Running a business would ideally be effortless and stress-free, allowing the owner to sit back and watch the money roll in, but this is never the case. Anyone who has a history in business will understand all about the sleepless nights it can provide and these worries often stem from a lack of funds or financial opportunities.
Luckily, there are many more funding options these days that are available to businesses of all kinds, such as an emergency business loan.
The amount of funding options that are made easily available to business owners today is so high largely because of the internet. The days of walking into a high street bank and going through the extremely lengthy and tedious process of applying for a traditional loan are rapidly fading away.
PDQ Funding are a market leading brand when it comes to emergency business loans, they’re a company with many years’ experience and offer a loan that delivers funds quickly, is proven to be trustworthy, and doesn’t catch you out with unexplained, extensive repayment rates.
Emergency business loans help business owners out when something unexpected happens to their company, such as sales taking a sudden hit, or equipment breaking down and becoming faulty. Situations like these can leave you needing a boost of funds and fast.
Advantages to emergency business loans
There are numerous advantages to taking out an emergency business loan and as it’s designed for business owners in a tight spot, you’ll be appreciative of the flexibility, speed, and freedom they award to you.
The following is a breakdown of the main benefits an emergency business loan from PDQ Funding would give to you:
1. Get your funds and get them quickly
With an emergency business loan, you’ll receive your funds quickly, in a hassle-free fashion. This is because the process of getting an unsecured form of funding is far quicker than that of a normal high street bank. After a successful application, you can expect your funds to become available within 24 hours in most cases, meaning you’ll be able to make the purchases your business needs in no time at all.
The application process itself is also in fact very quick; you’ll have completed it within minutes and soon after you’ll find yourself in contact with a member of their expert team, who will advise you and guide you through the remainder of the procedure.
2. High levels of flexibility
The PDQ Funding emergency business loan is extremely flexible, as they understand that no two situations will ever be quite the same. They install no limitations on what you can spend your money on, meaning you have full control with regards to how your use your new, additional funding.
You may be in need of funding to buy new stock, replace broken or out of date equipment, move your venture into a new location, or just take on some extra staff members. The choice is yours and yours alone to make. This quick cash injection will aid you in doing any of those things and more.
3. It’s an unsecured loan
PDQ Funding’s emergency loans are unsecured, meaning there is no collateral attached to them that could potentially come back to bite you. Furthermore, they don’t take into account your credit rating, making this a perfect option for business owners with poor credit scores in need of some fast funding. Cash advances like this differ from traditional banking loans for these reasons.
Find out how a business merchant advance can help your company by visiting PDQ Funding today.