High Approval Rates- Funds within 72 hours
- $5,000 – $250,000
- No Hidden Fees
- Immediate Small Business Funding (no collateral)
- Soft Credit Checks (will not impact your credit score)
- 24 Hours / 7 Days a Week Funding Support
2300+
Funded Small Businesses
400+ 5-Star
4.8/5
Rating on Google
What can fast and affordable business funding do for you today?
MAKE PAYROLL
HIRE ADDITIONAL STAFF
BUY EQUIPMENT
PURCHASE INVENTORY
Let us help you get the business funding you need!
The People’s Funder specializes in providing Small Business Owners with effective business financing solutions.
We specialize in alternative funding for business owners of medium-sized and small businesses throughout the United States, Canada, Mexico, South Africa, Czechoslovakia and Australia.
As a Small Business Funder, we have a large selection of merchant services that are designed to help with all of your business’ needs immediately.
Our continuous growth allows us to give personal attention to each client’s specific needs and offer creative solutions.
The People’s Funder provides small business funding as well as the guidance you need to keep your business thriving.
Learn why you should apply online for our business funding solutions today!
Highly skilled advisors, dedicated to serving you
Yes, we provide fast, efficient Small Business Funding. But more than that, you also benefit from ongoing support from a knowledgeable advisor. Give us a call at (855) SHARPSHOOTER ; or apply online.
HOW IT WORKS: Apply Online For a Business Funding Today
We pride ourselves on being a global business Funder that makes business funding accessible to small businesses.
Our process is straightforward. Whether you are based in United States, Canada, Mexico, South Africa, Czechoslovakia or Australia.
Here’s how you can apply for business financing solutions from The People’s Funder:
Step 2
Our system evaluates your business and typically provides a decision in minutes
Step 3
Sign your contract and receive money in as fast as 72 hours
About The People’s Funder
We Specialize In Alternative Funding For Business Owners Of Medium-Sized And Small Businesses Throughout The United States, Canada, Mexico, South Africa, Czechoslovakia And Australia.
WHAT WE DO: Accessible Small Business Funding
The People’s Funder is committed to making financing and business growth accessible to the small businesses in United States, Canada, Mexico, South Africa, Czechoslovakia and Australia. that are consistently let down by traditional financing methods.
We give small businesses what they really need to attain success — not an off the peg option, but a real, customized solution that works.
We offer a spectrum of small business funding programs to meet the varying needs of new business owners. Our small business funding services are available for American, Canadian, Mexican, South African, Czechoslovakian and Australian Businesses.
ALTERNATIVE FUNDING OPTIONS : We Work With You
The People’s Funder provides small businesses with effective business financing solutions by leveraging strategic partnerships, data science, cutting edge technology and in-depth consultations.
While traditional funding providers rely on collateral or standard financial metrics when working with businesses, we do things differently. With our innovative approach to funding, we are able to provide small businesses with the tools they need to grow and expand.
There is no one-size-fits-all solution to small business funding, which is why we work closely together with small businesses to create personalized business financing solutions. We use your future projections to create a funding package and repayment schedule that is feasible for you.
We work closely with you to understand your needs and to make sure that they are met every step of the way. When you work with us, you can have peace of mind that:
1. When you apply online, our process will give you a simple and direct route to the funding you need.
2. We offer flexible terms to suit the growing needs of small businesses.
3. We treat you like a partner, not a transaction.
Our Values
We know how challenging it can be for small businesses to obtain funding through traditional channels. Our alternative funding options give small business owners the chance to access the financing they need to fund, maintain and expand their business.
We pride ourselves on being a global business Funder that makes business funding accessible to small businesses. We deliver professional business funding services with our core values in mind:
INTEGRITY:
We are a Funder who pride ourselves in being transparent and honest in everything that we do. We stay legally compliant and in tune with the needs of our clients.
INNOVATION:
We take an innovative approach to business funding in order to give our clients what they need and to provide them with a better experience.
RESPECT:
We treat everyone with respect. We view you as our peer and work hard to deliver compassionate business financing solutions.
