As COVID continues to financially impact small businesses across the country, many businesses are still struggling to access the support they need. The Paycheck Protection Program (PPP) was designed to provide relief to small businesses, but it has been plagued with issues from the start, including a complicated application process and limited funding. Now that the program has ended, small businesses across the country are looking for other options.
If you're a small business owner who has been unable to qualify for a PPP loan, or if you were too late to sign up because you were focusing on your business, there are still alternative solutions available that can help. Trust Capital has a solution if you missed out on the PPP Loan. The program offers monthly payments, high funding amounts (up to $10 Million), competitive rates and provides the financial support you need to keep your business going.
Our program has flexible loan qualification requirements, making it easier for more small businesses to qualify. In fact, traditional banks only approve around 20% of business financing applications meanwhile, our business financing options have about an 85% approval rate. We have programs with no credit requirement and offer both secured and unsecured options. We understand that every business is different, and we work with you to tailor a loan program that meets your specific needs. We also offer other small business loan programs, so you're sure you can find the best fit for your business.
Our team of experts is here to guide you through the loan application process and answer any questions you may have. We understand that the PPP loan guidelines can be complex, so give us a call and we will let you know what you qualify for after a few questions, or you can get started online now. All you need to get started is attach your last 3 months of business bank statements to our secure application and we can have offers for you in as soon as a couple of hours.
Whether you're looking for a COVID-19 relief loan, a stimulus package loan, or any other type of small business loan, Trust Capital has you covered. Get started today to learn more about our alternative PPP loan programs and see what Trust Capital has to offer. Get an instant approval online and see if you qualify for financing without an impact on your credit.