Learn how to navigate private funding with ease
The time to get approved for a business cash advance could take anywhere from 2 hours to 2 business days. Once approved, the owner can have the capital in their business account in 24 hours.
Applying Process
The application is typically one page. You’ll never see the booklet you get when applying at a bank! It’s a little of information about the business and the ownership. There is no application fee and no obligation in order to apply.
Providing documentation
You usually will have to provide 4-6 months of business banking statements (12 months if the business is seasonal), merchant processing statements, a valid identification card, and a proof of ownership.
Approval
It could be as fast as 24 to 48 hours to have exact offers on the table. Some owners have multiple offers to choose between.
Business Funding
Once an offer is chosen, the lender will draw up contracts with exact numbers that were discussed (a few more documents may be required along with contract). Once the contract is signed…the client typically receives the funding within the same day. Call your local representative today!