Business Loans, Small Business Financing, Capital & Funding in Houston, TX
Home to more than 2 million residents and millions of more visitors every year, Houston is the fourth largest city in the country. Texas’ largest city is a sprawling metropolis where almost any business can turn a profit if given the right tools and leadership.
The challenge of running a business in Houston is in appealing to customers and standing out from the competition. Virtually any storefront, restaurant, agency, service or establishment that can consistently keep its customers coming back will succeed in Harris County. When new businesses threaten to eat up market share, established businesses need to be prepared to make changes that will entice new patrons.
It can be difficult for small and medium-sized businesses in Houston to locate the free cash to make the necessary updates to their businesses. If most of your capital is tied up in assets and you need quick money for your business, online lenders like Fast Capital 360 can help.
Commercial Business Funding in Houston, TX
When business owners in Houston think of funding for small businesses they often think of the big banks. Unfortunately, the major financial institutions aren’t always the best option for commercial lending agreements.
Less than 25% of small business applicants in Houston, TX are approved for bank loans each year. That means that three out of four businesses are left without the funding they need; fortunately, bank loans are no longer the only option.
At Fast Capital 360, we’ve built a lending process around the needs of the small business owner. Major financial institutions require owners to fill out long forms that take hours to complete and include multiple identity checks.That’s why our application takes only minutes to complete; we’ll respond to your application in as little as 60 minutes after submission. On top of all that, we can usually provide funding in one business day.
The big banks can take as long as 90 days to finalize a business funding decision in Houston. We don’t think that’s right. Our business financing decisions are made in hours, not months. Many applicants receive approval for their MCA funding in just 60 minutes.
Once your funding alternative program to a small business loan is approved, your cash can be deposited in your bank account by the end of the next business day. You can go from application to pulling money out in as little as 24 hours. We never place stipulations on how you use your funding either; use it when you need it.
Our funding process allows us to examine more than just the borrowing history of the business. We take into account the annual operating revenue, years established and your personal credit history so that we can give you the best financing options, even when you have a less than stellar credit score.
Taking out alternative funding to a small business loan for working capital for your business in Houston is a big decision. We understand that there are many options and you want the best one for your financial future. Our business advisors are on-hand to discuss our alternative funding options for your small business from credit lines to bad credit business loans, even if it’s one we don’t offer.
For more information on why Fast Capital 360 is the best choice for your small business, contact us today at 800-735-6107.