FINANCING OPTIONS
We are committed to helping your business grow.
Is your business having trouble accessing short-term financing?
Nowadays, it’s difficult to find a financing company that processes short-term loans without mounds of paperwork, such as a long list of lending requirements.
J.A. Biz Funding can do the work for you and help you secure financing fast.
What is Short-Term Lending?
This is a type of loan provided for businesses to finance additional capital or building projects and paid back in less than a year.
At J.A. Biz Funding, we help small and mid-sized businesses secure instant approval for short-term loans so they can get through hard times.
Requirements for Financing Options
Here is a list of basic requirements needed for all of our funding options excluding SBA Loans. Please see the SBA Loans section below for the specific requirements that the SBA has.
- 2 year of Business Operations
- FICA Credit Score of at least 625
- Current on lease
- Minimum of $150,000 annually in Credit Card Processing
- No more then 5 negative days in NSFs
- At least 8 deposits per month
- Good Business Standing
- No Tax Liens Or Bankruptcy in the past 2 years.
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Merchant Cash Advance (MCA)
This is a cash advance given to businesses based on their credit and debit card sales. Small businesses can apply for MCA at J.A. Biz Funding and have the amount deposited in their bank account as early as the following day.
Small businesses that can benefit from MCA include retail business, construction companies, restaurants, etc.
Merchant Credit Card Cash Advance (MCCA)
This is similar to MCA. Financing approval is also based on your credit or debit card sales. There are no fixed payments or annual percentage rates with MCCA. Instead, a one-off fee is charged.
MCCA is ideal for businesses looking for instant funds for their marketing campaigns.
Automated Clearance House (ACH) Loans
These are perfect for businesses looking for fast funding with quick HR approval. Payments are fixed with up-front fees and always withdrawn at a prescribed date.
ACH loans are a good option for medical supply companies and other similar businesses seeking funding for bulk inventory purchases.
Small Business Administration (SBA) Loans
These are ideal for small to medium-sized businesses planning to expand, such as restaurants, general freight Trucking, fitness and recreational sports center, and general automation.
The following requirements are considered for businesses to qualify for SBA loans:
- Credit score history
- Good cash flow and revenue
- At least 2 years of business operation
- Collateral
- Business Plan
J.A. Biz Funding: The Smart Financing Company for You
As a business owner, we understand your need to be ahead of your competitors. Through our financing, we can help you get through it and achieve your goals.
Get your small business loans and create growth opportunities.