How long does it take to get approval for business financing?

With Sapphire Consultants Funding, getting fast business cash is exactly that – fast. Most of our clients are approved within a few business hours. Funding is typically delivered directly the next day.

How much business cash can I obtain?

At Sapphire Consultants Funding, we know businesses are NOT one size fits all. We work with many financial partners to create a variety of customizable financing options. Based on your needs and finances, we will work together to find a number and plan that works best for your business when you call us at (929) 409-3580

Does it cost anything to apply or get approved for financing?

There is absolutely NO cost to apply or get approved for small business funding.

Will I qualify?

Over 70% of our business financing applications are approved, compared to banks that only approve 30% of small business loans. You likely qualify for our financial funding if your business:

Has been owned by you for at least one year. (Some exceptions possible for 7 to 11 months.

Brings in at least $100,000 in sales per year (or about $10,000 a month).

Has no open bankruptcies.

When would I not qualify?

We are passionate about connecting with businesses and helping them expand through business funding. However, to offer such easy, simple business financing, there are times a business cannot be approved at the moment. For example, a business may not be approved for funding if:

The business has been open less than 7 months.

The business has an open bankruptcy.

There is a negative landlord reference. (Do not worry if you have a positive landlord reference and are behind on rent; if it's good, that's no problem.)

There are significant judgements and/or liens without a payment plan.

Will my credit history be reviewed?

As part of the qualification process, credit history will be reviewed, but don't panic. Whereas traditional small business loans from banks focus on credit history, it is not the primary decision tool for pricing or financing approval.

Only for our Premium Programs does a business owner's credit history have a larger impact.

Would I, the business owner, have to pledge collateral for the loan?

Most of clients do NOT need pledged assets or pledged collateral. There are some exceptions; you can discuss this with the trained funding specialist who will be assigned to you. Ask this question and any others you may have by giving us a call at (929) 409-3580

Are there limits on how I can use my small business financing?

No. Once you are granted a small business loan, you are free to allocate the money where and how your business needs it most. After all, it's your business; you know it best.