Loan Qualification Criteria
How do you know if your business is eligible?
- Minimum Annual Revenue $50,000 - $150,000
- Minimum Personal/ Business Credit Score 500 – 650
- Time in Business: 6 months – 2 years
What is an online business loan?
Whether you’re just starting, or an established business experiencing growth or simple require capital to ensure positive cash flow, quick access to cash is a vital factor for your small business to grow and thrive.
Getting capital from traditional lenders is difficult due to their strict lending criteria for small business owners to secure capital quickly. Luckily, lending platforms have emerged making access to online loans easier and simpler to help small businesses grow and thrive.
Merchant Advisors Business Loans from $5,000 to $500,000
You have a great business idea and now you’re determined to start your own profitable venture. It could be a new retail store, repairing business or a consultancy business. All your goals can be achieved with the help of business loans from Merchant Advisors.
Merchant Advisors business loans are designed to help aspiring business owners realize their business dreams on their terms. Having quick access to business funding options can provide you the cash flow freedom your business needs so you can run focus on important aspects of your business.
It takes just minutes to qualify for a business loan
Applying is free and it won't impact your credit
Required Documents for Business Loans
A borrower will be required to provide the following information including:
- Legal business name
- Personal and business contact information
- Business tax ID
- Social Security number
- Income/revenue statements
The sole mission of Merchant Advisors is to provide equal opportunity to its clients. The lender will approve an application with a bad credit score if it has a realistic business plan.
Things to keep in mind before making a final decision
The market is full of alternative lenders, banks, and credit unions offering small business loans for every possible nature of the business. With a clear objective, a business owner can fashion the business loan to his or her financial needs. Compare the APR value, interest rate, hidden costs such as an application fee, obligation fee, and early payment fee. The comparison will give you an idea about the amount you will be paying and will help you self-analyze whether you will be able to make repayments on time or not.
So, do your homework before deciding!
Choose the Best Business Loan Today
Find the loan that fits your business the best
Why Merchant Advisors?
At Merchant Advisors, we understand your unique needs and provide customized small business loans to keep your small business progressing.
- Experience in the Industry
Helping small business owners since 1997
- Trusted by Small Businesses
Billions in funding to thousands of businesses nationwide
- Personalized Financing
Customized financing solutions to small business needs
- Quick Application Process
No cost, no-obligation application with funding in 24 hours
- Your Personal Loan Experts
Experienced loan experts helping you succeed
- Save Time and Money
Let’s be your helping hand so you can focus on growing your small business