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Updated almost 5 years ago on .

User Stats

2,738
Posts
56
Votes
Anthony Morgan
  • Investor
  • Waipahu, HI
56
Votes |
2,738
Posts

Business Term Loan From $5K to $250K; 600 Credit Score and Up!!

Anthony Morgan
  • Investor
  • Waipahu, HI
Posted

Need Business Funding? Get a Short Term Business Loan Up to $250K; 600 Credit Scores Welcome!!

Short Term Business Loan

  • - Loan amounts of $5K - $250K
  • - Repayment terms up to 18 months
  • - Automatic daily or weekly payment

Min Requirements:

  • - Time in business – 1 year
  • - Personal FICO – 600
  • - Business Annual Revenue - $100K
  • - Business Bank Account - Yes

Qualification Details:

  • - Business Tax ID must be over 1 year in existence – you can double check on the SOS site: https://www.proofofgoodstanding.com
  • - Business ownership must be a total of 50% for at least one year
  • - There must be an average of $8,500 or more being deposited into the business checking account for 3 months in a row with at least 5 deposits per month
  • - Minimum Personal Credit Score 600+ for a term loan and 700+ for a LOC, the higher the credit score the better obviously
  • - Average bank balance minimum of $1,000
  • - Max NSF’s allowed in 1 month is 7 and Max NSF allowed over the course of 3 months is 12
  • - Max Negative days allowed in 1 month is 4 and Max Negative days allowed over the course of 3 months is 8
  • - All applications must have an email the merchant actually uses – this will be needed for online checkout

We have over 30 Personal and Business Funding Programs.

Book a Free Consult - www.prestigebfs.com

Prestige Business Financial Services LLC

Website - www.prestigebusinessfinancialservices.com

Phone- (800) 622-0453

Offering