| How
much unsecured money can I borrow?
If you are an Individual
or Start-Up business you may be able to borrow between $10,000
and $150,000. If you are a business owner with two or more years
in operation, you may be able to borrow between $15,000 and
$250,000. The amount will vary based upon a number of credit
attributes
When I pre-qualify, am I guaranteed
financing?
No. When they provide you a pre-qualification
notice, it simply means that you have met the minimum credit
qualifications required to proceed. You may barely meet these
credit requirements or you may greatly exceed them. Each credit
situation is different. We only pre-qualify clients that have
a better than likely chance of receiving funding, since our
efforts are free until we successfully help you secure funds.
What is the interest rate on these
loans/lines of credit?
The interest rate varies depending
on your credit situation and the lender that approve you. The
interest rate will fall somewhere between prime +2% and prime
+9.99%. The overall average interest rate for most clients is
usually 9.99% to 13.99%. |