Business owners usually look to banks as their primary source of financing. Nevertheless, banks have become increasingly conservative in the types of products they offer due to their risk aversion. To qualify for a loan, business owners must possess an exceptional credit score and be able to provide collateral. Banks tend to focus on maintaining stability rather than fostering expansion.
After submitting your application, waiting for approval can take several months. The convoluted corporate hierarchy and rigorous financial regulations cause a prolonged evaluation process. Additionally, the icing on the cake is that only 1 in 5 product applicants get approved. Approval may not guarantee the permanence of your product's terms, as the bank reserves the right to modify or terminate them at any given time.
Experience a seamless and hassle-free funding experience with Fund Star, where our approval rate stands at an impressive 90%. With minimal requirements and a straightforward one-page application, you can access your funds within 24 hours or less. Forget about the arduous and invasive application processes offered by banks and enjoy instant access to the cash you need.
Credit card companies link your business to your personal credit, and unfavorable credit ratings cause significant hikes in charges and reductions in your limits.
Any default in payment will directly affect your credit score.
Documentation: Business credit card applications usually require complete financial documentation from applicants.
Variance: Changes in rates and terms are subject to the credit card company's discretion, which may result in unpleasant surprises.
Fund Star cash advance is not dependent on your personal credit score. Instead, we evaluate your reliability as a business owner and provide advances even if your personal credit score is not perfect. As long as you have a good repayment history, we will continue to fund your business. To help you plan, we offer a fixed holdback upfront.
