If you're looking for an unsecured small business loan, the process can be fast and straightforward. Lenders understand the challenges of borrowing in today's economy and are ready to assist.
Running a business often requires additional funds—whether for inventory, equipment, or expansion. Fortunately, there are lenders offering business loans without collateral. If your business has been operating for over a year and meets certain revenue criteria, you may pre-qualify. Every credit situation is unique, and lenders work to secure funding at no cost to you until you're approved.Loan amounts vary based on credit history and business revenue, with no assets required. You need at least $20k revenue. Applications are processed quickly, often within a couple days, and just bank statements are typically needed. These loans are available for various business types, with flexible repayment terms but it depends on how your business bank account looks. For example, if you have have $20k in deposits per month with no negative items, we typical will lend you $20k, depending on industry. You have $200k, you can probably get $200k! Fast Funds Group does it at an affordable rate.
Applying is free, though some lenders may deduct a processing fee or consulting charge from the loan amount. Fast Funds Group isn't a broker and doesn't charge a fee. We are a private equity firm that could save you fortune. Repayment depends, again on your business account. Best to be proactive about funding and do not wait till your account suffers. We have different options.
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