Whether you’re requesting business financing for the first time or exploring your options, SpringFi can help you make informed decisions. Our professionals build a trusting relationship with you and offer tailored advice aligned with your industry requirements. Explore our educational resources and chat with us to learn how business loans work.

Our ProcessHow We Work

SpringFi has over 20 years of combined experience helping businesses discover their financing options, stay competitive and scale their growth. We're ready to help you accomplish your goals — follow a few steps to get started.

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Step One: Submit Your Application

Enjoy using our streamlined application process so you can get back to running your business and focus on what matters most. Our simple online form only takes about five minutes to fill out, and we use secure monitoring protocols to safeguard your confidential data.

Our underwriting team will need the past four months of your bank statements to evaluate your business’s cash flow. If you have a high number of credit card sales, we recommend providing documentation for that as well.

While those are the standard documents we require to make a financing decision, we understand that each business’s financial conditions and situations may vary. We’ll let you know if we need any other documents to determine your funding options.

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Step Two: Review Your Options

Once you submit your application and documents, one of our specialists will get in touch with you. We can provide more information about our funding options.

Feel free to use our online calculator to see how much you’ll pay based on your desired financing amount, your repayment term and how often you want to make payments. Wondering how business loans work with bad credit? We’re happy to answer your questions and offer tailored advice as needed.

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Step Three: Receive Your Funds

We can typically finance 100% to 200% of your business’s gross monthly deposits. After you’re approved, you can receive your funding in as little as 24 to 28 hours. We don’t have any restrictions on fund usage, which allows you to support and grow your business as you see fit.

Our funding options include the following:

  • Invoice factoring: If your clients don’t pay until the end of a project or you offer long repayment terms, invoice factoring services can help you increase your cash flow and alleviate financial burdens. For example, construction and remodeling industries can use invoice factoring to receive a portion of their invoices upfront. An invoice factoring company collects payments from the customer and sends the remaining funds to your business.
  • Merchant cash advances (MCAs): This funding option offers a quick way for your business to get cash upfront whenever you need to pay for unexpected costs or emergencies — in exchange, a lender receives a percentage of your daily credit or debit card income. MCAs are easier to acquire than conventional funds and often come with flexible repayment terms.
  • Equipment financing: Need new computers or tool replacements? Equipment financing options can help your business get upgrades aligned with your industry standards. The funds offer a way to invest in state-of-the-art technology, enhance your team’s productivity and minimize downtime.
  • Unsecured business loans: Want to safeguard equipment and property? Or don’t have collateral? Use unsecured business loans to receive financing for business-related expenses and choose a predictable repayment structure that works best for you.
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SERVICESServing The Needs Of Small Businesses

At SpringFi, we proudly serve businesses across many industries. Our experienced, knowledgeable specialists can help you learn how small business loans work and obtain the financing you need. So far, we've helped thousands of businesses stay competitive and succeed — partner with us to access various educational resources and funding options.

A streamlined application

Submit your application securely with just a few clicks online. If you have any questions, do not hesitate to give us a call.

Exceptional service

Once you’ve submitted your application, we’ll get in touch with you to guide you through the process.

A finance partner for life

Count on us moving forward to help you secure the financing you need to continue growing your business.

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What Makes Us Different

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Contact the SpringFi Team to Learn More

Ready to discover how fast business loans work with SpringFi? Our team can give you more information, help you submit your application and provide tailored guidance aligned with your needs. Call 929-460-9727 or fill out our online form to get started. We offer free, no-obligation quotes for funding options.