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Simple answers to frequent questions

Learn more about Safeguard Business Lending Source
Frequently asked questions
What would you like to know?

Still have questions? We've got answers. Email us or give us a call.

  • Q: What is your application process?

    The application process is easy and should take approximately THREE minutes. You can submit an application through our website to guide you through the process. Once we receive your full application and supporting documents, you will receive an offer within 24-48 hours.

  • Q: How do you provide value to my business?

    As a business owner/entrepreneur, we understand that you need enough working capital to fund your business. Our value is in providing the working capital you need to maintain and grow your business for tomorrow and beyond.

    The approval requirements for our lending programs are significantly shorter compared to secured bank loans, so our funding programs are a faster and easier way to obtain the funding you need. In addition, unlike traditional banks, we offer post-funding support.

  • Q: What are your basic requirements to be approved for funding?

    Minimum of six months in business.

    Minimum of $10,000 in monthly revenues.

    Your business is based in the United States.

  • Q: What can I use the money for?

    You can use it however best you see fit. Payroll, renovations, inventory, expansions, equipment purchasing, miscellaneous business expenses. You are the expert in maintaining and growing your business, and we are the experts in getting you the money to do so.

  • Q: I have poor credit and a bankruptcy. Can you get me funding?

    If you have poor personal credit, or even have filed previously for bankruptcy, we can still provide you with working capital. The qualifications are 1) you have been in business for at least six months and 2) your business generates sales in excess of $8,500 per month. In over 90% of cases, if you meet these two requirements, we can provide you with funding!

  • Q: How long does the approval process take?

    Typically, approval is within 48 hours after we receive your full application, but it can take up to 72 hours, depending on how quickly you provide the required information, as well as the amount of funding being requested.

  • Q: How long will it take to receive my money?

    Usually within 24 hours after a contract is executed and received.

  • Q: How much funding am I eligible to receive?

    The amount that you qualify for varies but is generally between 75%-125% of your business’ monthly sales revenue.

  • Q: Do I have to take the full amount that I am approved for?

    No. You decide how much of the approved amount that you wish to receive.

  • Q: What types of businesses/industries do you work with?

    We work with many different industry groups and sectors, such as food service, health care, automotive, textiles, manufacturing, construction, technology, and retail. Click here for a more complete this form.

  • Q: What information and supporting documents do I need to supply?

    We require copies of the following: bank statements, driver’s license, lease agreement, and a voided check from your business bank account.

  • Q: How can I ensure that my application is not delayed?

    The best way to avoid delays and receive your funding as quickly as possible is to provide all requested documentation to us in a timely manner. Once received we will do our best. Quickly and efficiently to provide the best experience.

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