SBA Loans from most banks take 6 weeks for just an answer! We are able to turn in 5 short days!

Here are the parameters…

Loan amount $5,000 to $675,000

Typical average size is $90,000

Terms are 12-24 months

Collateral is NOT required

Streamlined underwriting and all is signed electronically

Repayment is not tied to credit card transactions (payments are ACH)

Payments collected weekly

Interest paid is tax deductable

Early payoff options are available

The type of business that is preferred is a brick and mortar business however exceptions have been made depending on the situations. We do prefer you have been in business for at least 12 months. We also prefer sales of $100,000 per year. Min credit score of 551. We use Equifax to check credit. We can consolidate cash advances up to 2. If there is more then we probably will not approve. One legal entity up to $450,000. 2 legal entities up to $675,000. This is done without a full tax report spread. Amounts above this will require a full spread.

This a rare SBA Loan. The rates are lower than lines of credit. If you are a business that needs money for a longer period of time at a lower rate then this is the way to go!

What do you do next?

Email admin@bounteouscapital.com with your contact information. We will email an application.

See you soon!