Do I Qualify
A lot of what is going to determine which loan you take is whether or not you qualify for the lender’s terms. Businesses that are looking for a loan from an outside lender are usually having trouble working with their bank so you don’t want to wind up with another method of funding that is not going to provide the assistance that you need.
We try to eliminate the frustration of looking through loans that are not appropriate for your needs by having you fill out an initial request that outlines what your business model is and how much money you need. Each lender we work with has different criteria and different types of loans that they offer so we will eliminate any that are not appropriate for you. Then we will provide you with a list of loans that you do qualify for and the rates that each offers. You can look through this information and decide which is the best choice for you to finish your request.
If your business is still growing or you do not get consistent payments from customers this does not mean that you are not going to be able to find a loan. Different lenders take different types of payment plans so you will be able to find something that will have a repayment plan that works with the revenue your company generates. There are different types of loans that vary their repayment plans based on how companies generate money to address these issues.
Do not be afraid that you will not qualify for the loans available. We work with hundreds of different lenders to help to ensure that anyone who is looking for a business loan will be able to find something suitable. This also helps to ensure that you will qualify for a variety of different loans so you can compare different rates and payment plans to find a loan that will be the most helpful to you without putting pressure on your business to try to afford a repayment plan that doesn’t fit your current business model and income levels.