If you’re a small business owner whose applied for financing in the past you’ve probably been declined for a bank more than once. Unfortunately, a vast majority of businesses who apply for funding get rejected from traditional banks as owners who apply have an 80% chance of qualifying for a loan. One the reasons for this is because banks tend to prefer doing business with large businesses as they receive more profit from lending them funding amounts that are over $500,000.
Since most small businesses don’t have enough assets or the need for funding amounts that are that large, banks have little incentive to do business with them. Luckily for them, there are many alternatives small businesses can take when it comes to getting funding among them include receiving a merchant cash advance from lenders such as us at Smart Business Funding.
With our funding services, there’s no need for good credit or collateral to apply for funding and with our high approval ratings, your business is more than likely to be approved to receive up to half a million dollars within 2 days. All we ask is that you show that you have been in business for at least 3 months and that you make a minimum of $10,000 per month in revenue. We service businesses working in all industries except the legal service and financial provider industry. Call or text us now at 917-533-2979 if you would like to hear “yes” for change when it comes to getting funded.