How to Get a Small Business Loan Online?

Sep 18, 2024

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Starting or expanding a small business often requires capital, and securing a loan online has become one of the most convenient ways to obtain funding. In the digital age, where efficiency and speed are paramount, Marksmen Capital stands out as your go-to solution for business financing. This guide will walk you through the process of securing a small business loan online with Marksmen Capital, detailing our flagship products: the Business Term Loan and the Business Advance Program.

Why Choose Online Loans with Marksmen Capital?

In the quest for business financing, time is often of the essence. Marksmen Capital offers a streamlined application process, swift approvals, and funding that can be as fast as the same day. Here’s how you can leverage our services to fuel your business growth:

How to Get a Small Business Loan Online?

Exploring Your Options at Marksmen Capital

1. Business Term Loan

If you're looking for a traditional loan structure with competitive features, our Business Term Loan might be ideal for you:

A lump sum of capital paid back over a fixed term with set payments.

- Key Features:

- Max Funded Amount: Up to $10 Million.

- Term Length: 1 - 2 Years.

- Payment Frequency: Weekly or Monthly.

- No Prepayment Penalty: Pay off your loan early without extra fees.

- Refinance Option: Ability to refinance up to two existing loans.

- Credit Reporting: Could improve your business credit score.

- Pros:

- Predictable payments help with budgeting.

- High loan amount available for substantial projects or expansions.

- Cons:

- Stricter qualifications might exclude newer businesses or those with lower credit scores.

- Price Range: Interest rates vary based on creditworthiness, term length, and amount borrowed.

- Recommended Use: For established businesses looking to expand or invest in long-term projects.

2. Business Advance Program

For businesses needing flexibility and speed, our Business Advance Program is tailored to meet immediate cash flow needs:

An advance based on your business's cash flow, with repayment terms tied to your revenue.

- Key Features:

- Max Funded Amount: Up to $10 Million.

- Same Day Funding: Get capital when you need it most.

- Term Flexibility: Options from 6 to 24 months.

- Payment Options: Choose from daily, weekly, or monthly repayments.

- Early Payoff Discounts: Save money if you pay off the advance early.

- Pros:

- Fast access to funds.

- Payment flexibility aligns with your business's income pattern.

- Cons:

- May have higher costs compared to traditional loans if not paid off quickly.

- Price Range: The cost is typically a factor rate instead of traditional interest, which can be assessed upon application.

- Recommended Use: For businesses with strong daily sales needing quick capital for inventory, payroll, or unexpected expenses.

How to Apply with Marksmen Capital

Applying for a loan online with Marksmen Capital is straightforward:

1. Visit Our Website: Go to the top, left-hand side of this website and click on "Contact." Depending on your business needs and the amount of funding you request, we could have you fill out a simple one page application form online to or we'll send you a DocuSign form to read and fill out through email. We work with many different lenders and investors to find you the best rate and terms based on your business needs and each lender may have a different application process. (That's why the application process varies.)

2. Initial Application: Fill out a simple online form to get the process started. This will require some basic information about your business.

3. Consultation: After your application, expect a call from one of our financial experts. They'll discuss your needs, explain your options, and guide you through the next steps.

4. Submit Documentation: You'll need to provide financial documents like bank statements, business financials, and possibly tax returns.

5. Approval and Funding: Once approved, funds can be deposited into your account swiftly, often within the same day for the Business Advance.

Take the Next Step

Whether you're expanding operations, purchasing new equipment, or simply need working capital, Marksmen Capital is here to support your business's financial needs. Contact us today:

- Phone: 702-714-3393

- Email: Mark@MarksmenLending.com

With Marksmen Capital, you're not just getting a loan; you're partnering with a financier committed to your business's success. Reach out now and secure up to $10 million to propel your business forward. Remember, with over 75 lenders in our network, we guarantee to find you the best rates and terms tailored to your unique business requirements.

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