LOAN FINANCING SERVICES

The People’s Funder
We specialize in alternative funding for business owners of medium-sized and small businesses throughout the United States, Canada, Mexico, South Africa, Czechoslovakia and Australia.

Established Business Owners:

Have $5,000 to $250,000 Available to Help Grow Your Business within 72 hours

PTP Global High Approval Rates

PTP Global No Personal Guarantee

PTP Global Bad Credit is OK

The People’s Funder

Small and medium-sized businesses are the driving force behind the United States economy. The People’s Funder is a Global business funder  who is passionate about making small business funding accessible to these organizations and their owners.

We specialize in alternative funding for business owners of medium-sized and small businesses throughout the United States, Canada, Mexico, South Africa, Czechoslovakia and Australia.

The People’s Funder provides and secures Small Business Financing throughout Six Countries.

American Loan Financing Services

Canadian Loan Financing Services

South African Loan Financing Services

Mexican Loan Financing Services

Australian Loan Financing Services

Czechoslovakian Loan Financing Services

WHAT WE DO: Accessible Small Business Funding

The People’s Funder is committed to making financing and business growth accessible to the small businesses in United States, Canada, Mexico, South Africa, Czechoslovakia and Australia. that are consistently let down by traditional financing methods.

We give small businesses what they really need to attain success — not an off the peg option, but a real, customized solution that works.

We offer a spectrum of small business funding programs to meet the varying needs of new business owners. Our small business funding services are available for American, Canadian, Mexican, South African, Czechoslovakian and Australian Businesses.

Our Funding Programs Include:

Small Business Funding

Commercial Funding

Business Expansion Funding

Working Capital Funding

Merchant cash advances

Short Term Funding

Long Term Funding

Unsecured Funding

Bridge Funding

Bad Credit Business Funding

Business Funding for Women

Equipment Financing

SBA

SBA Business Funding

Business Line of Credit

Business Term Funding

Invoice & Receivables Financing

Revenue Based Business Funding

ALTERNATIVE FUNDING OPTIONS : We Work With You

The People’s Funder provides small businesses with effective business financing solutions by leveraging strategic partnerships, data science, cutting edge technology and in-depth consultations.

While traditional funding providers rely on collateral or standard financial metrics when working with businesses, we do things differently. With our innovative approach to funding, we are able to provide small businesses with the tools they need to grow and expand.

There is no one-size-fits-all solution to small business funding, which is why we work closely together with small businesses to create personalized business financing solutions. We use your future projections to create a funding package and repayment schedule that is feasible for you.

We work closely with you to understand your needs and to make sure that they are met every step of the way. When you work with us, you can have peace of mind that:

1. When you apply online, our process will give you a simple and direct route to the funding you need.

2. We offer flexible terms to suit the growing needs of small businesses.

3. We treat you like a partner, not a transaction.

ARE YOU LOOKING FOR ALTERNATIVE BUSINESS FUNDING?

We offer Loan Financing Services for medium-sized and small businesses throughout the United States, Canada, Mexico, South Africa, Czechoslovakia and Australia.


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OUR VALUES:

We know how challenging it can be for small businesses to obtain funding through traditional channels. Our alternative funding options give small business owners the chance to access the financing they need to fund, maintain and expand their business.

We pride ourselves on being a global business Funder that makes business funding accessible to small businesses. We deliver professional business funding services with our core values in mind:

INTEGRITY:

We are a Funder who pride ourselves in being transparent and honest in everything that we do. We stay legally compliant and in tune with the needs of our clients.

INNOVATION:

We take an innovative approach to business funding in order to give our clients what they need and to provide them with a better experience.

RESPECT:

We treat everyone with respect. We view you as our peer and work hard to deliver compassionate business financing solutions.

PASSION:

We are passionate about the success of your business. We strive to provide effective small business financing services that will help you attain the goals you’ve set.

RESULTS:

Our track record speaks for itself. As an alternative funding company, we set realistic goals both for ourselves and our clients.

SUPPORT:

Our support is second to none. Whatever field you operate in, we will provide your small business with business financing solutions, and support throughout the process.

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THE PEOPLE’S FUNDER: Fast, Secure Small Business Funding

Every small business has unique needs when it comes to business financing, which is why we offer funding solutions that are not just accessible, but flexible too.

We’ve designed our process to provide businesses with the funding they need safely, securely and easily:

Fast & Simple Experience: Our online application and approval processes are straightforward and highly effective. With our easy application process and fast approval rates, we make it so that you can get the funding you need, when you need it.

