Securing quick funding for your small business in California is no easy task if you apply in banks. Even traditional lending companies take long to approve business loans. The usual application process would take months before you can get the funding — that is IF you must qualify.
Most banks have a high decline rate. But don’t get your hopes to get too low yet. There are alternative business loans for small business. Emerging small business loan companies approve and give out funding to small businesses. If you can prove that your business has a positive future projection in your sales and income streams, then you are most likely qualified.
Being able to find funding companies for small business in less time is crucial for your business growth. That is why at My American Loans, we are one of the top funding sources for small business loans Los Angeles and in the state of California. We fund nationwide and have connections to multiple MCA, Line of Credit and Business Loan Lenders. Our financing solutions include small business loans California for up to $1 million for qualified small businesses.