Securing business loans for bad credit owners used to be impossible. Banks would quickly deny financing and many small businesses failed as a result.
Businesses specializing in retail, food service and more, which had little to no collateral, could forget about finding bad credit unsecured business financing. Today, Simply Quick Business Loans has the solution to these business owners‚Äô problems.
What we do:
We are NOT a Merchant Cash Advance company. We offer legitimate private lending to individuals whom, for whatever reason, were denied financing by the bank. While we now offer collateralized business loans, we specialize in unsecured business financing.
What this means:
This means you don‚Äôt have to put up any collateral (i.e. your inventory or equipment) as security for your loan. The added risk to us as a private lender does mean that our loans will require a slightly higher interest rate and terms than a bank. However, because we offer legitimate loans, we are federally regulated in terms of the interest rates we can charge, unlike cash advance companies.
Our loans are:
- Fixed period
- Fixed payment
- Range in amounts from $5,000 to $1,000,000
When to get a loan:
We do not regulate what you can use your loan money for. The majority or our business loans for bad credit owners are used for:
- Payroll: Business may be slow but employees still need to be paid. Not paying payroll may lead to future lawsuits
- Inventory: Wholesale providers often offer discounts for bulk purchases. Our loans can allow you to save money on inventory by purchasing more than you may be able to afford at the time.
- Opportunities: Sometimes, business opportunities pop up in which you simply can‚Äôt let pass by.
We help you invest in yourself
Rather than investing in property or long term pay-outs, our bad credit unsecured business financing allows you to make short term investments in your own business.
If we didn‚Äôt believe the old adage ‚ÄúYou must spend money to make money,‚Äù we wouldn‚Äôt be in the business of providing fellow entrepreneurs business loans for bad credit. Apply online, by phone, or by mail, today.
It took me 5 minutes to complete their online application. I was contacted the same day, and approved the next day. They have a slick and automated process, but I also feel now as if I’ve known these guys for years.
After my long-term bank relationship suddenly dried up, these guys bailed me out of a short-term cash crunch.
Call us at
8117 Preston Road Ste. 300, Dallas, Texas 75225
Main: 855-853-8637 | Efax: 800-245-9425