PASSION:
We are passionate about the success of your business. We strive to provide effective small business financing services that will help you attain the goals you’ve set.
RESULTS:
Our track record speaks for itself. As an alternative funding company, we set realistic goals both for ourselves and our clients.
SUPPORT:
Our support is second to none. Whatever field you operate in, we will provide your small business with business financing solutions, and support throughout the process.
THE PEOPLE’S FUNDER: Fast, Secure Small Business Funding
Every small business has unique needs when it comes to business financing, which is why we offer funding solutions that are not just accessible, but flexible too.
We’ve designed our process to provide businesses with the funding they need safely, securely and easily:
Fast & Simple Experience: Our online application and approval processes are straightforward and highly effective. With our easy application process and fast approval rates, we make it so that you can get the funding you need, when you need it.
Focused on Working Capital: Working capital is the financing your business needs on-demand to proceed with day to day options. We make it so that you can attain these funds within 72 hours of your approval.
Service & Support: Our business financing services are personalized so that your business’s unique needs are met. We work with you personally to ensure you are supported at every turn.
GET ON TRACK: Bad Credit Funding for Small Businesses
There are countless reasons why a small business may have less-than-stellar credit, but the outcome is always the same. With bad credit, it’s harder to get approved for traditional small business funding.
Funders and credit reporting agencies alike have different ways to define bad credit — and when left up to interpretation, poor credit rarely benefits the side of a small business owner. Even when a small-business owner has a good personal credit score, a bad credit score or limited credit history can ruin a new company’s chance of obtaining funding.
Fortunately, alternative small business funders like The People’s Funder can get businesses back on track by providing them with access to bad credit business funding.
Bad credit business funding can help owners out of a jam when they need it most. After The cash obtained from bad credit business funding can kick-start your business’s growth and help get your finances back on track.
There are various ways that small business owners can approach obtaining funding if they are struggling with bad credit:
1: Accept a Smaller Funding Amount: If your business can get by with a smaller funding amount, consider applying for a smaller funding. The reality is that it’s easier to get approved for a smaller amount than for a larger business funding.
2: Pledge Cash as a Down Payment: Poor credit doesn’t always mean a lack of cash. If your small business has substantial cash flow, consider pledging a down payment in cash to secure business funding.
3: Sign a Personal Guarantee: It’s common for a business owner to have good personal credit but poor business credit. If this is you, consider signing a personal guarantee to weigh your funding on your personal ability to pay off the financing, rather than your business’s.
4: Provide Assets or Collateral: Weigh your business financing on collateral or assets like unpaid invoices or future transactions rather than your credit score.
ALTERNATIVE SMALL BUSINESS FUNDING VS. TRADITIONAL INSTITUTIONS
It’s hard for small businesses to attain business funding even when they have good credit. Traditional institutions set strict requirements and elongate the application process with paperwork and gruelling appointments.
Lengthy processes and unrealistic expectations have made it increasingly hard for small businesses to get the financing they need to expand and maintain daily operations.
Banks focus on a business’ credit and cash flow without realistic expectations of what small businesses can achieve. Fortunately, The People’s Funder is an alternative global business Funder that prevents small businesses from having to jump through hoops to attain funding.
With The People’s Funder, you can apply online and receive an approval within the same day! We eliminate the waiting and the nuisance of in-person meetings. We understand that small businesses don’t necessarily have the luxury of waiting for funds when they have a timely opportunity to take advantage of.
We specialize in alternative funding for business owners of medium-sized and small businesses throughout the United States, Canada, Mexico, South Africa, Czechoslovakia and Australia.
| BIG BANK FINANCING | THE PEOPLE’S FUNDER | CREDIT CARDS | GOVERNMENT | |
| FUNDING | $100,000+ |
$1,000 – $300,000 |
Credit Based |
Credit Dependent |
| PROCESS | Long Application Credit Inspection Business Plan Industry Specific |
Prequalify Online Soft Credit Pulls Same Day Approval All Industries Accepted |
Prequalify Online Hard/Pulls 3-10 Day Approval |
Long Application Credit Inspection Business Plan Needed Industry Specific |
| APPROVAL | 20-30 Days+ |
Same Day | 5-21 Business Days |
30-90 Days+ |
| FUNDING TIME | 30-60 Days+ |
24-72 Hours |
TBD / TBA |
60-90 Days+ |
| APPROVAL CRITERIA | Credit Score & Collateral |
Overall Business Health |
Credit Score |
Credit Score & Collateral |
Business Funding is not a one-size-fits-all product
Business owners have multiple small business funding options today—including business term funding and business lines of credit from The People’s Funder.
