So 14% of businesses are getting bank loans and the rest of us are struggling to get working capital. Today I am going to talk about how you can get up to $2 million. This is a $2 Million business cash advance in 3 to 5 days, even if your FICO is only 500, no collateral bad credit.
$2 Million Business Cash Advance in 3 to 5 Days – Bad Credit Okay 2023
The banks currently approve 14%. That means 86% of businesses are out there, wondering if they are going to stay in business or not day to day. So we are going to talk about something that is absolutely amazing that can help so many different businesses out there.
There are 32 million businesses out there that can use this money in the United States alone. So let’s just dive straight into the requirements. If you are new here, hit the share buttons. It really helps this website out and we need to get this word out because so many business owners do not know that this is available and they’re struggling through the loan process through the big banks, and it is not necessary anymore.
$2 Million Business Cash Advance in 3 to 5 Days Requirements
So let’s just dive right into the requirements. Fast online funding up to $2 million. So the rule of thumb is we can get you up to two times your monthly revenue.
You have to have a business checking account for this advance. We work with 17 in house lenders to get you the best deal and over 80 lenders out of house.
So if you’re doing a million dollars a month with your business, but you do have bad credit, maybe you don’t want to put up collateral, maybe you need the money faster than what the banks can get you. Maybe you need the money faster than an SBA can get to you. It can take up to 90 days to get an SBA loan.
With this Business Cash Advance you can get up to $2 million in three to five days. So if you’re doing a million dollars a month with your business and you meet these requirements over here, then you could get up to $2 million in three to five days.
Here’s the repayment, one to one 1.18 to 1.49 factor rates. All right, so if you get $60,000 Business advance, you’re going to pay back around $71,000 to $89,000.
The terms are 4 to 24 months, and this is going to get paid back automatically, daily on through your ACH through your business checking account. So you’re not going to have to think about payments. You’re not going to have to go into a bank physically or mail in your payment. It comes out automatically through the automated clearing house method through the business checking account that you used to apply for this advance.
How to Qualify Business Cash Advance in 3 to 5 Days for Bad Credit
Now here’s what you need. You need to be in business for at least four months. If you’re in a high risk industry like the trucking industry, you’re going to need to be in business for 12 months or longer.
Business revenue, you’re going to need 15,000 a month minimum. Now if you’re only doing 15,000 a month, like I said over here, you can get one to two times your monthly revenue. So if you’re only doing 15,000 a month, you can get up to 30,000.
If you want the $2 million business advance, you’re gonna need about a million dollars a month in business revenue. Now the FICO This is where we surpass all the banks. You only need a FICO of 500 or more.
The banks you’re going to need a 700 to a 740 for even the banks to think about you. All right. Same with SBA, SBA, you might need a 680, but you’re waiting 90 days to get the money.
You can have up to five negative bank days in the last three months. So you know that’s normal, businesses are going to have negative days. That’s fine. We can tolerate that. We can also tolerate it if you have an additional loan out there. But we can fund you even if you have one to two loans out there but obviously you can get more money if this is your first funding.
How to Expedite Your $2 Million Business Cash Advance
All right, here is something that can speed up your business cash advance approval: have three months of bank statements available to upload. Have a voided business check and have your driver’s license. Have those things ready and if you want more than $100,000 have a one year profit loss statement available and last year’s business taxes.
If you have those things you are good to go fill out the application under this video. There is a link below. It is an automated application that will redirect you to the right loan program. Depending on your requirements. We do have two other funding options.
So if you don’t qualify for this one, fill out the application anyways because it will redirect you to the proper loan program. No collateral bad credit. Okay, no hard credit check. This isn’t going to affect your credit score, and you can see if you are pre approved right away so good luck.