Sentences with phrase «approved than the traditional bank»

An alternative credit check is faster more easier way to get you approved than the traditional bank credit check.

Not exact matches

All companies approved for a loan through Bond Street are guaranteed to receive their capital within less than one week, as opposed to the weeks or months they'd typically have to wait by going to a traditional bank.

Because small businesses are considered higher risk than their larger cousins, the SBA loan guarantee helps banks offer more flexible loan terms, meaning borrowers can be approved even if they have fewer assets than what would be required with a traditional term loan at the bank.

Fueled by web - based tools that speed up the application process, a new paradigm for evaluating credit worthiness, and the ability to leverage technology to help them determine eligibility (often in under an hour), these lenders may approve business loans that might be overlooked by traditional banks, and can typically do it in much less time than their traditional counterparts.

Online lenders frequently offer better rates than traditional banks and they tend to be a bit more flexible when it comes to approving borrowers who have less than perfect scores.

Some people turn to title loans because they have lower credit scores than what is accepted by traditional banks to approve a personal loan.

Lenders who do business on the Internet typically approve a greater number of borrowers for fresh start loans than traditional banks and credit unions.

Lenders who do business over the Internet can typically approve a greater number of applicants for the loan money that they need because they have more working capital and are often willing to absorb greater instances of risk than a traditional lending institution, bank, or credit union will.

If you have fair or poor credit or little credit history, a credit union is going to be more likely to approve you for a credit card at a reasonable rate than a traditional bank.

Because small businesses are considered higher risk than their larger cousins, the SBA loan guarantee helps banks offer more flexible loan terms, meaning borrowers can be approved even if they have fewer assets than what would be required with a traditional term loan at the bank.

As a direct lender, Montegra has more flexibility in our underwriting process than banks and other traditional lenders do, allowing us to fund loans in short time frames so that investors don't have to worry about missing out on deals while they wait for their loan application to be approved.