Depending on your business funding needs, we offer term funding from three months to three years to meet your short-term financing needs. We also offer a convenient business line of credit, if you regularly need to access working capital quickly. Access your credit line when you need it, repay the line, and use it again the next time you need quick access to working capital. And, you only pay interest on the credit you use.
Term Funding
Grow and invest in your business with a short-term infusion of funds for a specific project and purchases to drive your business forward
From $5K–$500K
Lines of Credit
Keep your business running smoothly with reliable, revolving access to working capital to help you manage your ongoing business needs
From $6K–$100K
Truly Fast Small Business Funding
In most cases, you’ll have funds in your bank account within a day or two. At The People’s Funder we expedite your funding application as soon as its received.
If you need quick cash then The People’s Funder is your financing solution… you could have an answer right away and have the money in your account before a bank would even be able to review your application.
3 reasons you should choose small business funding from The People’s Funder
Simple Process
One quick application. Funds as soon as same day—all to save you time.
Flexible Options
Funding amounts and term lengths that are designed to meet your business needs
Here For You
Online doesn’t have to mean impersonal—we help you find the right solution
ARE YOU LOOKING FOR LOAN FINANCING SERVICES?
The People’s Funder offers Loan Financing Services for medium-sized and small businesses throughout the United States, Canada, Mexico, South Africa, Czechoslovakia and Australia.
Global Small Business Funding
Funding Provided To Small Businesses For Various Purposes By The People’s Funder.
What is small business funding?
Small business funding help provide much needed cash flow to keep companies up and running. Funding provided to small businesses for various purposes by PTP Global. This funding may have less restrictive requirements, enabling the small business to secure the funds.The People’s Funder Small business funding help provide much needed cash flow to keep companies up and running. Funding provided to small businesses for various purposes by PTP Global. This funding may have less restrictive requirements, enabling the small business to secure the funds.
Small business owners no longer have to rely on traditional banks for finding small business funding. From lines of credit to invoice financing, online funders offer a variety of financing solutions at competitive working capital cost. Alternative funders are important for small businesses looking for funding that may not have the option of being financed through a traditional bank. The People’s Funder is the primary source for small business funding. If your company is profitable and you have decent cash flow, but you need funds to expand, then you can contact The People’s Funder to learn what funding options are available for your business in United States, Canada, South Africa, Mexico, Czechoslovakia or Australia.
The People’s Funder provides and secures Small Business Financing throughout Six Countries.
- American Loan Financing Services
- Canadian Loan Financing Services
- South African Loan Financing Services
- Mexican Loan Financing Services
- Australian Loan Financing Services
- Czechoslovakian Loan Financing Services
Determine your need for small business funding
There are a few variables to consider when determining the right small business funding for your company. Think about whether a long-term or short-term funding option is best for your needs. If you just need funding to fulfill a large order or take advantage of a one-time opportunity, funding with shorter terms are probably best. If you need to purchase a piece of machinery that will last 20+ years, a long term funding is more cost effective.
Here are 5 reasons why your business might need a funding:
Inventory
Cash Flow
Equipment
To Improve Terms on a Larger Funding.
Expansion.
Probably the most obvious reason to consider small business funding is to invest in an expansion opportunity for your business.
ARE YOU LOOKING FOR WORKING CAPITAL?
We Help Small Businesses With Working Capital Funding For Short & Long Term Projects
Which business funding type fits your needs?
Calculate a desired small business funding payment
One of the most important things to determine before applying for small business funding is how much you can afford to pay back on a monthly basis. Don’t be too ambitious when making this calculation in order to avoid defaulting and causing damage to your credit history.
