Reliant Funding

Custom Title Excerpt

Dependent Funding is a savvy decision for independent ventures searching for a transient credit, vendor loans or gear financing arrangements. The snappy and straightforward application procedure causes organizations expecting to adjust money streams or endeavor a development impetus get endorsement in only a couple of hours.

Dependent Funding works with the objective of furnishing organizations with the financing they have to develop. The organization prides itself on its high endorsement rate, just as its quick and dependable financing. Advances are frequently affirmed inside a few hours and financing can regularly be made accessible the following business day. Dependent Funding gives independent company advances, trader loans, and hardware financing and renting. Customers can dispense their borrowings anyway they see fit, and no guarantee is required when tolerating financing from Reliant Funding. While not a great deal of data is offered on the site the extent that loan costs and installment designs, the organization strives to adjust to the many testing financing needs its wide-going customer base display.

Pros

  • Quick application and approval
  • Loans available in one business day

Cons

  • Only short-term loans available
  • Privacy policy could be expanded

Reliant Funding at a Glance

  • Loan types
    Small business loans, merchant cash advances, equipment financing
  • Loan amount
    Variety of customizable finance options
  • Repayment terms
    3 to 24 months for small business loan, 18 to 60 months for equipment financing
  • Minimum credit score
    None
  • Minimum monthly revenue
    $10,000
  • Time until funding
    3 to 5 business days

Best for?

  • Businesses needing quick, next-day funds

Getting a gauge and applying for an independent venture advance on the Reliant Funding site is simple and just takes a couple of minutes. The organization can favor advances inside hours, and dispense assets as fast as following day. This empowers borrowers to cover holes in income, handle month to month costs, or utilize the financing for different exercises like extension and development. With a straightforward application, organizations requiring momentary assets can get them inside extremely short turnaround times.

  • Businesses requiring help to finance new equipment

Organizations can rent new or utilized gear that they have to enable their business to develop. Organizations requesting anything from PCs, furniture, vehicles, and the sky is the limit from there, can get the assets required in only a couple of days on account of Reliant Funding’s snappy gear financing application.

Loan Features

Clients can appreciate a wide scope of versatile financing arrangements because of Reliant Funding. The organization offers a few credit options that are intended to fit a business’ special needs. Dependent gives transient advances, dealer loans, and hardware financing to forthcoming borrowers, engaging organizations to set out on any number of exercises identified with income or development. The organization additionally process applications rapidly, with most organizations accepting answers in only a couple of hours. Those looking for independent company advances are qualified to get assets as fast as the following industry day, while candidates looking for hardware financing can get to their obtaining in only 3 to 5 business days. Dependent Funding is especially adaptable with regards to reimbursement and can make a large group of pleasing installment terms to coordinate the particular needs of its customers. Mentioning a statement is sans commitment, and clients who have connected are not compelled to choose an advance. While the organization conveys many subsidizing alternatives and reimbursement terms, explicit data, for example, installment cycles and intrigue installments can’t be seen until imminent borrowers have presented an application.

Highlights for Reliant Funding

  •  Multiple financing solutions
  • Applications are obligation-free
  • Approval arrives as quickly as a few hours
  • Most loans received the next business day
  • Wide range of loans available
  • Over 70% of applicants approved
  • Accepts weaker credit scores
  • Flexible repayment alternatives

The Application Process

Borrowers can apply for a credit with Reliant Funding straightforwardly on the web. The organization’s underlying application is sans commitment and just demands fundamental subtleties during the initial steps including contact data and direct monetary information. When a statement has been gotten and acknowledged, clients must meet the organization’s application necessities for endorsement.

These include:

  • Business owned by the applicant for a minimum of 12 months (though in some cases exceptions can be made for 7 to 11 months)
  • Sales of at least $100,000 per year, or $10,000 per month
  • No open bankruptcies
  • No significant judgments and liens without a payment plan

The company appraises a company’s full health as opposed to simply evaluating the relevant credit scores, boasting a 70% approval rating.

