Highlights

Loan Amount
Loan amount varies depending on cash flows generated by the business
$5,000-$25,000
Payment Frequency
Payment frequency depends on credit quality of borrower; higher risk borrower will likely make 2 payments per month
1 to 4 Payments per Month
Loan Term
Length of payment period
1 – 4 Years
Interest Rate
Interest will vary widely based on the years in business, industry, term of loan, collateral, and business cash flows
7% – 18%
Time To Fund
Time to funding will depend on readily available financial and business documentation
1 – 4 Weeks

Learn the Good & the Ugly

PROS

Available for earlier stage businesses and first-time borrowers
Stable monthly payments
No prepayment penalties

CONS

Small average loan size of approximately $7,000
Collateral may be required

See What you need to qualify

Check All Boxes and Get Started.

FICO above 550

1 year tax return

Proof of business (e.g. business license, articles of incorporation)

Car or other personal/business assets as collateral