Conventional lenders, such as the banks mentioned, are often the first place entrepreneurs think to turn when they’re in need of funds to support their business. However, they often find they don’t meet the minimum requirements to qualify for a loan. Those who are able to meet the bank’s minimum qualifications may find the process to get approved and funded can take some time.
If you’ve been turned down for a conventional bank loan or need funds fast, consider an alternative lender. In addition to SBA loans, alternative lenders can provide merchant cash advances for New Jersey business owners or other short-term financing options. Alternative funding turnaround times could be as fast as 1 day from approval.
Applying for Business Financing in New Jersey Through Fast Capital 360
Through us, you’ll find small business loan rates in New Jersey starting at 7% for term loans and 6.25% for SBA loans. If you’re in search of a New Jersey merchant cash advance, you’ll find factor rates starting at 1.10.
Here are the benefits of working with us:
Just a few minutes is all it takes to complete your online application.
We partner with lenders throughout the country. That means your single application could return multiple offers.
A Fast Capital 360 Business Advisor will review your funding offers with you and answer any questions you have, so you can make the best decision for your company.
Get Your Business Loan Faster