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Frequently Asked Questions

  • What can we do for your business?

    BusinessHardMoney.com specializes in building relationships with business owners who require fast and reliable financing for their businesses. We do not offer traditional bad credit business loans or secured loans, and therefore are able to get liquid cash infusions to business owners who need them lighting fast and with no collateral required. We offer alternative business financing and specialize in same day acceptance for qualified applicants, who can get access to direct capital in as little as 48 hours. Please note that we do not provide start-up funding or personal loans, your business must be at least 3 months old to qualify.
  • How much cash can you receive?

    Depending on your monthly revenue, our cash advances range from $1,000 to as much as $10,000,000, with no restrictions on how you use the money once you get it.
  • How does our business financing work?

    Our underwriters will determine the initial amount of business financing you receive based off of three months of your financial records indicating gross monthly sales over $6,000. Once you are approved, you are free to use the funded amount for anything you may require, including paying off mortgages, purchasing equipment, payroll or paying outstanding loans. How you use the money is up to you, the business owner. Once your advance is 70% repaid, you have the option to refinance for up to 200% of the original amount of funding you received. There is no limit to the amount of times you can use our service, and we aim to be a resource that you can count on for whenever you need business funding. After you receive the funding, we deduct a small fixed percentage of your bank deposits until the cash advance is repaid. Essentially, a portion of your future earnings are purchased, which allows us to give you liquid cash up-front when you need it. Our payment plan is designed to be proportional to your earnings and put minimal strain on the cash flow of your business so that you will never be overburdened by payments.
  • How is a merchant cash advance different from a loan?

    A merchant cash advance is different from a bank loan in a few key ways. Bank loans require minimum credit scores and take stock of your assets to use as collateral. This process means that it can take upwards of a month for a traditional business loan to be processed, and once approved you must put your assets on the line through a personal guarantee of collateral. In a worst case scenario, you could lose your property or receivables, or be rejected outright because of bad credit or other issues. BusinessHardMoney.com cash advances do not take bad credit into account, and we require no collateral in order to provide a liquid cash infusion for an enterprise. Furthermore, thanks to our streamlined underwriting process, we can approve deals often on the same day they are submitted.
  • What Makes Us Different?

    It is our belief that business owners who cannot get the financing they require from traditional lenders should still have options. Therefore, we do not require business plans to approve funding, and need no collateral from business owners seeking our business loans. A merchant cash advance functions like a purchase of a portion of your future sales. What this means is that if we agree to provide you with direct capital financing, we are invested in your success. We offer business funding starting at $1,000 up to $10,000,000 to existing businesses in any industry, meaning the business must be at least 3 months old.
  • How can I qualify?

    In order to be eligible for our small business funding programs, you must own your business, have been operating for at least 3 months, and have bank records indicating revenue of at least $6,000 a month. Bad credit, previous loans or advances and even recent bankruptcy are not a problem.

For more information or assistance, please feel free to contact us at 800 763 5722, or fill in the contact form.