Mobile Food Trucks* $10,000 – $100,000
- Interest Rates: 11.5 to 12.5% interest rate. 13.8% to 16.1% APR.
- Terms: Up to 60 months.
- Qualifications: On-time payment history, no liens or delinquencies.
- Documentation: Bank statements, personal ID. No credit OK.
- Funds Available: 5 days on average from the time the vehicle is available.
- Fees: 5% loan funding fee.
- Collateral: Vehicle. 20% down payment.
- Pre-Payment Penalty: None.
- Payments: N/A.
* Only available in state of California. Opportunity Fund doesn’t offer Mobile Food Truck loans over $100,000.