United Capital Source Business Journal

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Small Business Loans

How Long Does It Take to Get a Business Loan - clock, money, growth, how long does it take to get a business loan

How Long Does It Take To Get A Business Loan? – The Essential Guide

Getting a small business loan can take anywhere from a few business days to three months. The exact time varies based on different factors. Some loans can be approved in just a few days. Others may take longer, especially if they require more paperwork. A few online funders even offer same-day funding.

Banks and lenders have their own processes.

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    Business Tips

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    National Women’s Small Business Month 2024 – Resources, How to Celebrate, & More

    Every October, National Women’s Small Business Month celebrates the achievements of women in business and highlights their contributions to the economy. Women-owned small businesses are an essential part of our country. They create jobs and drive innovation.

    The history of National Women’s Small Business Month began in 1988. The U.S. Congress passed a resolution recognizing women’s role in small businesses.

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    UCS & Industry News

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    IRS Pauses New ERC Claims Amid Growing Concerns: Impact on Business Owners

    It’s truly unfortunate that the program is being placed on hold due to bad actors trying to exploit it. It’s also frustrating that the IRS hadn’t taken more proactive measures to stop or prevent fraud prior to the rising concerns.

    It’s now a waiting game for eligible business owners until the moratorium is lifted. In the meantime, you can review

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      Current monthly sales deposit average to your business bank account?

      How much Working Capital would you like for your business?

      At UCS, we understand the value of your time and want to ensure that your application has a great chance of approval. Please take note of the following details before applying:
      • To be eligible, it’s necessary to have a business bank account with a well-established U.S. bank such as Chase, Wells Fargo, Bank of America, Citibank, or other major banks. Unfortunately, online-based bank accounts like PayPal, Chime, CashApp, etc., are not permitted.
      • When describing your current average monthly sales deposits to your business bank account, please provide accurate information. Our approval process is based on your current business performance, and it’s essential to provide accurate details about your current sales in the first question on the application form. We cannot approve applications based on projected revenues after receiving funding.
      We appreciate your understanding and cooperation in ensuring a smooth and successful application process.
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