Unsecured Term Loans
These are the minimum eligibility requirements:
These are the minimum eligibility requirements:
- Time in business - Minimum one year
- Business owner’s personal credit score must be at least 640+
- (Click Here if your Credit is not 750 Plus)
- The Business must be U.S. based and for profit
- No bankruptcies or foreclosures in the past 2 years
- Terms up to FIVE years (60 months)
- Loan amounts: up to $500,000
- No Pre-payment Penalties
|
|
Secured Term Loan
ALL Types of Equipment and ALL Industries
> No Minimum FICO Required
> No Financials Needed
> Fully Amortized Term Loans
> Term is 48 Months
> 80% LTV
> Loan Amounts to $3M
> Pre-payment Penalty for First Two Years on this Loan
** Approvals are based on equipment the lender deems viable. An Appraisal will be ordered and LTV's will be based on the auction value of the equipment that will be pledged as security on this loan. There will be a 2 year pre-payment penalty on this loan and a UCC lien will be recorded on each loan funded and approved.
ALL Types of Equipment and ALL Industries
> No Minimum FICO Required
> No Financials Needed
> Fully Amortized Term Loans
> Term is 48 Months
> 80% LTV
> Loan Amounts to $3M
> Pre-payment Penalty for First Two Years on this Loan
** Approvals are based on equipment the lender deems viable. An Appraisal will be ordered and LTV's will be based on the auction value of the equipment that will be pledged as security on this loan. There will be a 2 year pre-payment penalty on this loan and a UCC lien will be recorded on each loan funded and approved.
