Alternative Small Business Funding | Approval Process
The Process
The alternative funding application and approval process is quick and easy. We make the application process painless for you by working directly with our lending partners to negotiate the most favorable rates, terms, and funding for you. It’s easy as 1, 2, 3 and funded.
Step 1:
Complete our online request form so one of our alternative funding loan specialist will contact you, or you call us at 786-544-2700.
They will explain the entire alternative funding process in detail, answer any questions you may have and, most importantly, provide you with a realistic expectation. Once you feel comfortable moving forward, all we need from you is a completed application and the last three months of business bank account statements (at a minimum). Requests for certain options may require us to review additional information.
Our website is secure and we assure you that any submitted data will be used for the sole purpose of processing your alternative funding application and will never be shared with any third party.
Step 2:
We will review your file and quickly determine which lender(s) is best suited for your specific business funding needs. During this process, we take into account multiple factors while comparing your needs funding with our lending partners funding programs.
Step 3:
Once we’ve identified and selected the appropriate alternative funding lender, we will submit your file for their prompt review. In most cases, they will provide an approval/decline decision in less than twenty-four hours. Once approved, some additional documents may be requested like a copy of a lease or mortgage statement, a driver’s license, and a voided check are all that may be needed. However, there are some instances where a lender may request a tax return and/or additional financial and related documents.
Step 4:
Once alternative funding approval is final, your money will be deposited into your bank account and your agreed-upon repayment schedule will start with the lender in just days.
If at ANY time throughout the entire process you have any questions, do not hesitate to contact us. We are always here for you!