Financing?
Do I qualify for small business financing? Alternative lenders like Capital for Business offer a business model much different from your traditional banks and credit unions. We offer small business financing that the typical business owner would never be approved for at banks or credit unions, it’s very true when we say ” When Banks Say NO, We Say Yes”. To put it simply we look at business lending differently.
Capital for Business has become extremely popular with business owners nationwide as we ultimately save the business owner time and money. You the business owner will be able to shop and compare rates from our vast network of over 150+ industry top lenders. With several different loan options including small business loans, working capital loans, merchant cash advance, business line of credit, short-term business loan, invoice factoring, equipment financing, and purchase order financing Capital for Business will make the loan process fast, simple, and affordable.
To qualify for a business loan, at a minimum you should have:
- Credit score: Our Marketplace of alternative lenders will not judge you based on any low credit scores, the decision is based on the overall health of your business
- Time in business: business – 3 months
- Revenue: ideally an average of $5,000 per month
What documents do you need to provide?
- Capital for Business needs to see a business checking account – we will use this to analyze your business’s last 3 to 6 months of statements
- Other documents will depend on the marketplace lender you’re approved with.
For example, you may also need:
- Merchant Credit Card Processing statements – 3 to 6 months worth ( Merchant Cash advance only)
- Tax returns – only the most recent ( on approvals of $150k or higher )
Apply in just 5 minutes
Apply online in just a few minutes
- Tell us about your business
- Tell us about you
- Connect your bank account
- Applying won’t impact your credit score
Our team will contact you
to go over your best business loan options
Our knowledgeable team of advisors will help you choose the best small business loan.
Your business receives funding fast
Our technology makes it possible to have your funding decision within hours. Funds available in as little as 24 hours.
Whether you need urgent cash to cover a temporary deficit, or you want to take your business to the next level, small business financing with Capital for Business can help secure the future of your company. Apply now to get the best business funding from us within 1 business day and there are no fees of any kind, applying won’t affect your credit score and the application will take you less than 5 minutes.