Term Loans
Term loans provide you with a lump sum, capital injection and fixed monthly payments. When looking to make an acquisition, expansion, or take on a new project, sometimes you need a longer-term solution. Some business owners use our term loans to consolidate their more expensive short-term debt at a much lower rate and spread out their repayment over a longer period of time.
These are the minimum eligibility requirements:
Loans Above $500,000 will Require Collateral!
Term loans provide you with a lump sum, capital injection and fixed monthly payments. When looking to make an acquisition, expansion, or take on a new project, sometimes you need a longer-term solution. Some business owners use our term loans to consolidate their more expensive short-term debt at a much lower rate and spread out their repayment over a longer period of time.
These are the minimum eligibility requirements:
- Time in business must be above one year
- Business owner’s personal credit score must be at least 680
- The Business must be U.S. based and for profit
- No bankruptcies or foreclosures in the past 2 years
- Interest Rates begin at 6% **
- Terms up to TEN years (120 months)
- Loan amounts: up to $5,000,000
Loans Above $500,000 will Require Collateral!
