Application Process

What documents do I need to apply for a business loan?

To apply for a business loan, you'll typically need:

Business and personal tax returns (last 2-3 years)
Bank statements (last 3-6 months)
Financial statements (profit & loss, balance sheet)
Business license and registration documents
Personal and business credit reports
Business plan or use of funds statement

Our team will guide you through the specific requirements based on your loan type and business situation.

How long does the application process take?

Our streamlined process is designed for speed:

Application submission: 15-30 minutes online
Initial review: Within 24 hours
Approval decision: 1-3 business days
Funding: Same day to 48 hours after approval

Complex loans or those requiring additional documentation may take 3-7 business days.

What are the minimum qualification requirements?

Basic requirements include:

Business operational for at least 6 months
Minimum annual revenue of $100,000
Personal credit score of 600+ (varies by loan type)
Valid business registration and licensing
Business bank account in good standing

Requirements may vary depending on the loan product and amount requested.

Rates & Terms

What interest rates can I expect?

Interest rates vary based on several factors:

Working Capital: 8.9% - 29.9% APR
Equipment Financing: 6.5% - 25% APR
Real Estate Loans: 5.5% - 12% APR
Revenue-Based: 12% - 35% APR

Your actual rate depends on credit score, business performance, loan amount, and term length.

Are there any hidden fees?

We believe in full transparency. There are no hidden fees, and we clearly disclose:

Origination fees (typically 1-5% of loan amount)
Processing fees (if applicable)
Early repayment penalties (rare, product-specific)
Late payment fees

All fees are disclosed upfront in your loan agreement before you sign.

General Questions

Can I use the loan for any business purpose?

Most of our loans can be used for legitimate business purposes including:

Inventory purchase and working capital
Equipment and machinery
Marketing and advertising campaigns
Staff expansion and payroll
Business expansion and renovation
Debt consolidation

Some restrictions may apply based on loan type and industry regulations.

What happens if I need to pay off my loan early?

Early repayment policies vary by loan product:

Working Capital: No prepayment penalties
Equipment Loans: May have minimal prepayment fees
Real Estate: Typically includes prepayment protection

We'll clearly explain any early repayment terms before you sign your loan agreement.

Do you work with startups or only established businesses?

We work with businesses at all stages:

Startups: 6+ months in business with revenue
Growing businesses: Our primary focus with flexible terms
Established companies: Larger amounts and better rates

Even newer businesses can qualify with strong personal credit and a solid business plan.

Still Have Questions?

Our loan specialists are here to help you find the perfect financing solution.

Frequently Asked Questions

Application Process

Approval Times

Rates & Terms

General Questions

Application Process

What documents do I need to apply for a business loan?

How long does the application process take?

What are the minimum qualification requirements?

Rates & Terms

What interest rates can I expect?

Are there any hidden fees?

General Questions

Can I use the loan for any business purpose?

What happens if I need to pay off my loan early?

Do you work with startups or only established businesses?

Still Have Questions?