5 Year Consolidation Loan with
- Borrow up to: $500k
- Time to funding: One week after backer funding is obtained
- Minimum Qualifications:
- Credit score: 600 (check your credit score for free here)
- Time in business: One year
- Annual revenue: $25,000
- Three months of positive revenue trends
- Rates, Terms, and Costs:
- Average APR: 16%
- Rates are fixed (don’t change)
- Fees:
- Origination fee: 5%
- Terms: 1-5 years
10 Year Consolidation Loan with
- Borrow up to: $350k
- Time to funding: Around 30 days
- Minimum Qualifications:
- Credit score: 600 (check your credit score for free here)
- Time in business: Two years
- Annual revenue: $120,000
- Profitable
- Rates, Terms, and Costs:
- Average APR: 6.75%
- Rates are variable (adjust quarterly)
- Fees:
- Origination fee: 4%
- SBA guarantee fee: up to 3%
- Terms: 10 years