Unsecured Short Term Loan
A short term loan issued by one of our 75+ lending partners. These are non-bank lenders, alternative funders, hedge funds and family offices. This is not a bank product, thus eliminating the need for excessive paperwork and extensive underwriting times.
Funding max of $2,000,000
Term lengths between 4 and 24 months
Interest from 14%
No collateral required
Repayment via automated ACH debit – daily, weekly or semi-monthly
Significant prepayment discounts
Interest is tax deductible (consult your accountant)
Builds business credit
Same day approvals
Funding within 2 business days
Minimum Requirements
550 credit score
1 year in business
$25,000 monthly revenue
$2,000 average bank balance
Documents Required for Underwriting
Funding Request under $100,000:
Previous 6 months business bank statements
Printout of current month to date bank activity
Funding Request over $100,000:
Most recent business tax return
Previous 6 months business bank statements
Printout of current month to date bank activity