Business Loan Calculator
We can provide the funding you need without the annoyance of providing endless stipulations.
How To Get A Business Loan
A Step-by-Step Guide On Getting Your Business Loan
Getting funding for your business doesn’t have to be complicated or time-consuming. Here’s how to receive funding in as little as 24 hours.
Take a moment to understand what your business needs. Knowing your needs is the first step towards finding the right loan. Whether it’s for expansion, inventory, or bridging a cash flow gap, deciding early will help.
Your credit score plays a role, but it’s not the only thing we look at. We’re here to find a solution that fits, regardless of credit history.
Collecting documents doesn’t have to be a chore. In most cases, 4 months of business bank statements is enough. If your business has a substantial amount of credit card sales, we recommend you upload those statements, too.
Submit your loan application and documentation online. If you have any questions before submitting, do not hesitate to give us a call at 347-778-5195 for help.
With our variety of loan options, we’ll help you pinpoint the one that aligns with your business goals and situation.
Approval and funding often happen within 24-48 hours, letting you focus on what you do best—running your business.
SERVICES
Springville Partners business funding can be much more affordable than a business overdraft or credit card.
Getting A Decision On Your Business Loan
Here are a few commonly asked questions about how we determine your loan options and terms.
We look at your business’s financial health, including cash flow and credit score. We may also consider your business plan and the purpose of the loan. Our goal is to get a full understanding of your business to better help you.
No. Your credit score plays a role, but it’s not the only thing we look at. We’re here to find a solution that fits, regardless of credit history.
Absolutely. We specialize in helping businesses that might not meet traditional banking criteria. Our flexible options are designed for situations just like yours.
Typically, we’ll only ask for 4 months of business bank statements to determine cash flow. In cases when a business has a high volume of transactions, we’ll ask for 4 months of credit card processing statements to determine eligibility for a Merchant Cash Advance (MCA).
While the age of your business can play a role, it’s not the only factor. We focus on your business’s current health and future potential.
The amount varies based on your business needs and qualifications. We offer a range of loan sizes to fit different business goals
