Are you an LLC owner in Bridgeport, CT or surrounding areas? Are you looking for fast working capital to expand your business or fix an emergency? We offer up to $25,000 the same day advances and up to $2 million dollars in one to three days for your LLC. Read more on the requirements in our review of Loans for LLC Loans Bridgeport, CT.
Why Use LLC Loans Bridgeport, CT
Bridgeport, Connecticut’s metropolitan area has the most small business owners in America according to advisorsmith with 82 business owners out of 1,000 residents. The population of Bridgeport’s metro area is almost 1 million residents, and the annual average income in Bridgeport is $25,529, or $47,484 per household.
There’s over 21 million LLCs in America, and many of them are making a monthly revenue but need that extra capital to take their business to the next level. We offer two loans/advances for your LLC.
LLC Small Business Loans Bridgeport CT
We offer two main business loans for LLCs in Bridgeport:
One) We offer up to $25,000 the same day for your business.
This is a business cash advance that is based on your revenue, the health of your checking account, and your cash flow. If you have been in business for at least six months, have a FICO 550 or higher, and generate at least $5,000 per month the last 3 months or longer with your business, you can qualify. We can lend up to 75% of your monthly revenue. You also need a business checking account.
Two) We offer up to $2 Million in 1 to 3 Days business Loan.
This business loan also requires a business checking account, a FICO of 500 or higher, four months in business or longer, and consistently doing at least $15,000 per month with your business the last three months. If you need more than $100,000 in capital, you might need to show a year of consistent revenue and three business deposits a month. We can lend up to 2X your monthly revenue, depending on the health of your credit and cash flow.
LLC Business Loans Bridgeport Loan Rates
Repayment of our LLC business loan is taken out of the business checking account that you connected to our platform to receive funds. We do daily or weekly withdrawals and the factor rates vary from 1.19 to 1.60 depending on your credit score.
Terms are anywhere from 8 weeks to 24 months depending on the loan program you pre-qualified for.
These advances/loans are great if your credit score is lower than 700 because banks won’t lend to any business who does not have great credit, can use collateral, and doesn’t need the money right away.
We work with the 80% of businesses who cannot get a bank loan. You don’t need a great credit score, no collateral is needed, and you can get your money as soon as today.
How to Get Same Day LLC Funding
If you need money very fast, it is strongly suggested that you apply first thing in the morning Monday thru Friday with three months of bank statements ready in pdf or jpeg form so you can upload them, a picture of your driver’s license and a voided business check.
If you need more than $100,000, you might need to show your business’ profit/loss statement and need to verify a longer revenue window of around one year. Ideally you make at least one business deposit a week into your business checking account.
How to Apply for LLC Loans Bridgeport, CT
If you are interested in applying for our working capital, click the Apply Now link below this article and answer a few brief questions. The application is 100% online and will redirect you to the right program depending on your answers. If you pre-qualify, you will see a pre-approval amount. You can accept the amount or decline the amount. Hope this helps you find the best money for your LLC in Connecticut! God bless.
Erik C. Johnson