Frequently Asked Questions
Yes, at Biz Loans Now, we allow businesses to apply for multiple loan types based on their needs. Our team evaluates each application separately to find the best fit for your financial goals.
We assess each application individually. While there isn’t a strict minimum revenue requirement, a steady revenue stream can improve your chances of approval.
Yes, we offer programs specifically designed for startups and businesses with limited credit history, including credit builder programs and private business loans.
Repayments are structured to accommodate your existing loans. Each position has specific terms that we align to avoid financial strain on your business.
Most of our loan options do not include early repayment penalties. We encourage you to discuss this with our experts to understand the terms specific to your loan.
Merchant loans are designed to support revenue-driven activities. However, they can also be used for essential operational expenses like payroll and equipment upgrades.
For hard money loans, you’ll need proof of collateral (such as property deeds), identification, and a basic business financial overview.
Real estate loans typically take between 5 to 15 business days, depending on the complexity of your application and the property evaluation.
Yes, Biz Loans Now offers several options tailored for startups, including private business loans and credit builder programs, even for those with minimal operational history or credit.
If your application is denied, we provide feedback and suggest alternative financing options or improvements to strengthen your next application.