Business Payroll Loans
Quicker, more convenient business payroll loans.
Payroll is a critical expense for any company. While it’s important to budget and allocate cash accordingly, financial challenges and unplanned costs are common for all businesses. When faced with the unexpected, businesses are forced to prioritize what gets paid first. As a result, it may put employees at risk of not getting a paycheck.
Without the necessary funds available to cover payroll costs, small businesses could face severe consequences. Employee salaries need to be paid out in a matter of weeks. Unfortunately, not all small business loans are designed to cover immediate cash need situations. But with a payroll loan, you can quickly tap into supplementary cash to get your employees paid. Spectrum Funding Group provides quick additional working capital coverage so you can make ends meet.
We Care For People
It’s more than a name.
It’s a promise.
Small business owners, equipment vendors and franchise owners nationwide look to Spectrum Funding Group for growth and expansion capital.
Our commitment to fast, dependable funding while providing great service is the reason that a large percentage of our business comes from repeat and referrals. We build lending relationships that last.
Business payroll loans in 3 easy steps.
Let Spectrum Funding Group help you grow your business today with customized financing.
What We Look For
Among our minimum lending requirements
Fast business payroll loans, made easy.
Spectrum Funding Group understands that business owners often need quick funding for things like inventory, payroll, supplies, expansion, or time-sensitive business opportunities and more. If you are in a cash crunch and cannot afford to wait, we are here to help. We are known for our ability to provide fast business loans.
Our minimum requirements are one year in business, $200,000 or more in annual revenue, and a FICO credit score of 600 or higher. We will also look at other factors when evaluating your loan application.
Payments are designed to work with your budget.
We offer daily, weekly and monthly repayment plans. This provides more flexibility and allows you to have more control over your working capital throughout the financing term.
As you approach the end of your term, we offer a simple renewal process so you can always access the financing your business needs to drive results and achieve success.