I’ve only been in business 6 months?
No problem! Our minimum requirements are:
- 6 months in business
- 500 credit score
- and $175,000 in annual gross revenue
can i get another loan if i need more after the first 15 days?
Yes! Our goal is to become your cash flow solution when you are unable to get credit at your local bank or through the SBA. In fact, many of our clients use both, traditional bank loans and our solutions for short term liquidity constraints.
About 2 Day funding
Meeting a Critical Need on Main Street
The vast majority of America’s Main Street businesses can’t obtain a bank loan because they don’t have assets to secure a loan and the loan amount they need is often too small for banks to consider.
This mismatch between Main Street businesses and bank lending criteria has existed for decades and affects all of us. When Main Street businesses can’t get access to adequate capital, we lose economic growth, we lose job growth, we lose tax revenues and more.
We started 2 Day Funding in 2010 as a nationwide non-bank lender dedicated to solving this problem. Using technology and proprietary credit algorithms, combined with a direct sales model, we’ve now been successfully lending to Main Street for 8 years.
Success Comes from Customer Focus
We’ve succeeded because:
- We offer busy small business owners a fast and convenient borrowing experience with a 2-minute online application, instant credit decision, multiple loan options, and next day funding.
- Our proven credit algorithms are specifically designed for Main Street businesses and measure the stability of the business, rather than evaluating assets or collateral.
- We offer guaranteed low rates made possible by selling direct, rather than through brokers.
- We have consistently demonstrated that we are a trustworthy and reliable financial partner for our small business borrowers as proven by the outstanding customer reviews and ratings that we have received for 14 years.
Today, we’re proud to say that we’ve grown our loan volume every year since 2010, originating more than $375,000,000 in loans to America’s small businesses.
So, if you are a small business owner, give us a call today (212) 514-1479 and see how 2 Day Funding can help your business grow!
OUR CREDIT SOLUTIONS
A merchant cash advance (MCA) is a lump sum of capital lent against a business’s future sales. By definition, MCAs are short-term and are repaid through smaller daily (or weekly) payments until the total advance and lender fees are paid in full.
A small business can apply for an MCA and have an advance deposited in its account fairly quickly. For this reason, it’s a go-to resource for business owners requiring immediate access to cash to meet a short-term capital need.
Cash is readily available
No limitations on purchases
Easy to qualify
A term loan provides your company with working capital in a lump sum that is paid back in 18 months or less. This loan type can be used to fund renovations, seasonal preparations or fulfill large purchase orders.
No long-term commitments
Variety of uses
A payoff loan consolidates all existing advances and loans into a single payment solution. Instead having multiple lenders, varying rates and other covenants, we will review and structure a finacial solution that will free up cash flow and extend the existing payment terms.
REDUCE THE WEEKLY PAYOUT BY 20%
GET AN 15-25% OF CAPITAL WITH PAYOFF BALANCE
LINE OF CREDIT
A business line of credit provides access to funds to spend as your company needs. A little bit like a credit card, you withdraw only what you need, up to the credit limit, and pay interest only on the amount you withdraw. You are never obligated to withdraw the entire credit line amount.
6 mONTHS TO 3 yEARS
STARTING AT 8%
24 hOURS fOR fUNDS
$15,000 TO 1,000,000