Fast, Flexible, Funding!
Designed specifically for start-up and existing businesses
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Perfect for home-based franchises of all types
Variable interest rate based on WSJ Prime Lending Rate + 2.75%
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Adjusts quarterly, currently at historic lows
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10-year term, fully amortized, no pre-payment penalty
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Bank closing fees netted from loan proceeds
Personal guarantee; No personal collateral
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Secured by Business assets
SBA Guarantee
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Increases the prospect of loan acceptance
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Bank approval within 1 (one) business day
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Closes within 30-45 business days
Qualifications and Requirements
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No excessive bank inquiries
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Credit score 685 or higher
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10% equity injection (of total project costs)
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Must meet post-closing liquidity requirements
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Verification of documents (personal and business financials and all SBA forms)
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Consulting fee of 2% fee due upon receiving bank approval checklist