A lump-sum loan for expanding businesses, providing capital for things like acquisitions, inventory, or equipment, repaid over a fixed period (term) with regular principal and interest payments, offering a non-dilutive way to fund growth without selling equity, unlike traditional loans, by focusing on future potential as well as past performance.
Document Requirments
Completed application
12 months of bank statements
2 years of personal tax returns
2 years of business tax returns
Credit reports from all 3 bureaus (Experian, Equifax, Transunion)