Online lender SnapCap launches express review of small business loans

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CHARLESTON, SC, April 8, 2015 / PRNewswire / – SnapCap, an alternative finance company based in Charleston, recently added an express review option to its application process to provide eligible small businesses with instant funding decisions.

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“We are excited to be able to offer an even faster turnaround time to small businesses in need of quick capital,” said Hunter Stunzi, co-founder and president of SnapCap. “Applicants don’t need the added stress of a long application, so Express Review offers a simpler solution.”

New app enhancements boost the application process. After submitting their basic contact details and business information, applicants can submit their social security number and recent bank statements for an immediate funding decision. If applicants prefer to share this information by phone or email, they can continue with the loan process and receive a response within 24-48 hours.

Jim Cooper, owner of Micradex Systems, applied for a small business loan using Express Review and received a $ 40,000 ready in a few hours. He said: “SnapCap was really easy to use; the Express Review app was quick and easy. I downloaded my forms directly from the website and got approved within hours. I highly recommend SnapCap to anyone considering applying for a small business loan. “

About SnapCap
SnapCap is a web-based company helping to lead a revolution in small business finance by reducing the complexities of the traditional lending process. Committed to investing in small businesses, SnapCap offers a better way to borrow by focusing on performance-based financing, which assesses the health of a business, not just the credit rating of the business owner. Personalized service combined with real-time valuation technology facilitates the delivery of faster and more accurate financing solutions. A single source lender, SnapCap processes and finances most loans in less than 48 hours. For more information, please visit www.snapcap.com.

SOURCE SnapCap

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