BitX Funding is a lending partner that offers true short-term unsecured business loans and small business loans with automatic fixed daily or weekly payments. If you’re looking to finance a project that has an immediate return on investment. Such as updating your location, inventory deals with a quick turnaround, marketing campaigns, seasonal hiring or high demand inventory short-term loans are for you. They range from $5,000 to $2,000,000 with terms of 3 to 24 months and the cost of capital varies by term.
Merchant Cash Advances are a viable short-term financing option if you don’t qualify for a business loan. A Merchant Cash Advance is a financing option for small businesses in which a provider pays a one-time lump sum to a merchant in exchange for a percentage of future credit card sales. Based on credit and debit card sales, our automatic daily payback allows you to pay more on busy days and less when it’s slow.
Business lines of credit allow you to draw funds whenever you need and only pay interest on funds that are put to work. Funds will be deposited directly into your bank account. Repay via automated weekly debts over six months. Your available balance replenishes as payments clear. Lines of credit can go as high as $100,000 with interest rates averaging around 13%.
BitX Funding offers true Mid-term business loans with automatic monthly payments. If you are looking to fund larger projects that pay back over a longer term with rates as low as 5.49% this option may be right for you? Terms are 12 to 60 months with traditional monthly payments and unsecured loans starting at $25,000 to $500,000.
BitX Funding start-up financing program connects entrepreneurs and business owners with $25,000 – $150,000+ in unsecured business lines of credit. This program can provide you with funding in as little as 10 days and is typically offered with 0% interest financing for the first 6-18 months.
There are various SBA programs available to small business owners, but navigating through them all is cumbersome and time-consuming. BitX Funding has relationships with several lenders offering SBA programs and will guide you through the process saving you time, money and energy. To qualify no start-ups, 3 years in business, 1.25 debt service ratio, 680 FICO +, for-profit companies and are looking for 700K to 5 Million in funding.
Choose the Loan Your Small Business Needs... GET STARTED >
Small Business Loan Services
BitX Funding offers alternative small business loan services, SBA Loans, mid-term business loans, short-term business loans, merchant cash advances and loans for startup business funding. At BitX Funding, we can help you get the working capital you need and fund your small business. BitX Funding’s small business loan services make it easier for you to receive funding when you are ready. Our loan specialists are available 6 days a week to help you get the funds that your small business needs to thrive, helping you turn your company from a startup into a growing business ready for the future. We provide best unsecured alternative small business loan services within the shortest possible time, meaning you can spend less time waiting for your funding to be approved, and more time spent making meaningful changes to your enterprise, propelling it into a successful future.
Fast Small Business Loans
Life moves fast in the world of small business. Getting a business loan in a small amount of time is critical, no matter what you are trying to accomplish. Without a Fast Small Business Loan, you will be lag behind the competition and miss your chance to take your business to another level.
Sadly, getting a small business loan in 24 hours is impossible. Bankers will take a deep look at your business to decide if you are a good fit for the business loan. Therefore, this procedure takes few weeks. So, some business owners can’t wait for that long; therefore, in our fast, small business loans process, you can easily apply, qualify, view diverse options, and get your fund in few hours. As a different lender, we don’t restrict the borrower by time and qualifications.
BitX Funding services more than 700 different industries. Some of our most popular categories include:
Common retail lending needs are inventory, marketing, advertising, and expansion; all things that our small business loan services can help make possible.
Common dental practice needs that our small business lending can support are inventory, specialized dental equipment, and expansion.
Common medical practice lending needs are specific tools for medical procedures, marketing, advertising, and expansion.
Auto Body Lending
Common auto business lending needs are inventory, specialized tools, expansion, marketing, and advertising.
Common restaurant small business lending needs are inventory, kitchen, point of sale, equipment, and expansion
If you would like to learn more information about the various small business lending services that we can provide for you at BitX Funding, our highly experienced and professional Small Business Loan Specialists are available 6 days a week to get you the funding you need. Contact us today to speak with a representative to help you with your business’s needs.
BitX Funding Small Business Loan Specialists Are Available 6 Days a Week… CONTACT US >
Small-business loans assist you in maintaining your business with enough liquidity to purchase inventory, cover payroll, take on new opportunities and more. This is your time to get through a small loan process with a little know-how. You can navigate the small business loan process ahead of time knowing the lending standards of most banks and online lenders.
