FastLoans.cash Blog

Who can get small business loans? Ever wondered who can get loans?

Wed, 14 Aug 2019 16:26:42 GMT

Ever wondered who can get small business loans?

It could be you!

The short answer is: anyone who owns and operates a business for over a year and has annual revenue of $100k or more can apply for and get a small business loan right now. It's that simple.

Is it really that simple?

We work with over 300 industries get the financing they need to grow their business. Having funded over $11 million we are transforming the way business owners get the capital they need to grow. Below are minimum qualifications to see if your business qualifies.

How we decide on business loans

We know the health of your business is based on more than just a credit score. We use a combination of both data science and real human loan specialists to evaluate you and your business financing needs.

Are you a good match for our small business loans?

Sign up for the plan that fits your needs perfectly.

Fast cash for small business can change your future. Fast Loans Cash Blog

Mon, 24 Jun 2019 21:03:24 GMT

Fast cash for small business can change your future business.

Fast Cash for Small Business

Fast cash for small business has always been difficult. It's difficult because the local banks always treat them as high-risk loans. Outdated and decades-old loan data have created a no-win situation. Bank lending rules have red-flagged most types of small businesses and denied business owners from being approved for simple fast cash for their small business loans.

The fact of the matter is most small businesses such as carpenters, plumbers, beauty salons, and small mom and pop businesses will never meet the strict criteria traditional banks adhere to when approving loans. Luckily online lenders have stepped up to the plate. FastLoans.cash has recognized that many non-traditional small businesses are in fact not a risk for fast small business loans.

To qualify for a fast cash loan with FastLoans.cash your business just needs to meet these minimum qualifications

1 year in business
$100k revenue in the last year.
Credit Score of 500+

These are relatively minimal requirements that most small businesses meet, even though your bank will treat this as insufficient and risky, therefore they just say no.

If you have a small business that is profitable and continues to grow month over month, chances are you can get approved for fast cash for the small business.

Apply Today to find out how much you can borrow. The estimate is free, will not affect your credit score, and you are under no obligation to accept the loan offer. It's a smart choice for your business. Sometimes just knowing how much you can borrow is enough piece of mind to move forward with expansion plans, hiring new staff, or building the business.

Why Fastloans.cash?

Free Estimate
Decision in minutes
No Obligation

FastLoans.cash is a brand new lending solution for Canadian small businesses that is purpose built to be a fast, simple and smart solution to help small business owners get the funding they can use to grow their business. APPLY NOW

How to grow your business without a bank. We look at a few real solutions.

Mon, 03 Jun 2019 20:19:18 GMT

Learn how to grow your business without a bank loan.

Business loans have become more restricted in recent years. It's getting harder for business to borrow because the local banks typically treat small businesses new and old as something too risky for loans. Bank lending rules have really impacted business from growing because most banks simply deny business owners from getting approved for what we see as a simple fast cash loan for their needs.

Fast loans for small businesses.

FastLoans.cash business loans are optimized for businesses to help business owners with business funding.

Our funding partner is a leader in business lending for over ten years. Benefit from our experience & rest assured this is the best funding option for business owners. Borrowing money for business owners is easier, safe and more dependable with FastLoans.cash. The next time the same business needs to borrow money the process is even faster. Easily apply here and new business funds could be in the account in 1-2 days.

Fast Loans up to $250,000!

Simply apply using name, business name, phone number, email address, including business info: years in business, annual income, and requested loan amount.

To qualify for a fast cash loan with FastLoans.cash small businesses just need to meet these minimum qualifications:

At least 6 months in business.
Revenue of $100k+ in the last year.
Credit Score of 550+

These are relatively minimal requirements most small businesses meet, even though banks will treat this as insufficient and risky, so they just say no.

That's all we need to Approve! Apply Now

If a small business that is profitable and continues to grow month over month, the small business qualifies for fast cash for business.

Apply Today to find out how much you can borrow. The estimate is free, will not affect personal credit score, and you are under no obligation to accept the loan offer. It's a smart choice for business growth. Sometimes just knowing how much you can borrow is enough piece of mind to move forward with expansion plans, hiring new staff, or building the business.

Why Small Business Loans Canada?

Free Estimate
Decision in minutes
No Obligation

FastLoans.cash is a lending solution for Canadian small businesses. Fast, simple and smart lending to help small business owners get the funding they can use to grow their business. APPLY NOW

Small Business Loans Canada at a Glance:

Fast small business loans from $5k to $250k
6 to 24 month terms
One business day approvals and one business day funding to the bank account
This is a true business loan, interest is tax-deductible, successful repayment builds business credit.
Unsecured Loan, signed with a personal guarantee, not secured by real property or personal finances or assets.
Easy Fixed, weekly ACH micro payments with great interest rate let borrowers pay back loans fast.

