Amount
At $150,000 you are typically funding a multi-site expansion or a major equipment package.
✓ Checking what you qualify for does not affect your credit score.
At $150,000 you are typically funding a multi-site expansion or a major equipment package.
Both products reach $150,000. The term loan is capped at 15% of annual revenue, so $150,000 needs roughly $1,000,000 a year behind it. The line of credit charges only on the drawn balance, from 1% per month on the drawn balance, with a $10,000 minimum draw.
A weekly payment on a 12-month term at $150,000 is roughly $2,884 before cost of capital — useful as a sanity check against what the business actually clears in a week.
Tier 1: 650 FICO, 3 years in business, $300,000 a year or $25,000 a month, 8+ monthly deposits.
Tier 2: 600 FICO, 6 months in business, $60,000 revenue, $800 minimum daily balance.
The minimum FICO is 500. The 650/600/550 tiers are product criteria that decide which product a file is read against, not a floor on the business. Scores in the 500s are placed routinely and are read on revenue, deposit consistency and time in business rather than on the score alone.
Same-day decision, next business day funding on a complete file.
The term loan is capped at 15% of annual revenue, so roughly $1,000,000 a year.
The minimum FICO is 500. The 650/600/550 tiers are product criteria that decide which product a file is read against, not a floor on the business. Scores in the 500s are placed routinely and are read on revenue, deposit consistency and time in business rather than on the score alone.
Same-day decision, next business day funding on a complete file.
Same-day decision. Applying takes a few minutes and will not affect your credit score.
