PERSONAL TERM LOAN FOR BUSINESS SUMMARY
- Funding up to $250.000
- Terms: 1 to 5 years
- Rates: 10% to 36%
- Time for approval: 1 to 14 days.
- Based on Personal Credit and Personal Income.
- Must have a 720+ Credit Score
- Must have THREE open accounts on your credit that is 2+ years old and in good standing.
- No Negatives or late payment on your credit
- Your DTC ( CREDIT CARD USAGE ) must be under 28%
- Less than 2 inquiries on your credit in the last SIX months.
- Must have a Personal Income of $50.000+
- No Bankruptcy in the past 7 years.
- No Tax Liens
- No Criminal Record
PERSONAL DOCUMENTS REQUIRED
- Application completely filled out.
- Copy of Drivers License front and back in color.
- Copy of SSN in Color front and back.
- Last TWO years Personal Tax Returns
- Last 6 Pay Stubs
- Last two W2
- Copy of Personal Credit Report ( All three bureaus )
- Voided Personal Check
BUSINESS DOCUMENTS REQUIREMENTS ( For those that wants to get Business Credit Card Funding )
- SS4 issuing you your EIN number
- Articles of Incorporation
- Voided Check from Business Bank Account
- Last TWO Business Tax Returns ( For older Businesses )
- Voided Business Check
- Business License when required by your type of business.
HOW TO SUBMIT YOUR DOCUMENTS
- Save all documents to your computer in PDF File
- Fill out online form or request application – ( 800 ) 291 – 5484
- You can also send all documents to email@example.com
Please make sure that you submit all documents as required.
WHAT HAPPENS AFTER SUBMISSION
- Allow up to 72 hours for a pre approval, may take up to 7 days for an approval.
- Once approved, provide additional documents if requested.
We can also fund Business Credit Cards up to $250.000 New Corporations or LLC accepted.
Clients can choose to register a new corporation or LLC and we can fund up to $250.000 in Business Credit Cards with 0% Apr for up to 15 months.
The amount that your business will qualify for will depend on the following:
1. Personal Credit Score and Income
2. Age of your Business
3. Business Credit Score and Income
We also sell aged corporation for those that needs more funding.
We charge a success fee for all funding that we are able to get for you after funding.