Our funding application and review strategy was developed with the busy business owner in mind. Applying for funding from Prestala takes less than than 10 minutes, and you’ll know whether you’ve been approved almost instantly. You could have your new funding by the end of the next business day.
Why wait around for the money you need now? Most small businesses can’t afford to wait 90 days for a funding decision, that’s we’ve designed our application and approval processes to take as long as the average lunch break.
Prestala focuses on small business funding in support of generating sustainable economic success at the local level. Our belief in the American Dream has led us to create a funding model with low interest rates and fees, with the mission of assisting business owners in taking their business to the next level.
Our process saves business owners time and frustration by eliminating jargon, hidden fees, and unnecessarily long clauses. Borrowing money for your small business should be a simple process, unlike the confusing terms and conditions that the big banks prefer. We’ve made our funding costs, as well as terms and conditions, clear and easy to understand. Our financing model has been built from the ground up with you as a business owner in mind.
At Prestala, the health of your business matters more to us than your personal credit score. We qualify a “healthy business” as one that has been in business for at least six months, has an annual revenue of at least $100,000, and a personal credit score of at least 520. We look at the big picture of your business, taking your best qualities into account to give you the best possible rate.
We share the same goal for your business — to move it forward. Our team of funding advisors are always available to assist you in creating a program that achieves the next step of your plan.
When we’re presented with a challenge, we look to conquer it. As a team, we’ve earned the trust of thousands of businesses nationwide with our flexible and fair approach to funding.
With Prestala, you’re always moments away from your next opportunity.