We’re a marketplace that connects established businesses looking to borrow, with people and other investors who want to lend. By cutting out the costs and complexity of dealing with banks, you can get an affordable loan for your business in less than two weeks.
Small Business Loans Provider AC:
We help arrange short-term small business loans using the merchant’s cash flow a as the main underwriting criteria.
Pretty much all businesses except financial institutions and law firms.
- Amounts - $5,000 -$2,000,000
- Terms - 3 to 24 months
- Fixed interest rates
- Fixed payment – daily auto-payment from merchant’s business account
- No prepayment penalty-Early pre-payment bonus (to merchant)
Cost of Funds
- This varies depending upon the merchant’s monthly gross sales, how long they have been in business and other factors.
- A simple one page application is completed by the broker or merchant along with last 3 months of bank statements. In some cases other information may be required.
We work with a number of funding resources that specialize in small business lending that are able to deliver funds directly into the merchant’s account, in a matter of days, not weeks or months. Unlike traditional small business loans from banks,our loans do not require in-depth financials, tax returns, a solid credit history or even collateral. We are interested in how the business is doing today and where the business projections will lead the merchant tomorrow.