UCapital – The Experts In No Documentation Loans
Your business is your livelihood, and as such, you’ll do whatever it takes in order to make sure that it runs as smoothly as possible. However, there are things that are simply out of your control which can put your small business in a difficult situation. From increasing competition and employment issues to changing consumer tastes and the unpredictability of the global prices of goods, there are many possible factors that could force you to search for short-term financing for your business in Sydney or New South Wales.
When you need quick funding so that you can tame your cash flow or better control your finances, you can count on UCapital to provide you with the no doc business loans or low doc commercial loans that you require.
Straightforward Business Loans with No or Low Documentation
UCapital is a leading provider of short-term alternative business loans, a type of short-term funding that doesn’t require you to put up your house, your car, or any other valuable asset as collateral when you need cash fast.
We know how difficult it can be for small businesses to obtain such sort of financing given the stringent requirements of most banks and other financial institutions. Aside from requiring business owners to pledge security against the debt, they are also often asked to provide voluminous documentation of their income to prove their capability to repay the loan.
At UCapital, we simply ask for a few documents:
- Valid identification—a driver’s license or any state-issued card is usually enough
- Last 3 to 6 months’ bank statements for loans between $5,000 and $50,000
- Most recent financials and receivables, plus last 3 to 6 months’ bank statements for loans between $50,000 and $250,000.
To qualify for a short-term loan, your business should be at least 12 months old and should have a turnover of more than $5,000 a month. Moreover, your business should also have a healthy, regular cash flow that ensures a continuing stream of income.
Apply for a Short-Term No-Collateral Business Loan Today
With the help of UCapital, you don’t have to risk your other valuable assets just to fund your primary source of income. Our no doc business loans and low doc commercial loans are easily approved within 3 to 7 days—sometimes even less than 24 hours—to allow you to quickly take advantage of the money you need.
If you’re a business owner in Sydney or New South Wales, you can reach us by calling 1300 123 455. You may also apply for a loan online.