Determining your eligibility for a small business loan hinges on several factors:
- Your industry and the scale of your business
- Your personal and/or business credit history
- The duration of time your business has been operational
- Your annual revenue.
Depending on the lender, additional requirements may include a business proposal, collateral or personal guarantee, as well as supplementary business and financial documentation such as bank statements, tax records, and business licenses.
When you submit a loan application through AAAA Transforters and Financial Services, you won't encounter extensive paperwork, obligatory collateral, or a barrage of lenders vying for your attention—we streamline the process to ensure you secure the small business financing that suits your needs, and typically within 24 hours.