Browse popular small business loan questions.

ABOUT BUSINESS ADVANCE LENDERS

Who is Business Advance Lenders (BAL)?

A trusted lending company specialized in alternative business funding. We provide unsecured business loans to small business owners.

What kinds of businesses does BAL work with?

We work with all the established businesses that have been in business for at least six months.

How is Business Advance Lenders a best place to get a business loan?

Easy approval
Quick loan decision
No business plan
No collateral
Bad credit accepted
No writing checks
Funds under 24 hours
Automated repayments

How secure is my business loan information with Business Advance Lenders

We employ highest security standards to protect your personal data from unauthorized access. Moreover, we do not trade your information to brokers.

How easy is it to get approved for a business loan from BAL?

High approval rate is what makes us stand out.

Get Started

Apply Online

Call (800) 991-7020

info@businessadvancelenders.com

LOANS FOR SMALL BUSINESS

What is merchant cash advance?

It is a short term business funding solution that provides small businesses with fast infusion of working capital.

For what purpose can I use the small business financing?

Equipment repair or purchase
Business expansion and renovation
Pay for employees
Cash flow management
Invest in training programs
Business marketing campaign
Stock inventory and much more…

How much can I borrow for my small business?

Based on the strength of your business performance, credit history and monthly revenue, you can borrow between $2500 and $2M.

What is the business cash advance duration?

Usually 4 to 12 months.

Does it require any personal guarantee to secure the financing?

No.

ELIGIBILITY

How do I qualify for business funding with BAL?

Six months in business
Monthly revenue of $5,000 or,
A steady monthly cash flow

Do I need to provide collateral to get approved for funds?

No. We provide unsecured business financing. Your assets are not risked.

What information should I provide while applying online?

Business Federal Tax ID / EIN
Bank statements (past three months)
credit card transaction processing statements ((past three months)
Lease agreement
Landowner’s contact info
Business owner’s SSN
Average monthly gross sales figures
Average monthly credit card sales figures

PROCESS

How does a loan for small business work?

You get a lump sum amount against a percentage of your business’s future revenue.

How do I apply for financing?

Access our online application form or call us on (800) 991-7020

Is there any application fee?

No.

How long will it take to get funds?

24 hours or one business day.

How are payments made?

They are directly debited from your agreed upon bank account.