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A small business loan or merchant cash advance can mean the difference between having a good business and having a great one. Your ideas and projects to grow your business may span beyond your working capital, but that’s where trusted lenders come in. BFS Capital provides financing solutions for many industries and may be just what you need to take your business to the next level.
Min. Amount | $5,000 |
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Max. Amount | $500,000 |
Loan Term | 6 to 18 months |
Requirements | 2+ years in business, $12,000+ monthly revenue |
You need to meet the following criteria at a minimum to qualify for a loan through BFS Capital:
BFS Capital is a direct lender that specializes in small business loans starting at $5,000. The difference between BFS Capital and traditional banks is BFS’s quick turnaround. Approval can take as little as one business day, and funding as little as two.
From little paperwork to fast funding, here are a few perks of working with BFS Capital:
Fast financing up to $$500,000 can seem like a dream come true, but there are two things to keep your eye on.
BFS Capital is rated A+ and accredited with the Better Business Bureau (BBB). Though there are two negative reviews on the BFS Capital BBB page from 2015 and 2016, they are vastly outweighed by the number of positive reviews received by the company on Trustpilot.
With reviews from as recent as February 1, 2018, there are 208 reviews that provide BFS Capital with an Excellent rating and a TrustScore of 9.7 out of 10. Great service is among the top accolades from reviewers, with others praising the quick turnaround time they got on their financing.
In total, the application process should take less than 10 minutes if you have the information on hand. A BFS Capital Funding Advisor will contact you to discuss your application. An approval decision can come in as little as one business day.
You’ve got the funding you need, but now you need to make sure you’re able to pay back the loan per the terms of your agreement. Automatic payments are deducted weekly or daily, so you’ll want to at least have the amount due ready and in your account each day.
BSF Capital can be a great solution if you meet the qualifications, have a steady daily cash flow and need quick funding. For businesses that have a more sporadic income, it may not be the best option. Getting the best deal that works for you is always important, so before you commit to any one lender, compare your options.