Small business owners have come to realize how difficult it is to get approved for a bank loan or line of credit.
Small business bank loans have much more strict approval criteria than other forms of business financing. Expect to be able to show good revenue, great personal/business credit scores, significant time in business, assets to secure the loan amount (in some cases), and the most important part is convincing the banker they can trust you with their money.
Fortunately, WPFSI, an SBA/CDFI lender is your alternative small business loan source.
Samll Business Loans To Meet Your Business Needs
Fixed-rate financing for major purchases with a secured vehicle or equipment loan, or an unsecured business loan. Call 215-452-0100 to learn more.
Expedited Loan Program
WPFSI’s Expeditated Loan Program provides financing from $1,000 to $20,000 to eligible small businesses.
Loan requests are processed faster
Loan closing within 30 days of completed application