Small Business $30,001 – $250,000
- Interest rates: 7.9% to 18.9% interest rate, 9% to 24.1% APR.
- Terms: Up to 60 months.
- Qualifications: 1 year in business. On-time payment history, no liens or delinquencies.
- Documentation: Bank statements, tax returns, and personal ID. No credit OK.
- Funds Available: 5 days on average.
- Fees: 5% to 5.99% loan funding fee for loans up to $100K; 4% for loans over $100 up to $150; 3% over $150K
- Collateral: May be required.
- Pre-Payment Penalty: None.
- Payments: N/A.