The M5 Loan® is a military only variant of the SBA 7A LOAN. It was founded by a Veteran for Veterans, Active Military or their Spouses.
M5 Loan® benefits include:
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No comparable credit required (if separation is within 5 years)
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Minimal net worth required (if separation is within 5 years)
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Reduced post-closing liquidity requirements for Active-Duty personnel and those that have been separated less than a year
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Expedited processing
Requirements to qualify for the M5 Loan®
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Verification of military status (i.e., DD-214 or current LES)
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Outstanding credit card debt not to exceed 40% Credit usage
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Credit score must be 685 or Higher
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Start-ups and new businesses in operation less than 2 years require minimum cash injection of 10% of overall project cost. The funds used for the injection must come from non-borrowed sources.
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Personal liquidity will depend on industry. Call for more information on liquidity requirements.
For more information on the M5 Loan® visit us at mymilitaryloans.com
