How We Approved a $100K Line of Credit in 6 Days—When the Banks Said No

In today’s fast-paced business world, waiting weeks or even months for a traditional bank to approve financing can hinder growth and cause frustration. That’s exactly the situation one of our recent clients found themselves in. Despite being a strong business selling over $500k on Amazon, they were denied a $100,000 line of credit (LOC) from a traditional bank due to rigid lending criteria. Fortunately, Fortune Financial Solutions stepped in, and within just 6 days, we were able to approve the full $100,000 at competitive rates and terms.

Why the Banks Said No

Our client runs a growing business with solid cash flow and a strong business model, but like many small and mid-sized businesses, they didn’t meet the strict lending standards that traditional banks require. Often, banks have narrow lending criteria that consider factors like specific credit scores, collateral, or time in business. Even if a company is profitable and growing, these requirements can disqualify otherwise eligible businesses.

In this case, after waiting weeks only to be turned down, the business owner was faced with either finding a fast solution or risking lost growth opportunities. That’s when they turned to Fortune Financial Solutions.

How We Approved the LOC in 6 Days

At Fortune Financial Solutions, we specialize in alternative business lending, which means we evaluate businesses more holistically than traditional lenders. Instead of focusing on rigid qualifications, we look at the overall health of the business, recent performance, and future potential.

After a brief consultation and reviewing their financials, we were able to secure multiple competitive offers for the client within 48 hours. The final offer—an approved $100,000 line of credit—was closed within 6 days, giving the business immediate access to funds.

Why Fortune Financial Solutions is Different

What makes us stand out in the world of alternative lending? Here are a few reasons why businesses choose us over traditional banks:

1. Fast Approvals – In contrast to the lengthy process that banks put you through, we aim to get you multiple offers within days, not weeks.

2. Flexible Lending Criteria – We look at your business holistically. Even if you don’t meet strict bank requirements, we find solutions that fit your unique situation.

3. Competitive Rates and Terms – By working with a network of lenders, we can shop for the best deal, ensuring you get the most competitive rates and terms available.

4. Tailored Solutions – Whether you need a line of credit, a term loan, or another type of financing, we offer options that meet your specific needs.

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The Power of Alternative Business Lending

At Fortune Financial Solutions, we understand that businesses can’t afford to wait for weeks only to receive a rejection from a bank. That’s why we’ve built a network of lenders who are willing to work with businesses like yours, offering flexible and fast financing options. In this case, our client didn’t have to put their growth plans on hold. They received the funding they needed in days and are now able to continue expanding their business.

If your business is in need of fast, flexible funding, don’t let traditional lending slow you down. Fortune Financial Solutions can help you get multiple offers quickly and find the right financing solution for your needs—whether it’s a line of credit, a loan, or another product.

Reach out today to see how we can help fuel your growth.

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