J&T Lending Services of Fairfax, Virginia (1-877-234-2220) has announced the expansion of its commercial business loan program, making them more readily available now to support new and established businesses with low credit scores.

Fairfax, United States - February 13, 2023 /PressCable/ —

With interest rates and inflation climbing as businesses struggle to recover from the pandemic and supply chain issues, J&T Lending Services has announced its easy business loans to help more small businesses launch or expand despite the barrier of adverse credit reporting.

As a leading small business and franchise financing lender, J&T Lending Services helps startups find the best business line of credit and SBA loan products. Its programs are aimed at business entities that do not qualify for financing from banks and commercial lenders.

Loans through J&T Lending Services do not require personal guarantees or collateral to secure the loans. Additionally, applicants with adverse credit may also be approved.

Getting a commercial loan allows businesses to start or grow their operations and profitability. They may want the money to scale up a tech company, invest in equipment, technology, or a building, or even acquire another company. J&T Lending Services loan programs are designed for the estimated 9.6 million businesses that are denied financing each year and the 8.32 million that can only qualify for partial funding through traditional channels.

While businesses will prioritize their needs, they also have to identify the types of loan programs available - and whether they meet the qualification criteria. A business plan with financial statements and projections, details of how they will use the money, information about the company, and marketing and production plans are key data points of a loan application. They may also need supporting documents, such as market studies, client testimonials, and positive media stories.

By contrast, J&T Lending Services has simplified its online application process. The company uses a simple form hosted on its website to gather data about an applicant's gross monthly sales, length of time in business, and credit score. It also ascertains whether the applicant has an active checking account.

The service seeks to loan as much as possible to each business to help it reach its goals. A company spokesperson said J&T Lending Services loans up to six million dollars a month to small businesses.

"Most get approved," said the representative. "We have a very high approval rate because of our unique way of providing unsecured business loans."

After an application is reviewed, J&T Lending Services can provide a business with funds within one day.

For more details about J&T Lending Services, visit https://jtlendingservices.com/

Contact Info:
Name: Calvin McDaniels
Email: Send Email
Organization: J&T Lending Services
Address: 8612 Belgrove Gardens Ln, Fairfax, VA 22030, United States
Website: https://jtlendingservices.com

Source: PressCable

Release ID: 89090165

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