Our Loan Officer knew exactly how to meet our needs. We were approved for our loan in 24 hours. This short term loan allowed us to grow and we’re launching new products.
Bed Breakfast Hotel Business Capital Loans, enable hospitality businesses to get the funding when and where they need it most. Bank and SBA Loans will have the lowest rates, however there is a very long process. Lenders require stellar credit, want to you submit your resume, a detailed business plan, three years of financial records, collateral, plus they are dictating how the funds are going to be used. The application typically takes 40 hours to complete. The waiting period is a minimum of three weeks or more. If you have any issues the application is not approved.
Bed Breakfast Hotel Business Capital Loans provide an easier and more efficient way of accessing working capital in as little few days without the hassles of a traditional bank loan. We do not require any plan or purpose for the funds to be deposit directly into your account. It is completely up to the owner how they wish to utilize the money. Business Capital Loans provide businesses with the cash they need to run their business and can be a great way to obtain fast unsecured financing. We are 100% focused on helping you move your business to the next level. Our core purpose is to help business owners obtain working capital as efficiently as possible based on their individual circumstances
Our application process is different from other banks or lenders. We focus on the actual business performance that can be reviewed with a few months of bank statements. This allows us to be flexible on credit history checks and avoid the unlimited documents connected to your approval. We offer funding from $5000 to $250,000. The actual rate and term is dependent on the performance of the business. The amount capital that can be borrowed is dependent on the monthly deposits. There is very little paperwork involved this is the main reason why the application process is so quick. There is not a single bank in the country that can approach the efficiency and speed of what an alternative lender can do for you.