Business loans lender reviews
Express Funding Group
Business Cash Advance:
$5,000 - $1,000,000
Bad credit OK
Money in 72 HRS
Must accept credit cards for at least one year to qualify
| No collateral requireded | Unsecured Money |
| No Upfront Fees | No Closing Costs |
| Simple Application Process | No Reporting to Credit Agencies |
| No set monthly Payment (Great for Seasonal Businesses!) |
The history and popularity of the business cash advance is closely tied to the growth and acceptance of credit cards and merchant accounts. As more and more businesses opened merchant accounts to accept credit cards as a form of payment, financial pioneers, such as Express Funding Group, were then able to start extending business cash advances based on the cash flow passing through those merchant accounts. Your monthly credit card sales will determine the amount of your business cash advance, and your personal comfort level will be a substantial factor in setting your repayment schedule. Express Funding Group is one of the few institutions prestigious enough to accept American Express receipts in addition to Visa, Master Card and Discover as the basis on which your Business Cash Advance is calculated. Unlike the traditional small business loan, our business cash advance is unsecured.
Repayment
Working together with our merchant account system we will automatically deduct a small percentage of your monthly credit card sales to repay your business cash advance automatically. No late fees, no stamps, no hassles! Express Funding Group knows the best method to reduce risk is to give your business what it needs, and then stay out of the way. You focus on your business and eventually the debt disappears. Express Funding Group is able to offer your company this easy and flexible payment method, because we listen to your concerns while setting your personalized repayment schedule. Our goal is to have a happy business owner who is focused on their business success, and not on loan payment due dates. By teaming up with Express Funding Group you secure more than a finance provider -- you gain an entire organization devoted to your success.
Your New Financial Partner
Express Funding Group knows small business and the demands placed on the small business owner. Call today to speak with one of our knowledgeable small business financial service specialists so that we can guide you though every detail of the very short application. We pride ourselves on our willingness to spend as much time with you as necessary to achieve full understanding. We are confident that the more you know about the Express Funding Group Business Cash Advance, the more you will want to use our service.
Getting Started
While Express Funding Group constantly strives to provide the most user friendly atmosphere, there are some requirements your business must meet in order to qualify for a business cash advance. Copies of your merchant account statements and a copy of your business license are normally sufficient documentation in order to complete your application. Your EFG small business financial service specialist will advise you in the unlikely event that more documentation is required.
Easy Requirements
Accepts credit cards as a mode of payment
Processes a minimum of $1,500.00 in credit card sales per month
Has been in business for at least 6 months
Seasonal businesses must provide 12 months of sales records; 3 months for non-seasonal businesses
Small business loans:
$10,000 - $1,000,000
Only Good Credit
10 business days to receive funding
| Startups OK. | No collateral required. |
| Unrestricted use of funds | No restrictions on business types |
| No upfront fees | Simple application process |
| Quick approval (48-72 hour approval in most cases) | No and low documentation programs available |
| Great rates and affordable terms | Largest network in the industry |
Express Funding Group has helped many business owners secure small business loans. Whether it is a start up loan for a new company, a business loan for a company on the grow, or a personal loan for the busy professional.
Whether your business is expanding, having growing pains, or simply needs some working capital to grow your business, Express Funding Group is here for you.
Our loans don't require collateral. You don't need to risk your current assets or have UCC filings placed against them. You can also rest easy knowing that our business loans won't show up on your personal credit. This is critical to the small business owner, because this can impact other financing opportunities that you may want to obtain.