It’s tough to beat the low cost rates and long repayment terms of a working capital SBA loan. However, the traditional process of applying directly at a bank can be quite cumbersome and often results in a ‘no’. Bancovia changes that. We make it easy for you to apply for a working capital SBA loan online and our marketplace helps get you to a ‘yes’ because Bancovia matches your business with the lender most likely to fund your loan. You can use the funds in a variety of ways:
Pre-qualify without impacting your credit score! Simply provide basic information online and we’ll automatically tell you if you pre-qualify for a working capital SBA loan from $30,000 to $350,000.
Tell us how you plan to use your funds and provide financial information about your business and its owners. Your Bancovia Loans Relationship Manager is here to assist you at any point in the process.
Upload requested documents to complete your application. We’ll review your financials to confirm your business has the cash flow to afford the monthly loan payments. Funds can then be in your bank account in as fast as 7 days after your application is complete.