Small Business Funding specializes in finding small business owners in need of fast capital with no collateral business loans. Additionally, our extensive network of alternative lending partners helps us attain a 90% approval rate for our merchants. We work diligently on your behalf to find you the capital you need fast. Our goal is to make the process as hassle free as possible:
No collateral business loans are difficult to get from traditional banks. Usually, they would want some sort of collateral for you to pledge in addition to a personal guarantee. When you do not have sufficient collateral you are stuck. Small Business Funding believes that your performance as a business owner should be the primary factor in receiving no collateral business loans and not whether you own a building. The alternative lenders that Small business Funding works with does not require collateral. Their proprietary underwriting allows them to make lending decisions without securing collateral.
While this may seem risky, they have the experience behind them to reduce risk considerably and to look at business performance foremost. No collateral small business loans have higher fees than that of a traditional bank loan. It is not considered a rate rather a cost of “fast money.” If you receive a merchant cash advance it is not a loan at all as there is no term and if it’s an unsecured small business loan it is actually an advance against future receivables. The alternative lender determines what you pay back based on your industry, cash flow, seasonality, average daily bank balances, and many other factors. Each lender has their “secret sauce”. Regardless, Small Business Funding helps by making the entire process as seamless as possible for the merchant.
About Small Business Funding: Small business funding wants to help you get the working capital you need to expand your business and keep you growing . Welcome to our family – we look forward to serving you. Apply for a business loan today.