Rates start at 6.9%+ with terms up to 72 months. Funds can be used for equipment acquisitions, working capital, sale-leaseback transactions (secured and unsecured,) refinance of existing debt and for startups.
 

$25,000 - $200,000

• Signed Application
• Write-up/Summary of business and the transaction
• Proof of time in business (Sole Props Only)
• COVID Questionnaire
• 3 Months Bank Statements
• Equipment Quotes/Invoices
• Most recently completed business & personal tax returns
• Most recent year end & interim financial statements

$200,000 - $500,000

• All of the above
• Debt Schedule
• Personal Financial Statement

$500,000+

• All of the above
• 3 Years Personal Tax Returns
• 3 Years Business Tax Returns
• 3 Years Financial Statements

Deals Under 600 FICO:

• Additional collateral required to consider applications that fall below 600 FICO. If applicant has poor credit please provide a facilities list, real estate schedule, and personal financial statement with initial application.

Sale-Leaseback (Secured)

• Challenged credit OK
• Startup business OK
• Terms up to 60 months
• Real Estate (Up to 70% Loan To Value)
• Hard Collateral (Up to 75% Forced Liquidation Value)