FUNDING FOR SMALL BUSINESSES

Paycheck Protection Program Ending

As we come to the end of May and the end of the PPP, funding for small businesses is changing. Hopefully we will see the economy come back to life and stores and restaurants open fully.  Many small and large businesses took advantage of the Paycheck Protection Program in an effort to sustain and maintain their businesses while dealing with the impact of the Covid-19 pandemic.  Some couldn’t be saved and had to close their doors.  Big box stores, small family restaurants that had been thriving for decades even shut their doors.

FUNDING STILL AVAILABLE

Although the PPP is going away there is still funding for small businesses available and even new ones.  One such program is BANK BREEZY.  This program is offering up to $25,000 in funding with approvals done online immediately.  Even funding is available the same day or the next day.

QUALIFICATIONS

The minimum loan is $2,000 and qualifying is pretty simple.  The business must have $5,000 in monthly bank revenue, a business checking account and been in business for at least 6 months.  In addition at least a credit score of 450 is required.  These stipulations apply to all types of businesses.

SIMPLE PROCESS

Everything is done online and is simple and quick.  Once you apply and is accepted, simply accept the approved amount of capital, add your online banking, review the terms of the agreement, sign it and receive your funds.  Quick and easy.

TRANSPARENCY

There are no hard credit inquiries to be concerned with, terms are easy to understand with no hidden “gotchas.”  No collateral is required to get the loans and discounts are offered for those that choose early pay.   With good payment history you earn the opportunity to apply and get more funds and you can even add on funds to a current loan.  An added bonus is having a personalized Account Manager to assist you after you have accepted funds.

LARGER FUNDING NEEDED?

If your business needs include funding larger than $25,000 you can choose to go with the normal process.  It may take a little longer to get approved and funded but the funding amount goes up to $2 million dollars.  You can apply here:  DAC.  You would need at least $25,000 in monthly banking revenue the last 3 months, a business checking account, been in business for at least 6 months and a 500 or higher credit score.

Apply right now.