Question 1

Q: How do you provide value to my business?

Accepted Answer

As entrepreneurs, we understand that you need enough working capital to fund the many aspects of your business. Our value is in providing the capital you need today to maintain and grow your business for tomorrow and beyond.
The approval requirements for our lending programs are significantly lower compared to secured bank loans, so our funding programs are the fastest and easiest way to obtain the money you need. In addition, unlike traditional banks, we offer post-funding support in the form of strategic and financial consulting—free of charge.

Question 2

Q: What is the application process?

Accepted Answer

The application process is straightforward and should take approximately five minutes. You can fill out the form on our website (www.smartfundinggroup.net)to guide you through the process. No obligation to apply at this stage. You can give us general information about your business. Once we receive your form and information, we will contact you within 2 business hours and we will discuss about next steps for business loans.

Question 3

Q: What are your minimum requirements to be approved for funding?

Accepted Answer

For established businesses:
1. Minimum of 4 months in business.
2. Minimum of $6,000 in gross monthly revenues.
3. No need credit report
4. Your business is based in the United States.
      
      For Start-Ups and New Businesses:
       1. Business Owners' credit report. ( over 680 )
       2. Any business industry.
       3. Quick funding.. No need for  any business income.
       4. You can borrow up $100,000 business line of credit.

Question 4

Q: What can I use the money for?

Accepted Answer

It is your money for your business, so you can use it however you see fit. Many of our clients use funding to cover payroll, renovate, manage inventory, expand, purchase equipment, and a variety of miscellaneous business expenses. You are the expert in maintaining and growing your company, and we are the experts in getting you the money you need to do so. It’s a win-win situation.

Question 5

Q: I have bad credit and even a previous bankruptcy. Can you get me funding?

Accepted Answer

This is one of our most frequently asked questions and the answer is YES! If you have poor personal credit, or even have filed previously for bankruptcy, we can still provide you with working capital. The qualifications are 1) you have been in business for at least six months and 2) your business generates sales in excess of $6,500 per month. In over 90% of cases, if you meet these two requirements, we can provide you with funding!

Question 6

Q: How long does the approval process take?

Accepted Answer

Typically, approval is within 24 hours after we receive your full application, but it can take up to 48 hours, depending on how quickly you provide the required information, as well as the amount of funding being requested.

Question 7

Q: How long will it take to receive my money?

Accepted Answer

Usually within 48 - 60  hours after a contract is executed and received.

Question 8

Q: How does the Financial process work?

Accepted Answer

At Financial, our process is very simple. We assess your future sales revenues and get you the money you need to maintain and grow your business.
Once we receive the quick application (undefined)or the full pre-qualification application, as well as a couple of supporting documents, funding takes place within 48 hours

Question 9

Q: How much money am I eligible to receive?

Accepted Answer

The amount that you qualify for varies, but is generally between 75%-125% of your business’ monthly sales revenue.

Question 10

Q: Are you providing me with a loan?

Accepted Answer

Technically, this is not a loan. We buy a percentage of your future sales, and advance you that money upfront. In exchange, you agree to pay us back out of those future sales.

Question 11

Q: Do I have to take the full amount that I am approved for?

Accepted Answer

No. You decide how much of the approved amount that you wish to receive.

Question 12

Q: What types of businesses/industries do you work with?

Accepted Answer

We work with over 500 different industry groups in a variety of sectors, such as food service, health care, automotive, textiles, manufacturing, construction, technology, and retail. Click here t(www.smartfundinggroup.net)o complete the general form.

Question 13

Q: What information and supporting documents do I need to supply?

Accepted Answer

Established businesses: 
We require copies of the following: bank statements for the last 4 months, driver’s license, lease agreement, and a voided check from your business bank account.

Start-ups:
- Recent credit report provided by you. We do not check credit for pre-approval.
- No need business income

Question 14

Q: How can I ensure that my application is processed as fast as possible?

Accepted Answer

We do everything within our power to make the funding process simple, fast, and hassle-free, but we need your cooperation, too! The best way to avoid delays and receive your funding as quickly as possible is to provide all requested documentation to us in a timely manner.

FREQUENTLY ASKED QUESTIONS

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