Business Loan Calculator
We can provide the funding you need without the annoyance of providing endless stipulations.
How to Get a Same Day Business Loan
Whether you’re looking for ways to cover operational expenses or scale your growth, SpringFi can help you accomplish your goals. Our company offers educational resources to help you identify financing options and determine what will work best for your requirements. Learn how to get a business loan in just a few steps.
How To Get A Same Day Business Loan
A Step-by-Step Guide On Getting Your Business Loan
Getting funding for your business doesn’t have to be complicated or time-consuming. Here’s how to receive funding in as little as 24 hours.
Are you looking for ways to cover rent, utilities, inventory or expansions? Calculate the associated costs of your endeavors to determine how much funding your business will require. SpringFi offers several ways to meet your needs with funds ranging from $5,000 to $5,000,000.
See what you qualify for without any costs or obligations. Our online form only takes about five minutes to complete, allowing you to save time and focus on your business operations.
If you're wondering how to get a business loan with bad credit, SpringFi can offer peace of mind. Your credit score isn't a deal breaker for us — our underwriters assess your cash flow to make financing decisions.
After you submit an application and send us your bank statements, we'll let you know if our underwriters need any other documentation. Typically, our team reviews your documents and provides a decision in as little as four to 10 hours.
While offers vary depending on your business's financial circumstance and situation, some of our funding options include:
- Invoice factoring: Receive a portion of your unpaid invoices upfront to help increase cash flow and alleviate financial pressure.
- Equipment financing: Get the equipment replacements or temporary machines you need without paying large upfront costs.
- Merchant cash advances (MCAs): Request a lump sum of cash in exchange for a percentage of your future credit card sales.
- Unsecured business loans: Receive the funding you need while safeguarding your business's assets.
Have questions or want more information about each funding type? Our specialists can offer guidance to help you make informed decisions.
To show how much income your business brings in, you'll need to provide your bank statements from the last four months. If you have a high number of credit card sales, we also recommend including those records.
Once approved, you can receive your funds within as little as 24 hours. We don't restrict your fund usage, which gives you the freedom to support and grow your business as you see fit.
Why Partner With SpringFi?
At SpringFi, we have over 20 years of combined experience in financing. We proudly serve many businesses, from construction to manufacturing and retail industries. When you work with us, we’ll offer expert advice to help you stay competitive and scale your growth. We provide the following:
- Trusted relationships: Enjoy getting to know us as we learn about you and your business.
- Fast funding timelines: Eliminate the wait — apply, submit your documents and receive an answer quickly.
- Helpful online resources: Use our digital payment calculator to see a breakdown of fund repayment options.
- Flexible financing options: Explore top financing offers from our extensive network of funders and investors.
- No credit score requirements: Discover how to get a fast business loan with bad credit — we don’t make credit scores our top priority.
- No prepayment penalties: Choose a financing option that works best for your business and receive discount rewards for early payments.
- Transparency and honesty: Stay informed throughout your application process and receive valuable, business-related advice at any time.
Explore Funding Options for Your Business
Still wondering how to get a same-day business loan with bad credit? No worries — the experienced, knowledgeable team at SpringFi is here to help. Send us a message or call 929-460-9727 to learn more about our flexible financing options and get started today.
Services
SpringFi business funding can be much more affordable than a business overdraft or credit card.
Getting A Decision On Your Business Loan
Here are a few commonly asked questions about how we determine your loan options and terms.
We look at your business's financial health, including cash flow and credit score. We may also consider your business plan and the purpose of the loan. Our goal is to get a full understanding of your business to better help you.
No. Your credit score plays a role, but it's not the only thing we look at. We're here to find a solution that fits, regardless of credit history.
Absolutely. We specialize in helping businesses that might not meet traditional banking criteria. Our flexible options are designed for situations just like yours.
Typically, we’ll only ask for 4 months of business bank statements to determine cash flow. In cases when a business has a high volume of transactions, we’ll ask for 4 months of credit card processing statements to determine eligibility for a Merchant Cash Advance (MCA).
While the age of your business can play a role, it's not the only factor. We focus on your business's current health and future potential.
The amount varies based on your business needs and qualifications. We offer a range of loan sizes to fit different business goals
