Am I eligible?
To be eligible to apply, you must meet the following requirements
- Minimum 660 FICO (small business must have credit established)
- Minimum 2 years in business
- Minimum $300K in annual revenue
- Minimum 20% ownership
- Terms: up to 36 months
- Loans up to $250K (if someone is looking for more capital, we will review and see if it is eligible for an SBA 7(a) loan which goes up to $350K
- Borrowers must be either a US citizen or permanent resident
- For loans $50K and above a UCC1 is required