Small Business Loans

Fast Simple Small Business Loans

At ROI Business Funding, we can help your business get an unsecured, short-term small business loan in the quickest and simplest way possible—without the frustration and hassle of traditional loans.

As a small business owner, there are plenty of strategies that you can implement to grow and expand your business—like boost marketing, invest in equipment, build your website, hire more employees, or stock up on inventory. However, all of these things require capital, and most small businesses do not always have enough cash on hand to take advantage of the opportunities to accelerate your sales and growth. To make matters worse, banks are not lending to businesses like they once did so we understand that getting a small business loan can be daunting. It takes a lot of time, hassle, and paperwork. What’s even more frustrating for many business owners is that it usually takes weeks to get a response. When they finally get a decision from the bank, often times the answer is a NO. At ROI Business Funding, we understand that all businesses need capital to grow. When small businesses get turned down by banks, we step in and help them find alternative ways to get the capital they need.

When you need financing fast as your business expands, a short-term, unsecured loan can offer you the capital you need to help your business succeed. Short-term loans are designed to meet the financing needs of small businesses that need working capital to handle temporary cash-flow gaps and other purposes, including providing capital for payroll or inventory, buying equipment, or having the purchasing power to get volume discounts and negotiate better pricing. They can be a versatile financial tool to better manage cash flow, launch marketing campaigns, deal with unexpected expenses, and take advantage of new business opportunities to generate more revenues.

AUTOMATED CLEARING HOUSE (ACH Loans)

With short-term, unsecured loans, you borrow a specific amount of money and pay it back over a set term. Your loan approval amounts are based on your cash flow and the gross deposits of your business checking account. Whereas secured business loans are taken against a borrower’s assets, unsecured business loans require no collateral. Because the lender takes on greater risk, unsecured business loans often come with higher interest rates than secured ones do, and you will typically repay the loan faster. The term lengths of short-term loans range from 3-18 months, and payments are fixed daily until the loan is fully repaid. We’ll set up a fixed deduction amount based on the historical sales of the business. The daily amount withdrawn is fixed, not the percentage of revenue. This program is ideal for business owners who don’t use credit card transactions or who don’t have merchant accounts. With our short-term, unsecured loan program, we make simple, direct bank-to-bank electronic transfers to provide your business funds quickly, and you don’t have to worry about missing a payment.

ADVANTAGES

Business Loans from $5,000- $500,000 (3 to 18 month terms)
No collateral needed
Set payment structure
Minimal paperwork
Bad Credit OK.
Unrestricted use of funds.
Suitable for a wide range of business purposes
Quick turnaround time

MINIMUM QUALIFICATIONS

Time in business: At least 3 months, ideally 1 or more years in business
Annual Gross Revenue: $100,000 or more in the past 12 months
Business Bank Account: Must have business banking, not personal account

REQUIRED DOCUMENTS

Signed Application
At least 3 months of business bank statements (preferably 6 months)

TURNAROUND TIME

Application: Quick and simple. <10 minutes
Approval time: Within 24-48 hours
Funding time: Within 24-48 hours

The bottom line?

Unsecured, short-term loans provide quick and easy access to capital, without the hassle of a traditional loan. The use of these funds is also unrestricted so business owners get to decide what’s best for their business. If you’re looking purchase new equipment, expand your business to a new location, or hire more employees, securing an unsecured, short-term loan can make these changes a lot more viable. Unsecured, short-term loans are one of the quickest and simplest ways to get you the capital you need with no more ridiculous red tape, and they require minimal paperwork.

At ROI Business Funding, we can help you decide whether a short-term, unsecured business loan is right for you and your company. After collecting some preliminary information on your business’ financial status, our dedicated Funding Specialists determine what loan products best meet the needs of your business. Let us help you find the best funding for your business so that you can focus on doing what you really want to do—grow your business. Our team of dedicated funding specialists will help you at every step of the way. Apply today and get approved for your small business loan. There’s no obligation and you can have a decision in as fast as 24 hours. Call us at (800) 215-2998.

Small Business Loans

Fast Simple Small Business Loans

ROI Business Funding

ROI Chicago

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