Are you a LLC Startup in Orlando, but need extra working capital to expand and grow? We offer same day funding for LLC’s in Orlando up to $25,000 the same day, or up to $2 million in one to three days – without collateral, and bad credit is accepted. Read more on the requirements for LLC Loans Orlando.
Why Use LLC Loans Orlando
There’s over 22 million LLCs in America and over 72,000 startups are created in the U.S. each year. Orlando is considered #2 for most active startup cities with over 4,861 formations annually at 10.95%, creating over 25,533 new jobs in the Orlando/Kissimmee/Sanford area.
Orlando is growing fast at 1.8% per year and contractors are feeling the crunch to build more homes. If you have any type of small business in Orlando we can help.
We offer loans and advances to business owners who cannot get approved the traditional bank route, or they just need money faster than the banks allow. Read about our two most popular loan options in the next paragraph.
LLC Small Business Loans Orlando
Our most popular loan is actually a business cash advance where we determine your advance based on your monthly revenue, your credit score, and the healthy cash flow of your business.
So, our most popular advance gives you up to $25,000 the same day, given you supply all the documentation needed for the advance, which includes but not limited to: voided business check, driver’s license, and 3 months of bank statements if we ask for them.
The general requirements for our same day up to $25k business loan is as follows: must do at least $5,000 per month with your LLC the last three months, be in business for at least 180 days, and have a FICO of a 550 or higher.
We can lend up to 75% of your monthly revenue if everything checks out with your business. So, if you are doing $10,000 per month of business revenue, no other income sources account for this, then you could potentially get up to $7500 the same day.
We also have a business loan up to $2 million dollars in one to three days. This loan requires a FICO of 500 or higher, at least four months in business, and doing $15,000 or more of business revenue per month the last three months.
We can lend up to 1 to 2 times your monthly revenue, depending on the consistency of your business deposits. You should be making at least 3 business deposits per month and shouldn’t have more than 3 NSF days in the bank. If you need more than $100,000, you might need to produce an annual profit/loss statement and one year of verifiable business revenue.
LLC Business Loans Orlando Loan Rates
We use factor rates instead of interest rates, which is common practice in the Merchant Cash Advance industry. Our factor rates our 1.19 to 1.60 depending on your creditworthiness and how long the term is.
Our terms are from 8 weeks all the way up to 24 months for LLC business loans over a million dollars. There are no hidden fees, no red tape, collateral free, bad credit ok, fastest funding online. 80% of banks say no, we say yes to the 80% who were declined.
How to Use Same Day LLC Funding
Once you are approved and accept the funds, they will be deposited into your business checking account. You are free to use the funds however you sit fit for your business.
Ideally, you use the funds to keep your business open obviously, but you also can use the money for business expansion, to increase your bottom line. Our advances are not expensive if you use the funds to increase your profit by 100% to 300%!
How to Apply for LLC Loans Orlando
Applying for a LLC business loan in Orlando shouldn’t be hard or time-consuming. We have the first completely automated online application and underwriting in the industry.
Simply answer a few questions on the online application in the “APPLY NOW” link below and see if you pre-qualify. If you pre-qualify you will either see a pre-approved loan amount, or be asked to connect your bank account to see your approval.
You will be redirected to the right loan depending on your FICO, revenue, time in business etc. I wish you all the success in the world and look forward to working with you!