Small business loans offer businesses a lump sum of working capital upfront to help meet their unique business needs. US EXPRESS FUNDING loans can help with an expansion, gaps in cash flow, opening a new location, purchasing equipment, and so much more! We pride ourselves on fast and simple loans, so business owners can focus on what matters most: growing their business.
Regardless of how much working capital a business needs, our small business loans allow for flexible access to working capital, with funds starting at $5,001 and ranging up to $1 million. If your business is looking for a loan with fixed payments, longer terms, and higher dollar financing, our small business loan is a great option.
Securing a small business loan doesn’t have to be hard. With US EXPRESS FUNDING, applying for a small business loan is simple and fast. Having the necessary documentation on hand will help ease the process. The most common documents needed are a valid form of identification, online access to your business bank account or three months of business bank statements, and your business bank account and routing number. Other information may be required in some cases. If approved, working capital will be sent directly to the business bank account provided. Want more information? Check out our blog on how to get a small business loan for more in-depth answers.
Most alternative funders require the businesses to provide information regarding time in business, revenue, business bank account, and identification (i.e. driver’s license or passport). While this isn’t a comprehensive list, they’re the most common requirements when applying for working capital
Credit is an important factor that both traditional lenders and alternative funders look at when trying to qualify a business. However, it’s not the only determining factor. Alternative funders like to look at the overall performance of a small business. This means looking at revenue, time in business, accounts receivables, and business credit history. For more information, reference our blog on how to get a small business loan with low credit
A small business loan can be either short term or long term. US EXPRESS FUNDING offers loan terms starting at 3 months and can range up to 60 months*. Short-term loans are good if the business needs quick access to working capital. However, if a business is looking for longer repayment terms, it may qualify for a long-term business loan, provided the funder offers longer-term loans.
Deciding whether to get a secured or unsecured small business loan depends on your current business needs and financial situation, call us at US EXPRESS FUNDING for more info.
