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Every business needs money, but not every borrower wants a loan that has to be paid back every single day. LoanMe Small Business Loans are paid back once a month, with low fixed monthly payments, over 2 to 10 ear terms. Better yet- borrowers can pay back at anytime with no pre-payment penalties. Interest only accrues for the number of days they borrow. This means lower more affordable monthly payments with the flexibly to pay off anytime- saving money on interest.
LoanMe SBL Product Overview:
Loan Sizes: $3,500-$250,000
Loan Terms: 24-180 months (2-10ear terms)
Payment Type: Monthly ACH
Required Docs: 2 months business bank statements (3 months for $76k-$250k loans), Copy of Drivers License & Voided Check
Offers to Borrower: Up to 3x gross monthly deposits in business bank account
Approval Time: Real-time pre-approvals while on the phone, with same day/next day funding. Funding in as soon as 4 hours!
Borrower Min Requirements:
500+ FICO
25% ownership
2 Months+ in Business (Minimum 60 days transaction history on a business bank account)
No Restricted Industry/SIC code types (Must be for-profit business)
Contact us at Business.Loans@LoanMe.com or call us at 949-535-7798
LoanMe SBL Product Overview:
Loan Sizes: $3,500-$250,000
Loan Terms: 24-180 months (2-10ear terms)
Payment Type: Monthly ACH
Required Docs: 2 months business bank statements (3 months for $76k-$250k loans), Copy of Drivers License & Voided Check
Offers to Borrower: Up to 3x gross monthly deposits in business bank account
Approval Time: Real-time pre-approvals while on the phone, with same day/next day funding. Funding in as soon as 4 hours!
Borrower Min Requirements:
500+ FICO
25% ownership
2 Months+ in Business (Minimum 60 days transaction history on a business bank account)
No Restricted Industry/SIC code types (Must be for-profit business)
Contact us at Business.Loans@LoanMe.com or call us at 949-535-7798
