Start a Business by Applying for a Loan with Car Loans Whitchurch-Stouffville Ontario

Nov 21, 2016

Are you looking to start a business but don’t know where to get the capital?

If you’re looking to start a business but are struggling to raise the necessary capital, you may want to apply for a car loan instead of a traditional bank loan. The reason why car loans may be the better option for you is because they come with numerous advantages over traditional bank loans.

Apply for loans even on bad credit

Because car loans are considered as no credit check title loans, you can easily apply for this type of loan regardless of the state of your credit score. However, the same cannot be said for traditional bank loans. When you apply for a loan from a bank, your credit score will be highly scrutinized. If, after your credit check, you are found to have a poor credit score, there is a big chance that your loan application will be denied.

Car loans have shorter processing periods

The only requirements you’ll need to apply for a car loan are a fully owned car with a lien free title, a valid driver’s license, and proof of permanent residence. Because of these minimal requirements needed to apply for a car loan, the processing period typically lasts only about an hour. This means that you can have the money you need after only one hour subsequent to your loan application.

Canadian Title Store makes it extremely easy and convenient for you to apply for a loan of up to $60,000.00! With the most minimal of requirements and without having to undergo a time consuming credit check, you can be approved for a loan in only one hour. Call us now at our toll-free number 1-844-512-5840 or simply apply for a car title loan online.