Focused on Working Capital: Working capital is the financing your business needs on-demand to proceed with day to day options. We make it so that you can attain these funds within 72 hours of your approval.

Service & Support: Our business financing services are personalized so that your business’s unique needs are met. We work with you personally to ensure you are supported at every turn.


GET ON TRACK: BAD CREDIT FUNDING FOR SMALL BUSINESSES

There are countless reasons why a small business may have less-than-stellar credit, but the outcome is always the same. With bad credit, it’s harder to get approved for traditional small business funding.

Funders and credit reporting agencies alike have different ways to define bad credit — and when left up to interpretation, poor credit rarely benefits the side of a small business owner. Even when a small-business owner has a good personal credit score, a bad credit score or limited credit history can ruin a new company’s chance of obtaining funding.

Fortunately, alternative small business funders like The People’s Funder can get businesses back on track by providing them with access to bad credit business funding.

Bad credit business funding can help owners out of a jam when they need it most. After The cash obtained from bad credit business funding can kick-start your business’s growth and help get your finances back on track.

There are various ways that small business owners can approach obtaining funding if they are struggling with bad credit:

1: Accept a Smaller Funding Amount: If your business can get by with a smaller funding amount, consider applying for a smaller funding. The reality is that it’s easier to get approved for a smaller amount than for a larger business funding.

2: Pledge Cash as a Down Payment: Poor credit doesn’t always mean a lack of cash. If your small business has substantial cash flow, consider pledging a down payment in cash to secure business funding.

3: Sign a Personal Guarantee: It’s common for a business owner to have good personal credit but poor business credit. If this is you, consider signing a personal guarantee to weigh your funding on your personal ability to pay off the financing, rather than your business’s.

4: Provide Assets or Collateral: Weigh your business financing on collateral or assets like unpaid invoices or future transactions rather than your credit score.

Get your Business Approved Today!

HOW IT WORKS: Apply Online For a Business Funding Today

We pride ourselves on being a global business Funder that makes business funding accessible to small businesses.

Our process is straightforward. Whether you are based in United States, Canada, Mexico, South Africa, Czechoslovakia or Australia.

Here’s how you can apply for business financing solutions from The People’s Funder:

1: Apply Online

Fill out our form online with basic information about your business. After you apply online, your application form will be sent to one of our credit specialists.

2: Approval

If your application is approved — we approve many more applications than any traditional funding institution — you will hear back quickly.

3: Get Funded

After receiving your approval, you can expect your funds in your account shortly.

ALTERNATIVE SMALL BUSINESS FUNDING VS. TRADITIONAL INSTITUTIONS

It’s hard for small businesses to attain business funding even when they have good credit. Traditional institutions set strict requirements and elongate the application process with paperwork and gruelling appointments.

Lengthy processes and unrealistic expectations have made it increasingly hard for small businesses to get the financing they need to expand and maintain daily operations.

Banks focus on a business’ credit and cash flow without realistic expectations of what small businesses can achieve. Fortunately, The People’s Funder is an alternative global business Funder that prevents small businesses from having to jump through hoops to attain funding.

With The People’s Funder, you can apply online and receive an approval within the same day! We eliminate the waiting and the nuisance of in-person meetings. We understand that small businesses don’t necessarily have the luxury of waiting for funds when they have a timely opportunity to take advantage of.

We specialize in alternative funding for business owners of medium-sized and small businesses throughout the United States, Canada, Mexico, South Africa, Czechoslovakia and Australia.

BIG BANK FINANCING THE PEOPLE’S FUNDER CREDIT CARDS GOVERNMENT
FUNDING
$100,000+

$1,000 – $300,000

Credit Based

Credit Dependent
PROCESS
Long Application Credit Inspection Business Plan Industry Specific

Prequalify Online Soft Credit Pulls Same Day Approval All Industries Accepted

Prequalify Online Hard/Pulls 3-10 Day Approval

Long Application Credit Inspection Business Plan Needed Industry Specific
APPROVAL
20-30 Days+
Same Day
5-21 Business Days

30-90 Days+
FUNDING TIME
30-60 Days+

24-72 Hours

TBD / TBA

60-90 Days+
APPROVAL CRITERIA
Credit Score & Collateral

Overall Business Health

Credit Score

Credit Score & Collateral

Business Funding is not a one-size-fits-all product

Business owners have multiple small business funding options today—including business term funding and business lines of credit from The People’s Funder.

