We got answers to your questions


·What can BANKXYZ Financial Services, LLC. do for my business?

We want your business grow as much as you do. That is why we help you understand your funding options and guide you select the loan that fits you the best.

·How secure is my information?

Advanced security protocols are used on our site to protect all of your sensitive information from malware and other suspicious activity. All instruments of this website including our application process are protected. Additionally, we do not share or sell any user data. We also do not access your data for non-administrative purpose

·What makes you different from banks and other lenders?

Bankxyz Financial Services, LLC. offers your business solutions that are much simpler and much faster than what a bank can offer. Most banks make it very difficult to qualify and often require stellar credit and a strenuous application process. We keep it simple. Our entire application process takes about 10 minutes and requires little to no paperwork. You can get approved in just hours and have funds to your business checking account in as fast as 24 hours.

·Is there a fee to apply?

No application fee and totally risk-free process.

·Can i still qualify if a bank has already turned me down?

Definitely. Bankxyz Financial Services, LLC. has a large array of options in place to get your business the capital it needs without the strenuous process that banks often require.

·Will my business qualify?

To qualify for most of our financing products, your business must meet a few simple qualifications such as being in operation for 6 months, generating $10,000+ in monthly revenue, and having the owner’s credit score exceed 500. If you’re seeking a more conventional debt instrument such as a business term loan or business line of credit, we will need to see 2 years in business, $25,000+ in monthly revenue, and a personal credit score exceeding 650.

·How long does it take to pre- qualify?

Once all of your information is received and verified, you may be pre-qualified in as little as a few hours! Your dedicated Capital Advisor will work closely with you to find the best terms in the shortest time possible. Some of our funding partners may take additional time to arrive at a decision.

·What kind of funding options are available?

We offer a variety of products for small businesses, including business loan, line of credit, equipment financing, comercial mortgage and SBA loan.

·Can i get funding for my start up?

If you are a new business owner seeking credit to aid you in those oh-so-crucial beginning months, we’re happy to be an asset for you. Our startup lines of credit require that the primary owner have a credit score that exceeds 680, and that revolving balances are kept at a minimum on their credit profile. Since there are no business financial metrics to underwrite yet, the personal credit underwriting process is more stringent with this financing product.

·What documentation do i need to provide?

After you’ve completed your application, most of our direct lenders require four months of bank statements and credit card statements depending on your revenue intake. We often find that the entire submission process takes less than 10 minutes.

·Will you access to my credit report?

Since Bankxyz Financial Services, LLC. acts as comercial loan originator, we will not access your credit report directly, but our direct lenders will in order to arrive at a decision for approval. Upon receiving your application, we go above and beyond to ensure your credit report is not being run maliciously, while still providing you more options than any other alternative lender. We can typically shop options from over 20 direct lenders with just 1 credit pull.

·Can I renew my business loan?

Many business owners wish to apply for additional funding once they’re nearing the completion of their current repayment term. Because you’ve established a working relationship with that direct lender, the renewal process will be even easier than your initial loan/advance and you may be eligible for a larger loan upon renewal.

·How can I use my funds?

Every business has different goals and we’re behind you all the way. Feel free to use the funding for any business expense: equipment, repairs, inventory, marketing, remodeling, hiring additional personnel – the options are endless!

·When can i expect my funds?

You can receive funds in as little as 24 hours, Once the underwriting process has been completed and you’ve been approved for your business loan or advance.

·How do I repay my balance?

In Bankxyz Financial Services, LLC. we will help you set up a funding option with a repayment plan that works for your business. For most business loans and revenue based financing, a fixed amount is repaid each weekday via ACH transfers during a pre-determined repayment term that averages 4-24 months. For extended term loans, a fixed amount is repaid weekly or monthly over a pre-determined repayment term of 12-60 months. A merchant cash advance (MCA) is repaid each weekday with a fixed percentage of your credit card sales taken directly from your merchant account. Merchant cash advances don’t have a set repayment term, because the amount repaid adjusts with your daily sales.

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