CHARLESTON, S.C., April 8, 2015 /PRNewswire/ -- SnapCap, a web-based alternative finance company based in Charleston, recently added an Express Review option to its application process to provide qualifying small businesses instant funding decisions.
"We're pleased that we can offer an even faster turnaround for small businesses needing quick capital," said Hunter Stunzi, SnapCap's co-founder and president. "Applicants don't need the added stress of a lengthy application, so Express Review offers a simpler solution."
The new application enhancements turbo-charge the application process. After submitting basic contact and business information, applicants can submit their social security number and recent bank statements for an immediate funding decision. If applicants prefer to share that information over the phone or via email, they can continue the lending process and receive an answer within 24 to 48 hours.
Jim Cooper, owner of Micradex Systems, applied for a small business loan using Express Review and received a $40,000 loan within hours. He stated, "SnapCap was really easy to work with; the Express Review application was simple and quick. I uploaded my forms directly from the website and was approved in hours. I highly recommend SnapCap to anyone considering applying for a small business loan."
SnapCap is a web-based company that is helping lead a revolution in small business finance by reducing the complexities found in the traditional lending process. Committed to investing in small business, SnapCap offers a better way to borrow by focusing on performance-based financing, which evaluates the health of a business, not just the business owner's credit score. Personal service combined with real-time evaluation technology makes it easier to provide financing solutions with greater speed and accuracy. A single-source lender, SnapCap processes and funds most loans in less than 48 hours. For more information, please visit www.snapcap.com.