The Benefits of Using Clover Business Loans
Clover Business Loans is a company that provides financing to small business. They work closely with clients to ensure they have the funds needed to succeed in a market that is often flooded with large corporations that have seemingly unlimited funding. They use an extensive network of lenders to ensure that businesses can find the best financing available. Clover Business Loans helps the small business save time and money when looking for financing options.
Businesses who use Clover Business Loans find that the process is easy and quick. The application can be completed and submitted online. It asks a few personal questions about the business owner’s financial history the nature of the business and basics on the loan being requested. Once submitted, the choice lenders compete to provide the best loan terms available. The small business owner has the ability to choose which lender best fits their needs. Results are often returned very quickly to allow the business owner to make the best financial decisions in a timely manner. Most loans are processed between 2 days and 2 weeks. Loans are available in amounts from $1000 through $500,000 depending on the needs and financial stability of the business.
Loan terms and acceptance will vary by lender but there are a few guidelines. First, the business should have been in operation for at least 6 months with a gross revenue of at least $10,000 for 6 months or longer. The owner’s credit score should be above 550 and they need to show proof that they are up to date on current mortgage or rent payments. The owner must also have a bank account dedicated to their business.
One of the best benefits of using Clover Business Loans as a locator for financial services is that they charge no fee to the small business. They simply act as a matching service between the business and the available lenders. Clover Business Loans uses the same encryption process as most large banks to ensure business owners that their financial information is safe. Small business owners can find affordable lending options quickly and easily through Clover Business Loans. They give peace of mind to their clients in knowing that they’re informed with all the lending options.