Business Loans
Guide to Business Loans for your Business
Business Loan Requirements and Guidelines
Bank Term Loan
Pricing: as low as WJS Prime + 3-8.99%
Monthly Payment
First Lien – NO Subordinate
New 3-5 year term loan to refinance principal
Early pay off discount
Fees to borrower – 3-6.0% origination fee (based on approved line amount)
Non-Renewable
Underwriting
Min $50K bank deposit, no NSF, no prior default
Min 2-3 years time in business
Min 680 FICO
Financials package required
Revolving structure for flexibility
Fixed Payment
Low Pay back
Close-ended
Reduce Balance amortization
Full Online Access for Control
Fully funded at origination (based on approved line amount)
Non-Bank Business Loans Qualification Criteria:
Renewable Every upon 50% Paid Down Threshold
Renewable Every upon 50% Paid Down Threshold
Pricing: rate based revenue, time in business and credit
Weekly, Monthly Payment
12 to 24 month term
Early pay off discount
Fees to borrower – from 3.0% origination fee (based on approved line amount)
Renewable at 50% paid down threshold
Underwriting
Min $50K bank deposit, no NSF, no prior default
Min 2-3 years time in business
Min 680 FICO
Financials package required
Revolving structure for flexibility
Fixed Payment
Low Pay back
Close-ended
Reduce Balance amortization
Full Online Access for Control
What do I need to apply?
No matter what loan you apply for, the process remain the same. We do soft-inquiry to see if you even qualify, then we guide you through the right loan to get the right papers or approval with the least amount of papers and time.
Our initial analysis will determine what is the maximum you can qualify with just application only. Then if you want to get lower rates, full financial is the best way to provide to get the lowest rates. Give the lender warm and fuzzy feelings.
Start here…additional info will be needed no matter where you go but why get papers when we can avoid it.
ONLINE APPLICATION: You can fill out our application, upload and authorized us to process your application. We do soft-inquiry, and our lender will do hard inquiries once you are approved for Equipment Financing only.
Banks statements (3-4 months) – Proof income, proof of banking, and proof funds availability in case down payment is needed and to match for ACH Payment Drafting – as an auto pay.
For questions, please don’t hesitate to call 888-511-6223.
Vendor Sign Up
Are you equipment dealer or vendor?
please click here to signup for a vendor program, no payment for 90 days, monthly payments upto 60 month
Apply for financing for your customer as a vendor
Get Started Today
Our application process is easy. Simply fill out our quick, online application and start the process of securing financing for your start up practice. Our knowledgeable finance experts are here to assist you in obtaining a start up financing loan.
If you have any questions, we invite you to contact us
- 619-795-3123
- Mon – Fri: 6:00 am – 6:00 pm (EST)
