Instant Cash Loans

 

Whatever size business you own, funding will always be a pressing concern. When cash is a on the tight side of things, it doesn’t necessarily mean your business is struggling, it simply means you need support with cash flow. Cash shortages are very common especially for smaller enterprises.  

Instant cash loans in Australia are very different to credit cards or bank overdrafts. Where other options may be unsuitable because they take too long or require a much stronger business credit rating, instant cash from Cigno Business Solutions could be one of the most convenient solutions to your cash shortage issues.

Here are some of the key advantages of instant business loans over other options:  

 

Short-term loans can be paid out the same day you apply

If you apply for a personal loan or business loan from the bank, it could take weeks before the money reaches you. Some loans might even take as long as 90 days or more to reach you. Small cash loans work for businesses because they are processed very differently.

The most important assessment criteria for unsecured cash loans is your businesses monthly revenue. As part of your application, you’ll be asked to provide us access to your most recent bank account statements. This is the information we use to determine whether or not you’ll be able to afford an instant loan. This system allows us to assess candidates very quickly and pay out within hours of your approval.

 

The amount you borrow is flexible unlike credit cards

A credit card company will try to give you the maximum level of credit your rating will allow. This can sometimes be far more than you actually need. Having this increased limit can mean you end up spending more in unnecessary expenses than you really need to. In a lot of cases, this cycle can be one of the leading reasons for businesses to fall short on available cash. Not only does this limit your access to funds, it also means you get slammed with much higher monthly fees than your business needs to be paying.

We like to offer free and independent financial advice to customers that frequently find themselves in low cash flow situations. We offer very flexible loan amounts under $5000 to first time customers as we know that having the perfect amount needed to cover your urgent costs ensures you’re not tempted to use more credit than you need.

 

A convenient application process

Most forms of business credit from established institutions can only be applied for in person. This will seem impossibly impractical to any business owner that’s facing a pressing cash flow problem. Now with the advantages of the internet, you can apply for our instant cash loans online 24/7 without having to wait for an appointment with anyone. Complete your application late at night or early in morning and we’ll do everything we can to get back to you within hours.

If you have an independent financial counsellor, they might advise that you only use fast cash flow loans when it’s absolutely necessary, the Australian government would suggest the same thing and we’d agree! We aim to help those with the most urgent need to access funds as quickly as possible.

It’s always good to be aware of all of your options before you borrow. Where other loan providers might come up with clever ways to hide fees in their offers, we like to make sure our offers are perfectly clear and present you with all the costs upfront.

 

Applying won’t damage your businesses credit score

Just as we mentioned earlier, the assessment process for out fast unsecured business loans doesn’t weigh heavily on your current credit rating. When you apply for a loan or credit card at the bank and they refuse you, your rating will suffer a small drop. With our cash loans, your rating is safe from harm even if we feel the need to turn down your application. Even if we do, there’s nothing stopping you from applying in future. We’ll be happy to consider your business for a loan down the line should your circumstances change.  

If you don’t meet our minimum criteria, we may suggest other options that would suit your situation better. If you’d prefer to talk to a free consultant before you proceed with your application, we’d be more than happy to help. You’re more than welcome to contact our customer support team at any time within our office hours for more information.