What Can I Use The Money For?

Determining the requirements for a Loan can be hard enough, but once approved, do you know the Stipulations? Does your approval state that you can only use the money for certain types of Business expenses or activities? Are you looking for an Industry-specific Grant, or financing for a new piece of equipment?

At FullTimeFunding, we never designate how to use your funds. Once the money is in your account, your Business can use it, as you see fit. This can be particularly beneficial in certain scenarios. Take for example, the financing of a new car. Traditional Auto Financing Options require a strong FICO Score, collateralize the vehicle and have high interest rates. Our Small Business Financing options can be a great alternative to an Auto Loan.

FullTimeFunding Financing Options:

  • Unsecured

  • Fixed-Rates

  • Fixed-Terms

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Unsecured - (No Collateral Required) With our business financing, you are never required to put up collateral. Even if the funds are being used to purchase property, only the financials of the Business will be used to determine an Approval. That means no-risk of having the bank take your assets.

Fixed-Rates - (No Interest-Bearing Payments) Payments are made on a set-schedule and the exact amounts and dates are agreed upon, before anything is finalized. That means, you don’t have to worry about your next payment being higher or fluctuating with Interest, since it is a predetermined Fixed-Cost schedule. Use this to budget your payments accordingly and as an alternative to interest-heavy balloon-payments.

No Deposit Required - (No Upfront Charges) Is a deposit requirement holding you back from getting the Rate you deserve? Our Small Business Financing is determined on the cash-flow of the business, and therefore requires no deposit down, to secure a better rate. We evaluat2e the strength of your business, allowing you the freedom to allocate the funds as necessary.