QuickBridge vs Traditional Lenders
Why are small business owners across the U.S. increasingly choosing QuickBridge over traditional lenders when it comes to seeking financing options? According to our customers, these are the top reasons why:
1. Lenient Eligibility Criteria: QuickBridge’s minimum requirements include being at least six months in business and acquiring $250,000 in annual sales. Most traditional banks require the business to be active for at least two years. The Small Business Administration (SBA) and traditional banks also require good personal credit (690+) or excellent business credit.
2. Speed & Efficiency: Unlike big banks or the SBA where application processing can take up to 90 days, QuickBridge can fund you within as little as one business day.
3. Customer Service: QuickBridge has earned a Top 3 in Customer Satisfication ranking by LendingTree. We match every applicant with a funding specialist who will walk you through the entire process and answer any questions that may arise. Read our reviews to hear our customers’ experience.
4. Personalized Solutions: QuickBridge offers personalized solutions that address the unique financial situations and needs for a wide range of industries including construction, farming, and retail. QuickBridge also offers specialized loans for women, veterans, and minorities because of the low approval rate they receive from traditional lenders. According to the SBA’s most recent data, only 4.85% of all approved federal lending contracts were for women owned businesses and 4.28% were for veteran owned businesses.
QuickBridge is the preferred choice for borrowers that are seeking a flexible and personalized lending experience. Join our community of satisfied borrowers and experience the benefits of our financing solutions.
Remember – every borrower’s situation is different so it’s essential to choose a lender and loan that aligns with your financial goals and risk tolerance. Consult with our expert funding specialists to discover which path is right for your financial needs.