Spotlight Business Credit and Funding
Based in Southern California, Spotlight Business Credit and Funding is a financial service company that focuses on funding small businesses and emphasizes on corporate credit. It also processes credit cards. The company had partnered with an App titled ‘Total-Apps’, through which payments from different customers can be channeled. In the category of non-bank finance, Spotlight Business Credit and Funding ranks 54 out of the total 363 financial institutions listed on Trustpilot and as calculated by the same in May 2019. Its TrustScore is 9.5 out of 10.
The credit score of the approaching party is not a criterion for approval of loans. Startup businesses too are funded by this company. The amount of funds which they provide ranges from $5,000 to $500,000. Vehicle and computer leases are offered. Collateral is not considered as a requirement to get approval for financing. The official website of this company is secured by Norton. Funds delivered by the company can be used for purposes like meeting payroll needs, buying new vehicles, hiring more staff, purchasing inventory, remodeling available facilities, expanding a business, emergency funds, advertising, and for other financial trade lines. Upfront fees and early termination fees are not sought.