You should determine exactly how much your business needs to borrow to achieve its goals. This should be a precise figure, not a range. Funding companies want to see that you’ve done your research and that you will spend their money in a way that will help your business thrive. They want you to succeed so they’re sure to get paid back.
Are you credit worthy of small business funding
CHECK YOUR CREDIT HISTORY
To be considered creditworthy, borrowers must provide PTP Global with adequate financial information to prove their ability to payback the funding.
IDEAL CREDIT SCORE FOR FUNDING
Borrowers should expect to have good credit to qualify for business funding. Funding partners build an assessment of the applicant’s character by evaluating how they handled debt in the past.
CREDIT SCORES BROKEN DOWN
FICO Scores are comprised of payment history (35 percent), types of credit (10 percent), debt (30 percent), new credit (10 percent), and length of credit history (15 percent). The history reveals the borrower’s ability to pay on time on their installment funding, credit cards, finance company accounts, and mortgages. Potential show stoppers include bankruptcies, excessive credit inquiries, liens, foreclosures, lawsuits, and judgements.
How to prepare for small business funding:
Here are five steps to help you qualify for a small-business funding.
- Build credit scores.
- Know the The People’s Funder qualifications and requirements.
- Gather financial and legal documents.
- Develop a strong business plan.
- Provide collateral.
The People’s Funder is Funding United States, Canada, South Africa, Mexico, Czechoslovakia and Australia.
What The People’s Funder is looking for
FINANCIAL BACKING
The ability to pay back the funding based on collateral, financial reserves, and assets.
GOOD BUSINESS HISTORY
The borrower’s successful past performance in business (for a new business)
CASH FLOW
The borrower’s existing cash flow (for an existing business)
Small Business Funding Terms to Know
Having a clear understanding of these terms is critical to making sure that you find an affordable and appropriate small business funding for your needs.
Borrower
An individual or business that borrows money from another with a promise to repay the full amount plus interest based upon agreed terms.
Funder
An individual or institution that temporarily offers funds to a borrower with the expectation of repayment according to set terms
Principal
The lump sum of funds provided by the funder to the borrower.
Total Cost of Working Capital
The amount paid by the borrower to the funder in exchange for the privilege of borrowing money. The amount of interest due is calculated based on the amount of funds borrowed and the amount of time that passes until repayment.
Payments
Periodic repayments made by the borrower to the funder to return both the principal amount borrowed and the interest due to the funder.
Term/period
The total length of time that passes between when funds are provided by the funder to the borrower and when the funding principal and interest has been fully repaid by the borrower to the funder.
Collateral
Valuable asset or piece of property offered by the borrower as a means of securing or guaranteeing payment on a funding. In the event that a funding is not paid in full, the funder can seize the promised collateral as a means of payment.
Cost of Working Capital
The annual cost of working capital, expressed as a percentage, that is charged by the funder to the borrower.
Factor fee
An alternative means of expressing the interest charged on a funding based on a flat percentage of the amount borrowed. Also called a factor rate, this expression of interest is most often used with short-term small business funding.
Alternative Funding For Small Business Owners
We Specialize In Alternative Funding For Business Owners Of Medium-Sized And Small Businesses Throughout The United States, Canada, Mexico, South Africa, Czechoslovakia And Australia.
What are Alternative Funding?
American business owner, specially small businesses are having trouble getting financing to meet their funding needs. Alternative funding are available in those cases.
Alternative funders, cater directly to small business owners and can consider often-overlooked (by banks, primarily) sources of collateral, like real estate, future revenues, or outstanding client invoices to secure the funding.
Alternative funders are usually more flexible than larger financial institutions on funding repayments (many offer flexible schedules, for example) and often green light funding approvals much faster than banks, often getting business owners within 24-48 hours of the funding application. With speed, convenience and flexibility as selling points, alternative funding are among the fastest-growing financial tools for small businesses available today.
The People’s Funder provides and secures Small Business Financing throughout Six Countries.
