Get Reliable Microloans For Small Businesses That Are Fast And Secure!

Micro loans for small businesses

Starting a business all by yourself can be hectic – especially when it comes to sourcing funds. But it doesn’t have to be like that! We can help you set up quickly and smoothly with our microloans for small businesses. 

Here is how to open a bank account for business

And the best part: our processes are streamlined to give you comfort! Even when you can’t pay your workers’ salaries, our small loans for small businesses still got you covered. We are here to make your dream of owning and sustaining a business come true.

So, name anything that $50,000 can do for your ventures, and our experts will be on hand to help you. All you have to do to start is reach out today to get our rates!

Why Should You Choose Our Small Loans For Small Businesses?

Our Rates Are Affordable

As a startup, you definitely won’t have a proven track record for credit payment. While other loan companies would worry about that, we don’t. And even when other lenders lend you money at that stage, their rates are outrageous.

Well, we are one of a kind, and we are genuinely interested and committed to seeing small businesses grow. For that reason, we only offer rates that are commensurate with your plans.

Our Plans Are Flexible

We understand that microloans for small businesses can be somewhat limited in terms of funding and repayment. For that reason, we created flexible plans for our loans.

When you approach us with a need, we will first weigh your request. Then, we will assign you a personal advisor. He will further evaluate your business and advise you on which of our microloan plans is best for your company.

And after that, we will guide you through our repayment options. That way, you can repay the loans at your pace without stifling the growth of your small business.

Our Loans Are Secured

We are not a greenhorn lender; we have been in the business for over a decade now. Most importantly, we are certified. In other words, rest assured that our small loans for small businesses are safe for use and with no complications. Moreover, microloans don’t need collateral. So, you have nothing to fear.

Besides, our testimonials are proof of our excellence and professionalism. So, if you seek a reliable, fast, and secured loan for your small business, we are your one-stop location.

FAQs About Microloans For Small Businesses

Can I Get A Small Business Loan Despite A Bad Credit Score?

If you already have a bad credit score, getting any loan would be almost impossible. If that is you, we will advise you to improve your ratings. If you don’t know how to do that, you can reach out to us for guidance.

What Are The Steps Involved In Securing A Small Business Loan?

To access small loans for small businesses, you need a business plan. Having one shows a lender that you are serious about your company. More importantly, it shows him if your model is profitable and feasible. Ultimately, your plan will qualify you for the loan that you need.

After submitting a top-notch and clear business plan, revisit your credit history. Even though microloans are for startups, lenders would still prefer to work with a borrower with a commendable credit history. So, ensure you have a workable one!

Lastly, though rare, it is advisable to have collateral or a personal guarantee at hand should your lender ask.

How is a risk and reward calculated? Here is an article to read 

Are There Restrictions On The Use Of Microloans?

Microloans are basically for small businesses. And depending on your lender, you might have to obey a few restrictions. Regardless, you can use your small business loans for:

  • Starting your business from the ground up – or resuscitate it, 
  • Marketing purposes,
  • Payment of salaries and training expenses,
  • Purchasing office supplies,
  • Seasonal expenses that relate to your business goals, and
  • Working capital to buy inventory or supplies.

Do you have further inquiries? Reach out now, and let’s discuss them! 

1. Alabama
2. Alaska
3. Arizona
4. Arkansas
5. California
6. Colorado
7. Connecticut
8. Delaware
9. Florida
10. Georgia
11. Hawaii
12. Idaho
13. Illinois
14. Indiana
15. Iowa
16. Kansas
17. Kentucky
18. Louisiana
19. Maine
20. Maryland
21. Massachusetts
22. Michigan
23. Minnesota
24. Mississippi
25. Missouri
26. Montana
27. Nebraska
28. Nevada
29. New Hampshire
30. New Jersey
31. New Mexico
32. New York
33. North Carolina
34. North Dakota
35. Ohio
36. Oklahoma
37. Oregon
38. Pennsylvania
39. Rhode Island
40. South Carolina
41. South Dakota
42. Tennessee
43. Texas
44. Utah
45. Vermont
46. Virginia
47. Washington
48. West Virginia
50. Wyoming

Have you tested your product, found product-market fit. and need a little funding to get off the ground?

Then one way to get funded is through microloans for small businesses. You can all use our pre-launch system to raise money by crowdfunding before you launch as well.

Whether you need a microloan for payroll, for a new piece of equipment, or to launch a new business we can help. 

We shopped around to find partner’s who are highly rated, can help and would charge fair interest rates. You can check your rate on the right.

When it comes to funding sometimes you are just in a pinch. That’s why our partners can usually deliver within the same day.

Because your business might not have a long history we are able to overcome this with personal loans. Which can be a great option for first-time businesses.

You won’t need to put up any collateral or refinance your home to get your funds. Because it’s done as a personal loan it’s given straight to you and is based on your credit.

Generally, microloans are for loans of $50,000 or less. By working with iKooru the entire process of getting loans for your new business or existing business is easy. 

We have covered all 50 states so you can find loans specifically tailored to your business. However, you can also select your state on our small business microloan application.

You can apply here if you are looking for microloans for small businesses in:

Microloans For Small Businesses

Free 27 Page Guide

Breaking into Billion-Dollar Tech: Your Starter Guide to High-Potential Startups

Discover 39 different billion dollar tech verticals that are set to grow for the next decade.