💲PERSONAL TERM LOAN ☆ $20,000 to $350,000
General info
☆ Fixed Annual Interest Rate Ranging from 10% to 20%
☆ 3, 5, or 7 Year Term
☆ 1 to 2 week average to closing
Minimum Requirements
☆ 2+ Years in Business
☆ $40k Minimum Personal AGI during the last 2 years
☆ 680+ Personal FICO Score
Benefits: We track 100's of different lenders, banks, & credit unions to stay on top of changes & know what credit bureaus are being used & who they lend to.
Basics:
➡ $20k to $500k
➡ interest rate range is 8% to 22%
➡ terms range from 3 to 7 years: fully amortized
➡ unsecured with no prepayment penalties
➡ funds in 7 to 14 days
➡ minimum of 680 FICO
Documents Checklist:
(Self-employed):
➡ last 2 years Business Tax Returns
➡ last 3 months Business Bank Statements
➡ last 2 years Personal Tax Returns
➡ last 3 months Personal Bank Statements
➡ color copy of DL * front & back
➡ current utility bill
➡ voided Personal check or ACH direct deposit form
➡ articles of incorporation (organization if LLC)
➡ SS4 letter
(Employed):
➡ last 30 days paystubs
➡ last 2 years W-2’s
➡ last 2 years Personal Tax Returns
➡ last 3 months Personal Bank Statements
➡ color copy of DL * front & back
➡ current utility bill
➡ voided Personal check or ACH direct deposit form