Bad Credit Is OK! – No Startups!
Our 2-minute application saves you a lot of time, as does our 24-hour approval process. We collect only the information we need, and get you approved and funded quickly. If you need a business loan fast, simply simply fill out the pre-approval form above now!
You Can Get a Business Loan With Bad Credit in Seattle, WA
Bad credit business loans are really out there. At First Choice Business Capital, we can help you get the cash flow you require in Seattle, WA. We have many financing options available for companies, regardless of a bad credit history. The approval process is fast as well, 24 hours in many cases!
The Principles of Getting Business Loans With Bad Credit
You are in all likelihood quite burdened and disappointed from being denied, but we can help.
We pride ourselves in helping companies get the funds they need regardless of what your credit history looks like, and we have many options that we can offer. You may be amazed to learn that only 30 percent of businesses qualify for a bank loan – which means you are not alone! Companies sometimes get refused for a loan because they may have a court judgment or lien against them.
Once a business gets denied for a loan, they often give up all hope for funding. We all know that without capital, a business will stagger. Keeping the doors to a business open demands capital, since it is the basis on which to keep operating. New regulations implemented after the economic crash has made acquiring capital near impossible.
They apply to small and medium-sized entities. This means that those companies with under 50 employees are the ones affected. This situation is a burden to those needing funding, but it has opened the doors for alternate lending institutions to step in to provide much-needed programs. High-risk lenders like First Choice Business Capital could provide quick approvals and no-nonsense funding solutions.We even offer 24-hour approvals! It really is true that businesses with subprime credit can get the cash they really need. When traditional routes fail, alternate loan providers can supply the assistance needed.
Seattle, WA, Bad Credit Business Loan Options
Perhaps you are one of the businesses that are not aware that short-term loan services are out there. Small, medium and even large organizations can qualify for uncollateralized loans. Even with bad credit, it is likely to get approved without delay. There are still loans readily available for your needs. That is completely correct. Subpar credit aside, you can secure business loans bad credit. Furthermore, you can get bad credit business loans fast. Many different types of companies can get business loans for bad credit with the options we offer. Do you want small business loans bad credit? Not a problem at all! Yup! When a business needs working capital, they need it now. First Choice understands this need and offers easy approvals.
Short-Term Loans, Unsecured Loans & Business Cash Advances
These types of offerings are known as a merchant cash advance (MCA). These business loans are sometimes the only factor standing between a company remaining open or closing for good. Poor credit business loans are a true lifesaver for those companies that have been turned down by banking establishments because of their credit score. You do not even really need collateral in order to qualify for an MCA. This makes the approval procedure even easier! We only require that your business has been operable for three months minimum and that you transfer between 8-10 thousand dollars monthly.
What Are the Merits of Merchant Cash Advances?
MCAs offer plenty of positive aspects to all kinds of companies like yours. A big advantage of this type of loan is that it can be funded in a fraction of the time of a traditional banking loan. It’s estimated that 90 percent of these loans are approved.
You will not need to wait long for your money, either; most loans are financed less than four days immediately after approval. The loan approval process is speedy and easy as well. All you need to submit is a simple one-page application form. You should also be prepared to produce the last six months of business bank statements. That is all we need to begin the approval process on your loan.
These loans are suitable for those that need a bad credit loan fast. When your business is slowing as a result of a lack of cash flow, this short-term business loan can get you the money you seriously need. These loans have a fixed capital cost and run from 4-18 months. Repayment of loans are made daily from Monday – Friday. Merchant cash advances often have anywhere between 20 and 22 payments each month.
We Collaborate with Many Businesses
A vast array of businesses certify for short term business loans bad credit. Merchant cash advance companies like to work with all sorts. The following particular niches are just some of the businesses we work with: Home Health Professionals, HVAC, Interior Decorators, Masonry and Stonework, Pest Control, Rigging and Scaffolding, Tire Shops, Trucking, Water Well Drilling, Wrecking and Demolition companies, Automotive/Mechanic Repair Shops, Auto Body Repair and Painting, Pubs and Restaurants, Beauty Shops, Carpentry, Construction, Driveway and Parking Pavement, Gasoline Service Stations and General Building Contractors. These business sectors and more are suitable for business loans with poor credit. If you meet the criteria we talked about previously, First Capital can work with you.
States We Do Business In
Merchant cash advances are easily available to business entities in the following states: Wisconsin, Wyoming, West Virginia, Washington, Virginia, Vermont, Utah, Texas, Tennessee, South Dakota, South Carolina, Rhode Island, Pennsylvania, Oregon, Oklahoma, Ohio, North Dakota, North Carolina, New York, New Mexico, New Jersey, New Hampshire, Nebraska, Nevada, Montana, Missouri, Mississippi, Minnesota, Michigan, Massachusetts, Maryland, Maine, Louisiana, Kentucky, Kansas, Iowa, Indiana, Idaho, Illinois, Hawaii, Georgia, Florida, Delaware, Connecticut, Colorado, California, Arkansas, Arizona, Alabama and Alaska.
Working With a Trustworthy Representative of A Poor Credit Business Loan
When seeking to get bad credit small business loans, be certain that you are working with a trustworthy broker. Perform your due diligence while you wade through the loan solutions that are readily available. Borrowers are sometimes declined because the wrong information is provided to financial institutions by the brokerage firm. It is important that the brokerage firm has an in-depth understanding of the underwriting process. They should certainly know their lenders well and have the opportunity to guide the borrower through the process.
Those lenders that can syndicate the deals may even enhance loan amounts. You do not want your broker submitting your application to a multitude of lenders. Deals that are sent in tandem like this can make your credit score take a downtrend even further. You do not want this to happen, primarily when a low credit score is why you are shopping for alternative lending in the first place. Picking a dependable lending house like First Choice Business Capital will save you this heartache.
If You Need a Bad Credit Business Loan, Call Us Immediately!
You do not have to wait until after your credit score is better to get a loan. You do not need to put up your personal things as collateral, and you do not need good credit. This is a business opportunity that is just way too good to pass up. Change the direction of your business by calling us now!
First Choice Business Capital
Seattle, WA, United States
Communities we serve:
98115, 98103, 98105, 98118, 98125, 98117, 98122, 98144, 98116, 98133, 98106, 98107, 98108, 98112, 98119, 98102, 98109, 98126, 98199, 98136, 98104, 98121, 98101, 98177, 98178, 98146, 98134, 98131, 98132, 98148, 98154, 98155, 98158, 98161, 98164, 98166, 98168, 98171, 98174, 98188, 98198, 98129, 98151, 98170, 98181, 98184, 98185, 98189, 98190, 98191, 98195, 98111, 98113, 98114, 98124, 98127, 98138, 98139, 98141, 98145, 98160, 98165, 98175, 98194