Are you a small business owner in Enchanted Hills, New Mexico, struggling to get approved for a traditional business loan? You’re not alone—and we’re here to help. At Unsecured Finances, we specialize in No-Documentation (No-Doc) Business Loans, designed specifically for businesses that generate strong revenue but show low net profit on paper.
What Is a No-Doc Business Loan?
A No-Doc loan is underwritten based on your gross business income, not your adjusted net income. This means that if your business brings in high revenue but writes off expenses—leaving little net profit at the end of the year—you can still qualify for funding.
We understand that:
1. New businesses often reinvest profits to grow
2. Established businesses may be renovating, expanding, or restructuring
3. Tax strategies can reduce reported net income
Traditional lenders penalize businesses for this. We don’t.
Why Traditional Loans and Factoring Can Be a Problem
Many business owners with strong monthly cash flow but low net income are pushed toward factoring loans or accounts receivable financing. These loans typically require six months of bank statements and come with extremely high costs.
For example:
1. Borrow $25,000
2. Repay $37,000 in just 6 months
3. Daily or weekly payments
4. Then repeat the cycle again
These short-term loans can seriously strain your cash flow and limit long-term growth.
How Our No-Doc Program Is Different
Our Stated Income No-Doc Loan Program is designed to give you more money at much better rates:
1. Qualification based on annual stated income
2. Lower interest rates than factoring companies
3. Longer loan terms
4. Simple interest (no compounding surprises)
5. Monthly payments, not daily withdrawals
6. No prepayment penalties
If you state that your business earned $100,000 or $200,000 last year, that is the income figure used by our underwriters—no tax returns required.
Why Choose Unsecured Finances?
Unlike high-cost lenders, our focus is on helping your business succeed long term. We offer:
1. Affordable, predictable payments
2. Transparent loan terms
3. Fast approvals
4. Personalized funding solutions
Our goal is to secure a loan you are truly comfortable with—not one that traps you in debt.
Get Started Today
If you’re having trouble getting approved for a business loan in Enchanted Hills, NM, we would love to speak with you. Fill out the form on this page, and one of our experienced representatives will contact you shortly to discuss your options.
Let’s find a loan that works for your business—not against it.
