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Personal Loan

Person loan options are meant to utilize a business owner's personal status rather than their companies. Business loans are given out and structured mainly by analyzing business financials and history, however if a client would rather secure capital using their personal financials and history that is definitely a viable option. This specific program is rather straight forward and much less tedious than conventional business loans and is very helpful for strong individuals with minimal business history.  

Overview

Typical Uses

Start Up Costs

Advertising

Remodeling

Basic Inventory

Web Development

Licensing & Permits

Foundational Equipment

Hiring New Employees

Different Types

Unsecured Consumer Installment Loan

Document Requirements

Personal Tax Returns

Personal Financials

Income Verification

Debt Sheet

Proof of Residence

Loan Application

Terms Structure

Loan Size

Term Length

Interest Rate

Closing

Cost

Time To

Closing

Required

Credit

Collateral

Requirements

1% ~ 5%

7 ~ 14 days

Repayment

Schedule

$25k ~ $175k

12 ~ 36 months

700+

Not Required

12% ~ 18%

Monthly

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