Depending on your business funding needs, we offer term funding from three months to three years to meet your short-term financing needs. We also offer a convenient business line of credit, if you regularly need to access working capital quickly. Access your credit line when you need it, repay the line, and use it again the next time you need quick access to working capital. And, you only pay interest on the credit you use.

Term Funding

Grow and invest in your business with a short-term infusion of funds for a specific project and purchases to drive your business forward

From $5K–$500K

Lines of Credit

Keep your business running smoothly with reliable, revolving access to working capital to help you manage your ongoing business needs

From $6K–$100K

Truly Fast Small Business Funding

In most cases, you’ll have funds in your bank account within a day or two. At The People’s Funder we expedite your funding application as soon as its received.

If you need quick cash then The People’s Funder is your financing solution… you could have an answer right away and have the money in your account before a bank would even be able to review your application.

3 reasons you should choose small business funding from The People’s Funder

Simple Process

One quick application. Funds as soon as same day—all to save you time.

Flexible Options

Funding amounts and term lengths that are designed to meet your business needs

Here For You

Online doesn’t have to mean impersonal—we help you find the right solution

How to Compare Small Business Funding Offers 

Because there are many different business needs that include short-term needs like purchasing quick-turnaround inventory and longer-term needs like opening a new business location across town, small business funding terms vary in much the same way an auto funding differs from a home mortgage.  Ask the right questions to your funder before making business funding decision.

5 questions to ask

  • What is the total cost of capital?
  • What is the average monthly payment obligation?
  • What is the total amount of interest paid per dollar borrowed 
  • Are there any prepayment fees should you decide to pay off the funding early?

Many of our customers use their small business funding to increase profits or otherwise grow their businesses.

We serve over 700 industries.

Whether you have an invention or a skill you want to share with the world or you simply like the idea of working for yourself, there are plenty of reasons to pursue small business ownership. At The People’s Funder we like to show you the right options that apply to your needs. 

This is especially true of large ventures that require a big physical space, inventory, equipment, or other forms of high overhead. But even a small service-based or home business will still face upfront costs before the income starts rolling in.  business funding expert is necessary to help you with the right amount and the right terms that make sense for each situation.

What Is Small Business Funding?

Funding provided to small businesses for various purposes by a funder. These funding may have less restrictive requirements, enabling the small business to secure the funds. A small business funding may provide other incentives for the borrower, which could minimize expenses for the business.

Business funding are offered by funders. And in exchange for the money, they’ll charge interest on top of the funding amount—in the most basic funding structure, interest is charged as a percentage of the funding’s principal. Typically, business funding are paid back over a set amount of time, with regular repayments

If you have any questions about business funding please contact one of our funding experts at The People’s Funder.

Small Business Funding Terms to Know

Having a clear understanding of these terms is critical to making sure that you find an affordable and appropriate small business funding for your needs.

Borrower

An individual or business that borrows money from another with a promise to repay the full amount plus interest based upon agreed terms.

Funder

An individual or institution that temporarily offers funds to a borrower with the expectation of repayment according to set terms

Principal

 The lump sum of funds provided by the funder to the borrower.

Total Cost of Working Capital

The amount paid by the borrower to the funder in exchange for the privilege of borrowing money. The amount of interest due is calculated based on the amount of funds borrowed and the amount of time that passes until repayment.

Payments

Periodic repayments made by the borrower to the funder to return both the principal amount borrowed and the interest due to the funder.

Term/period

 The total length of time that passes between when funds are provided by the funder to the borrower and when the funding principal and interest has been fully repaid by the borrower to the funder.

Collateral

Valuable asset or piece of property offered by the borrower as a means of securing or guaranteeing payment on a funding. In the event that a funding is not paid in full, the funder can seize the promised collateral as a means of payment.

Cost of Working Capital

The annual cost of working capital, expressed as a percentage, that is charged by the funder to the borrower.

Factor fee

An alternative means of expressing the interest charged on a funding based on a flat percentage of the amount borrowed. Also called a factor rate, this expression of interest is most often used with short-term small business funding.

Qualifying for Small Business Funding

Exact application requirements and qualification standards for Small Business Funding tend to vary based on the funder, the funding type, and the planned use of funds. That said, there are three basic qualification standards that almost all funders will evaluate as part of the small business funding approval process.

We, at The People’s Funder offer an expedite funding application where your request is processed right after is submitted so you can have an answer quickly.

We take the following factors into consideration when you submit your application:

Personal Credit Score

You may be surprised to discover that when it comes to deciding whether or not to fund money to your business, most funders will actually look to your personal credit score as a primary evaluation tool.

