How to apply for a loan
Submit an online application form to create an account. Send Tillful the details of your company, and they'll find you a personal Lending Advisor immediately. There is no charge or obligation, which will not adversely affect your credit rating.
Have a conversation with your customer service representative. Your Lending Advisor will estimate how much money you'll be eligible for, and they'll help you complete the loan application.
Get access to pre-approved offers. Examine a selection of the many available options.
Get Your business funded immediately. As little as 24 hours later, you'll have the money you need.
Requirements
The minimum qualification is having monthly sales of $5,000 and having been in business for at least six months. There is a wide variety of criteria that different lending institutions look for. Tillful likes companies that have been in business for a long time, have good revenue and cash flow, have good business credit (and sometimes good personal credit), and have been in business for a long time. Educate yourself on the methods that lenders used to evaluate risk.
Application details
Getting authorized varies by lender. Increasing your business credit score, ensuring that you have at least three months of bank statements from a business bank account, having at least six months in business, having minimally damaging revenue months, and having minimally poor marks such as bankruptcies and liens are some best practices for increasing your chances. Other best practices include having at least six months in business.