If you are striving to fund your business, then you need to learn some handy and convenient methods to secure a small business loan step by step.
Let us dive into the following
First you need to decide on what type of loan you are looking for such as line of credit, term loan, factoring and or equipment financing, this question more likely falls into the stream of the mentioned categories, whether you are working hard to grow your business or you are just planning to ignite your business idea.
Now choose BitX Funding’s small business loan program, you can reach out to the customer care number 800-824-2407 and ask them your concerns.
BitX Funding in contrast to conventional banking is preferable as there are no hidden charges, no underlying terms, and conditions. Plus, BitX Funding facilitates easy and fast approvals
Take a quick tour of the BitX Funding, in the slew of other online lenders, it is essential to skim through the qualification steps. If you bear a good credit score, then it is pretty much easy to secure BitX Funding for your small business.
Gather your documents- The documents include business and personal tax returns, business financial statements, Business bank statements.
Looking for perfect funding for your small business? Then stop worrying because BitX Funding is here to finance your business with suitable finance that would not grind your small business to halt. Now stop kicking your heels in searching for a business loan
The question resonates that how to apply for a small business loan,
Well, firstly you need to know that you qualify for BitX Funding small business loans, find the right type for you, and respond with your credit history and score.
You have made it! Now you are looking for the essentials to complete your application. Go and have a look at the following documents.
We have great news for you! To come a long way is never easy but BitX Funding has paved your way towards attaining a small business loan; BitX Funding is here to adorn your business with the quick finances.
BitX Funding has enormous options for your small business loans, with the lowest interest rate to uplift your business from the dumps. Ping a message and get to know about the shoring up BitX Funding small business loans.
If you talk about traditional and conventional bank lenders, then it seems a bit difficult to qualify for quick cash for your small business. But BitX Funding is familiar with your cash needs, with BitX Funding’s efficient small business loan you can either kickstart your small business or start funding for your small business to bridge up the gaps in your business.
You can avail of your business loan after 24 hours without making and a hindrance to your business growth.
The answer to this question is simple: It is up to you!
A secured loan employs asset, equipment as collateral, providing security to the lender, to recoup any kind of deprivation in the event of a default. Because in this case, the lender comes across lesser risks than a loan without security. The terms for a secured loan are often more favorable for the borrower. While unsecured finance is quicker to arrange, In the absence of valuable assets, unsecured loans rely more on the strength of your business. Lenders would more likely witness your credit rating, your business plan, and the current financial situation.
It is widely seen that it might be somewhat tough for the fledgling businesses to avail unsecured small business loans due to their shorter trading history
Well, we are afraid that you might not qualify for your small business loan with bad credit. But do not give up, it seems an uphill battle, and taking the true side in consideration, you can still qualify for the small business loans with the following loopholes.
Provide Collateral on your equipment, personal assets, and savings accounts.
Adding a co-signer to adding on stable partners, it shows up that they are willing to take on partial responsibility for securing the small business loan.
Apply for a lower amount of funding for your small business or startup
Firstly, make a quick decision if you are serious in making your business stand out or you are just here to make your business go steep down the road. We got you this time, you are downright serious about your small business.
Let us dive into the following.
Here are the four steps below to get a small business loan:
Review your startup costs
Be certain about the small business costs, to comprehend why you are using the BitX small business loan, initiate by reviewing the startup costs disguised in small business loans.
Get your documents compiled
Assure you have jotted down your small business plan, your personal credit score, or the credit score of your previous startups, and the necessary documentation.
Check your qualifications
Do you withstand an improved credit score and then this is your chance to grow your small business with BitX funding unparalleled small business programs? Project your small business finances with a suitable niche of a small loan program.
Choose the right startup loan
Choose the right type of startup loans, for better understanding, it entails equipment financing, business lines of credit, or business credit cards.
We acknowledge that your small business is on the way to accomplish your small business needs, now the following things must be considered to have proper finance for your business. Stop squandering even the single moment of your life and ignite your voyage without any hassle.
Your small business should be a yearling in the market
BitX Funding asks for a 500+ credit score for adorning you with a small business loan
100k Annual revenue for attaining a BitX Funding reliable small business loan
Small business loans from BitX Funding could be acquitted if you have all the personal bank documents with you