Flexible Financing for San Antonio Small Businesses
If you are a self-employed business owner in San Antonio, Texas, and traditional lenders are declining your applications, a No Doc Business Loan could be the solution. This program is designed for businesses that earn solid revenue but show limited net income after expenses.
How Our No Doc Loan Approval Works
Instead of focusing on net profit, our no doc loans are reviewed using your gross business income. If your business generates strong revenue but most of it is written off for tax purposes, this will not stop you from qualifying.
Built for Businesses That Reinvest to Grow
Many San Antonio businesses reinvest their income into upgrades, renovations, equipment, or daily operations. While this helps the business move forward, it often results in low year-end profit, making approval through banks very difficult. Our no doc loan program is structured to support growing businesses.
Why Factoring Loans Create Long-Term Problems
Business owners with strong monthly cash flow but low adjusted net income are often pushed toward factoring loans or accounts receivable financing. These loans usually require six months of bank statements and come with extremely high repayment costs. Borrowing $25,000 can mean paying back close to $37,000 in just six months. After a payoff, many borrowers are forced to repeat the cycle.
Stated Income No Doc Loan Program
Our stated income no doc program allows you to qualify based on your annual business income. If you state earnings of $100,000 or $200,000 from last year, that number is used by underwriters during the review process. This approach often results in higher loan approvals with much lower interest rates.
Simple Interest Loans With Better Terms
Compared to factoring companies, our loans offer:
1. Low interest rates
2. Long repayment terms
3. Simple interest structures
4. Monthly payments instead of daily withdrawals
5. No prepayment penalties
Apply for a No Doc Business Loan in San Antonio, Texas
If you are having trouble securing business financing in San Antonio, Texas, we are here to help. Contact us today to discuss your options. Fill out the form to the right, and one of our representatives will reach out to you soon.
