7 Best Large Business Loans & How to Pick the Right One
Many banks and private lenders advertise large business loans, but to qualify for them, you must meet unrealistic criteria. They require you to be in business for several years, have strong personal credit, explosive growth, collateral, and substantial cash reserves. It’s common for businesses to apply for large loans, only to find out after underwriting […]
Small Business Term Loans: Our Top 5 Picks & How to Choose
There are two problems small businesses run into when applying for term loans: They struggle to meet the high requirements of banks: Banks typically want businesses to have several years of operating history, perfect credit history, a strong business plan, rapid growth, and collateral, among other things. Most small businesses don’t meet these unrealistic requirements […]
How to Secure a Fast Small Business Loan on the Same Day or the Next
When looking to secure a fast small business loan, the most important factor you need to consider is the type of financing company you’re partnering with. Most lenders and big banks are slow to close. They usually take between two weeks and three months due to the extensive paperwork required, including profit and loss statements, […]
Top 5 Private Lenders for Business Loans & How to Choose
When choosing a private lender, considering a couple key factors can help you close faster and lock in better terms: What type of private lender are they? Different types of private lenders have varying paperwork requirements, closing timelines, and eligibility criteria. In our experience, revenue-based financing is typically the best option because it only requires […]
5 Quickest Business Line of Credit Providers & How to Choose One
The most important factor to consider when looking for a quick business line of credit is who you’re partnering with, because it affects: Your closing speed: Banks require balance sheets, tax returns, cash flow forecasts, and further paperwork. Gathering, submitting, and underwriting all this paperwork takes time and delays closing. Instead, choose a revenue-based financing […]
Same-Day Funding Business Loans: Get Funding with Just 4 Months of Bank Statements
Traditional banks can’t fund loans the same day because their application process requires extensive paperwork — balance sheets, profit and loss statements, tax returns, accounts receivable reports, and more. Most businesses don’t have this paperwork readily available, and underwriting takes weeks or months. As a result, businesses are turning to revenue-based financing companies that fund […]
Get a Payroll Loan with Just 4 Months of Bank Statements
Payroll loans refer to any type of financing that helps businesses cover employee wages during cash flow shortages. This includes term loans, working capital, cash advances, lines of credit, invoice factoring, and more. There are two primary ways to get a payroll loan for your small business: Revenue-based financing company: These financing options are based […]
Secure a Construction Line of Credit with 4 Months of Statements
A construction line of credit is a revolving loan that lets companies cover expenses while waiting on accounts receivable. Like a business credit card, repaid funds become available to borrow again — no need to reapply each time. But where you get your line of credit matters. It can mean quick access to funds — […]
The Art of Scaling with Capital
Securing funding is a major milestone for any business. Whether it’s through traditional banks, online business lenders, or alternative loan providers, an injection of capital can be the rocket fuel your company needs to scale. But with great funding comes great responsibility. Mismanaged capital can lead to bloated operations, unsustainable growth, or even business failure. […]
7 Revenue-Based Financing Companies (How to Choose)
There are many different revenue-based financing companies that all look the same on the surface, which can make it hard to find the best match for your company. But, choosing the right one will impact the terms of the deal you end up getting (i.e., fees, payment amounts, amount of funding). In this article, we […]