When you’re ready to apply for a small business loan in NYC, you’ll need to prepare the documents your lender will need, which could include business bank statements, profit-and-loss statements and tax returns. You’ll also need to make sure you meet their minimum qualification requirements, including revenue, credit score and time in business.
While conventional lenders, such as the banks noted above, are often the go-to for many business owners, they usually have strict requirements for approval and lengthy application and funding processes.
Today, many small business owners are turning to alternative lenders, such as merchant cash advance companies in New York. They can offer faster, easier paths to financing. The tradeoff, though, is more frequent payments, shorter terms and higher interest rates.
Applying for New York Business Funding Through Fast Capital 360
Whether you’re searching for an SBA loan in NYC or alternative financing, Fast Capital 360 can help.
Here’s how you’ll benefit:
Our application takes only minutes to complete, and funding could be available as soon as 1 day after approval.
Because we work with lending partners around the country, you could receive several financing offers from your single application.
A Fast Capital 360 Business Advisor will review the details of your offer with you, so you can make the best decision for your business.
Get Your Business Loan Faster