Q. What can Horizon Business Funding do for my business?
A. We offer an alternative to traditional bank loans. Our small business financing program is much different from traditional bank loans.
If you have been declined by banks, credit unions, or other lenders due to bad credit, or for any other reason, we can provide you with working capital
to help you grow your business.
Bank loans require extensive documentation and review, and it can take weeks or even months to get approved. On the other hand, we offer same-day approval and funding in as little as 24 hours. All you have to do to qualify for one of our small business financing programs is complete the form on this page. We enable business owners to put their gross future receivables to work instantly.
Q. How does Horizon's small business financing work?
A. We issue small business financing on the basis of your gross monthly bank deposits.
When we provide you with a business cash advance, we are in effect purchasing a portion of your future earnings.
advance your funds up front, and then we deduct a small fixed percentage from your daily bank deposits until the advance is paid back.
Our payment plan is designed to put minimal strain on your cash flow, as payments are always proportionate to your earnings.
You will never be overburdened with payments when business is slow, and there is no fixed repayment term.
Here are just a few of the advantages that our business cash advance program offers:
- Cash advances do not appear on your credit report.
- There are no liens on your home or business.
- No collateral or personal guarantees are required.
Q. Will I qualify?
A. Because we are not a bank or a conventional lender, we are able to approve most applicants for funding. However, we do have minimum requirements that must be met. In order to qualify, you must:
- Own your business
- Be in business for at least 3 months.
- Show proof of revenue totaling at least $10,000 per month.
Q. Does Horizon provide start-up business grants?
A. No, Horizon does not offer financing for start-up businesses. You must be in business for at least 3 months and provide bank deposits that show monthly balances of at least $10,000. If you are not yet in business or your gross monthly sales are less than $10,000, we will not be able to provide you with funding.
Q. How can I use the funding?
A. You may use your small buiness funding any way you like. Recipients typically use their funds to maintain or expand their business in some way. This includes expenses such as payroll, purchasing or repairing equipment, hiring new employees, or expanding to a new location. We do not place any restrictions on your use of the funds we provide.
Q. How quickly can I receive funding?
A: We specialize in providing same-day approval for eligible applicants. As soon as the approval process is complete, your cash advance is directly deposited into your business checking account. After approval, you can receive your capital within 24 hours.
Q. How much cash can I receive?
A. Our small business cash advances range from $1,000 to as much as $1,000,000.
Q. How can I get started?
A. You can apply for small business financing by simply filling out the application form on this page. One of our experienced sales representatives will contact you within one business day. For information or assistance, feel free to contact us at 888-487-5509.