https://businesscreditblogger.com/2017/09/08/personal-business-loans/ Are personal business loans the right option? In this video learn the five major reasons why a personal loan for business may be the best solution for your company’s funding needs and how to apply for maximum approval.
In today’s lending environment securing a traditional business loan through a bank can be extremely challenging for startups and small businesses without a proven track record and solid revenues.
The reality is banks require a great deal of documentation and are less likely to issue business loans to startups because they are considered extremely risky.
For existing businesses getting a traditional business loan may be just as challenging. One of the key factors that banks look at is that a business has solid revenues and is cash flow positive.
Personal business loans may be a much better solution for startups and businesses since it is primarily based on personal credit and personal income.
Getting a personal loan for your business requires no information with regards to your business. No tax returns, no business financials, no business plan, etc.
Our personal business loans funding program is one of the most utilized by business owners and real estate investors because of its simplicity and how fast we can get you funded.
For more details check out the following sites below: