I was denied an SBA loan because I didn’t have any collateral or relevant business experience. I was able to use my last couple months of bank statements to get approved for 35k, highly recommend SnapCap.
Music & Instruments
It wasn’t immediately clear the documents Snap wanted me to provide but I got a call about an hour after I applied and was able to email over my statements. It was the simplest application I’ve ever completed if you don’t count my grocery store membership.
These guys did a nice job, had my money by the second day.
I had three bulk orders for iPhones placed and needed a short term loan to resupply inventory while I waited on the client’s payment; I had my money in 2 days.
New York, NY
I was going to get another credit card when I found these guys. I thought I needed to apply for three cards to cover my costs but a single loan through Snap was sufficient, I also didn’t want 3 new cards on my credit report.
Ft. Lauderdale, FL
I had some flooding and my insurance company said it was going to take 8-12 weeks to get an adjuster out there and processes my claim. I don’t have business interruption insurance so I will not survive if I have no income for the next three months. SnapCap had me funded in 3 days –I will probably pay off the loan when my claim is processed.
I’ve been borrowing from my local bank for 7 years and was denied a limit increase to buy some new mowers. I jumped online to look around but so many sites seemed sketchy and I didn’t feel comfortable providing my SSN upfront. SnapCap was the alternative I was looking for and will apply for a second loan when I make my last payment in December.
I needed a bridge loan while I was waiting on my bank financing to come through. I thought SnapCap would be a temporary solution, but I liked them so much that I told my professional network.
I was turned down for a credit card and also a bank loan because of some credit issues. SnapCap didn’t give me as much as I wanted but I was able to secure enough to buy the supplies I needed. The best part is that it’s improved my credit since I started making payments..
Long Beach, CA
I was pretty confused by the whole bank lending process. I go online for everything and found SnapCap after a few searches. The SnapCap application was simple and they funded my business account directly the next day.
Never even needed to speak to anyone. I accepted the email offer and shot them a couple bank statements. Easy process and they lived up to what their site says, a great way to borrow.
My bank line of credit was closed and my business has been slower over the last few years. I recently won a bid for a project that I needed to hire 10 temporary employees. The Guys at Snap asked me some questions about my business and I supplied them with some banks statements, they approved me for 50k in 3 days.
We had a boat break down during our high season. The replacement part to fix the engine was going to take 4 weeks to ship and would have hurt my bottom line. Got a loan through Snap and purchased a new boat. When the part arrives I’m going to sell the old boat and pay off the loan - happy I found these guys.