How long are small business loans? It really depends. Let's take a look.

Wed, 22 May 2019 20:56:51 GMT

Here are some common small business loan terms.

How long are small business loans?

There’s a set number of required factors that go into choosing the right small business loan.

In a previous blog post we listed the minimum qualifying criteria associated with a small business loan, In this blog post we’re going to list some of the typical small business loan terms, that's how long the small business loan is, typical loan amounts, and how long it takes to get funds starting from when you applied and when you’re approved

Short-Term Online Loan

• 3-24 months

• $5,000 to $250,000

• 24-48 hours

Long-Term Online Loan

• 1-5 years

• $5,000 to $500,000

• As quickly as 48 hours

These are relatively the same terms and fund times that most small businesses loans will have when applying for a small business loan online.

If you have a small business that is profitable, and continues to grow month over month, chances are you will apply and get funded for such a loan. These loan terms are very easy to adhere to when replaying the loan. In the meantime you can get on with business as usual, and sometimes be able to get additional funding before this loan is paid off.

Apply Today to find out how much you can borrow. The estimate is free, will not effect your credit score, and you are under no obligation to accept the loan offer. Sometimes just knowing how much you can borrow is enough piece of mind to move forward with expansion plans, hiring new staff, or building the business.

Your small business growth is driven in part by expanding business processes and promoting your product and or services. Increasing awareness of your brand or promoting your services to new demographics or locales can easily boost your bottom line immediately. Making the minimal payments of a short term online loan very easy makes sure you can capitalize on further growth before you pay off that loan.

Getting the funding to initiate these promotions can act like a spark plug for your next period of growth in your business. There is a growing trend in small business to get funded using online lenders, B2B lenders and Crowd Sourcing. Each incremental growth your business makes using short term online loans sets you up for further growth at any time. No one knows when your next big idea or opportunity will arise. Taking funding from bank in the short term can lock your business down and actually prevent growth until that loan is paid off. This is like taking two steps back. You basically start over at square one with a bank on every loan, because while you business is not new, the growth you are seeking is new, and that is deemed a risk by the bank.

Growth for Your Business.

Fund new opportunities and company purchases that grow your business.

You could:

• Capitalize and profit from a limited time bulk inventory deal.

• Invest in your online website and social marketing.

• Finally open a new location you've been planning for years.

• Hire extra sales staff to boost growth.

• Renovate your waiting room to impress your clients.

Apply Today

Our fast loans for small business range from $5k - $250k. You will be approved as long as your business meets our minimum loan requirements. See Below. Apply today and you will be approved for $5k - $250k. Find out for free what you could borrow, Apply today, cash tomorrow.

250k loan for beauty salon loans study. Hair Beauty Salon Loans

Wed, 17 Apr 2019 21:14:09 GMT

A beauty salon takes a chance and changes the course of their business.

250k loan for beauty salon

When successful small business owners have been in business for a few short years, banks still look at them as high risk. Usually this is because according to outdated and sometimes biased internal lending rules have precluded certain types of businesses and business owners from being approved for small business loans.

The fact of the matter is some small businesses such as beauty salons, will never meet the strict criteria traditional banks adhere to when approving loans. luckily online lenders have stepped up to the plate and recognized that many non traditional small businesses are in fact not a risk for fast small business business loans.

To qualify for a loan any business just needs to meet these minimum qualifications:

1+ year in business
$100k in revenue last year
Credit Score of 500+

These are relatively minimal requirements that most small businesses meet.

If you have a small business that is profitable, and continues to grow month over month, chances are you will be approved.

Beauty salons have proven to be a recession-proof industry across United States. Even though during recessions, consumers tend to be more price conscious, spending continues to go increase since people need a haircut no matter what. Beauty salons are booming with the industry generating over $56 billion dollars annually just in the United States.

This growth is being driven in part by a generally increasing awareness of the importance of skin care among American woman, but also specifically due to an increase in the market for men. There is a growing trend in boutique salons popping up and using online marketing to get customers and compete with the big chains.

Grow and Invest in Your Business.

Fund upcoming business ventures and company purchases that move your business forward.

You could:

Capitalize and profit from a limited time bulk inventory deal.
Invest in your online website and social marketing.
Finally open a new location you've been planning for years.
Hire extra sales staff to boost growth.
Renovate your waiting room to impress your clients.

All applications are securely submitted direct to your loan consultant. You can expect a call you within an hour.

Apply Today

Our fast loans for small business range from $5k-$250k. You will be approved as long as your business meets our minimum loan requirements. Apply today and you will be approved for $5k-$250k. Find out for free what you could borrow, Apply today, cash tomorrow.