"90% of our applicants qualify for a loan and most of our applicants come back for more funding"
OUR MOST POPULAR BUSINESS LOAN
Up to $250,000 - Same Day Funding.
Qualifications include a minimum of 3 months business bank statements, with a minimum of $3,000 in average balance, a minimum credit score of 500+. Other aspects of your credit history will also impact the loan approval.
If you don't qualify for this loan, please see below for more options and alternatives.
Do you need to grow your business, are expanding or just need to cover som unexpected costs? We got you covered and you will have a fast approval with minimum paperwork.
MyUnsecured.Loan provides lending for business startups, franchises, bridge loans, SBA and bank declines, and personal needs.
Below please find a High Level Summary of the terms and qualification criterias:
PROGRAM #1– Same Day Funding - Small Business Loan - $3,500 to $250,000
Our Business Flagship loan has been very appreciated on the market due to the speed, easiness and terms. All loans come with no Prepayment penalty, same day funding is available and we count all Business Income, such as check, cash, credit cards, etc. You can qualify with Low Credit Scores of 500+. Higher credit scores will enable higher funding amounts.
Please submit your application, copy of drivers license, voided business check and last three months of bank statements. A minimum balance of $3,000 will increase your ability to secure a higher loan amount. .
PROGRAM #2: - Unsecured Business Loan, up to $5,000,000:
Unsecured Business Loan, up to $5,000,000: It is a business loans, but youcan qualify for startup businesses if you have a credit score of 720 and above. Up to 7 years to pay back the loan. Funding usually within 3 weeks. No restriction on the use of funds.
PROGRAM #3 - Unsecured Business Loan for Bad Credit up to $5M:
If your business has monthly revenues of $15k or more you should consider applying for this loan. For this program you must provide a copy of your full credit report, plus 6 months of business bank statements and your most recent business tax return.
Unsecured Business Line of Credit up to $5M available for companies with existing revenues ($15K/month) and weak credit (from 470).
Up to $5M available, unsecured and no collateral necessary
Terms up to 5 years
Approvals in 48 hours and funding typically within 2 to 3 weeks
Flexible Credit Requirements - FICO 470 -750 - OK
Tax Liens, Foreclosures, Collections and Judgments - OK
Can Fund up to 200% of average monthly revenues
6 Months of Business Bank Statements
Provide your Business most recent Tax Return and a Full Credit Report
PROGRAM #4: - Equipment Finance:
Are you looking for Equipment finance? Do you have at least 3 years of operations and tax returns? If so, we got the Equipment Finance for your growth, equipment replacement or for your acquisition. Our typical funding amounts are from $1-100 million, but we can fund larger amounts through syndication.