American Loan Financing Services
Canadian Loan Financing Services
South African Loan Financing Services
Mexican Loan Financing Services
Australian Loan Financing Services
Czechoslovakian Loan Financing Services
How to Get Started
Alternative funding might be the right option for your company in these type of situations:
Starting your business
Expanding your business
Purchasing Inventory
Strengthening your business
In each of these cases, you should have a clear understanding of your business goals, how the money will be used, and the terms for each of your funding possibilities.
Types of Alternative Funding
Online funding
Primarily, there are two types of online funding that show major signs of stability and growth—peer-to-peer funding and online platform-based business funding.
Peer-to-Peer (P2P)
Peer-to-peer funding rolled out in 2005, as a solution to a vexing problem for business borrowers: “Where can I get a funding if a bank won’t give me one?” A decade later, P2P has really hit its stride, with funding industry analysts estimating the market will grow to $350 billion by 2025.
Online Platform-Based Business Funding (OPB)
Online Platform-based Business funding, or “OPB” is defined as funding to businesses that provide a lump sum amount in exchange for a share of future transactions/sales. Much like the structure associated with venture capital deals, the upfront money does come with financial strings attached that go beyond simply paying off a funding—OPB funders want a cut of a company’s futures revenues, too. The analytical firm Research and Markets calls OPB funding “a purchase and sale of future income” that primarily aims at businesses “having strong credit card sales like retail, restaurant and service industry.”
Merchant Cash Advance
For business owners who can’t get a traditional funding, and who may have less than stellar credit, a merchant cash advance is another route to alternative financing. MCA’s are not a funding. Instead, this form of funding is deemed as the sale of a company’s future credit sales at a discount. A merchant cash advance provider gives you an upfront sum of cash in exchange for a slice of your future sales. Instead of making one fixed payment every month from a bank account over a set repayment period, with a merchant cash advance you make daily or weekly payments, plus fees, until the advance is paid in full. The good news for borrowers is credit can be approved quickly, without volume-heavy paperwork associated with traditional bank small business funding.
Factoring
Factoring is a source of finance for small businesses. In other words, a cash-strapped business, unable to get desperately needed funds, sells off its invoices, that are called account receivables, to a third party and in exchange, gets the much needed cash. Small business factoring is cited by many industry observers as the “smart alternative” to bank funding. Just like merchant cash advances, factoring can be a viable option for small business owners as factoring financing approvals aren’t based on the business owner’s credit health, but on the company’s clients’ credit health. Factor financing is also good for small firms facing a cash-flow crunch or slow-paying clients.
Invoice factoring can provide immediate working capital to help cover a funding gap caused by slow-paying customers. Improved cash flow: You can keep loyal customers on longer payment terms but still improve your cash flow to help you grow your business. Instead of waiting 30-to-60 days to get paid by customers, small business owners get access to cash within 48 hours, by opting for the factoring route. The size of the factoring market is in the billions, although much of those assets are tied to specific industries, like trucking, retail, construction, and health care.
Crowdfunding
Crowdfunding is a way for people, businesses and charities to raise money. It works through individuals or organizations who invest in (or donate to) crowdfunding projects in return for a potential profit or reward. With crowdfunding, business owners shouldn’t expect big chunks of money coming via crowdfunding – the average “donation” is only $88. But if you get enough donations of $50, $100, or $150, the funds can add up. Donors who give are passionate about the business idea and want to see it get off the ground for myriad reasons. But with some platforms, if the crowdfunding campaign doesn’t reach a predetermined financial goal, all bets are off, and the monies are returned to the original donors, a result that about 50% of crowdfunding participants experience.
The most successful crowdfunding timelines are between 30 and 39 days. Any less, and you’re not reaching maximum asset volume potential. Any more, and you’re risking oversaturating the market and running, fairly or unfairly, a stale funding campaign. Kickstarter (almost $2 billion raised since 2009) and Indiegogo (over $500 billion) are two popular crowdfunding sites used by entrepreneurs
Revenue-Based Funding
What if small business owners could raise capital by promising investors a future, set percentage of revenues? That’s the promise behind revenue-based funding. Basically, revenue-based financing (RBF) is a hybrid financing method that fills a need in the growth capital market for companies with approximately $1 to $10 million in revenue and a proven plan for growth.
