Sentences with phrase «n't qualify for traditional bank loans»

But these loans may work well for smaller companies or startups that can't qualify for traditional bank loans, due to a limited operating history, poor personal credit or a lack of collateral.

They do not follow the same rules as banks and can, therefore, help people who didn't qualify for traditional bank loans.

Almost sixty - five percent of the approximately 8 million small businesses that seek capital every year do not qualify for traditional bank loans.

Merchant cash advances are a good option for small business owners that collect payments through cash, checks or credit cards (as opposed to invoices), have a high volume of sales, need funding quickly or may not qualify for a traditional bank loan.

Merchant cash advances are a good option for small business owners that collect payments through cash, checks or credit cards (as opposed to invoices), have a high volume of sales, need funding quickly or may not qualify for a traditional bank loan.

FHA loans are intended for low - income families that wouldn't qualify for a traditional bank loan.

Not exact matches

«The company has found a larger underserved portion of Canadian households that do not qualify for traditional bank credit but do not wish to pay the exorbitant interest rates that payday loan operators charge,» he wrote in a November report.

Because of the guarantee program, borrowers who might not be able to completely collateralize a loan or otherwise qualify for a traditional loan at the bank may qualify for an SBA loan.

This makes it important to weigh the value of access verses a lower interest rate in some circumstances — this is true even for very creditworthy borrowers who would otherwise qualify for a traditional commercial loan at the bank but their loan purpose doesn't give them the luxury of time required to wait for a traditional bank loan.

It is easy to qualify for factoring and NOT like traditional financing or bank loan or lines of credit where approval is based on your personal and direct business credits and assets.

Rise Credit represents a new wave of low - barrier lending companies working to meet the needs of people who don't qualify for low - interest loans from traditional banks.

Sarnia is an important location to private lenders looking to serve the many people who wouldn't qualify for traditional low - interest loans offered by banks.

If you don't have a clear credit record, work for the same company for an extended period or own your company for so long, then probably won't qualify for a loan with a traditional bank.

If your credit score is anything below 650 you do not qualify for an unsecured loan with any of the traditional lenders such as the banks.

Because of the guarantee program, borrowers who might not be able to completely collateralize a loan or otherwise qualify for a traditional loan at the bank may qualify for an SBA loan.

SD Equity Partners provides rehab loans to borrowers seeking to purchase a property that does not qualify for a traditional form of financing, like bank - provided mortgage loans.

However, most people are surprised to find that qualifying for a loan with traditional banks is not an easy task.

Obviously some of these newly structured standards are for the betterment of the industry, and our overall economy, but at the same time, home buyers across the country are realizing quickly that reputable credit and stable income aren't always enough in qualifying for a loan through a traditional bank.