Keeping a business running smoothly often requires a little extra cash from time to time. Sometimes getting the funds is easier said than done. Advance Funds Network understands the needs of small to medium-size business owners and offers short-term and flexible commercial loans so you can keep your business both competitive and profitable. Learn how easy it can be to get a business loan from AFN and what they all have to offer.
We offer a variety of funding options
How the Short-Term Loans Work
When you get a short-term loan from AFN, you can use a variety of collateral such as cars, boats and other business equipment. Even business owners who have bad credit can still be approved for a business loan through AFN. All you need to do is apply with AFN and provide us with a little information and you’re well on your way to getting the funding your business needs to flourish.
We have a very easy and convenient application process. You may even be able to get an additional loan on top of an existing loan you may already have. You also will not be required to put up any credit card receivables. AFN offers a variety of funding options that can be customized to your business and the timing of your business cash flows.
Whether you borrow as little as $10,000 or as much as $10 million, the process is just as fast and straight forward. Of course, there are never any upfront fees. Whatever your business needs many be, AFN is there to meet them.
What Are the Eligibility Requirements?
Revenue in monthly sales of at least $10,000
In business for at least three months (if your business accepts credit cards)
Ability to present 4-6 months of bank statements for review
Once your business receives funding, you will have a few different options on how to pay the money back. You can choose a percentage of your sales or a percentage of your credit card transactions. If that is not attractive to you, you’ll also have the option of making daily, weekly or monthly payments. Where else but AFN can you have such flexible terms on a large short-term loan?
Why Choose AFN
For the last 8 years, AFN is a financial leader for businesses that are in need of capital to operate their businesses. Unlike many financial institutions that make business owners wait days or even weeks before they get their money, AFN provides fast funding. Although eighty-five percent of the business owners who apply are approved and can have their money in hours not days and without any upfront or application fees.
In many cases, AFN does not require collateral, making the entire process hassle-free and without the worry that if things don’t work out well you will lose the collateral typically required for traditional loans. Our streamlined operations provides customers with fast approval with the least possible amount of documentation required. In addition, AFN has an excellent A+ rating with the Better Business Bureau. AFN also provides business loans for nearly every type of industry, there are no restrictions.
Easy, hassle-free process every time!