If you need a bank statement loan from Small Business Loans Depot you may have some questions. For example: How long does it take?
Once the business bank statements are received, in most cases approvals are obtained in 24 to 48 hours. The customer receives funds into their business checking account.
Once the business bank statements are received, in most cases approvals are obtained in 24 to 48 hours. The customer receives funds into their business checking account.
How long is the term?
The term of these bank statement loans are between 3-18 months depending upon the time in business and the average daily balance and average collected daily balance.
The term of these bank statement loans are between 3-18 months depending upon the time in business and the average daily balance and average collected daily balance.
You will need at least 6 months in business to qualify.
For more details contact Ed Rogers 919-771-4177.
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