Working Capital Loans / Get Cash Fast for Any Business Need
We offer Short Term Working Capital Loans which are perfect for business owners requiring cash quickly. These are real loans which help establish and or build business credit. The most common uses for short term working capital loans include: buying inventory, test a new marketing campaign, hire more employees, resolve emergencies or take advantage of an immediate opportunity in the market. Access to fast capital is essential for growing businesses, their survival often depends on it. Bank loans can take weeks while our working capital loans can fund within a couple days. When an immediate necessity happens don’t get caught trying to scrape money together from family/friends; contact First US Finance for fast results. Once you’re approved for your loan, you can take out another loan whenever needed even if it’s months later or the following year, the ability to borrow will be there just like a credit line.
Key points include:
- Loans available from: $10,000 to $250,000
- Term: 6 – 18 months
- Fast approval in hours and funding within 1-2 days
- Simple 1 page Online Credit Application and 6 months business bank statements required
- Can generally borrow 50% – 150% of average monthly gross bank deposits
- Fixed repayment via ACH for daily, weekly or monthly payback
- Rates from 20% – 35%+
- Prepayment discounts available which reduce overall rates
Minimum customer qualifications:
- Only 3 months’ time in business
- 500 FICO credit score of owner
- Must have business license and commercial location
- Monthly business bank deposits of $10,000 or more
- A past bankruptcy must be at least 2 years old / No open liens
- Must have a business bank account; cannot use personal account
This is a great program for getting cash very quickly and easily for any immediate business need; much faster than any bank loan and more flexible requirement criteria which most businesses can meet. To apply for approval please submit a credit application and your current 3 months business bank statements (all pages) and we will review and update you within 24 hours. Submit everything conveniently online at: WORKING CAPITAL ONLINE APPLICATION