Getting a Small Business Loan

Getting a small business loan can be time-consuming and stressful without professional guidance. Researching lenders, reading page after page of terms and conditions, and lengthy application processes are just a few of the aspects that lead to procrastination, deterring many small business owners from successfully obtaining a loan.

How Can I Get a Small Business Loan?

Small business loan stipulations depend on various factors, including but not limited to:

·         Lender policies

·         Borrower credit

·         Revenue

·         Purpose of the loan

·         Loan amount

·         Time in business

·         Industry


Getting the loan your small business requires often necessitates:

·         Researching different lenders (e.g., banks, credit unions, online lenders, Small Business Administration)

·         Reviewing credit reports

·         Compiling financial documents (e.g., tax returns, bank statements, business licenses)

·         Establishing relationships with potential lenders

·         Preparing a comprehensive loan proposal

Getting a Small Business Loan With Fairway Funding

At Fairway Funding, we understand the unique challenges small businesses may face when attempting to get a loan. We also know you have a small business to run, and your time is valuable. Our extensive network of trusted lenders enables us to match small businesses with the ideal loan provider. We have helped many small businesses obtain loans in as little as 24 to 48 hours! So why wait? Take the first step in getting the money your small business deserves today.

Previous
Previous

Commercial Financing for Small to Medium-Sized Businesses

Next
Next

The Different Types of Small Business Loans