Small businesses need cash to fund operations and pursue ambitious projects. Many of these companies turn to lenders when they don’t have enough available funds. Small business lenders offer various financing solutions that give business owners the cash they need. QuickBridge is one of the small business lenders that offers tailored lending that is as unique as your business.
What is QuickBridge?
QuickBridge is a small business lender that makes it easy to get business loans. The company offers various financial products with funding in as little as 24 hours. QuickBridge was founded in 2011 and began with a $15,000 small business loan to a plumbing company. It was the first of many success stories for QuickBridge and its clients.
What are the Advantages of Getting a Business Loan with QuickBridge?
Getting a QuickBridge business loan has several advantages. Since QuickBridge offers many loans, you can get financing even if you do not have the best credit. Depending on your needs, you can choose from lengthy business loans or short-term business loans. You can also receive funding within 24 hours, while it can take over a week to receive capital from a traditional lender.
How Does QuickBridge Work?
QuickBridge guides business owners through a simple loan application process. Here’s how it works.
Apply in a Matter of Minutes
You don’t have to provide much information to apply. The company will ask for some basic details, such as your name, email, phone number, and your annual sales. QuickBridge lets you choose from these three ranges for annual sales:
- Under $250K
- $250K – $999K
- Over $1M
Once you fill out the application, you will move on to the next step.
Connect with a Funding Specialist
You can connect with one of QuickBridge’s funding specialists to discuss your company’s needs and apply for the right financial product. The specialist will answer your questions and offer some guidance before you apply.
Funds Sent to Your Account
If you apply for a business loan and get approved, the funds will arrive in your account shortly. Some business owners receive their funds within 24 hours. QuickBridge offers a much quicker process than most of its competitors.
What Business Financing Solutions Does QuickBridge Offer?
QuickBridge offers several financing solutions for business owners. These are some of the financial products you can tap into with QuickBridge.
Small Business Loans
Small business loans give you capital that you can deploy right away. You will only have to make fixed monthly payments on the amount that you borrow. QuickBridge does not have any hidden fees and lets business owners borrow up to $500,000. QuickBridge only looks at your current driver’s license and three months of bank statements for most of its small business loans. It’s rare for the alternative lender to request business or personal tax returns.
Working Capital
Working capital loans help companies maintain operations and get the cash flow they need to cover expenses. These loans are optimal for seasonal businesses that need extra funds during the slower months. You must be in business for at least six months, have at least $250,000 in minimum gross sales, and have at least a fair credit score to qualify. The maximum loan amount is $500,000.
Short Term Business Loans
A short term business loan covers short-term expenses where you need money in a pinch. These loans can help stabilize cash flow. Most of these loans range from 6-18 months, and you can borrow up to $500,000.
Emergency Loans
Emergency loans help business owners cover urgent expenses that catch them by surprise. The details for these loans are the same as other loans. A simple application process and a $500,000 maximum loan amount are the highlights.
Alternative Lending
QuickBridge offers additional types of funding, such as alternative lending, daily payment financing, unsecured business loans, receivables financing, bridge loans, and other financial products.
What Industries Does QuickBridge Serve?
QuickBridge serves a wide range of businesses. These are some of the highlights.
Real Estate Business
Real estate investors looking for extra funding can turn to QuickBridge for extra capital.
Trucking Business
Trucking businesses can use capital from QuickBridge to manage their fleets, buy trucks, and address other costs.
Healthcare Business
Healthcare businesses can turn to QuickBridge when they need extra cash.
Agriculture and Farm Business
QuickBridge makes it easy for these companies to buy equipment, hold onto cash during slower months, and maintain operations.
Other Businesses
QuickBridge is happy to work with many types of businesses. The small business lender gave its first loan to a plumbing business.
QuickBridge Business Loans Details
Are you considering a QuickBridge business loan? These are some of the details to keep in mind.
Business Loan Amounts
Your loan amount will depend on various factors, but the most you can borrow is $500,000.
Business Loan Terms
QuickBridge offers various term lengths for its financial products. You can get a loan term ranging from 4-24 months.
Business Loan Requirements
You must have at least six months of business experience and annual sales that exceed $250,000.
Associated Fees and Costs
QuickBridge does not have any hidden fees and is upfront about its costs.
How to Get Started with QuickBridge
You can get started with QuickBridge by requesting a free quote. You can fill out this application and speak with a specialist to see how much you can receive. Then, all you have to do is wait for a decision. You can receive funding within 24 hours of getting approved.