Loan Terms - Fast and Easy Loans

Clients that have chosen Reliant Funding can browse an assortment of credits to meet their particular financing needs. The organization offers momentary credits, vendor loans, and gear financing that are intended to help spread a scope of various business exercises. Dependent Funding for the most part dispenses assets in a solitary business day, and endorsements take as meager as a couple of hours. The main special case is for hardware financing, which expects 3 to 5 days for subsidizing to be conveyed. The organization gives financing that starts as low as $5,000 and ranges as high as $500,000. Dependent Funding does not put any limitations on how the obtained assets ought to be utilized. The organization’s transient advances are free for use close by hardware financing which is accessible for buys that may incorporate programming, PCs, vehicles, furniture, or POS frameworks. Trader loans are accessible also, and the organization empowers borrowers to get to extra reserves in the event that they have reimbursed at any rate half of their remarkable parity. Dependent likewise enables clients to pick how they want to pay: either as a level of day by day deals made with charge cards or by means of a pre-decided sum consequently pulled back day by day.

Repayment Terms

We would have jumped at the chance to see more data promptly accessible on their site, however Reliant Funding centers around offering organizations transient financing. The organization’s momentary credits run from as meager as 3 months to 2 years while gear financing advances extend from 18 to 60 months. Vendor loans are determined on a spinning premise, and are likewise intended to be reimbursed inside a transient reimbursement time period.

How Safe Is It?

Per the organization’s Privacy Policy, Reliant Funding keeps up that it finds a way to secure its client’s private data. The organization is straightforward about the information it gathers and how it is utilized. Dependent Funding does not sell client data, however the organization may uncover it whenever constrained. We would have gotten a kick out of the chance to see more insights regarding the organization’s safety efforts, yet they do utilize industry-standard wellbeing and encryption techniques to secure touchy client information.

Help & Support

Clients can arrive at Reliant Funding by means of email and phone should any inquiries or issues emerge. The organization’s telephone focus can be come to from 6:00 AM to 5:30 PM Pacific Time. To enable people to handle progressively essential request, the organization likewise has a solid FAQ segment which gives a fundamental data relating to its administrations. By and large, administration operators were promptly ready to respond to every one of our inquiries exhaustively and speedily.

Deep Dive into Pros and Cons

Pros Cons
Quick application and approval Undisclosed repayment terms
Loans available in one business day Only short-term loans available
No collateral necessary Privacy policy could be expanded
Most applicants approved

The organization conveys a few favorable advantages, yet Reliant Funding could improve a few regions of its business. The organization does not rundown loan costs or reimbursement terms straightforwardly, which are crucial for organizations experiencing the basic leadership process. The organization’s protection arrangement could likewise develop the safety efforts taken to guarantee client’s delicate data is remained careful. In addition, Reliant Funding just offers momentary financing arrangements, constraining clients’ reimbursement choices now and again. Indeed, even with these minor disadvantages, there were a few striking features we revealed during our exploration. We were satisfied with the speedy application process and the quick endorsement rate which enables clients to get to the important financing rapidly. The organization additionally does not require insurance for any of its advances. In addition, we were dazzled with Reliant Funding’s high endorsement rating and cordial prerequisites. At long last, we valued the organization’s progressively comprehensive way to deal with deciding a business’ reliability rather than simply concentrating on the most standard measurements.

Summary

Dependent Funding is a decent decision for private ventures confronting a scope of financing needs that could be secured by transient credits, dealer loans, and gear financing arrangements. The speedy and basic application enables organizations to get endorsement in only a couple of hours. At the point when taken couple with fast financing turnaround and adaptable reimbursement alternatives, Reliant Funding stands apart as an incredible choice for organizations expecting to adjust money streams or endeavor a development impetus. Generally speaking, Reliant is a captivating option for organizations who may experience the ill effects of flimsier records of loan repayment yet display solid money related outcomes.

Physical Address

Sales

9540 Towne Centre Drive

Suite 200

San Diego, CA 92121

Wholesale 

225 W. 34th St.

Suite 406

New York, NY 10122

Operations 

525 Broadhollow Road

Suite 200

Melville, NY 11747

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.