Business Loans
Empowering Your Ventures
Welcome to ADF, where we understand the pulse of entrepreneurship and the need for financial support to fuel your business dreams. Our comprehensive business loan solutions are tailored to meet the diverse needs of entrepreneurs like you, enabling you to seize opportunities, expand operations, and achieve your growth aspirations.
Understanding Business Loans
A business loan is a financial instrument designed to provide capital for business expenses, expansion, or other commercial purposes. Whether you're a startup seeking seed funding or an established company looking to expand your operations, a business loan can offer the necessary financial leverage to propel your enterprise forward.
Loan Amounts
$200,000 – $5,000,000
Loan Terms
5 – 20 Years
Interest Rates
6.50% – 12.75%
Time
Within 7 - 14 business days
Types of Business Loans
- Term Loans: These loans provide a lump sum of capital that the borrower repays over a fixed period, typically with a predetermined interest rate.
- Line of Credit: A revolving credit line that allows businesses to borrow funds up to a specified limit. Interest is only charged on the amount borrowed.
- SBA Loans: Small Business Administration (SBA) loans are government-backed loans that offer favorable terms and lower interest rates to qualifying small businesses.
Who is Eligible for a Business Loan: The Three Cs
Small and emerging businesses have the potential to qualify for a business loan, with eligibility largely dependent on factors such as creditworthiness. Business owners boasting strong credit scores and a positive borrowing track record stand the best chance of approval.
When considering loan applications, All Day Funding LLC evaluates what is commonly known as the Three Cs: Credit, Cash flow, and Collateral. It's advantageous to possess a credit score falling within the range of 600 to 800, with an optimal score exceeding 700. Additionally, maintaining a monthly cash flow balance of $1,000 to $5,000 is favorable, though we also analyze tax returns, profit margins, and annual revenue. While unsecured funding is preferred, collateral remains an option. Ultimately, possessing at least one of the Three Cs significantly enhances loan eligibility.
It's essential to acknowledge that businesses younger than two years or individuals with poor credit histories may encounter challenges in securing loan approval. Lenders prioritize reliability and seek assurances that applicants pose minimal risk.
Ideal Annual Revenue
$20,000
Ideal Credit Score
600 – 800
Time In Business
2 Years
How Business Loans Work
When it comes to Business Loans, the primary concern for most small business owners is understanding the qualification process. While they are known for offering favorable rates and costs, Business Loans aren't always the simplest to secure.
At All Day Funding LLC, we have a track record of assisting numerous small business owners in successfully navigating the application and qualification process for business loans.
Our dedicated team boasts extensive experience and expertise in guiding you through every step.
Moreover, we are committed to identifying the most suitable product tailored to your specific needs.
How To Apply / Documents Needed
Applying for a business loan with ADF is a streamlined process designed for your convenience:
- Online Application: Fill out the online application form with basic information about your business and financing needs.
- Documentation Submission: Submit the required documents through our secured email.
- Review and Approval: Our underwriting team will review your application and documents promptly to assess eligibility and determine the loan terms.
- Funding: Upon approval and execution of all legal documents, funds will be disbursed directly to your business account, allowing you to start leveraging them for your business goals.
Required Documents:
- Business Plan: Detailed overview of your business, including market analysis, revenue projections, and growth strategies.
- Financial Statements: Income statements, balance sheets, and cash flow statements to assess the financial health of your business.
- Tax Returns: Personal and business tax returns for the past few years.
- - Legal Documentation: Business licenses, permits, articles of incorporation, and other legal documents verifying the existence and structure of your business.
- Collateral Documentation: If applicable, documents related to collateral such as property deeds, equipment invoices, or vehicle titles.
All Day Funding LLC Assists You In Discovering The Optimal Business Loans Tailored To Your Ventures
Interested in finding funding for your business? All Day Funding LLC would love to help! If you’re looking to fund your business within the next 30 to 90 days and have a credit score of 600 – 800, let’s chat! Get pre-qualified right now with our quick-step pre-qualification form! And don’t worry, this will not result in a hard credit inquiry of sensitive information. We just want to learn more about you and your business. Click below to get started!
Fast, Easy, & Secure
Use our secure channel to prequalify in less than 5 minutes without impacting your credit score. Get funds as fast as 7 days after your application is complete.
Streamlined Process
We’ve streamlined the loan application process so you only complete one application when you apply for a Business loan.