Getting a loan from a bank to start your small business is not a very easy task. In fact, even if you have what banks are looking for, sometimes securing a loan from one seems like too long of a process. For many small businesses, there seems like there should be a quicker, easier way.
In addition, if you’re just starting a business, it takes at least a year get to the point where you can prove these things. Therefore, getting money to start your business is often more challenging.
Though some businesses are having success with crowdfunding, it’s not a guaranteed or reliable way to fund a business. Therefore, many new entrepreneurs stick to the standard methods of borrowing money from friends or using their credit cards to fund their new businesses. However, there is another way.
When you use an alternative lender like IRH Capital, you will get all the perks and professionalism of borrowing from a bank, without the stress, hassle and expectations. IRH Capital offers loans from $3000 to $1 million that you can use to:
Many entrepreneurs learn the hard way that during the first year — even when your business is incorporated — many banks will still look at your credit; and they expect to see that you have the ability to repay; (not only by your current income; but also by your track record).
Save yourself the hassle and contact us at IRH Capital Loans today!