• Business Installment Loans

    Our installment loans have competitive interest rates and provide repayment terms of 24 months to match your business needs. At Camino Financial, we believe that financial assistance should be accessible and convenient for everyone. Whether you need funds for unexpected expenses or a planned purchase, our commercial loans provide a reliable solution to help you achieve your goals.
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  • Camino Financial’s Installment Loans

    • Varied loan amounts

    • Fixed

      Interest rates

    • Repayment terms

  • Why Apply For Our Monthly Installment Loan

    Applying for a Camino Financial unsecured term loan may be the best alternative if you seek a lending solution that offers structured payments that align with your financial needs. Unlike other types of loans, like credit cards or variable interest rate products, our online installment loans have fixed rates and payments. This makes it easier to budget your payments since the amount won't change from one month to the next.
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  • Our Basic Business Loan Application Requirements

    Have an SSN

    Minimum credit score of 670

    Business in operation for a minimum of 12 months

    Annual sales above $30,000

    Current on outstanding credit obligations

    No filed tax liens, judgments, credit freezes, or bankruptcies in the past 24 months

    Must operate within permitted industries and states

  • Compare Business Financing Options

    Business Installment LoanBusiness Line of CreditBusiness Credit Card
    Nature of FundingLump sum amount disbursed at once.Revolving credit; draw funds up to a limit as needed.Revolving credit with a set credit limit for purchases.
    Interest RatesFixed interest rates; predictable payments.Variable interest rates; payments can fluctuate.Typically higher variable rates; may offer 0% intro APRs.
    Repayment TermsFixed repayment schedule over a set term (months to years).Flexible repayment, but may have to be paid in full annually.Flexible; must meet minimum monthly payments.
    FeesOrigination and closing fees.Often has annual fees, transaction fees, and maintenance fees.Annual fees, late fees, foreign transaction fees.
    Use of FundsSpecific purposes like purchasing equipment or expansion.Flexible use, including short-term working capital needs.General business expenses, especially smaller, routine purchases.
    Amount AvailableUsually higher loan amounts (in comparison) for significant investments.Typically lower limits compared to installment loans.Credit limits can be lower than lines of credit and installment loans.
  • Benefits Of Choosing Camino Financial

    ● An application process that’s 100% online ● Fixed terms and competitive rates ● We commit to maintaining your security and privacy ● No early prepayment penalties ● We have a bilingual customer service team ● We’re a direct lender with no hidden processing fees
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  • Read What Others Are Saying

    Join 9,000+ people choosing Camino Financial

  • Ways You Can Invest an Installment Loan


    Boosting Working Capital

    Managing day-to-day expenses can be challenging. An installment loan can provide the working capital needed to cover operational costs.


    Expanding Operations

    Whether opening a new location or increasing the production capacity at your current location, a business installment loan can provide the necessary capital for expansion.


    Purchasing Inventory

    For businesses with seasonal peaks or those looking to buy inventory in bulk to save on costs, installment loans can help finance these large purchases.


    Investing in Equipment

    Upgrading or purchasing new equipment can increase efficiency and productivity. An installment loan can fund these investments, which may be too costly to pay for upfront.


    Covering Emergency Expenses

    Unexpected costs can arise from equipment breakdowns, natural disasters, or other emergencies. Having funds available can help mitigate these challenges.


    Launching Marketing Campaigns

    Effective marketing can drive sales and increase brand awareness. An installment loan can finance new marketing and advertising initiatives.


    Hiring and Training Employees

    Expanding your team or investing in current employees through training can improve your business’s service or product quality.


    Developing New Products or Services

    Research and development are crucial for innovation and staying competitive. Use an installment loan to fund R&D activities.

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  • Discover Camino Financial's Convenient Loan Management

    Get a visual overview of loan status. Track payment history and request more capital through your personalized member account portal.
  • How To Get A Business Loan With Camino Financial

  • FAQs

    An installment loan, or term loan, is a financial instrument that provides a borrower with a fixed sum of money paid back through regular, scheduled payments (often monthly). They can be either short-term or long-term. This type of loan typically offers predictable payments and more favorable, fixed interest rates, especially when compared to other lending options, like credit cards or payday loans.

    Installment loans are generally preferable as they offer lower interest rates, longer repayment terms, and fixed payment schedules that make the debt easier to manage. Payday loans, while quick and often requiring no credit check, have much shorter repayment periods and exorbitant interest rates, which can trap borrowers in a cycle of debt. Installment loans tend to be a safer and more economical borrowing option.

    Small business loans can be either installment loans or revolving lines of credit. Installment loans provide a lump sum and have fixed payments over a set term. Revolving lines of credit allow businesses to draw funds up to a certain limit and make payments on a flexible basis, with credit becoming available once you repay it. The choice between the two depends on the specific financial needs and repayment abilities of the business.

    Yes. As a BBB-accredited business with an A+ rating and an average of 4.2 stars across more than 400  reviews prove it.

    Camino Financial uses the same technology that banks use to protect your private information.

    • Have a Social Security Number (ITIN is not accepted).

    • Business must have been operational for at least 12 months.

    • A credit score of 670 or higher is required.

    • Specialty Trade Contractors with a FICO score of 650 or above.

    • Must have annual sales exceeding $30,000

    • Must be up-to-date on all existing credit responsibilities.

    • No record of tax liens, judgments, credit .freezes, or bankruptcies in the last 24 months

    • Not operating in prohibited sectors.

    • No businesses that have secured an HCD loan within the previous 90 days.

    • Not located in HI, NJ, PR, MI, NV, or the Caribbean Islands.

    No, you need to be a United States citizen with an SSN to qualify for a business loan through Camino Financial.

    No, we cater our business loans to businesses that have established credit history.

    No, we don’t require any type of collateral, only a UCC lien.

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  • Camino Financial does not extend small business loans to businesses operating within these industries: Transportation, Warehousing, Real estate, Financial investing or processing, Cannabis industries, Adult entertainment, Car dealerships, Credit unions, and other sectors Specialty Trade Contractors require a FICO score of 650 or above. No businesses that have secured an HCD loan within the previous 90 days. Not located in HI, MI, NV, NJ, PR, MA, NY, ND, OH, PA, or TN; plus IN, NE, or WV for Sole Props.

  • Stay connected

    Join a community of over 40,000 micro-entrepreneurs for access to informative resources, helpful tips, and best practices on growing your business

  • Mission-driven company

    Camino Financial is a nationally certified Community Development Financial Institution (CDFI) with oversight by the U.S. Department of Treasury. By partnering with other mission-aligned organizations, Camino Financial is able to pool and distribute low-cost funding and educational resources to underbanked minority-owned businesses. Camino Financial is headquartered in Los Angeles, California with supporting offices in Mexico City, Mexico.

© 2024 by Camino Financial, Inc. All Rights Reserved. Camino Financial is a Licensed Finance Lender & Broker in California under its subsidiary Salas & Company LLC.
Camino Financial Better Business Bureau A+ accredited businessCloudflare

11501 Sunset Hills Rd, Reston, VA 20190 | info@caminofinancial.com| Tel (800) 852-0655

NMLS License: Salas & Company LLC #2186459 | CFL License: Salas & Company LLC (DBA Camino Financial) #60DBO-43053

CDFI Certification Number: 181CE054231