TERM LOANS
Renewable loans with repayment terms up to 24 months can provide 1st or 2nd tier funding up to $15,000,000 for companies requiring working capital in lieu of or beyond what their existing lender is willing to provide. This unique product is tailored to companies who can demonstrate sufficient cash flows and are looking for an accretive capital solution. This strategy is based on working with businesses that are constrained or do not have access to traditional commercial lending institutions.
Benefits:
Business term loans allow borrowers to pursue large-scale growth plans while paying for the initiative over the course of the loan.
Whether you are looking to tackle the next phase of your business plan, open a new location, purchase new equipment, expand into new markets, grow your team, or launch a new product, a term loan can help you reach your next phase of growth.
- 2nd position is OK
- Approvals as fast as 24 hours, funding within days.
Requirements:
- 1 year in business for loans less than $250k
- 2 – 4 years in business for loans over $250k
- 680+ FICO score for owner(s)
- Average monthly revenue 75K+
- Larger loans may require some type of collateral
Best for:
- Businesses looking to expand, purchase equipment or additional inventory, add new product lies, renovate premises, or acquire another business
- Established businesses with better credit and consistent business seeking alternatives or supplementray financing to bank or SBA loans.
1. Initial Appl.
Fill out our Quick Pre-Qual application with no impact on your credit and no obligation to proceed or accept funding.
2. We review your application
We will personally contact you to review your goals and present you with programs matching your needs, usually within 24 hours.
3. Receive funding
Choose the program that fits you best and receive funding within days.
