BUSINESS EXPANSION FUNDING

Small businesses, medium sized businesses, and large-scale enterprises are all united by one thing — all are designed with growth in mind.

But growth does not come easily. Your company must be prepared to spend money in order to achieve this growth — by developing infrastructure, branching into new markets, and hiring new staff — and this means having the cash flow necessary to support this.

This is where First Down Funding comes in. We can offer funding products geared toward giving you the capital you need to achieve grown. We pride ourselves on our superfast application and approvals processes, and applications typically take only 100 seconds to complete.

What You and Your Business Need When Applying

As business expansion funding for businesses in the United States is often of a high value, our criteria are a little more stringent than the approval criteria for our short-term funding products. In order to qualify for one of our products, you must be able to demonstrate the following:

  • A credit score of over 620
  • Three years of trading history for your business
  • Over $20,000 worth of bank deposits each month on average
  • More than $3,600 daily balances on average

You will also be required to provide the following documentation:

  • Business funding agreements which have been hand-signed in a legally compliant manner
  • Either a business lease agreement or a business mortgage statement, as applicable
  • Copies of government identification for all listed business owners
  • Copies of business bank account statements going back twelve months
  • Extra documentation may be required if you are applying for a higher value funding package

Once all this is submitted, approval will be granted quickly. We understand that you need to strike while the iron is hot so you can gain access to the funding you need without delay. This is why we work much faster than the big banks, providing approval within hours rather than the several month timescales banks provide.

Working with Your Business to Provide What You Need

Business expansion funding is available to businesses in all 50 states and it’s a great option for companies who are looking to expand quickly and effectively. However, it might not necessarily be the best fit for your business.

We provide a range of other funding products, many of which may be better suited to your purposes, your field, and the way in which you operate. It all comes down to getting to know what you need.

So, tell us! Reach out to our team of experts and let us know what we can do to help your small business right here in the United States. With a bit of consultation, you’ll soon find yourself on the right track.

Already set on First Down Funding’s business expansion funding? No problem.

Hit the button below to start your application process and to make your move toward the funding you really need.

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