Lending Options
LOC, SBA, Bridge – whatever product or mix works best for you
Want to learn more about why you should consider us for financing?
Flexible, affordable, accessible funding solutions for your specific type of business
Designing the right mix of funding for your long term health or short term relief takes a little more work, and we’re happy to do it. That’s what makes us a bit different.
Line of Credit
Term: Revolving
Rate: 10% – 25% Annually
Turn Around: 24 – 72 Hours
Qualifications: 650+ Credit score, Healthy bank balances
Required Documents: Last 6 months of bank statements
Every business should have a low cost credit line. There is no charge or fee associated with setting up your line. If a need arises, simply draw and repay at your discretion with no prepayment penalty.
SBA 7(a) Loan
Term: 10 years
Rate: WSJ Prime + 4.75%
Turn Around: 5 – 6 Weeks
Qualifications: 700+ Credit, Healthy bank balances, Business Returns showing profit
Required Documents: Last 2 years Business & Personal Tax Returns, Last 6 months of bank statements
The SBA 7(a) Loan is the most flexible option for small businesses. Loan amounts go up to $5 million and can be used for almost anything — from buying a business or real estate to refinancing debt or purchasing equipment. Payments are easier to manage thanks to low interest rates and long repayment terms.
Bridge Funding
Term: 1 Month – 2 Years
Rate: 15% – 45%
Turn Around: 24 – 48 hours
Qualifications: 500+ credit score
Required Documents: Last 3 months of bank statements
Effectively bridge the gap for accounts receivable, payroll, inventory, business opportunities or any emergency. Bridge funding is for borrowers with challenged credit or for those who needed money yesterday.