Fast Business Loans: Everything You Need to Know
Fast business loans give business the financial flexibility to respond to emergencies, cover funding shortages, and fund opportunities. Unlike a loan from a bank, rapid financing through Fast Business Financial means you can get approved and have funds deposited into your business account in as little as 24 hours.
Number of Unforeseen Events
Same-day business financing isn’t just for fixing catastrophes; this type of loan is perfect for a number of unforeseen events, including:
Machinery repairs
Tax payments
Inventory purchases
Revenue shortages
Equipment
Personnel hiring
Payroll
Small business loans can also benefit dental practices, dry cleaners, gas stations, pharmacies… just to name a few. No matter what industry you operate in, our expert Funding Specialists will work closely with you to select the best funding option to help you achieve your business’s goals without sacrificing cash flow.
How Do I Qualify for Rapid Business Funds?
1
FICO credit score of 450 or better
2
Documented revenue gains
3
At least 6 months in business
4
No recent bankruptcies
5
Three (3) most recent bank statements
Small business loans can also benefit dental practices, dry cleaners, gas stations, pharmacies… just to name a few. No matter what industry you operate in, our expert Funding Specialists will work closely with you to select the best funding option to help you achieve your business’s goals without sacrificing cash flow.
Working with a Direct Lender
for Fast Business Funding
Once a business is established for a number of years, they can seek a business loan from a full range of financial institutions. But, sometimes businesses require Solar Capital Group through a direct lender. After all, it can take weeks, sometimes months to get approved for a loan through traditional banking channels.
The truth of the matter is that sometimes working capital can’t come soon enough. An essential piece of machinery fails, a business opportunity arises, or the company needs to hire more staff to handle growing pains — all of these are instances where a business can benefit from using quick business funding through an online direct lender.
Direct lenders (such as Solar Capital Group) offer fast business loans to help businesses respond to unexpected financial challenges or opportunities. Instead of going through the weeks- or months-long process of filling out applications, signing over collateral, and then waiting to learn about whether or not they’ve been approved, businesses can see if they qualify in a matter of minutes. If the borrower agrees to the terms, rates, and conditions of the loan, these funds can then be deposited directly into business’ bank account — usually in less than 24 hours.
When you need rapid financing, Solar Capital Group is here to help. Since 2014, we have helped SMEs gain access to working capital — and quickly!