These days, it is almost impossible for a business to get a bank loan. They have tightened their loan requirements since the Great Recession. This has lead their approvals to go down to only 17% for all applicants. What’s businesses in Vermont to do? Money is very important in running a business. If you are in need of funding for your business, we might just have something for you. A Vermont business borrow.
What is a Vermont Business Borrow?
A Vermont business borrow is a type of loan we offer businesses in this state. We have approved over 90% of all our business borrow applicants. You could be next. Why should you consider a Vermont business borrow instead of a bank loan? Here are the reasons why:
1. A Vermont business borrow is easy to qualify for.
You’ve probably heard that before. Banks usually say that it is easy to qualify for their loans. The truth is, it isn’t. They require a near perfect credit score. That alone is hard enough as it is. Every business owner has had at least one failed attempt to bring an idea to life. We understand how this can affect their credit. This is why we only look at revenues, not credit.
The only factor that will influence your approval for a Vermont business borrow is the revenue of your business. Your credit history will mean nothing. As long as you have a business that makes money, we can get you approved for a Vermont business borrow.
2. Easy application process.
When you apply for a bank loan, you will be asked to fill up dozens of forms. You will also have to submit numerous documents. With a Vermont business borrow, you can say goodbye to all of that. First, our application form is only one page long. That’s right. Only one page. You can fill it up within a few minutes.
Next, we only need you to submit recent bank statements. Since we base our approvals on revenues, we don’t need a lot of paperwork. If you have a couple of months’ worth of bank statements lying around, you can send in your application before lunch time. The application process of our Vermont business borrow is that easy.
3. Quick approvals.
The speed of our service does not end with our application process. We are also fast in getting our Vermont business borrow applicants approved. How fast? Three words. One. Business. Day. How is this possible? Well, we’ve streamlined our entire process. Since we don’t ask for a lot of requirements, we don’t have a lot to scrutinize. This allows us to process your application and get you approved within 24 hours.
4. No collateral. No personal guarantee needed.
Our Vermont business borrow is safer than a bank loan. Banks and lenders ask for a collateral when you take out a loan. We are against this. Why? There is always the risk of a business getting into trouble. If you put up your house as collateral for your loan, what happens when you’re unable to make your loan payments? You lose your house. Just like that. We know how much hard work it takes to be able to invest in a house. We don’t want to be the reason why you may end up losing yours. This is why our Vermont business borrow is collateral free. We won’t even ask you for a personal guarantee.
5. Very Flexible Pay Back Plans
Aside from being safer than a bank loan, a Vermont business borrow is also easier to pay back. Once you get approved, we will discuss your pay back options. We offer several alternatives. One of which is taking a small portion out of your future earnings. The point is, how you pay us back will be your decision.
If you are interested in hearing more about our Vermont business borrow, get in touch with us today. We offer free consultations for businesses in Vermont. We can discuss your situation to see if our Vermont business borrow is a good fit for you. No commitment necessary. Our toll free number is (866) 739-5558 . Or you can send us an email and we will get back to you ASAP.