No Doc Business Loans

  • Reduced interest rates starting at 7%
  • Quick approval process
  • Same day business loans available
  • Bad credit scores accepted
  • Minimal paperwork requirements
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Low documentation
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Minimal doc business loans for small businesses who want quick funding.

Getting a Business Loan with Low or No Paperwork

Many lenders require borrowers to fill out several forms, including bank statements, proof of assets, tax returns, balance sheets, income verification and more. While an involved documentation process can have its benefits, it’s also extremely time consuming. Traditional banks tend to be slow moving, causing borrowers to wait on working capital for long stretches of time.

Fortunately, small business owners can secure loans with little to no doc required. At Clarify, you won’t be asked to fax excessive amounts of financial statements to lenders. We’ve streamlined the funding process to make things easy.

We understand small business owners are busy. Our low documentation loans are fast, so you can spend your time where it counts.

Types of Reduced Paperwork Business Loans

Small business owners who want to apply for a loan without all the documentation have different options to choose from. At Clarify, we keep things moving, so you don’t have to wait around for working capital. Below is a brief overview of popular funding types we provide.

Short-Term Business Loans

Also known as installment loans, short-term business loans involve receiving a lump sum of money, which is paid back on a regular schedule, over a fixed period of time. Term loans are the most common financial product used by borrowers wanting a no doc or low doc commercial loan.

Low-Doc Equipment Financing

Looking to buy or lease equipment? We’ve got you covered. Companies receive a certain amount of capital to be used to rent or purchase equipment. Collateral is not required. Small business owners can secure funds for equipment, including heavy machinery, with little documentation.

Business Cash Advance

Business Cash Advance, also known as “Merchant Cash Advance” is a common financing type used to fill in cash flow gaps. Businesses exchange a percentage of their future sales for instant access to working capital. Because the process can be done online, there is no need to complete paper forms.

No-Doc Business Line Of Credit

Low doc business lines of credit are another popular financing option. Small business owners commonly use funds to pay for unexpected expenses. The application process is simple. All necessary information can be provided electronically, eliminating any need for pen-and-paper documentation.

Invoice Factoring

Also commonly referred to as “Accounts Receivable Financing”, this funding option provides immediate working capital for small business owners. Rather than manage invoices independently, small business owners can work with a third party to collect payments directly from clients and customers. Outside of an initial application, which can be completed quickly, there is minimal paperwork required.

How Do No Doc / Low Doc Business Loans Work?

Small business owners can complete an easy and quick online application. Unlike traditional lenders who typically require applicants to provide tax returns, profit and loss statements, balance sheets, A/P or A/R, and other financial documents, alternative lenders offer similar marketplace loans with less documentation requirements.

Typically, borrowers will be asked to provide merchant processing and/or bank statements. Since there’s less paperwork demands, the process moves much faster.

Most lenders allow the applicant to complete all forms online, for a hasslefree and convenient experience. Businesses can receive capital immediately.

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Frequently Asked Questions About No Doc Loans


Many traditional banks and large credit unions do not offer no doc loans. Online lenders are able to offer more flexibility in their lending requirements than their larger counterparts. Clarify Capital is a leading lender for low-doc loans.
We specialize in offering low paperwork small business loans. Unfortunately, we do not offer no doc home loans or no doc personal loans at this time. We do not offer EIN business loans and are unable to accomodate start-up business loans with EIN numbers.
Business owners who are self-employed are our bread-and-butter. We offer low-doc commercial loans to small and medium sized companies. Getting a business loan without paper documents is possible. Fill out an online app for streamlined digital funding.
Our client base is primarily business owners who have been operating their company for at least 2 years. Startups who meet our qualification criteria can receive fast funding with minimal paperwork needed, just like the other companies we service. That being said, no-doc startup business loans are difficult to come by.
Stated income business loans do not require proof of income. They require no financial documents. Approval is based on verbal statements. Low-doc business loans require some amount of proof. Lenders will ensure you qualify for the loan, but the process itself involves reduced documentation. It is less paperwork heavy than alternative financing options.

Most lenders are unable to provide no income business loans. Providing business loans without proof of income increases the risk of lenders and brokers significantly. While we are unable to offer unsecured no doc business loans, we do offer similar financial products.

A low doc business loan is a viable and popular solution for companies who want to significantly reduce the amount of documentation they’ll be asked to complete. Many lenders are able to provide business loans primarily based on bank statements, requiring little additional information. By asking for some form of verification and proof, the integrity of the lending industry stays protected.


Types of companies we've funded quickly

What you need to get approved fast

  • keyboard_arrow_right Have been in business for over 6 months
  • keyboard_arrow_right Generate at least $10,000 per month in revenue
  • keyboard_arrow_right Can provide last 3 months of bank statements

Lending advisors that are experts in getting you funded

When you choose Clarify, we consider you family -- and work with you through the ups and downs of running your small business.Manufacturing Financing Team

keyboard_arrow_right See why companies love Clarify

Retail business loans

"I highly recommend working with Clarify. The process is always very seamless with a quick turnaround time. I received the first loan for my company from Michael several years ago to buy inventory at a better cost. Since then, my company has grown significantly, and Michael has been there every step of the way. I’m looking forward to continuing my relationship with them for many years to come."

Frankie
Golf Cart Retailer
Florida
5-star Trustpilot reviews5-star Trustpilot ratingClarify Capital is rated 10/10 based on 118 reviews on Trustpilot
Ready To Grow Your Business?

Apply for a no-doc business loan now. Our approval process is quick! Our online application takes just 2 minutes. Receive funding within a day. Pre-qualifying has no impact on your credit score.