Don’t let fluctuating revenue or a bad credit score stand in the way! A small business lending company can provide the resources to help secure the capital you need for success.
Depending on your situation, goals, and revenue, you can secure a cash advance for your business to cover temporary cash flow shortfalls and pay for:
• Equipment, inventory, or supplies
• Employee salaries
• Short-term projects or repair emergencies
You don’t need to dig up years’ worth of history to gain approval. All that’s needed to secure a cash advance for your business is:
• Signed receivables purchase agreement
• Business mortgage statement or business lease agreement
• Valid government-issued photo ID of all owners
• Bank statements from the business bank account associated with the business—most recent 3 months
Don’t worry! If you’re not sure what this all means, we’re happy to talk this through with you. That’s what we’re here for.
For advances over $100,000, we require your most recent business tax return.
Unlike a loan, a merchant cash advance provides your business with capital by allowing us to purchase a percentage of your daily credit and debit card sales.
• No need to provide any additional assets as collateral
• Set percentage remitted every day
• Remittances are deducted automatically
• Average term length: 3 to 15 months
Getting your small business off the ground can feel like an uphill battle if you have a low credit score or fluctuating revenue. A merchant cash advance for your small business will allow you to:
• Avoid potential damage to your credit score
• Obtain an advance with a lower credit score
• Access capital to support your business goals without offering up assets or committing to costly loan repayments
Traditional bank loans require mountains of paperwork and weeks of waiting—and still have staggeringly low approval rates. With Lend Bucket, you can:
• Complete an online application form in 10 minutes or less.
• Expect a response based on an assessment of your business’s health within one business day.
• If approved, receive your business’s cash advance directly in your account in less than 24 hours.
Fluctuating revenue or a poor credit score shouldn’t prevent a healthy, growing business from reaching its full potential. Merchant cash advances are available to businesses that meet the following criteria:
• 500+ credit score
• 6+ months in business
• $15,000+ average monthly bank deposits*
Lend Bucket aims to make both funding and remittances intuitive, convenient, and easy to manage.
• We present merchant cash advance pricing as a factor rate: Factor Rate = Purchased Amount ÷ Advanced Amount.
• Underwriting fee: A one-time 2.5% of the total advance amount set up fee is added to your balance at funding
• Admin fee: $50 monthly payment
Click the “Get Started” button, enter some basic business information, and pre-qualify for loans for your small business.
Once approved, a loan advisor will reach out to you with the options you qualify for and help you choose the best business loan or financing product for your situation.
Funds are deposited directly into your bank account so you can use your funding immediately
One of the leading merchant cash advance companies
With a TrustPilot rating of 4.8, an A+ on BBB, and a history of helping over 30,000 small businesses throughout the USA achieve their dreams, a merchant cash advance from Lend Bucket is more than a mere transaction—it’s a partnership.
The financing provider that cares about your potential
Lend Bucket recognizes that you’re more than just your credit score and income statement, which is why we look at your potential growth and overall business health when assessing your application.
Merchant cash advance financing can be great for seasonal businesses or those looking for short-term financing options. Is it right for you?
Lend Bucket’s mission is to provide small and medium-sized businesses like yours with streamlined access to the funding you need to operate and grow.
Lend Bucket helps small and medium-sized businesses get funding. We strive to be a trusted and committed partner to you, our customers. We make getting loans for businesses affordable, simple, and transparent.
Lend Bucket is a direct lender of working capital loans and merchant cash advances. Through our partners, we offer SBA loans, business lines of credit, equipment financing, long-term loans, and invoice factoring.
Our financing experts can help you:
We work with small and medium-sized businesses to connect them with much-needed capital. Lend Bucket combines data science with a human touch, and we work directly with you to get the best company loans or financing for your unique needs, so you can focus on your products and services.
Some funding products like merchant cash advances and invoice factoring are less credit dependent because these financing products are based on sales instead of a credit report.
Similarly, equipment financing does not have as much emphasis on credit because the equipment can be used as collateral if you default on your loan. Many of our financing solutions can help you build business credit as well.
The eligibility requirements for Lend Bucket’s small business loans and financing depend on which one you’ve selected and are based on a business owner’s specific credit history and creditworthiness. Generally, you need to have:
Specific requirements will vary.
Before asking “how to apply for a small business loan or financing?” you should first consider whether the capital will help your business grow or help your business survive a crisis.
If you don’t have a good reason for business financing, the fees and interest can really add up.
However, if the business financing will help you buy new equipment, hire needed staff, or survive a crisis like the COVID-19 pandemic, then you should consider each of the following questions when reviewing the financing option.
Startups almost never qualify for traditional bank loans, and that is true for Lend Bucket’s business loans and financing as well.
However, there are a lot of options in small business loans and financing for new businesses and startups, including:
How can I use a small business loan or financing?
“Flexible” means that you can use the capital to fund whatever your business needs.
Some business financing is flexible in its usage, such as a working capital loan, business expansion loan, merchant cash advance, business line of credit, or SBA loan.
However, some loan and financing options are not flexible. Equipment financing can only be used to purchase or lease equipment. Any type of real estate loan will also be specific to funding a physical business location.
Wondering “how do I get a business loan”? Take ten minutes to pre-qualify for small business loans online and we will respond with the best funding options for you. You can get funds in your bank account in as little as 24 hours.
Lend Bucket’s mission is to provide small and medium-sized businesses like yours with streamlined access to the funding you need to operate and grow.
When the traditional banks say no, we talk to you about your business. It’s why we’re
trusted by over 30,000 businesses in over 325 industries.
