Frequently Asked Questions
About our Business Loans
Find clear answers to commonly asked questions about our business loan products, the application process, and how Southern Lending Partners can help get transparent pricing and fast funds.
What are the basic requirements for a business loan?
Generally, we look for at least 6 months in business, a minimum monthly revenue of $10,000. Credit score requirements vary by product, but we work with a wide range of profiles.
How long does the funding process take?
Our streamlined application takes minutes. Once approved and all documents are submitted, funds can be deposited into your business account in as little as 24 to 48 hours.
What can I use the working capital for?
You have full flexibility. Common uses include purchasing inventory, managing payroll, upgrading equipment, funding marketing campaigns, or even covering seasonal overhead costs.
Does applying impact my credit score?
Our initial review process involves a soft credit pull that does not affect your credit score.