Unsecured Term Loan(s)

Conventional bank loans are not always the right fit for your business. Banks may require a lengthy applications process and documentation, as well as stipulate how the capital is to be spent; or deny

applications based on FICO criteria or asset collateralization requirements. Our flexible term loan program is perfect for a start-up or existing businesses that are looking for something more than a conventional bank loan.

We get you the capital you need with minimal paperwork, no asset collateral and fast funding. This loan is structured to provide you a quick influx of capital, to catapult your business to the next level.

Advantages of the Term Loan Program:

• No pre-payment penalty
• Repayment is a fixed monthly payment
• Fixed automated repayment allows for simple repayment and cash flow management
• Not collateralized against fixed assets
• Typical terms are structured between 3-7 years
• Can be used as a bridge loan for conditioned ULOC files.

Basic Underwriting Requirements:

• 660+ FICO
• Minimum credit inquires within the past 6 months
• Limited number of derogatory accounts within 24 months
• Income documentation is typically required.
• Rates average between as low as 6.25%
• For Businesses – minimum 2 years in business and 150k in annual revenue