Requires an unconditional guarantee as business collateral. They take into account your time in business, annual revenue and your
credit score.
Applications vs. Funded
Average monthly
Total funded H1
H1 growth
.jpeg){kind=avatar}
.jpeg){kind=avatar}
.jpeg){kind=avatar}
.jpeg){kind=avatar}
Specifically known as the 7(a) SBA Loan, in this term loan lenders are not required to take collateral for loans up to $25,000. For loans in excess of $350,000, the SBA requires that the lender collateralize the loan to the maximum extent possible up to the loan amount. If business fixed assets do not “fully secure” the loan the lender may include trading assets (using 10% of current book value for the calculation), and must take available equity in the personal real estate (residential and investment) of the principals as collateral.
Our merchant cash advance program has simple, straightforward requirements to get you
the funding you need quickly.
In many cases, SBA loans don’t require extensive collateral, especially for smaller loan amounts. This reduces the risk for borrowers who may not have significant assets to pledge, while still providing access to needed capital.
SBA loans have detailed requirements that can be tough for some businesses to meet, including time in business, industry type, and extensive documentation.
Get the capital your business deserves with our simple, transparent funding solutions. No hidden fees, no complicated paperwork.