To qualify for a small business loan, applicants typically need at least a 600 credit score, an operational business for 12+ months, no bankruptcies in the past 3 years, and $20,000 in monthly revenue. Additionally, your business should be in good standing with your Secretary of State and be incorporated in the United States. To better tailor our financial solutions to your unique needs, we may occasionally request additional financial documents.

Navigating the world of small business loans can seem daunting, but with Cardiff, we aim to simplify the journey. The ease of approval largely depends on various factors, including your business’s financial health, credit score, and operational history. At Cardiff, we’ve streamlined our criteria and process to ensure a more straightforward and transparent approval journey. With our dedicated support and clear guidelines, securing a loan for your business’s growth has never been easier.

In the dynamic world of business, every moment counts. At Cardiff, we recognize the importance of swift financial decisions. That’s why we’ve optimized our process to offer same day approvals for our small business loans. But we don’t stop there; once approved, we also ensure same day funding, enabling your business to capitalize on opportunities without delay. With Cardiff, you’re not just getting a loan; you’re getting a partner that values your time and ambition.

At Cardiff, we’ve set a benchmark to ensure we cater to a broad spectrum of businesses. A credit score of 600 is the foundational requirement for our business loans, striking a balance between accessibility and financial responsibility. In addition, our application process utilizes a soft credit pull, which does not impact your personal credit score.

At Cardiff, we understand that every business has unique financial needs. That’s why we offer both secured and unsecured small business loan options. A secured loan requires you to provide collateral, such as property or equipment, which can be claimed by us if the loan isn’t repaid. On the other hand, our unsecured business loans don’t require any collateral, offering flexibility without tying up your assets. Dive into Cardiff’s diverse loan offerings to find the perfect fit for your business’s financial journey.

Unsecured business loans, like those offered by Cardiff, provide businesses with the capital they need without requiring any collateral. Unlike secured loans, where assets such as property or equipment are pledged to back the loan, unsecured loans are based primarily on the borrower’s creditworthiness and business health. This means that businesses can access funds without tying up their assets. At Cardiff, we’ve streamlined our application process, ensuring businesses can swiftly apply and receive decisions, often on the same day. Our commitment is to offer flexible and accessible financial solutions, like our unsecured business loans, to support businesses at every stage of their journey.

At Cardiff, we understand the urgency businesses often face when seeking financial support. For our unsecured business loans, we’ve optimized our application and review processes to prioritize efficiency. As a result, we offer same day approvals and funding. Our aim is to ensure that businesses can swiftly access the funds they need, minimizing downtime and maximizing opportunities.

A small business loan from Cardiff is designed to offer flexibility and support to businesses in various stages of growth. You can utilize the funds for a multitude of purposes, including:

• Expanding operations or opening new locations.

• Purchasing inventory or new equipment.

• Hiring staff or funding payroll during peak seasons.

• Launching marketing and advertising campaigns.

• Covering day-to-day operational costs during cash flow gaps.

• Investing in research and development for new products or services.

• Renovating or upgrading business premises.

With Cardiff’s small business loans, you have the freedom to channel the funds where your business needs it most, ensuring sustainable growth and success.

Connecting your business checking account with Plaid™ allows us, as one of the top equipment finance companies, to streamline the application and verification process. It enables us to securely and quickly verify your business’s financial information, saving you time and effort. This connection ensures a seamless experience, allowing us to assess your eligibility and provide you with financing options efficiently.