3 Steps How to Get a Instant Small Business Loan with Personal Checking Account

Instant Small Business Loan

Here’s three steps on how to get an instant small business loan. Now there’s something new out there that is going to just shake up the entire lending industry, and that is an instant business loan. 

You can now get the funds in your account within eight minutes and I’m going to talk about the three steps on how you can do that. 

The other thing that it’s going to shake up the lending industry is that you no longer need a business checking account to get a business loan. 

You can use your personal checking account, which 80% of our declines came from people that did not have a business checking account, and that has completely changed. 

3 Steps How to Get a Instant Small Business Loan with Personal Checking Account

My name is Erik Johnson and I’ve been a business loan broker for over two years and I am super excited to tell you about this business loan with instant approval

So let’s get into the requirements super simple. You can have the funds within eight minutes after this article. So I’ll leave a link under this article. All you gotta do is fill out the application and it’s all automated and you will receive a decision super fast. 

Step One: Time in Business to Qualify for Instant Business Loan

So the first requirement is you have to be in business for three months. Now that is lower than any of our other loan programs or other programs online. 

You had to be in business for either four months or six months depending on the amount of money you were requesting. 

Step Two: Revenue Requirements for Instant Small Business Loan

Now the second step is you only need to be doing $3000 a month with your business for the last three months. Now I’m going to talk about how that money needs to come into your checking account. 

But first of all, that is also lower than our other loan programs or other loan programs online. You had to either be doing $5000 a month with your business or $15,000 a month with your business. 

So this blows away anything else out there that I’ve seen by $2,000 a month. So that’s impressive as well.

Step Three: Income Requirements for Instant Small Business Loan

How do you make the money? Alright, so you can be any type of business: sole proprietor, you can have your LLC, or you could just have the business in your name. 

Let’s say that you’re a landscaper and the business is in your name and you’re working for yourself. That’s great, but you need to have four non W-2 deposits into your bank every month. 

This has to be 1099 income, it can be from clients, it can be from customers, it can be the work that you’ve done. So if you’re filing a Schedule C at the end of the year, then your chances are you work for yourself and you’re self employed. 

Who Can Get Instant Small Business Loans

Home-based business owners can get this money, network marketers can get this money, plumbers can get this money, electricians, landscapers, contractors, drywallers – even music studios, musicians, music engineers that have a studio that get money every single month from clients can qualify for this. 

How Much Money Can Your Business Get?

Alright, so we’re lending $500 to $5,000 with this program, so if you need an extra, let’s say you’re doing $3000 a month, you could probably get $750. Let’s say you’re doing $5,000 a month, you could probably get $1,250. Generally 20% to 25% of your monthly revenue.

How You Can Use Instant Business Loans

So that can help out a lot of businesses out there because you could have a lot more breakdown and you need that money. You can use the money for a down payment on a new car if you’re an Uber driver. You can hire more drivers. 

You can use that money as a sign on bonus or to get some software to manage a team for your business. You can do advertising for your business, increase your bottom line with this money, do advertising or learn the best marketing strategies. 

You might have to buy a tick tock course on how to do tiktok to increase profits for your business. You can use the money for any type of development, marketing, anything to increase your bottom line.

So those are the three steps on how to get an instant small business loan. There’s 33 million small businesses in America and they are thriving again after the pandemic. 

So this self-employed business loan is the perfect time to get it. You know, like I said we had lots of declines before because they didn’t have a business checking account, or they didn’t make $5,000 a month. So we just alleviated those problems. 

So you just need $3,000 a month and a personal checking account is okay, a business checking account is okay. You need to be in business for three months. FICO is out the window. FICO does not matter anymore. These are no collateral business cash advances. 

Instant Business loan Terms and Rates

The payback is weekly. These are eight to 10 week terms. If you’re getting a renewal, if you’re getting money again, which you can always do, it’s almost like a business line of credit, then you have up to 16 weeks to pay that. 

So the factor rate is 1.29 to 1.6. So a factor rate is a little different than interest rates. You can look up a factor rate calculator online to figure it out. These are higher interest rate advances than your traditional bank loan. 

But if you can’t get a bank loan, which is 80% of the population, then this is all you have. So you have to pay a little bit more, but you can pay it off early. And that’s it. So I hope this helps you get your money fast.

APPLY HERE

Sincerely,

Erik C. Johnson

Leave a Reply

error: Content is protected !!