Hello and welcome to First Union Lending! Getting a small enterprise mortgage may be complicated so let’s reply a few of your ceaselessly requested questions on this video.
Are you a dealer or a direct lender?
We are a direct lender so all of your data stays solely with us and doesn’t harm your credit score. We even have an A+ score on the Better Business Bureau in addition to a 4.8 score on Google.
What sorts of loans do you provide?
We have many alternative mortgage choices! These embody time period loans, SBA Loans, gear financing, debt consolidation, and bridge loans simply to call a couple of.
How a lot funding can I get out of your loans?
Our financing choices vary from $5000 to 2 million {dollars}.
What are the charges and phrases of your loans?
Loan phrases can go as much as 25 years however that is primarily based on a number of elements like time in enterprise, income, credit score rating, and whether or not you have got different enterprise loans. BUT we’ll get you the very best mortgage that matches your particular wants.
What is the minimal time in enterprise wanted?
At least 6 months in enterprise is required so that you can qualify.
Is there a minimal credit score rating wanted?
Except for SBA loans, there isn’t any minimal credit score rating required. SBA loans require a minimal of 680.
What sorts of funds do you provide?
We provide all 3 together with each day, weekly and month-to-month funds.
Do you have got any questions I didn’t reply? Make certain to go away a remark or give us a name! We would love to talk to you about how we may help your online business develop and grow to be profitable.
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