How long does it take to receive funding?

Funds can be transferred in as fast as 24 hours for working capital and equipment financing. For SBA loans, please allow 2-4 weeks for processing.

Will applying affect my personal credit score?

No. To explore your business funding options, we do not pull a personal credit report. If you accept funding, we will do a soft credit pull which will not affect your score.

What if I have a previous bankruptcy, judgment or tax lien?

Having a previous bankruptcy, judgment, or tax lien on your record does not immediately disqualify you. We will look at these issues on a case-by-case basis to find the right solution.

What if my business is just starting out?

We require a minimum of 6 months in business to qualify for funding. In addition, we require you to have an active business checking account with deposits so we can analyze the business cash flow.

Why should I choose American Business Services?

We have provided over $2 billion in funding to thousands of small businesses. We are highly rated and 82% of our clients are happy enough to return for additional funding.

What are the rates for a small business loan?

Rates start as low as 3.75% for our secured small business loan products. Get in touch with us to determine the rates and details for your specific situation.

What information do I need to provide with my application?

For our unsecured funding programs, we’ll review your most recent 3 months business bank statements. For SBA loans and real estate loans, we’ll request a full financial package.

What if my credit score is not satisfactory?

Having bad credit does not disqualify you from funding. We look at other strengths in your business like industry, time in business and cash flow trends to secure the ideal funding solution.

What is the minimum criteria to qualify for funding?

In general, we require at least 6 months time in business, an active business checking account, and an average of $20,000 per month in deposit volume to be considered for our funding programs.

How often can I request funding for my business?

Most of our clients return for additional funding, but it will depend on your current balance and cash flow trends. We want to make sure that your payment obligations do not overly burden your business.

Explore your funding options.

Call us today at (844) 636-0698

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Checking rates won’t affect your credit score.