Business Loans & Small Business Financing in Fresno, CA
Fresno, California may only be the fifth largest city in the state, but what it lacks in size it makes up for in importance. From Downtown, to the Tower District, to Woodward Park, Fresno hosts thousands of business inside the city limits and many more just outside of them.
Here’s more info from our experts to help your small business thrive.
Fresno has a history of diverse businesses and opportunities that have prompted the city’s population to grow at an exponential rate over the course of the last few decades. The city is home to more than half a million residents, and the metropolitan area is comprised of nearly one million people. Visitors travel to the city from all over the state and the country to experience the majesty of the San Joaquin Valley and to see the Yosemite National Park. The growing population and steady visitor traffic present businesses in the area with ample opportunity to expand and become successful.
Competition between businesses in Fresno, CA can become tense, especially with so many startups opening in nearby San Jose and San Francisco every year. Established businesses in the area must fight to secure their market share by offering more to their customers. If a business can’t free up the capital to finance a remodel, expansion, update, new equipment, repairs or to hire new staff, they’ll often need a cash advance for their business.
Fast Commercial Financing in Fresno
There are only a few options for business owners looking to borrow working capital. Often, bank loans are viewed as the first choice for financing a business, but they aren’t always the best option.
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. Fast Capital 360’s approach to funding is a bit different from the banks and other lenders’ California business loans. 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 in under 24 hours. We can wire the full amount of funding before the end of the next business day.
It’s important that business funding is quick, but it’s also important that it’s fair. As a member of the Responsible Business Lending Coalition, we’ve pledged to only engage in fair alternative funding practices for those looking for small business loans as outlined in the Borrower’s Bill of Rights. We worked to earn the trust of business owners across the country and have earned the distinction of being the number one source for funding alternatives to small business loans online according to Crowdreviews.com.
Get Your Business Loan Faster
To learn more about our funding alternatives to small business loans in Fresno, CA, call us at (800) 735-6107 to speak with a business advisor about all of our business financing options.