Some important questions you may have

We are a provider of Fast, Friendly, Flexible finance that is truly affordable and want to make everything as clear and easy as possible to understand. Therefore here are straight talking answers to the most common questions we are asked. However, if you want further details or clarification please don’t hesitate to contact us.

Call Us +1 (646) 431 7710

 

Signature Small Business Loans offers business term loans and lines of credit. There is one application for Signature Small Business Loans financing and our system will evaluate which one best fits your business' credit profile and needs.
Our term loans range from $5,000 - $250,000 over 3 – 24 month terms.
Our lines of credit go up to $20,000. Payments are made over six months. The lines are revolving so as you pay down your balance, your available funds increase.
Signature Small Business Loan’s application process is simple and typically takes about 10 minutes. You can apply online or over the phone by calling (646) 431-7710
Typically, we only require basic information about yourself and your business. Depending on your loan amount, we may also ask for:
  1. Business Tax ID
  2. Credit card statements for the previous 3 months (Subject to request)
  3. Bank statements for the previous 1 to 3 months
  4. Social Security number of business owner(s)
  5. Driver's license number and state of issue
To qualify for Signature Small Business Loan financing, your business should have the following characteristics:
  1. 1+ year in business
  2. $100,000+ in annual revenue
  3. 500+ FICO score of the business owner
Signature Small Business Loan can deliver decisions in minutes, and funding in as fast as 24 hours.
No, there is no obligation.
Some lenders deducts a fixed, daily payment from your business bank account on a daily or weekly basis, depending on the product you are approved for. These fixed payments help ensure minimal impact to your cash flow and are proven to prevent the snowball effect often caused by missing larger monthly payments.
Some other lenders deduct a fixed monthly payment from your business bank account depending on the product you are approved for.
As a customer, you will have access to an online account where you can monitor your loan and payment activity 24/7/365.
Signature Small Business Loan loans are not unsecured. However, in most cases we do not require any specific amount, type or value of collateral and no appraisal or specific assets are required. Generally the loans are secured by a general lien on the assets of the business and backed by a personal guarantee. Our lenders do not take personal assets as collateral.
Signature Small Business Loan is faster than a bank, and better than a merchant cash advance. Unlike banks, we can deliver decisions in minutes and we value your overall business performance – not just your personal credit score. And unlike merchant cash advances, we build your business credit (with some of our lenders) and deduct fixed daily or weekly payments, rather than a batch percentage of your sales.
We work with more than 700 different kinds of businesses in all 50 U.S. states, including restaurants, retailers, auto repair shops, healthcare professionals, HVAC contractors and many other service providers.