Faster Business Loan Approvals with Cutting Edge Technology


While the banking industry plays “catch up”, the non-bank direct lending industry continues to forge ahead and lead the pack on small business loans. Banks have fallen behind, with their cavernous offices that echo from the lack of in-person customers to their lack of streamlined services. One has to wonder when they are going to notice that they have lost an enormous amount of potential borrowers to alternative lenders.

It’s true, bank websites are beginning to provide more automated services, but can you imagine the frustration in trying to get a small business loan online… from a bank? It is the surge of non-bank direct lending companies that have made small business loans not only possible, but fundamentally practical. Working capital is critical to running a successful operation.

How do Non-Bank Direct Lenders do it?

Alternative lenders can provide quick funding for small businesses because they are not federally regulated. There are specific requirements that they must meet, but after that the sky’s the limit. They control their lending practices and consumer technology based on their business goals.

Instant accessibility to funding is the name of the game. In years past, small businesses had to provide an inordinate amount of information and were typically refused for a loan. Today, there are many alternative lending options that are capable of providing small business loans quickly without personal contact and that is an irresistible feature.

Add to that the time saved and the advantages are even stronger. Quick funding without having to submit unnecessary documents or speak with loan officers is difficult to beat. Business owners don’t have time to waste – they are busy overseeing their operation, putting out fires, and focusing on increasing revenue. Mobile technology eliminates extra steps so it is clearly the answer for small business loans – hands down.

How to Compare Alternative Lenders

The industry is growing so quickly, it means small business owners have to be mindful when they select an alternative lender. It’s paramount to partner with a company that has an excellent track record and loan features that are geared toward their particular needs.

Use this questionnaire to help compare non-bank direct lending companies:

1. How long is the application and can it be done on a smartphone?

2. What is the least amount of funding available? What is the largest amount of capital available?

3. What is the quickest approval I can expect?

4. What is the quickest funding I can expect?

5. Is bad credit a problem?

6. Are repayment terms flexible?

7. Can I do the whole transaction through my Smartphone?

8. What is the average monthly revenue that is required?

9. How long must my company be in business before I can get a loan?

10. Is hard collateral required?

Get the Greenbox Advantage – Smartphone Technology

There are so many advantages to working with Greenbox, we “almost” don’t know where to start… keyword – almost. We want to share our answers to the questions that will help determine which non-bank direct lender is best for your company.

(Hint: We have strategically planned our features to make sure we come out on top! We want to work with you!)

This is how we do it…

1. How long is the application and can it be done on a smartphone?

It is only ONE-PAGE and is easily completed on a Smartphone!

2. What is the least amount of funding available? What is the largest amount of capital available?

$5,000 is the smallest amount of funding available and at this time, $250,000 is the largest amount available.

3. What is the quickest approval I can expect?

We’re proud to say approval generally happens within a couple of hours.

4. What is the quickest funding I can expect?

We’re will provide funding within 24 to 48 hours, depending on the situation and amount.

5. Is bad credit a problem?

Not a problem. We understand how tough it is to maintain great credit at times and we can work with that.

6. Are repayment terms flexible?

Yes, we will work with your ability to repay and nothing drastic will happen if a payment is missed.

7. Can I handle the whole transaction through my Smartphone?

Yes, and our technology continues to improve. Our goal is to provide small- and medium-sized businesses with working capital when they need it and leading-edge technology is the gateway.

8. What is the average monthly revenue that is required?

Our funding options are for small-and medium-sized business averaging at least $7,500 in revenue in each of the past 3 months.

9. How long must my company be in business before I can get a loan?

Another advantage of working with Greenbox – we only require companies to be in business for a minimum of five months.

10. Is hard collateral required?

We’re not a hard-nosed bank, so don’t sweat your credit history or lack of collateral.

We would love to hear from you! All types of businesses are welcome, particularly service, retail, and manufacturing companies… which covers just about every type. Call 1-855-442-3423 if you prefer to provide your information over the phone. If you’re like most business owners, you’re looking for speed so just click this link to get started!