The Importance of 24 Hour Funding for your Business
The Importance of 24-Hour Funding for Your Business
When your business suddenly reached the point were you need money ASAP, a quick search for 24-hour funding business loans may be the first place you turn to get some perspective.
24-hour funding is vital and essential part of doing business. Core to the success of your business is making sales and accepting payment for those sales – so having a powerful payment technology company on your side is key. Not only is it important that you have the right technology solution for the unique needs of your business, it’s important that you get your funds as quickly as possible.
With some of the bigger companies like Square, although you might be able to find a technology solution that fits your needs, the speed of funding is simply not where it should be. In most cases, merchants have to wait for 3 to 5 business days before they see their funds in their bank account. This is unacceptable, especially for newer businesses with higher expenses.
Who Needs Fast Business Loans?
Most entrepreneurs will experience a sudden need for extra cash at some point during their career.
Sometimes it’s for an unfortunate reason, like if you need to replace an essential piece of equipment that died unexpectedly.
Other times it’s for an exciting reason, like buying the extra materials and labor you need to fill a large order.
And sometimes business has just been slower than usual and you need money by next Friday to make payroll.
What each of these scenarios has in common is that you’ll need to compare fast business loans that won’t require weeks of back-and-forth with a bank and reams of paperwork.
Fortunately, getting small business funding can take as little as 24-hours here at TD Funding Solutions.
Cash flow is incredibly important to the health of a business, and waiting days for funds could make or break any business. You depend on your funds for inventory, payroll, rent, and an endless list of other financial responsibilities that go into running a business and having your funds sitting for so long can have a bigger impact than most business owners realize.
A lot of merchants don’t even know there is a better solution out there. They see their merchant services provider as a necessary evil, not a benefit to their company. Payment processing should work for your business, not against it. TD Funding Solutions offers next-day funding for qualified businesses and 24-hour funding for everyone else. This means that your funds are in your bank account the next business day or 24 hours from your batch time. With this kind of speed, you have the freedom to grow your business like never before.
TD Funding Solutions members experience the technology they need to accept the payment types their customers want to use and the peace of mind that comes with knowing their funds will be in their account when they need them.
A membership with TD Funding Solutions also means a dedicated customer success team that is available whenever you need support. We exist to help businesses grow through payment processing, and that means being there for our members if there is ever an issue or question. We make sure you never feel frustrated or left in the dark, and that all of your questions are answered.
Fast Business Loans In A Nutshell
Funding a small business can be challenging — not just in the beginning, but anytime something unexpected occurs.
When it does, fast business loans can be a smart alternative to raiding your personal savings or liquidating a retirement account, which may compromise your long-term financial security.
Paying interest on a loan for a few months or even a few years may be a better solution, especially if you have good credit and receive a low interest rate.
Quick business loans can provide extra cash to pay employees while ramping up for a busy season, help finance day-to-day operations, or make it possible to scale up and take your business to the next level when presented with a large order.
Getting a quick business loan can also help when you need to make a major purchase such as updating your company’s computer systems.
In other words, fast business loans aren’t just for emergencies.
Fast funding is crucial for businesses to grow and succeed, and TD Funding Solutions is dedicated to making that happen. With our next day or 24-hour funding for all merchants, you are rest assured your business will see the funds it needs to grow when it needs them the most.