";s:4:"text";s:3111:" There is also a down payment requirement of 10%, which can increase to 15% for a new business. It cuts down on the time it takes to provide documentation and speeds up the underwriting process by giving your lender raw data — rather than answers that need to be verified. When we say we have a no doc easy small business loan, we mean it. The minimum credit score to qualify is 680. As a minority business owner, you may be able to increase your chances of qualifying for an SBA-backed loan by participating in the SBA 8(a) business development program, which is geared toward leveling the playing field for “small disadvantaged businesses,” according to the agency. Apply online: We have an easy procedure to follow for our online applications, and you can apply for your loan while sitting at your desk.It is that simple! Preset fixed rate loans up to 10 years (varies by state) with monthly payments and no … It works for nearly any business. If you want to apply for our flexible new business loans, you have to follow a simple procedure. If you want to apply for our flexible new business loans, you have to follow a simple procedure. No-Doc Loans offer extremely versatile qualifying guidelines coupled with flexible underwriting standard.