Question 1

What is Alternative Funding?

Accepted Answer

Alternative funding is a form of business funding that allows businesses to get unsecured funds with minimum paperwork even if their credit score is below average. Businesses can also enjoy flexible terms and easy repayment methods. Approvals are quick and in most cases funds are deposited into the business's account within 24 hours.

Question 2

How does your process work?

Accepted Answer

Our process is simple, hassle-free, and the fastest way to secure working capital for your business. Our process is perfect for small to medium sized businesses as we do not require collateral or personal security. We provide immediate access to funds regardless of credit score since our funding process is based on how well the business performs. If your business qualifies, you can receive funds in as little as 24 hours.

Question 3

What is Working Capital?

Accepted Answer

Working capital is the money used to cover all of a company's short-term expenses, including inventory, payments on short-term debt, and day-to-day expenses—called operating expenses. Working capital is critical since it is used to keep a business operating smoothly and meet all its financial obligations.

Question 4

Is there a fee to apply?

Accepted Answer

No, we do not charge any fees to apply or receive an offer.

Question 5

Why ACR Funding vs a traditional lender?

Accepted Answer

Traditional lenders such as banks have made it extremely difficult for small business owners to qualify for loans. Banks reject upwards of 80% of the small business loans due to bad personal credit scores of the borrowers, limited time in business, collateral requirements, and other red tape.

Question 6

How quickly can I receive funds?

Accepted Answer

Often times we can secure funding the same day you apply. If your business qualifies, we can arrange for same day funding via wire transfer or ACH.

Question 7

Is there a fee to apply?

Accepted Answer

No, we do not charge any fees to apply or receive an offer.

Question 8

What do I need to apply?

Accepted Answer

Applying is easy and hassle-free. Along with the required information in the application process, we need the last 3 months’ bank statements from your business account. In rare situations, if additional documents are needed one of our team members will reach out to request them.

Question 9

Do you check my credit score?

Accepted Answer

ACR Funding does not perform credit checks. However, some lenders may pull a soft inquiry also known as a soft credit check or soft credit pull.     Unlike hard inquiries, soft inquiries do not affect your credit scores

Question 10

What if I have poor credit?

Accepted Answer

We provide a fast and efficient financing process based on your business performance rather than your personal credit score.

Question 11

Why ACR Funding vs a traditional lender?

Accepted Answer

Traditional lenders such as banks have made it extremely difficult for small business owners to qualify for loans. Banks reject upwards of 80% of the small business loans due to bad personal credit scores of the borrowers, limited time in business, collateral requirements, and other red tape.     With that said, applying for one of the funding solutions from ACR Funding is a much better option because you get unsecured, immediate access to working capital with flexible repayment terms.

Question 12

What is a Revenue Advance?

Accepted Answer

A revenue advance, also known as a merchant cash advance, is not a loan, rather it is an alternative source of fast working capital for your business via a purchase of a portion of your future revenues. Those revenues could be via payment card receivables for example, or other regular revenue streams your business receives. Unlike a loan that will require a fixed monthly payment amount, your business will only make flexible daily remittances to repay the revenue advance, based on a percentage of actual future receivables.

Question 13

Are there industries you do not provide funding for?

Accepted Answer

We offer funding for a large number of industries, including high-risk industries like construction and contracting. However, we do not provide funding for businesses associated with gambling, firearms, or adult entertainment.

Question 14

Do I still qualify if I already have an outstanding loan?

Accepted Answer

Yes, you can still qualify if you meet the requirements with no effect on your traditional bank loan.

Same Day
Business Loans

Minimum Requirements

6+ Months Time In Business
$15,000 Monthly Revenue
4 Months of Bank Statements

APPLY NOW

Get up to $1,000,000 in as little as 24 hours or less

ACR Funding does not perform hard credit inquiries

Purchase Inventory

Cover Payroll

Expand Your Team

Grow Your Business

Cover Expenses

Easy To Apply

Same Day Funding

Up to $1,000,000

Competitive Rates

Join Thousands Who Received Business Funding

Apply Online In 5 Minutes

6500+

Businesses Helped

24 hrs

Same Day Funding

Millions

In Funding Secured

97%

Approval Rating

We Fund Businesses of All Types

Including These Business Categories and More

Trucking & Transportation

Construction & Contracting

Restaurants & Bars

Beauty Salons
Barbers & Spas

Gas Stations & Convenience Stores

Auto Repair & Sales

Retail Stores & Ecommerce

Landscaping & Nursery

Same Day Business Loans

Minimum Requirements

6+ Months Time In Business $15,000 Monthly Revenue 4 Months of Bank Statements

APPLY NOW

Get up to $1,000,000 in as little as 24 hours or less

ACR Funding does not perform hard credit inquiries

Purchase Inventory

Cover Payroll

Expand Your Team

Grow Your Business

Cover Expenses

Easy To Apply

Same Day Funding

Up to $1,000,000

Competitive Rates

Join Thousands Who Received Business Funding

Apply Online In 5 Minutes

6500+

Businesses Helped

24 hrs

Same Day Funding

Millions

In Funding Secured

97%

Approval Rating

We Fund Businesses of All Types

Including These Business Categories and More

Same Day
Business Loans

6+ Months Time In Business
$15,000 Monthly Revenue
4 Months of Bank Statements