AdvantEdge Corp. – Not Your Ordinary Business Financing Provider

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info@advantedgecorp.com

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BUSINESS TERM LOAN
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A Business Term Loan is the most traditional type of small business loan. This is when a business receives a one-time lump sum of capital that is repaid at a fixed rate within a fixed period of time. Typically, the majority of business owners use such proceeds for major capital investment in their business.

  • MAXIMUM LOAN AMOUNT $20K TO $1M
  • RATES STARTING AT 5.5%
  • FUNDING TERM 12-36 MONTHS
  • SPEED FUNDING WITHIN 24-72 HOURS

HOW TO APPLY?

Since business term loans have traditionally been a bank product, the approval process is longer, as the applicant is held to a very high standard. We typically looks for business owners with strong business credit scores and high personal Fico/Credit scores along with positive cash flow from their business. These type of loans are usually used for long-term investment of the business such as expansion, buying property, or purchasing expensive equipment.

REQUIRED DOCS

  • DRIVER’S LICENSE
  • BANK STATEMENTS
  • YTD PROFIT & LOSS AND BALANCE SHEET
  • BUSINESS AND PERSONAL TAX RETURNS

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