A Smarter Loan Option for Santa Fe Small Business Owners
If you run a small business in Santa Fe, New Mexico, and keep facing loan rejections, you are not alone. Many business owners struggle with traditional lenders because their tax returns do not show enough net profit. That is exactly where No Doc Business Loans come in.
Qualify Using Business Revenue Instead of Net Income
Unlike bank loans, our no doc loan program is based on gross business income, not taxable profit. Even if most of your earnings are written off through expenses, your revenue can still help you qualify for funding.
Designed for Businesses That Reinvest to Grow
New and expanding businesses often put money back into renovations, inventory, equipment, or marketing. While this is great for growth, it usually results in lower year-end profits on paper. Traditional banks see this as a problem — we do not.
Avoid Expensive Factoring and Receivable Loans
When cash flow is high but reported income is low, many owners turn to factoring or accounts receivable loans. These short-term loans require months of bank statements and come with extremely high costs. Borrowing $25,000 can easily mean paying back around $37,000 within six months, often with daily payments that hurt cash flow.
Stated Income No Doc Loan Program
Our stated income no doc loans allow you to qualify based on what you earned during the year. If you state an annual income of $100,000 or $200,000, that amount is used during underwriting. This approach often results in higher loan approvals and far lower rates compared to alternative lenders.
Better Rates, Better Terms, Less Stress
Our loans are structured to support your business:
1. Low interest rates compared to factoring companies
2. Long repayment terms
3. Simple interest with fixed monthly payments
4. No prepayment penalties
Apply for a No Doc Business Loan in Santa Fe, New Mexico
If getting approved for a business loan has been difficult, we are here to help. Contact us today and let us find a financing solution that works for your business. Fill out the form to the right, and one of our representatives will reach out to you shortly.
