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Do not rush a business line of credit application

By April 29, 2019 No Comments

Do you know people who rush through something important and a bit complicated, end up missing something vital, and complain about it later after they have been fleeced?

That is the situation small business owners face if they rush a business line of credit application.

One of the main reasons for rushing the application is that most small business owners do not have one, thinking they will never need it.  It is called the “illusion of confidence”.  And when they DO need a business line of credit to help with an emergency or great opportunity, they are in rush mode, which means they are moving fast and making mistakes. It is always better to have a line of credit and not need it, then to need a line of credit and not have it.

Not having a line of credit handy could be one reason why 50 percent of small businesses fail in the first five years in Alabama, AL, Arkansas, AR, Delaware, DE, Florida, FL, Georgia, GA, Kentucky, KY, Louisiana, LA, Maryland, MD, Maine, ME, Michigan, MI, Mississippi, MS, North Carolina, NC, New York, NY, Ohio, OH, Pennsylvania, PA, South Carolina, SC, Tennessee, TN, Texas, TX, Vermont, VT, Virginia, VA, and West Virginia, WV.

We encourage you to apply for a business line of credit when you are not in a rush and can consider all of the questions properly.   Some lending companies are not as transparent as others, so you will need to ask pointed questions.

We invite you to look at our business line of credit application here (APPLY ONLINE HERE), fill it out at your leisure, and call us if you have any questions.

All Merchant Funding has a streamlined funding process and only need your three most recent business bank statements to provide an offer!

We also provide other funding solutions like invoice factoring, merchant cash advance, cash flow loans, merchant funding, term loans, equipment financing, and equipment loans.

IF YOU ARE LOOKING AT lending companies for a business line of credit as well as a honest partner to help grow your business, please contact us at (800) 628-1001 or funding@allmerchantfunding.com.  Thank you!

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About our merchant funding company
Our company is located in Chesapeake, Virginia and serves businesses in Alabama, AL, Arkansas, AR, Delaware, DE, Florida, FL, Georgia, GA, Kentucky, KY, Louisiana, LA, Maryland, MD, Maine, ME, Michigan, MI, Mississippi, MS, North Carolina, NC, New York, NY, Ohio, OH, Pennsylvania, PA, South Carolina, SC, Tennessee, TN, Texas, TX, Vermont, VT, Virginia, VA, and West Virginia, WV.  Clients count on us for many types of financing like a business line of credit, invoice factoring, merchant cash advance, cash flow loans, merchant funding, term loans, equipment financing, and equipment loans. Some lending companies are slow, but if 24-hour approvals with a streamlined funding process is what you need to grow your business, All Merchant Funding is for you.

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