Funding Easily is a private lender, and we are amongst the more popular lenders amongst small business owners. Typically, the criteria that we have are designed keeping the limitations and possibilities in mind for small businesses. The criteria that we have are mentioned below here, and based on these any small business owner would be able to ascertain if they qualify for the easy business loans or not.

1.       The business needs to be at least 12 months old and a running business.

2.       The owner of the business must not be in an active state of bankruptcy at the time of the application for the fast business loans.

3.       The gross income of the business must be at least $10 thousand or over that amount.

These are the simple and basic requirements that we have to provide small business owners with the best business loans they want. The criteria of banks is nowhere as simple as those mentioned above, and in fact their requirements are stringent and complicated.

In addition to the simple criteria that are mentioned here for the fast business loans, there are yet more features that help make this into a very feasible and practical option for small businesses.

We do not require high credit scores to offer you the online business loans that we provide. On the contrary, considering that credit is not one of our parameters or criteria, we often work with businesses who have damaged credit scores. Typically, we do work with businesses whose credit scores are as poor as in the low to mid 500s, and we do still provide them with the business loan. Banks on the other hand do require high credit scores, and generally look for credit scores that are above average or in the 700s if possible.

The processing time frames that we have for the quick business loans are also exceptional, and we are able to process the application and deposit the funding into the small businesses account within 48 to 72 hours. Generally, this time frame would be about 7 to 10 working days at the most. Banks will take at least a couple of months if there are no delays or if your application is not rejected, and that time frame could go up further.

Collateral is something that we do not require to provide small businesses with the fast business loans they require. And this is very beneficial to small businesses as many of them do not have any form of collateral to provide as collateral. Our easy business loans are uncollateralized, and this is helpful to many small business owners. Banks on the other hand do provide business owners with collateralized loans and have no system of best business loans with no collateral for small businesses.

For more information related to our online business loans, contact us. Our funding team will assist you with the information you require, and also assist you with filling in the application. Alternatively, you can click on the ‘apply now’ tab and fill in the form online yourself.