Financing Solutions for San Francisco Small Businesses
If you are a self-employed business owner in San Francisco, California, and traditional lenders continue to decline your applications, a No Doc Business Loan may be the right option. This type of financing is designed for businesses that generate strong revenue but report limited net income.
Loan Approval Based on Gross Business Income
Our no doc loans are reviewed using your gross business income instead of net profit. Even if expenses and tax write-offs significantly reduce your reported profits, consistent revenue can still help you qualify.
Designed for Businesses That Reinvest to Stay Competitive
Many San Francisco businesses reinvest their earnings into technology, renovations, staffing, and expansion. While this strengthens the business, it often lowers year-end profit, making traditional loan approval more difficult. Our no doc loan program is structured to support these growing businesses.
Why Factoring Loans Are Not a Long-Term Solution
When business owners have strong monthly cash flow but low adjusted net income, they are often pushed toward factoring loans or accounts receivable financing. These loans typically require six months of bank statements and come with extremely high costs. Borrowing $25,000 can lead to paying back nearly $37,000 within six months. After repayment, the cycle often repeats.
Stated Income No Doc Loan Program
Our stated income no doc program allows you to qualify using your annual income. If you state earnings of $100,000 or $200,000 from the previous year, that amount is used by underwriters during the review process. This often results in higher loan amounts and more affordable 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 deductions
5. No prepayment penalties
Apply for a No Doc Business Loan in San Francisco, California
If you are having difficulty securing a business loan in San Francisco, California, 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.
