Is a small business loan hard to get? Is it hard to get a small-business loan? It can be challenging to qualify for a small-business loan without a strong personal score (starting around 700) and a solid cash flow from your business. Those are among common reasons why your business loan application can be denied. Only 20% of small business qualify for a business loans, the other 80% donot. Contact Charles your funding guy! in all 50 states. Click on the link below.
What are the requirements for a business line of credit? What Is Required for a Business Line of Credit? Personal credit score: Ideally 660 or higher. Annual revenue: $25,000 or higher. Time in business: Ideally six months or more. Collateral: To secure your line of credit. Current debt schedule: To determine if you can afford to pay back the line of credit if you draw from it. THIS WHAT BANKS REQUIRE. and this is what DAC requires. click on the link below. or call Charles you funding guy! David Allen Capital
Charles http://www.loansolution.com/installment-loans-wv/ Williams
Are small business loans secured or unsecured? Secured small business loans are backed up by specific collateral and assets, so the interest rates and terms are likely to be more favorable for a borrower. Unsecured small business loans have different restrictions and are higher risk, so interest rates will be higher and other terms may be more challenging. Good morning it’s your funding guy Charles Williams with DAC. Continue reading Business Line of Credit – Made Possible with DAC