- Loans from $50,000-$250,000
- Interest rates from 6%
- No prepayment penalties
- Loan terms typically up to 7 years
- Authorized lender with EDA & USDA
- We fund all types of businesses including:
- Sufficient cash flow to support monthly loan payments. (No pre-revenue companies or companies with current large losses)
- Good credit scores for the owners of more than 20% of the company
- Collateral usually requested based on the strength of the cash flow
- No speculative finance businesses
- Initial Screening: Send us the previous year’s business tax return, a brief description of your company and the use of the loan. We also need a signed authorization to run background and credit checks. Within 3 business days, we will contact you with a decision to proceed with underwriting.
- Underwriting: The underwriting process averages 4 weeks after all of the necessary loan application documents are received.
- Closing: Loan documents and disbursement is usually scheduled within 7 business days of loan approval.
We will help you with any questions you have to complete the loan application.