Introducing SBA FastTrack™ by Spartan, the fastest and easiest way to get up to $100k in revenue-based funding with 10-year terms and no hidden fees.
“On May 11, 2023, crucial changes to the SBA 7(a) and 504 loan programs went into effect to streamline the loan application process in order to reach more small businesses, especially those in underserved communities.”
Imagine this scenario: You run a small bakery that has been doing well for the past year. You have loyal customers, a great location, and a delicious product. But then, disaster strikes.
Your oven breaks down, and you need to replace it as soon as possible. Without an oven, you can’t bake anything, and without anything to sell, you can’t make any money. You need a new oven, and you need it fast.
You look online for some financing options, and you see two choices: a merchant cash advance (MCA) or an SBA loan. You know that an MCA is a type of short-term loan that gives you a lump sum of money in exchange for a percentage of your future sales.
You also know that an SBA loan is a type of long-term loan that is backed by the Small Business Administration (SBA) and has low interest rates and favorable terms.
So, you think that an MCA might be faster and easier to get than an SBA loan, but you also know that it comes with some serious drawbacks.
For one thing, an MCA can have very high interest rates and fees that can eat up your profits. Furthermore, an MCA can have very short repayment periods (daily or weekly) that can put a lot of pressure on your cash flow.
And finally, an MCA can have very strict terms that can limit your ability to grow your business.
On the other hand, you think that an SBA loan might be better for your business in the long run, but you also know that it comes with some challenges.
For one thing, an SBA loan can have a lot of paperwork and requirements that can take a long time to complete.
For another thing, an SBA loan can have a long approval process that can take weeks or even months to get funded.
And finally, an SBA loan can have a high minimum amount that can be more than what you need.
So what do you do?
Do you take the fast but risky MCA, or do you wait for the slow but safe SBA loan?
Is there a third option?
Yes, there is. And it’s called SBA FastTrack™ by Spartan.
SBA FastTrack™ by Spartan is a NEW type of SBA loan that combines the best of both worlds: the speed and simplicity of an MCA, and the affordability and flexibility of an SBA loan.
With SBA FastTrack™ by Spartan, you can get up to $100,000 in revenue-based funding with 10-year terms and no hidden fees in 7 days or less.
On May 11, 2023, crucial changes to the SBA 7(a) and 504 loan programs went into effect to streamline the loan application process in order to reach more small businesses, especially those in underserved communities.
How does it work? It’s simple:
675 credit score or better
1 year tax returns showing at least a $1 profit
Apply online in minutes.
Get approved within hours.
Receive funds within 7 days or less.
That’s it. No collateral, and no prepayment penalty, just fast, flexible, and affordable funding for your small business.
SBA FastTrack™ by Spartan is ideal for small businesses that need quick funding without the risks associated with MCAs and short-term loans. Whether you need money for inventory, equipment, payroll, marketing, or anything else, SBA FastTrack™ by Spartan can help you grow your business with confidence.
Don’t let a broken oven or any other unexpected expense stop you from running your bakery. Don’t take a short-term loan or cash advance that could put your business at risk.
Apply for SBA FastTrack™ by Spartan today and get the funding you need in 7 days or less.
Conclusion:
If you need money for your small business, don’t settle for expensive and risky short-term loans. SBA FastTrack™ by Spartan can get you up to $100k in revenue-based funding with 10-year terms and no hidden fees in 7 days or less.
Apply online in minutes, get approved within hours, receive funds within 7 days or less. Grow your business with confidence with SBA FastTrack™ by Spartan.
