Sentences with phrase «than a traditional loan application»

While ApplePie Capital takes up to 30 days or more to fund, it is certainly much faster than a traditional loan application process and offers some of the largest loans among online marketplace lenders.

Not exact matches

Although it's true that some lenders tend to weight the value of your personal score higher than others (banks and other traditional lenders fall into this category) when they evaluate your business loan application, most lenders include a review of your personal credit score when they evaluate your business» creditworthiness.

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.

Traditional bank loans are the most obvious method of financing your endeavor; but before you get your heart set on getting one, consider this fact: more than 82 % of small business loan applications are denied by big banks.

Title loans do not require much paperwork and credit checking, so the applications can be approved much faster than traditional loans.

Finally, Guaranteed Rate's convenient web interface grants users greater control over their loan application than you'll find in the traditional lending process.

Although it's true that some lenders tend to weight the value of your personal score higher than others (banks and other traditional lenders fall into this category) when they evaluate your business loan application, most lenders include a review of your personal credit score when they evaluate your business» creditworthiness.

Going through the long and arduous application process for a traditional personal loan from a bank could take far longer than the amount of time you have to get the money you need.

While it's a good idea to establish access to a line of credit before you need it, even a last - minute application and approval process is typically shorter than a traditional loan request.

If you have low - to - middling credit scores, a high loan - to - value ratio, and / or other monkey wrenches like a manufactured home or condo, HARP may be better than traditional financing — there is a 2 % cap on fees, while normal refinances can have much higher surcharges depending on the strength of your application.

They have a simple and streamlined application and approval process that are much faster than traditional bank loans.

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.