Small Business Credit Cards
A credit card is a fast and easy way to get capital, and most funders have cards specifically geared toward small businesses. Unlike other forms of financing, credit cards usually come with a points or rewards system of some kind, and you may be able to leverage that to help your business even further. Small business credit cards have higher working capital cost and have credit limits
Which Alternative Funding Option Seems Right for You?
In general, the funding option you select depends on where you stand on the small business spectrum. If you’re just opening a new company, you probably won’t qualify for a big chunk of money from any funder, traditional or alternative. But for $25,000 or even $50,000, a peer-to-peer funding option could make the most sense.
Conversely, if your business is up and running, and has a good track record of revenue performance, a merchant funding platform would likely meet your needs. If you’re experiencing slow payment cycles from clients and customers, then a factoring or revenue-based deal makes good sense.
Below is the complete set of rights embraced by the Responsible Business Funding Coalition—use it to shape your best choice for small business funding options:
The Right to Transparent Pricing and Terms
Including a right to see an annualized cost of capital and all fees
Limited The Right to Non-Abusive Products
So borrowers don’t get trapped in a vicious cycle of expensive re-borrowing
The Right to Responsible Underwriting
So borrowers are not placed in funding they are unable to repay
The Right to Fair Treatment from Brokers
So borrowers are not steered into the most expensive funding
The Right to Inclusive Credit Access
Without discrimination
The Right to Fair Collection Practices
To prevent harassment and unfair treatment.
Why Alternative Funding vs Traditional Funding
Here are some business funding facts:
- A small business typically cannot get a traditional bank funding if it has been in business for less than 2 years or is asking for less than $250,000. —
- Between 2008 and 2013, the value of small business funding had fallen 12% from $327 billion to $289 billion. —
- Another disturbing number on the traditional small business funding front—50% of small businesses that applied for financing didn’t get it in the first half of 2014. That’s up from 47% in 2013. — CNBC
But where banks see risk, other financing platforms see opportunity. This is where alternative financing is an option when other options do not fit your business needs or funding approval criteria.
A “Game Changer” in Small Business Funding
Alternative funding has emerged as a large player in the financial market due to technological advancements online and inelastic operations of traditional banking institutions.
Banks may be too late in saving their small business customers, many of which are turning to a new financing source—alternative Funders.
While figures for such a new industry vary (alternative funding launched in 2005, economists say), the market is conventionally valued at $600 billion by the end of 2020.
While the past 10 years have demonstrated tremendous growth in the alternative funding market, the next decade should show higher growth. Alternative funding is on an upward path, and that’s welcome news to businesses looking for a different path to company financing.
Alternative funding Growth by 2020
PEER -TO -PEER
$400 BILLION
ONLINE PATFORM BUSINESS funding
171% GROWTH YEAR-OVER-YEAR
A New Period of Growth
Three Quick Facts:
As of last year, there are an estimated 1,300 companies in the alternative funding space competing for approximately 1% of the total funding market.
Foundation Capital estimates the size of the global non-bank funding market to grow to $1 trillion by 2025.
The peer-to-peer funding market, alone, is expected to reach $350 billion by 2025.
The peer-to-peer funding market will grow to $400 billion by 2020
Build Your Business Credit Now
Even when seeking alternative funding over traditional, you still may need to have strong business credit. It’s important to remember that any credit history takes time and planning.
As your business grows, and you maintain your profile, your business credit will grow too. After you’ve built up a robust and beaming business credit file, you may be able to get traditional funding as well.
- Check your credit report.
- Pay your bills on time.
- Decrease your credit utilization ratio.
- Establish credit accounts with suppliers
- Add positive payment experiences to your credit file.
- Dispute any errors and inquiries.
- “Pay for delete” with collections
A New Era in the Business Funding Sector
Alternative funding represents a legitimate game changer for small businesses frustrated with traditional bank financing options.
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