Business Loans & Small Business Funding in Pittsburgh, PA
Pittsburgh, PA is a diverse city. The City of Bridges is home to a variety of ethnic neighborhoods with large and small businesses throughout the city limits and in the metropolitan area. Pittsburgh is consistently rated among the most livable cities in the United States because of its economy, culture and people.
The ‘Burgh only has around 300,000 residents within the city but claims more than 2.3 million people within its metropolitan area. The population of the Pittsburgh metropolitan area gives business owners in the region access to a large audience for their products or services.
With so many mouths to feed, properties to serve and major companies throughout the area, Steel City has been one of the major havens for small businesses along the East Coast. With so many startups and new shops opening in the area, many established businesses must fight to stay competitive.
Many smaller companies look to remodel, expand to new locations, hire new staff, order new equipment, make large purchase orders or repair equipment when facing heavy competition. When small and medium-sized businesses are unable to free up the necessary working capital to make a large change to their business, they’ll often search out a working capital loan.
Commercial Lending Services in Pittsburgh
When business owners need funding for the next step in their business plan, most turn to the big banks first. Unfortunately, the major lending institutions aren’t always the best option for small businesses to get the cash they need.
Many banking institutions routinely make loan applicants wait 90 days to learn if they’ve been approved for small business lines of credit, with some applicants reporting waits as long as six months. 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 funding alternatives 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 for a working capital loan for your new business in under 24 hours.
At Fast Capital 360, we’ve designed our lending process to be more friendly to business owners, whether they’re Yinzers or not.
All of our alternative funding options to traditional business loans are unsecured, meaning you’ll never be asked to put down business assets or property just to receive the funding your business needs. Our funding contracts are written to be transparent, easy-to-understand and fair to the borrower.
We understand that taking out merchant advance funding in Pittsburgh, PA is a big decision to make. Our business advisors are available by phone to discuss all of the funding options available to your business in a no-pressure conversation.
To learn more about all of Fast Capital 360’s funding options, give us a call at 1-800-735-6107.