Term Loan

by Funding Circle
Funding Circle's loan offerings are best suited for small businesses that need access to long term loans. Personal credit scores are recommended to be above 660 and there is no minimum annual revenue requirement. They don't lend to: speculative real estate, nonprofit organizations, weapons manufacturers, gambling businesses, marijuana dispensaries, and pornography.
Minimum Credit Score
660
Minimum Months In Business
24
Maximum Loan Term Months
120
Closing Fee
No
Notes
A personal guarantee will be required
Unavailable In States
Nevada
Minimum Annual Revenue
0 USD
Personal Guarantee
Yes
Minimum Loan Amount
25,000 USD
Maximum Loan Amount
500,000 USD
Minimum Interest Rate
4.99%
Payment Frequency
monthly
Minimum Origination Fee
3.49%
Interest Accrual Periods
annual percentage rate
Maximum Origination Fee
6.99%
Underwriting Fee Minimum
0 USD
Maximum Underwriting Fee
0 USD
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Vendor
Funding Circle
Related products
Product category
Business Loans
Curated by
Alex Beck