WHAT ARE ALTERNATIVE BUSINESS LENDERS?
Alternative business loans are non-bank funding options for business owners in need of capital. By utilizing proprietary technology, alternative lenders quickly assess the health of a business and provide flexible funding choices. The community banks that once served this vital have been consolidated by big banks that do not focus on the nuts and bolts of lending to small businesses the way SnapCap does.
Top alternative business financing options:
IS A COMMERCIAL LOAN RIGHT FOR YOUR BUSINESS?
If you are a business owner that is in need of capital for basic operations, payroll, equipment upgrades, or inventory purchases, a commercial loan will position your business in the right direction. Prior to working with any lender, it is in your best interest to ensure the timeframe to funding and amount of working capital available aligns with what you need to be successful.
SECURING A COMMERCIAL LOAN WITH AN ALTERNATIVE LENDER.
Unlike banks, which have longer terms and time to funding, SnapCap offers financing options up to $1 million within 48 hours of receiving your completed application. Apply online with our short application to work with a dedicated loan officer focusing on offering the best financial solution for your business.
Step 1: Basics
for up to $600k
“SnapCap provided me with access to funding in order to procure materials for an upcoming project. The simple process allowed me to focus on running my business.”
Qualifying for a Business Loan
1 Year Time in Business
All we require is 1 year in business. Typical owners have been in business 5 years.
$100K in Annual Revenue
Typical gross revenue exceeds $300,000, although we just require $100,000.
500 Personal Credit Score
Most applicants have credit score over 650. The minimum required is 500.
Meeting minimum requirements does not guarantee funding, but we'll work hard to get you the funding that you need.
A streamlined paperless application with quick processing allows you to focus on running your business.
SAME DAY APPROVAL, NEXT DAY FUNDING
The best technology in alternative lending. Funds deposited in as little as 24 hours following approval.
A RELATIONSHIP YOU CAN TRUST
SnapCap has worked with thousands of businesses since 2012. We strive to build relationships that last.
EXPERT FUNDING ADVISORS
From initial application to future funding needs, your dedicated account manager is here to help you.
HIGH APPROVAL RATES
Funding decisions based on actual business performance. SnapCap can find a solution for you.
Tailored terms to meet your needs. SnapCap is only interested in positioning your business for success.