Direct to Borrower - CONSUMER FINANCING
Program Description - Single Application, Multi-lender platform that funds the borrower and approves consumers with credit scores as low as 550 (lender below 600 caps at $10,000), amounts from $1,000 to $40,000. The borrower is funded directly. Preapprovals are subject to verification of certain information .
Final approval/funding can take 2 to 7 days
Electronic Sign Up - Merchant Application, voided check, business license
Cost to Borrower - Borrower Terms - Rates from 3.9% to 32%, based on credit grade. No SAC Promotions, Up to 60 month loan terms
Cost to Merchant - 3.9% of funded loan plus a $49 admin fee deducted from business 10 days post funding.
Business Set Up Time - Typically 2 to 3 days for setup
Setup Fee: $299.00 Fee Collected at the time of set up.
Monthly Subscription Fee: $59 per month collected 30 days after Setup and every 30 days thereafter. Fee is collected and applied to future funded loans as a rebate. (maximum $118.00 per funded loan) Any balance is then rolled over to the next funded loan.
$100.00 Gift Card after you fund your first loan
If you have a client that needs help while you are waiting to settle we have a great solutions that provides instant results. If you are a law firm that needs funding while you litigate a case we can help you with that as well!
Small Business Loans
The world of small business lending is no longer just traditional term loans. From SBA loans to invoice financing, your business has options with APRs starting at 6.29%. Our marketplace covers many different small business loan products--offered by a variety of the country's leading lenders.