Business Loan Qualification
How do you know if your business is eligible?
- Business Revenue $50,000 or greater
- Credit Score Minimum 500
- Time in Business Minimum 3 months
Fast Business Loans
Most small businesses finance their growth with a small business loan. Sometimes, quick access to capital, or fast business loans, is crucial to leverage a growth opportunity or to meet short-term challenges. However, borrowing money especially for startups or new businesses is more challenging; and could even put their sustainability in peril.
Small businesses typically obtain business funding from traditional lenders, but the long turnaround time and extensive documentation can be burdensome especially when you need quick capital. When opportunities or sudden emergencies require fast funding, a traditional lender might not be a suitable option.
Fortunately, a quick solution to such situations is alternative lenders. Lenders like Merchant Advisors provide instant approval decisions on your fast business loan application within an hour, and once approved, you can have the funds in your bank account within 24 hours. When you need fast business cash advances, it’s important to have access to business financing options that are optimal. That's where Merchant Advisors has your back. We help you get the best business financing options instantly based on your specific needs.
With Merchant Advisors, You Can Get
When a small business needs capital to pay for short-term expenses or just to fuel growth, fast business loans from Merchant Advisors have got you covered. After making a simple loan application, our loan specialist will help you through your loan process to get you personalized loan options based on your needs. Here are a few of the best fast business loan options you can qualify for:
With a short-term loan, get quick approval for a fixed loan amount at a lower interest rate with loan terms from 6 months to 2 years. Since these loans are unsecured, there is no collateral requirement.
A flexible credit arrangement where you get access to a credit limit from which you can draw funds as needed. This works similarly to a credit card at a much lower interest rate. The best part; you also only pay interest on the funds you draw.
With invoice factoring, you can get business funding for your outstanding receivables. It’s not a loan, it provides a quick infusion of cash based on your unpaid invoices. The invoices act as collateral, so it’s usually easier to get approved than traditional loans.
With an equipment loans for startup business, you can finance new or pre-owned equipment for your small business. The equipment you finance will serve as collateral, the approval is quick with no requirement of personal guarantee.
The Small Business Administration (SBA) provides microloans up to $50,000. A microloan is a suitable option when you need small cash to purchase essential supplies and inventory. You’ll need a credit score of at least 575 to qualify.
With a merchant cash advance (MCA), you can secure funding in exchange for a fixed percentage of your future credit/debit card sales. The MCA offers a fast and easy way to obtain funds with no collateral and personal credit requirements.
Apply Now for a Fast Business Loan
Instant Decision from Merchant Advisors
Fast Business Loans from Merchant Advisors
Getting business funding from traditional lenders is difficult because of collateral, extensive documentation and a good personal credit score requirement for a small business loan. Merchant Advisors offers fast business cash from $5,000 to $500,000 without any collateral or good credit score requirement. All you need is a three months’ time in business, $50,000 in annual revenue with a FICO score of at least 500 to be approved for a fast business loan. We provide small business owners with quick access to capital when they need it fast without the hassle of traditional lending.
Why You Need a Fast Business Loan
- To benefit from growth opportunities
- To repair or upgrade equipment
- To purchase materials for a large order
- To manage cash flow in seasonal lulls
- To hire more staff to keep up with demand
- To increase advertising and marketing spend
Fast Business Loans For Immediate Needs
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