Today we are going to talk about LLC business loans. Now you can get instant approval and instant funding. You can get funding within eight minutes. There is nothing else like it online. This is unheard of, and it is absolutely legit. Here is what to know about LLC Business Loans with Instant Approval and Funds in 8 Minutes.
LLC Business Loans – Instant Approval and Funded in 8 Minutes
We are working with a company that has algorithms and AI that can get you the money right away. So we are going to talk about the requirements really fast.
Instant LLC Business Loan Requirements
There are over 6 million LLCs in America. Many of them only have personal checking accounts, and that was a huge red flag for most traditional business lenders.
But we have a new program where personal checking accounts are allowed. So if you have an LLC and a personal checking account, that’s absolutely fine.
What we are looking at is also your revenue; we’re not looking at a credit score. So FICO does not matter anymore. Collateral does not matter anymore. Great credit doesn’t matter anymore.
What matters is that you make at least $3,000 a month with your business and that you have at least four deposits into your checking account that is not W2 income. It is all 1099 income.
So let’s say you are a landscaper and you have a personal checking account, but you have your own business, you’re self employed, and you have clients that pay you let’s say six times a month. Well you can qualify for this.
If you’re an auto repair shop mechanic and you get four deposits a month into your personal checking from clients and customers, then you qualify for instant business funding. The only thing that doesn’t count as the four deposits is W2 job income. Most people can easily apply for this and get qualified.
LLC Business Loan Terms and Borrow Amounts
So what are the terms and how much can you borrow? So we are lending up to 25% of your monthly revenue. So if you are doing $5000 a month, you could probably get $1250 from us. If you are only doing $3000 a month, then you will get around $750.
Now, of course you don’t want to have any negative days in your bank account. So we are going to be looking at your NSFs so you don’t want any of those, you don’t want to be negative in your bank.
You want to look really good. You want to have at least four deposits every single month. So you are generating $3000 a month or more. We can loan you from $500 all the way up to $5,000 within eight minutes.
All you have to do is go through the application. I will leave a link under this article. It is going to ask you if you have a personal name for your business or a business name. That is fine, don’t lie on it. Just be legit because all of these answers are valid and they will get you approved.
We are also going to talk about your revenue and how long you have been in business, and what you think your FICO is, even though that doesn’t play into these types of instant business loans.
Just be as truthful as you can, and if you go through the questionnaire and they look at everything that you are doing with your checking account, then you can get the funds within eight minutes. It will go right into your checking account.
LLC Business Loan Instant Funds Recap
Let’s go over the requirements again real fast: You need to be in business at least 3 months, be doing at least $3k a month with your business in business revenue, and have 4 deposits each month.
Terms: 8 to 10 terms. Up to 16 weeks on renewal funding. Repaid Weekly. Loan amount $500 up to $5,000. Factor Rates 1.29 to 1.60.