F.A.Q's
* 6 months in business * Minimum in bank deposits of $15,000 * Minimum deal size advance amount is $5,000 * No more than 7 negative days
* Minimum of 6 months in business * Minimum in bank deposits of $15,000 * Minimum deal size or advance amount of $5,000 * No more than 7 negative days.
* Minimum of 3 months in business * Minimum of 10 transactions per month * Minimum of 8 batches per month * Minimum monthly on your credit card of $4,000 * Minimum deal size of $5,000.
* 3 months bank statements * 3 months of process statements * signed application * driver license * voided business check.
* Typical turn around time is 48 hours to 7 days depending on the paperwork submitted. Full packages are funded quicker
* Yes, if you have a business account and you make atleast 6 deposits per month we can still qualify you for a business loan.
* The process is very simple, fill out the application either online or download it and email it back to us * Email us the additional information like your bank statements and credit card statements * Once we verify all your information we will then send you the loan terms within 48-72 hours * Funds are then deposited into your account once you have approved the payment terms
* We will set up an automatic debit from your business account 5 days per week * We can also set up payment through your credit card payment system * You can also prepay your loan when you want to
* The rate and pricing of a business loan is determined by a few different factors including the time the business has been established, the recent business performance, industry, amount of loan, and term * We dont charge any origination or upfront fees * We charge a factor rate with our loans ranging from 1.1 to 1.4 depending on your credit history and the time you've been in business
* Well our approval rate for our loans are over 95% so only a small number of people wont qualify
* The maximum amount you can borrow per location is $1,000,000 but you can possibly get more once you pay back 50% of your initial loan amount
* Yes, each location would need to supply bank statements and credit card statements. * Each location can qualify for up to $1,000,000
* No, once you borrow funds and you repay in a timely manner you can continue to borrow funds as many times as you want
Contact Us
Our Location
AAA Business Funding, 244 Madison Avenue, New York NY, 10016