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What is Spark Funding Solutions and how does it work?Unlike other funding providers, we cater exclusively to small and medium-sized businesses, which often find it difficult to get traditional financing. Many online funding providers are heavily automated, so you never get to speak to a real person. Spark Funding combines Data Science with a human touch, and we work directly with our customers to get the right-sized funding for their unique needs.
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How is my qualification for a loan determined?Spark uses a proprietary scoring model to determine your business’s health. The model inputs your credit information, business cash flow, recent bank statements and other data. The assessment is a more holistic and comprehensive measure of business performance than most other models, which primarily rely on your credit score.
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How much funding will I have access to?Depending on what you qualify for, up to 200% of your monthly gross revenue.
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What information do I need to provide in order to apply for a loan?Just your last 3 months business bank statements, and our application completed!
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What are the advantages of using Spark Funding Solutions?You get cheaper access to the same money by cutting out 3rd party brokers that will upsell your product and tack on unwanted fees!
About Spark Funding Solutions
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