At BitX Funding, we specialize in providing fast and efficient small business loans. We understand that every small business has unique financial needs, which is why we offer a wide range of loan options to help you grow your business. Our loans are designed to be flexible, affordable, and accessible, making them the perfect solution for small business owners who require quick funding.
Fast Small Business Loans
We understand that small business owners often require funding quickly to take advantage of growth opportunities or to cover unexpected expenses. That’s why we offer fast small business loans that can be approved in as little as 24 hours. Our application process is simple and straightforward, and we work with you to find a loan that fits your specific needs and budget.
We offer a variety of loan options, including:
Business Lines of Credit:
A business line of credit is a flexible financing option that allows you to access funds when you require them. You can use the funds for anything from purchasing inventory to paying for unexpected expenses.
If you need to purchase new equipment for your business, our equipment financing options can help. We offer competitive rates and flexible repayment terms, so you can get the equipment you require without breaking the bank.
Merchant Cash Advances:
A merchant cash advance is a fast and easy way to get funding for your business. We offer cash advances based on your future credit card sales, so you can get the money you require without a lengthy application process.
Small Business Loans:
Our small business loans are designed to help you grow your business. We offer loans with competitive rates and flexible repayment terms, so you can focus on building your business without worrying about your finances.
Why Choose BitX Funding
There are many lenders out there who offer small business loans, so why should you choose BitX Funding?
Here are just a few reasons:
Fast Approval Times:
We understand that time is of the essence when it comes to small business loans, which is why we offer fast approval times. You can get approved for a loan in as little as 24 hours, so you can focus on growing your business.
Flexible Repayment Terms:
We offer flexible repayment terms that are designed to fit your specific needs and budget. We work with you to find a repayment plan that works for you, so you can focus on building your business without worrying about your finances. Competitive Rates:
Our rates are competitive, which means you can get the funding you require without breaking the bank. We believe in transparent pricing, so you’ll always know exactly what you’re paying for.
Who can acquire fast business loans?
- Equipment failure-Some Small businesses rely on specialized equipment; it might be a small restaurant that owns a pizza oven or a large milling machine that plays an integral role in your manufacturing process. When your equipment gets down, your business suffers as a consequence.
- An opportunity to expand-Maybe your working space is asking for an extra next door, or the more prominent storefront down the street is now on sale; then you need quick access to money to put things all together. The opportunity to expand acquires for quick access to capital might.
- Unexpected opportunities to increase profits-What if your suppliers offer you an incredible discount on the inventories, and you know that it could be an opportunity to fuel your business? To avail of quick-turnaround inventory at a steep discount can be a great addition to your business, so a fast loan can serve this purchase for you.
- Growing pains-None of us wants to say no to the opportunities to overcome unexpected expenses, including the ramping up of employees, training, office equipment, or any other expense related to your small business growth. To keep your business viable, growing pains must be considered with persistence.
- Building maintenance problems- Maintenance issues aren’t only for small businesses, but could also wreak havoc on established businesses. Occasionally plumbing, electrical, digging up a sewer line, or putting a new roof on your building maintenance issues can add to the bill in your wallet.
BitX Funding-Business line of credit
BitX Funding provides you with short-term business lines of credit; your wallet could be topped up with a credit line for up to $250,000.
Requirements for Qualification
- To qualify for a BitX loan, your business must have been operating in the market for at least one year.
- Your annual revenue must be at least $50,000 (revenue of $4,200 monthly revenue could also work)
BitX’s Simple Online Application
- Create an account
- Fill out the application with basic information in just a few minutes
- Upload required financials
- Once you complete the requirements, you will get a fast response
- Once approved, you can have access to business funds immediately.
- You must pay off the funds within 6, 12, or 18 months.
- You must pay for the speed and convenience of BitX Funding.
- Loans carry a monthly fee, which typically ranges from 1.5% to 10% (it may vary)
BitX Funding – Business loan for working capital
BitX is an online Marketplace. It offers term loans from $5,000 to $500,000 and lines of credit from $6,000 to $100,000.
- You must have a personal FICO score of at least 500>.
- Your business should be operating for at least one year.
- Annual revenue of at least $100,000.
- Must have a business bank account.
How to apply?
It typically takes less than five minutes to apply for a loan.
- You can apply online or over the phone.
- After applying, the loan advisor will reach out. Usually, loan advisors take one business day.
- Then, after 24 hours, you can get your funds back.
BitX Funding-Business credit
With BitX, you can have your funds within 24 hours. Business owners can swiftly apply for a loan, and they get to know if they are approved or not in just a matter of a few minutes.
- Business owners must carry a credit score of at least 500>
At BitX Funding, we understand the challenges that small business owners face when it comes to financing. That’s why we offer a wide range of loan options to help you grow your business. Our loans are fast, flexible, and affordable, making them the perfect solution for small business owners who require quick funding. If you’re in need of a small business loan, contact us today to learn more about our loan options and how we can help you grow your business.
BitX Funding is an online marketplace for small business owners looking to fund a project. We specialize in connecting small business owners with lenders who will compete for your business. We believe small business owners drive the economy and are passionate about helping your company reach its full potential.