Particularly if your business is very young—or if you’re seeking Small Business Funding for the first time , your persona credit score is important. Here’s a general breakdown of how scores are assessed:

Excellent:
781-850

Good:
661-780

Fair:
601-660

Poor:
501-600

Challenged:
Below 500

Time in Business

One of the three major factors that will most impact your ability to qualify for Small Business Funding is one that’s totally out of your control: the amount of time you’ve been in business.

Statistically, about 20% of businesses fail within the first year of operations—so the longer you’ve been in business, the more stable your venture is statistically likely to be.

Annual Revenue

As a general rule, an annual revenue of $250,000 is considered a strong benchmark allowing for a wide range of business funding options, while annual revenues of $500,000 will provide for even more possibilities.

This number is particularly important for business borrowers seeking longer term funding, or those who need a large amount of capital. That said, many other options are also available and our funding experts will present to you with a list of funding that you may qualify.

Types of Small Business Funding

Factors like how you plan to use your funding and how quickly you’ll be able to pay it back can have a dramatic impact on what types of funding you will qualify for and what the cost of those small business funding will be.

What Is a Term Funding?

In this very standardized business funding arrangement, the borrower is offered a lump sum of funds for a set term of between one and five years, interest is accrued at a fixed cost of capital over the life of the funding, and the borrower makes fixed monthly repayments on principal and interest until the funding is paid in full.

Term funding are popular because they are straightforward, they offer a large sum of funds to be borrowed over a longer period, and the cost of working capital tend to be the lowest available. 

Here’s a quick breakdown of the numbers behind standard term funding:

  • Funding amount: $25,000-$500,000
  • Funding term: 1-5 years
  • Cost of working capital: 7%-30%
  • Minimum time in business: 1 year
  • Minimum annual revenue: $90,000
  • Minimum personal credit score: 600

What Is a Short-Term Funding?

Short-term funding are very similar to traditional term funding with the distinction that funds are borrowed for a shorter period of time—most often between 3 and 18 months. However, while term funding typically follow a monthly payment schedule similar to a mortgage or car funding, short-term funding tend to require weekly or even daily payments.

Let’s break down the basics of this small business funding option:

  • Funding amount: $2,500 to $250,000
  • Funding term: 3 to 18 months
  • Cost of working capital: Starting at 10%
  • Minimum time in business: 1 year (two years preferred)
  • Minimum annual revenue: $50,000
  • Minimum personal credit Score: 525

Short-term funding can be a great tool for businesses who need quick access to cash to cover basic expenses or take advantage of worthwhile business opportunities—or for those with poor credit.

What Is Equipment Financing?

Equipment financing is Small Business Funding specifically designed to finance the purchase of equipment needed for the operation of a business.

  • Funding amount: Up to 100% of equipment value
  • Funding term: Equivalent to the expected life of the equipment
  • Cost of working capital: 8%-30%
  • Minimum time in business: 11+ months
  • Minimum annual revenue: $100,000
  • Minimum personal credit score: 600

Of course, equipment financing is only a good fit for businesses that have significant equipment needs, since funds from these funding cannot be put toward other uses and financing is only available up to the full cost of the equipment. 

What Is a Business Line of Credit?

A business line of credit is approved as a maximum credit amount from which funds can be drawn as needed. Just like with a credit card, you only pay interest on the funds you draw from the total credit line—meaning you’ll never find yourself paying interest on funds that you’re not actively using.

If you’re considering a line of credit for your business, here are the specifics you need to know:

  • Funding amount: $10,000 to $1 million
  • Funding term: 6 months to 5 years
  • Cost of working capital: 7%-25%
  • Minimum time in business: 6 months
  • Minimum annual revenue: $50,000

What Is Invoice Financing?

Sometimes known as accounts receivable financing, invoice financing is a type of small business funding that lets business owners obtain cash on demand based on outstanding invoices or money owed to the business.

Here’s how it works: Invoice financing companies will typically offer an immediate cash advance equivalent to about 85% of the total value of your outstanding invoices. From there, the remaining 15% of your accounts receivable will be paid to you at a later date, less the company’s factor fee.

The exact cost of your invoice financing funding will depend upon how quickly your customers pay their invoices, with fees assessed as a percentage per week that the invoices remain outstanding.

Before You Choose Small Business Funding

You might even have some idea about what type of funding would be a good fit for your business based on your needs and qualification standards.  However, with The People’s Funder you will have a funding expert to help you navigate through all the options.  

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