Finding the right business loan for your small business is what we are all about. We want your business to grow as much as you do. That is why we help you understand your funding options and guide you to select the small business loan that is the best fits for you and your business.Get a loan
Answer a few simple questions about your small business in our short online application and find out if you prequalify for a Camino Financial small business loan in just a few seconds!
Tell us your story and help us understand your small business. We will explain your funding options while answering any questions you may have during the loan process.
We want to make sure we have all the information we need to get you the small business loan that is the best fit for you. Submitting your financial statements online is secure and a breeze!
After reviewing your business loan application, we will deliver a final loan offer with your business loan terms. Sign off, and you’re done!
That’s it! Your funds will be deposited into your bank account. Now you can focus on growing your small business!
Our online business loan pre-approval process will allow you to learn whether you currently qualify for financing. Simply fill out the form with basic information about you and your small business, and you will know your approval status within 48 hours. We will guide you throughout the rest of the process to get your financed fast.
Upload your small business documents online or submit your financial records to your business loan specialist. It’s easy! Afterward, we carefully review your business profile and match you with the small business loan solution that best fits your needs.
Receive your special business loan offer, sign the agreement, and you’re all set! You will have your funds deposited directly to your bank account in just a few days.
Our loan approval criteria are much more flexible than other financial institutions, and our terms are based primarily on the cash flow of your small business, your credit score, and the planned use for the funds.
To qualify for a business loan through Camino Financial, your registered business should be operating for at least nine months, generate sales of $30,000 annually or $2,500 a month.
Our Camino Financial small business loans offer the speed and reliability to receive funds in as fast as 2 days. We offer our clients the best rates and terms, allowing us to help more small businesses grow.
We are dedicated to helping minority businesses succeed. We believe access to capital is one of the greatest challenges for minority businesses.
The loan terms and figures shown in calculation results are example figures and subject to final lender approval.
Our monthly interest rates vary from 1.0% to 2.5%. Camino Financial term loans are fully amortized through monthly installments over 24 to 60 months.
We schedule loan payments so you can get back to running your business, because we know how busy life gets as a small business owner.
Camino Financial makes paying for your small business loan easy! We have simple monthly payments with no prepayment penalties or hidden fees.
I high recommend Camino Financial, they're simple and easy to do the procedures. Great company and awesome attendance!
Exploring with Chris
I had a wonderful experience with Camino, they will work with you to help you get approved. they had me funded within a week. highly recommended!
Jose Francisco Calderon
I do recommend small business owners to apply so that they can make their business grow or improve it. Thank you so much Camino Financial.
Randy de la Rosa
You are the best financial company I have dealt with, i hope keep making business with you for a long time. Thanks again.
The easiest way to grow your business is by investing in it. As the saying goes, it takes money to make money. But using your savings is not the best idea. Fortunately, there are affordable business loans that adapt to you and your business. As a result, you can access more cash and, depending on the lender, you can even enjoy extra benefits. Low-interest business loans open a new world of possibilities to grow your business without risking your financial future.
Finding a loan that is a perfect match for your small business is a challenging process. These steps will help you choose the perfect option with the best small business loan terms.
|Amount||APR||Tenure||Minimun Score||Min. Time in Business||Min. Annual Income||ITIN Accepted?||Collateral needed?|
|Camino Financial||$5,000 to $400,000||21.07% to 47.78%||24 to 60 months||N/A||9 months||$ 30,000|
|Other Business Term Loans||$5,000 to $600,000||7% to 99%||3 to 36 months||680||2 years||$ 200,000||Varies|
|Line of Credit||$10,000 to $1M||7% to 90%||3 to 18 months||630||1 year||$ 180,000||Varies|
|Merchant Cash Advance||Up to $500,000||40% to 400%||3 to 12 months||N/A||1 year||$50,000||Varies|
|Invoice Financing||Up to 90% of the invoice value||15% to 70%||Varies||500||1 year||$ 130,000|
No hard credit pull
Having a poor credit score doesn’t mean you can’t invest in your business. Fortunately, many business capital loans don’t require a perfect score. Some examples of bad credit business loans are payday loans, merchant cash advances, and secured business loans.
For this type of fast business financing, the lender will require you to pledge collateral. Collateral is an asset that the financial institution can seize to recoup the losses if you fail to pay.
Usually, you don’t require a good credit score to access these types of fast business financing because the collateral offsets the risk the lender perceives.
These business capital loans don’t require collateral. Often, they are offered to applicants with good credit scores. But some lenders can offer them to people with all types of credit histories. How to apply for a small business loan without pledging collateral? Easy, just apply with Camino Financial. All of our loans are unsecured because we don’t want you to put your assets at risk. Even better yet, we can work with clients with bad credit scores or no credit history.
This business lending option is for everyday expenses (like payroll or marketing) instead of new investments (like buying new equipment or expanding to a new location). You can use most types of business capital loans for working capital.
After you complete our business loan application, we’ll evaluate if you pre-qualify.
If you do, and if you like the loan terms we’ll offer, you just need to allow us to review your bank account’s cash flow. Then, with all this information, we’ll make final approval.
Finally, and after the contract is signed, we’ll transfer your loan.
All you need to apply for a small business loan is to complete our online application process. It takes less than 10 minutes, and, in most cases, you’ll know if you pre-qualify instantly.
With Camino Financial, you can get small business funding up to $400,000!
You just need to meet our business loan requirements:
At Camino Financial, we understand small businesses and that your credit history does not necessarily reflect your actual creditworthiness. That’s why we use both traditional credit evaluation tools and our CaminoScore technology.
This allows us to decide if we can approve your loan and calculate the loan rates.
It is possible to get business funding with bad credit; you just need to find the correct lender.
At Camino Financial, we want to help all small business owners. That’s why depending on your particular situation we can offer you funding even with bad credit.
No! Our small business lending process doesn’t require collateral. That way, you can grow your business without putting your assets at risk.
Yes! We have a different small business financing product specially designed for startups. We call it the Solopreneur Loan.
We work hard to ensure we can offer fast business funding. If there are no hiccups in the process, you can expect to receive your loan in as fast as 2 days.
At Camino Financial, our mission is to support small business owners. Our small business loan application has been available for everyone in need of financing before, during, and after the pandemic.
If your business has been affected by COVID-19, we want to help you adapt and overcome the new normal.
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Camino Financial is the first AI-powered Community Development Financial Institution (“neo-CDFI”) expanding access to credit for underserved Latinx entrepreneurs in the U.S. The Company is uniquely positioned to offer affordable loans as it combines its proprietary AI technology with access to CDFI designated low-cost capital and resources.
In loans to undeserved markets
50% of them funded to minorities
Incremental revenue for our borrowers
Saved in interest & fees vs others lenders