When your business needs capital urgently, every hour matters. This guide shows you exactly how to get funded as quickly as possible.
Step 1: Determine How Much You Need
Before applying, know your exact funding requirement. Overborrowing wastes money on unnecessary interest. Underborrowing means you may need to go through the process again. Calculate your need precisely.
Step 2: Gather Your Documentation
Have these ready before you start your application:
- Last three months of business bank statements in PDF format
- Your business EIN number
- Basic information about your business including industry, time in operation, and monthly revenue
That is it. Alternative lenders do not require tax returns, business plans, or financial projections for most products.
Step 3: Choose the Fastest Path
Merchant cash advances fund the fastest, often same-day. Best for businesses with strong daily card sales.
Revenue-based financing funds in one to three days. Best for businesses with consistent monthly revenue.
Term loans through alternative lenders fund in two to five days. Best for larger, one-time capital needs.
Step 4: Apply Through a Marketplace
Instead of applying to individual lenders, use a funding marketplace like Arkadian Capital. One application reaches 75+ lenders simultaneously, giving you multiple offers to compare within hours.
Step 5: Review and Accept
Compare the offers you receive based on total cost, payment structure, and terms. Our funding specialists help you understand each offer and choose the best fit.
For more preparation guidance, read our 5 things to do before seeking funding and understand what lenders look at.
The SBA provides additional resources for understanding your funding options.
Get funded quickly at Arkadian Capital.