Business Term Loans
Lending Guidelines
We offer traditional working capital loans with great rates and up to 1-4 years to repay. Our lender is a leading online lender that works closely with partners to provide the best credit financing solutions for our clients.
This is a conventional fixed rate loan in amounts of between $20,000 and $500,000. We also have a FAST TRACK loan program where we can provide a loan of between $20,000 to $100,000 and all we need is an application and the last four months bank statements and can have an answer in 24-48 hours and fund shortly after the approval.
The application takes less than 10 minutes and funding can be available in as little as 3 days. This is a great program for clients in a wide variety of industries. A sample of the Industries and the restricted industries are listed below:
- Gas Stations
- Convenience Stores
- Dry Cleaners
- Agriculture/Farming
- Distilleries/Breweries
- Restaurants/Bars
- Liquor Stores
- Healthcare
- Pet Care
- CPAs
- Lawyers
- Engineers
- Hotels & Motels
- Other Personal / Professional Services
This direct lender has certain industries and business types that they are unable to fund.
Examples include:
- Used car dealers
- Banks and other lending institutions
- Insurance carriers
- Money service businesses
- Adult entertainment
- Marijuana-related businesses
- Non-profit entities
- Government entities
- Online gambling services.
Additionally, they cannot lend to businesses in North Dakota, South Dakota, or Nevada.
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