Small Business Loans in New York City
Sourcing the funding your small business needs to grow and succeed
Get a Loan For your Business in NYC
Small businesses loans have long been a viable way of helping aspiring entrepreneurs get off the ground. More recently, they’ve been a lifeline for owners who have encountered unforeseen hardship. If you want to remain in control of your company but need extra cash, JSV Capital offers outstanding small business loans in NYC. Below, we’ll discuss how you can qualify for our loan program and get the best possible terms.
What Is a Small Business Loan?
A small business loan describes the type of funding given to an owner or entrepreneur by a lender in order to finance their business. The borrower can use this money for various purposes, including marketing, inventory, staffing, purchasing a new location, and more. Over an agreed-upon length of time, the business owner will repay the lender the entire amount of the loan in installments. At JSV, we offer fixed payments that can be automatically deducted from your bank account weekly or monthly.
Why Take Out A Small Business Loan?
Small business loans are a resourceful way to keep your operations going. From needing a temporary boost in cash flow or to cover the cost of payroll. There are many benefits to this type of funding and these are some of the most common reasons owners take out a small business loan:
For Financial Freedom
If you’ve ever borrowed money from an investor or bank, you know that they usually want a say in how your business is run. At JSV Capital, you’re always in control. We won’t ask you about what the funding is for or put any restrictions.
To Improve Their Credit Score
Never miss a payment again thanks to JSV’s flexible, automatic payment schedule. In addition, as a business owner, you have the option of paying off your loan through fixed weekly, bi-weekly or monthly deductions which can improve your credit score.
To Grow and Expand
Whether you have plans to open a new location, want to hire more staff or need to carry additional inventory, JSV’s loans are a great way to fuel the future of your small business.
For Peace of Mind
Should an unforeseen circumstance or emergency arise, small business loans can help owners recover from declared disasters by providing immediate financial relief.
Our Business Funding Advantage
What Do I Need to Qualify For a Small Business Loan?
In order to qualify for a small business loan through JSV Capital, you will need to have been operational for at least six months and have a credit score of 500 or higher. You should also bring in $180,000 or more in annual revenue.
During the online application process, JSV Capital asks that you submit your past three months of bank statements, a valid form of identification and have a business bank account number on hand.
What Do I Need to Qualify for a Loan?
How to Apply
How Quickly Can I Receive Funds?
Once you’ve submitted your JSV small business loan application, one of our specialists will review your materials and any supporting documents. Borrowers can expect and answer in as little as one to two business days. If approved, your funds will be immediately available in your bank account. The amount of money you receive will vary on how much you’ve qualified for. Some business owners can get a microloan for immediate cash or larger loans of up to $1,000,000.
Do I Need Collateral?
Thanks to JSV Capital’s quick and easy loan process, borrowers do not have to put up collateral to obtain the needed financing for their business. If you have any questions, you can reach out to one of our dedicated loan experts today with no obligation.
Inquire about our Business Loan programs.
We are one of the most trusted sources for merchant cash advances. Unlike most lending companies, JSV Capital provides access to quick and affordable small business funding options for all types of businesses.
Like you, JSV Capital is a small business, and we take pride in helping our neighbors secure the financing they need to grow and achieve success. Contact a reputable loan consultant at JSV Capital about how we can help you and your business get funding today.
Apply for Small Business Financing
No cost to apply. Applying will not impact your credit score.