Business Loans in Denver & Small Business Financing in Denver, CO
It’s said that a rising tide raises all ships, and this couldn’t be truer of Denver’s economy. Denver is the United States’ third-fastest growing city thanks to major industries like aerospace, telecommunications, and tourism – not to mention that recent legalization of a certain plant. The Mile High City is one of the most popular domestic travel destinations and hosts a bustling tourist economy.
For small businesses in the Denver metropolitan area, there are numerous opportunities to grow in size and market share. With nearly three million people living in the Greater Denver area, businesses in the city are locked in daily competition, looking to become a staple of the community.
In order to stay ahead of the curve, businesses must occasionally reinvent themselves and reinvest in their equipment or products. The challenge for small businesses in Denver, Colorado, is in finding the free working capital to execute the next step of their business plan. For many businesses, the budget is tied up in existing infrastructure and payroll which cannot be liquidated. When small businesses can’t find the necessary capital to complete their next project, they’ll need quick business funding. That’s where Fast Capital 360 comes in.
Financing For Small Businesses In Denver
When businesses think of getting working capital quickly, they usually think of their local banks; this is more often than not, it’s not their best option.
When Fast Capital 360 was founded in 2009, we saw the way major financial institutions treated small businesses and decided that we could do better. Since then, we’ve built a funding process that works for virtually everyone, even those with less than stellar credit or just six months in business.
Small Business Financing in Denver, CO
When small business owners in Denver think of short-term business funding, the first question they often have is “how much will I have to pay back?” We’ve committed to creating fair and transparent lending agreements that clearly state what is expected in a repayment structure, so you never have to wonder what you’ll need to pay back.
Many banking institutions routinely make loan applicants wait 90 days to learn if they’ve been approved with some applicants reporting waits as long as six-months, approving less than 25% of small business applicants on average. We don’t think that’s fair.
Our applicants are notified of their approval within hours, in fact, most users wait just 60 minutes to be approved for funding. Once your funding program is approved, our alternative funding to short-term small business loans can arrive in your bank account by the end of the next business day. Many business owners go from application to cash in their hand in under 24 hours.
Seeking alternative funding options to a commercial microloan or short-term loan for your business in Denver is a big decision, and we’re here to support you however we can. Our business advisors can help you determine whether a traditional business loan or a better funding alternative is the best for your company, even if it’s an option we don’t offer.
To learn more about Fast Capital 360 and how we can help your business in Denver, CO, contact us today at 1-800-735-6107.