How to Get Business Financing
The more prepared you are to apply for business financing, the smoother the application process will be. In order to increase your chances of approval for any of the financing options mentioned above, consider preparing the following:
- Tax returns
- Credit history
- Recent invoices and business transactions
- Pay off any outstanding debt, if possible
- Business plans
- Valuable asset collateral
Keeping these in mind, your business will be well on its way to being fully prepared to apply for the right financing option.
Types of Small Business Loans
Werkwallet offers a wide array of funding products and other financing solutions to ensure that we can offer the best funding solution for your business. Whether you are looking to pursue a growth initiative or need additional working capital to support your cash flow, we’ll put together the best funding solution for your unique business needs. Our short-term loans, long-term loans, and other financing solutions have varying loan terms, repayment terms (or remittance durations), and qualifying criteria, so we can tailor the best financing solution for your business.
Are you looking to increase your staff, scale your marketing campaigns, purchase new decor, or stabilize your cash flows? Working capital loans are a great way to ensure that you always have enough cash flow to seize an opportunity as it arises.
With a low APR and longer payback period, business expansion loans are ideal for renovations, a down payment for opening a new location, adding new equipment or opening a food truck.
Revolving business lines of credit provide the most flexible access to working capital, anytime you need it. Draw as you need and only pay for what you use.
Questions call 1-888-232-6099
Commercial Building Construction
Heavy Civil Construction
SUBJECT TO RECEIPT OF REQUIRED DOCUMENTATION, UNDERWRITING GUIDELINES, AND PROCESSING TIME BY MERCHANT'S BANK. FINANCING FOR MORE THAN $250,000 MAY REQUIRE ADDITIONAL UNDERWRITING REVIEW TIME. FUNDS ARE DEPOSITED INTO YOUR BUSINESS CHECKING ACCOUNT AS SOON AS THE NEXT BUSINESS DAY AFTER APPROVAL AND ACCEPTANCE OF TERMS. CERTAIN PRODUCT PAYMENTS HELP TO IMPROVE YOUR BUSINESS AND PERSONAL CREDIT SCORES
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