Business Financing #2
Business Loan
How Small Business Loans Can Help Your business
Application Process
Apply online or with a dedicated funding specialist
You can apply online or with a dedicated funding specialist. We recommend having the necessary documents on hand to make the process even faster (i.e. driver’s license or passport for the business owner, copies of business bank statements).
Review by dedicated funding specialist
A dedicated funding specialist will carefully review your business financing application and reach out if we need any additional information. Once a funding decision has been made your dedicated funding specialist will reach out to you with funding options if approved.
Get Funded
If approved and you accept an offer funds will be sent to the business bank account provided. You could have your loan funds in as quick as 24 hours.
Find out how much you qualify for
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FAQs
With Citizens Business Finance, applying for a small business loan is fast and easy. The documents needed are a valid form of identification and three months of business bank statements, and your business bank account and routing number. In some cases other information may be required. If approved and you accept the offer working capital will be sent directly to the business bank account provided.
What are the requirements for a business loan?
In order to be considered for a business loan, the business must have been in business for a least 6 months and have a business bank account in the business name. A copy of identification for the business owner (i.e. driver’s license or passport) and business bank account information will be required for submission for a loan. While this isn’t a comprehensive list, these are the most common requirements when applying for a business loan.
In order to be considered for a business loan, the business must have been in business for a least 6 months and have a business bank account in the business name. A copy of identification for the business owner (i.e. driver’s license or passport) and business bank account information will be required for submission for a loan. While this isn’t a comprehensive list, these are the most common requirements when applying for a business loan.
We know your credit score doesn’t tell the whole story of your small business. That’s why we consider other qualifying factors, such as time in business and average monthly revenue. Even if your credit is less than stellar, we’ll work with you to find the lending option that makes the most sense for your business.How quickly can I receive funds after applying for a small business loan?
With a traditional lender, the application process can take weeks. Then, if you are approved, you’ll probably wait a few more weeks for your loan funds to come through. Citizens Business Finance makes it easy to apply and get your loan funded fast. If approved, you could have your loan funds in as quick as 24 hours.