What Your Business Will Get
- $15,000 to $300,000 in loan amounts
- 3-4 installment loans (each bank issues up to $100k)
- Funds deposited into checking account
- Interest in the 6-12% range
- Fixed monthly payment
- Repayment terms from 2-7 years
- No collateral
The reality is securing a traditional business loan through a bank can be extremely challenging for startups and small businesses without a proven track record and solid revenues.
The good news is a personal loan could be an excellent way to fund your business.
A personal business loan is a loan made to you, the individual, based on your personal credit and personal income. You can use the funding from the loan for financing your business.
Highlights for installment loans (Business or Personal)
- Lump sum of cash deposited into your checking account
- Fixed monthly payment
- Repayment terms from 2-7 years
- Establish 1-3 banking relationships
- Positions you for future credit and loan offers from banks
What You Need to Qualify
This program is based on personal credit and verifiable income of the individual or the business.
Qualifications include:
- Minimum of 660 FICO® Scores
- Verifiable income of $2k per month (min) for personal or $2k net income per month for business (min)
- Must be able to furnish docs to verify income such as W2s, pay-stubs or tax returns
- No excessive inquiries
- Can be in business or personal name
- Startups are acceptable
*We accept credit partners if your credit is not quite good enough. If your file is too thin with limited depth we also have a personal credit funding program to help you build up your personal credit file while gaining access to credit and capital. This will help position you to get qualified for one of our unsecured business funding programs in a short period of time.
Why Should You Get Business Loans?
Do you need a cash injection into the business?
We solve this.
Are you having trouble getting lumps sums of cash you need to grow your business or execute your real estate deals?
We solve this
We can get you access to business loans by leveraging the strength of your personal credit and income. Our in depth understanding of business funding means we can provide business loans to new and growing businesses in as fast as 14 days.
Let us show you how to get the funding you need.
Examples of how you can use business loans include (but are not limited to):
- Starting a new business or purchasing a business
- Pay off high interest debt
- Acquire new equipment or supplies
- Adding on to your current business location
- Investing in real estate (purchase/rehab properties, pay off balloon notes, etc.)
- Purchasing land or another business facility to grow your business
- Launching an advertising campaign to promote your business
- Investing in the long-term future of your business
- Purchasing Raw Materials
- Purchasing Inventory and Products for resale
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