Fund expansion, new hires, buildout, or product launches with predictable monthly payments. The unsecured business loans range from 10.50% to 14% annually, which is much lower than a cash advance. The average term is ten years, with no prepayment penalties,
The timeline from application to funding is typically under 30 days. The max loan size with the unsecured term loan is $350,000,Docs needed to apply are; the latest two years of business returns, the latest personal tax return, 3 months of business bank statements and a debt schedule listing your current business loans outstanding.