Skip to main content

How to Qualify for a Fast Small Business Loan

Many entrepreneurs think getting a small business loan is a long and difficult process.*

This is due partially to resources online that describe arduous application processes in detail.
These resources are often very helpful for folks with:


  1. Ample time to wait for money
  2. Willingness to spend many hours preparing documents
  3. Established businesses with strong cash flows, profits, and pristine credit.


Many businesses seeking capital, however, do not fall into these categories. Acquiring capital for a small business can be easier and faster than you might think.

How to Qualify for a Fast Small Business Loan

Yes, getting funds for a small business from a bank or the SBA can be difficult and time consuming. However, we help business owners access working capital without the long and complicated process required by more traditional lenders.

In fact, some businesses waiting for bank or SBA loans might need money sooner rather than later. In such cases, that company might even use a provider such as zion finance - lend up for bridge financing.

What is Bridge Financing?


Bridge loans are quick solutions to access funds. They are usually used cover a financing "gap," which is where the term "bridge" comes from.

In many cases, a bridge loan can allow a business to take advantage of short-term opportunities while waiting for other financing to come to fruition.

In the strictest sense of the word, most bridge financing loans use real estate as collateral. However, collateral is not always required.

An important feature of zion finance business loans is that they have no prepayment penalties. Some loan products offered by zion finance are collateralized by real estate, while others need no collateral.

Additionally, we offer the ability to acquire financing easily and fast. If your company is at risk of  missing an opportunity while waiting for other financing to close, zion finance can often help.
What is the Qualification Process for a zion finance Business Loan?

The qualification process to receive funding from zion finance is very simple. 

For loans under $275,000, the requirements are:

  1. At least 2 months time in business
  2. For Profit Business
  3. Business Bank account in the name of the business

The only requirement on these loans is a personal guarantee. A personal guarantee is simply an agreement stating that the business owner(s) are personally responsible if the business does not repay the loan.

In California, zion finance offers loans up to $2,250,000 to business owners that are homeowners. For loans from $275,000 to $2,250,000. This loan is additionally secured by a UCC-1 filing against the residence.

A UCC-1 is simply a form filed that says a lender has an interest in a property as collateral. The UCC-1 is released upon loan repayment.

The documentation needed for loans with zion finance is:


  1. Credit application
  2. Two (2) months of business bank statements

Businesses can typically borrow up to two times monthly revenues from zion finance and receive funds quickly.

How Long Does it Take to Complete a Loan With zion finance?

Many small business borrowers endure hardships while waiting for weeks or months for business funding.

These hardships can include:

  1. Missing out on business opportunities due to lack of liquidity
  2. Damaging a business' credit if payments are missed during short-term cash crises
  3. Needing to use personal funds to keep one's business afloat.

These problems can many times be mitigated by completing a fast business loan.

Often, zion finance can complete funding and have money wired to your business bank account on the same day the loan is applied for. Same day business loan funding depends on what time of day the application is completed.

However, in the vast majority of cases a business can apply for a loan with zion finance and have money in the account within 24 hours.


DO YOU NEED A QUICK LOAN TODAY? WE CAN HELP YOU!
Do you need a quick loan today? we can help you with the loan you need.
Are you in any financial mess and you need quick funds to start your own business?
Do you need a loan for the settlement of your old debts? or to pay off your whole bills?
Do you have a low credit score and are finding it hard to obtain a loan from your bank?

We offer loan at an interest rate of 3% and with no credit check, we offer Personal loans, Business loans, debt consolidation loans, venture capital, business start-ups loans, education loans, home loans, mortgage loans, or loan for any reason. We offer loans within the amount of $5,000 to $20 million. Loans are approved just in 2 business days, and the funds will be deposited in your bank account the next day.

To apply for a loan, send an email to: zionloanfirm.ltd@aol.com

We give loans to borrowers world wide. We can lend you in any country in the world.

Comments

Popular posts from this blog

I need a loan - Get an Instant Loan Here!

LOOKING FOR WHERE TO GET A LOAN? APPLY WITH US NOW!!! Do you need a quick loan? Apply for a loan online with us. Instant Loan, is an Internet-based direct-to-consumer lender. We specialize in providing loans for customers with less-than-perfect credit. We can help you with a genuine loan. Our loan services include... 1. PERSONAL LOANS 2. BUSINESS LOANS 3. MORTGAGE / HOME LOANS Amount ranges from $3000 to $20 million. Repayment period is between 6 months to 25 years. We offer secured and Unsecured loans. Even without a collateral, we can still provide you a good loan. We give loans worldwide - to any country. Talk to us now! To apply for a loan contact our e-mail:  instantloans.plc@gmail.com

Looking for a Small Business Loan?

Over the past 5 years there has been a huge increase in the options available to small business owners looking for financing. It’s a lot easier these days to get financing that it was 10 years ago. However, with so many choices, it’s a lot more difficult to figure out which  option is best for your small business. Rosalyn James, the CEO of Instant Loan provided some comments and advice on business financing to writer Henry Kivitt at Small Business Central. Apply for a business loan with Instant Loan below. Do you need a business loan? Apply for a business loan online with us. We can help you with a genuine loan to start a business or even to expand your existing business. We also lend personal loans, auto loans, truck loan, equipment loans, debt consolidation loans, home loans, mortgage loans, agricultural loans, small business loan and commercial business loans. Amount ranges from $3000 to $20 million. Repayment period is between 6 months to 25 years. We offer secured and Unsec...

How to use working capital for your grocery store

Grocery stores are an industry in high demand; people are always going to need somewhere to purchase food and other household items. Running a profitable grocery or convenience store requires hardworking employees, consistently replenished inventory and financial planning, among other aspects. If you’re reviewing your grocery store business plan and can think of costs that you’re having trouble paying for, it might be time to consider applying for additional working capital from a lender. 1.  Purchase inventory  – A well-stocked store will bring in flocks of customers, but bare shelves lacking in updated products will send them out the door. As a business owner in this industry, ensuring that your store’s inventory is regularly restocked should be a top priority. In addition, offering a wide range of products in different areas is also crucial; your customers will likely want options. Many shoppers will want healthy items as well. These products might be more expensive, but y...