How do I sign up?
Just fill out our online signup form. This shouldn’t take more than 10 minutes, and there is no charge for your initial consultation. Don’t worry about hidden fees or charges. We’re interested in helping your business succeed, not in nickeling and diming you with hidden hidden fees.
Is this going to be difficult?
Not in the least. We know that business owners and entrepreneurs are busy people. So are we. So it’s in everyone’s best interest that we make things as simple as possible. Our job is to help you find the best financing for your business. And the best way to do that is by making the process as simple as possible.
Does Flex Business Loans ever do a hard credit pull?
Never. We want you to have the highest credit score possible. This will make it easier for you to qualify for a business loan. We won’t jeopardize your credit score by ordering a hard credit pull. We will, though, ask for your credit score. Be honest when we ask; it helps us connect you to the right business lenders. Remember, too, that once you do apply for a business loan, your lending source will pull your credit.
Why would I work with your company instead of going directly to my bank?
Did you know that only one out of 10 businesses receives its loan from its local bank? That’s a shockingly small number. Did you also know that seven out of 10 businesses who work with us end up getting their loans through a lender relationship we’ve set up for them? That’s a surprisingly high number. Remember, when you work with us, you get to choose from multiple loan options. You can then compare these options to whatever your bank offers. We think we’ll come out on top.
Is my personal credit going to be important?
Definitely. Lenders want to make sure that you are going to pay back their loans on time. If you have a high credit score, it means that you’ve paid your bills on time in the past. Lenders prefer working with clients who’ve shown an ability to handle credit. This doesn’t mean, though, that you need perfect credit to qualify for all business loans. We can help you find the right loan even if your credit suffers from a ding or two.
How secure is my information?
Very. We rely on the same 256-bit encryption as banks and security agencies. This means that no one will gain access to your personal information. Consider us a safe haven.
How long does the funding process take?
It won’t take more than a few minutes to complete your online profile. You can then expect banks or other lenders to contact you, often within three days, sometimes within just a few hours. The time it takes to receive your loan will vary from this point. Some lending sources can complete the underwriting process in two to three weeks. Others will take a full month or slightly longer.
Are you a direct lender?
We are not. Flex Business Loans does not originate loans. We are not a bank or lender. What we do is connect you with the best lenders for your business needs. Working with us, you’ll have your choice of lending offers from which to choose.
Do you have direct relationships with lenders?
We do. We partner with banks and lenders across the country. The goal is to find as many possible loan products from which you can choose. We believe that this is the best way for you to find the right loan for you and your business.
What credit requirements do I need?
Here’s the truth about credit scores. If you have a perfect credit score, lenders will be thrilled to work with you. But if you have a score that’s less than perfect? It doesn’t mean that you can’t qualify for a business loan. Remember, lenders look at a host of factors when determining whether to approve you for a loan. This includes credit scores, but it also includes the strength of your business plan, the community in which you want to locate your small business, and your past experience in the world of business. Our expert consultants can help you find the right lender, no matter what credit score you have.
Do you offer loans outside the United States?
Not at this time. Our goal is to help U.S. entrepreneurs reach their small business dreams. Maybe once we help every business owner across the United States, we’ll consider working with those from other corners of the globe.
What if I don’t qualify for a loan?
First, you’ll never know if you qualify without filling out our online profile. Do that now. It’s free and it’s easy. Then, if you don’t qualify for a business loan, we’ll tell you why. And, most importantly, we’ll tell you what you should do to improve your odds of qualifying next time.
What can I use the money for?
You’re the business owner. Use your money to help your business succeed. Remember, though, that the type of loan you get does determine how you can use your money. If you receive an equipment loan, you’ll need to spend the money on equipment to help your business. If you receive a consolidation loan, you’ll need to use the money to cover the costs of consolidating your business.
Who can I call with questions?
Us. We’re the ones who want to help you succeed. If you have any questions or concerns, don’t hesitate to give us a call. Remember, the only stupid question is the one that you never ask.