Guaranteed Funding Program

Aside from business loans, Rafter J Funding Services also has the Guaranteed Funding Program. A typical lender would only loan businesses around 5-10% of their annual gross sales which is what you can expect from Rafter J Funding Services loans as well. The Guaranteed Funding Program allows the lender to fund up to double the standard amount of 5-10%. It works by having the lender agree to purchase your receivables 8 times during the course of a year, so you would have access to new funds every 6 weeks. The funds are not given to you lump sum but are spaced out between the payments.

Customer Support

Rafter J Funding Services offers free telephone support as well as a call back feature where you would request for a representative to discuss possible services you might want to avail of. They also have a blog where the latest news and releases can be seen but no live chat support.

Application Requirements

Aside from the initial qualifications that you must fulfil in order to apply for a loan, additional documents must also be provided once you have already been approved. It is important to supply these documents in order for your loan application to be processed. Here are the documents that you would need to provide:

  • Past 4 months of credit card statements (if credit cards are accepted by your business)
  • Past 4 months of bank statements
  • A copy of your driver’s license and that of any other owners of the company
  • A copy of a voided business check

The last two are easy to provide since they are basic documents that a person and a business would have. However, the first two are crucial to the loan approval since that is where Rafter J Funding Services would base whether or not the business has the financial capacity to repay the loan.

So if you are looking to avail of this particular company’s services it would be best to plan ahead and build your bank account balance and credit card transactions before applying for a loan to help your chances of approval.

What's the Verdict on Rafter J Funding?

Worth It, Some Issues

Reliant Funding Review 2020 – Conclusion

Rafter J Funding Services offers a good means for small businesses to get a loan from, especially those with less than desirable credit scores. They may not have all the information outright on their website but you can request a sales representative to contact you so you can learn more about what they have to offer. The Guaranteed Funding Program is also a good way to get funds for your business so check out Rafter J Funding Services today.