It used to be that even if a company showed strong promise in their sales, or boasted a credit score that would make the richest and stingiest bankers weep into their gold-dusted ice cream, something as small as a tax lien would turn into a mountainous roadblock between a business owner and the Small Business Administration (SBA) loan needed to make a business dream a reality.
That’s just one of the reasons why National Business Capital made the Hybridge SBA™ Loan—to make it easier for main street to get the SBA funds they need. You know what kind of business loan is best for your company. Who’s to say otherwise?
685 FICO: The rampant clinical obsession with perfect credit scores among bankers and other lenders is nothing short of rude and pretentious to the team at NBC. No business is perfect, and every business needs to grow and develop in one way or another. That’s why NBC made the Hybridge SBA Loan available for all businesses with credit scores of 685 and up, instead of imposing the ridiculous standards set by the vast majority of SBA providers.
2+ Years in Business: Every business has its story. Some are shorter than others. NBC wants to give all businesses a chance to lengthen their lifespan by getting the SBA funds they deserve—from the youngest companies taking their first steps, to the most elderly seeking to stretch out their golden years for generations to come.
$100K in Annual Gross Sales: Most banks and other lenders see $100,000 in annual revenue and laugh in small business owners’ faces. But NBC sees enormous potential in $100,000. In fact, they see enough promise in that amount to give SBA funding with the best terms available. Besides, the whole point of funding a business is for growth and development. $100,000 is an excellent launching point.
Now that you’re hooked, we’ll move on to the really exciting stuff. But first, some exposition:
In the past, if small business owners have financial records that blow away all of NBC’s standards above, as mentioned earlier, something as small as a tax lien or a missed payment from 5 years ago would come back to bite where it hurts.
For a funding option with “small business” in the title, it certainly seems like SBA lenders are especially reluctant to forgive applicants for even the smallest mistakes, which accounts for their measly approval rate of 48%.
Here’s the three biggest ways NBC’s Hybridge SBA Loan helps you get the funding you need, that no other lender can provide:
So now you know just a few of the ways the Hybridge SBA Loan is finally making SBA funding a possibility for all small business owners. If you’d like to speak to an expert Business Financing Advisor to learn more, call (877) 482-3008 to ask any questions you might have.
And of course, you can always fill out this 1-minute application form online to get the ball rolling today!
Or, check out our blog—The NBC Advisor—and the Hybridge SBA Loan Program Page to dive deeper into the Hybridge process, and discusses the many more ways it’s helping thousands of small business owners get the funding they need.
National Business Capital is the #1 FinTech marketplace offering small business loans and services. Harnessing the power of smart technology and even smarter people, we’ve streamlined the approval process to secure over $1 billion in financing for small business owners to date.
Our expert Business Financing Advisors work within our 75+ Lender Marketplace in real time to give you easy access to the best low-interest SBA loans, short and long-term loans and business lines of credit, as well as a full suite of revenue-driving business services.
We strengthen local communities one small business loan at a time. For every deal we fund, we donate 10 meals to Feeding America!
Megan is passionate about helping business owners along their journey - providing them with relevant content they can use in their day-to-day operations.